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Transcripts For CNBC Mad Money 20140818

Were . In the cross hairs of europe, but we know that yurt has been weak. That is the approximate cause. The sooner it happens the less likely we wilikely we will get bigger cuts. That means the less likely that you will blast out of stocks ahead of a tsunami of selling when you have a number of cuts. Prudence and foresight produce what i call just in case selling. Again that is totally sensible. Im never going to criticize that. Aside from these two factors, fridays selling had theyre own momentum. The first reason that people sold, the fed. We heard endlessly that the Federal Reserve was behind the curve. Meaning the fed will have to do something to send stocks lower. And that thing is to raise Interest Rates quickly. Before i tear this apart you need to know that at the end of the week bankers gathered. Youll have to hear stories about how the fed is going to hurt you and your pocketbook. I would love to be able to immunize you against this chatter, but it is almost impossible becau

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Former Marine sentenced to 2 years in federal prison for cybercrime

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