Turn things around. After three Straight Days the market once again opened down big. Nearly 140 points before the averages rebounded. Dow declining 40 points. Nasdaq dropping 2. 7 and the s p dropping 4. 9. I call it a victory for the bulls. How did the rebound happen . First we have pieces of positive Economic Data to help the bullish costs. One of the main reasons we have been hammered has to do with very pumped data involving our economy. Soft durable goods numbers were a bummer. Soso housing starts. Weak aggregate retail sales and the drum beet of negativity thats continuing to come out of china which cant seem to deliver the growth it used to. But this morning we have positive data from europe of all places. Im talking about the european loan numbers. This matters. It shows growth in borrowing for the first time in ages. You cant get an economy going until lenders extend credit and take a chance with it. Thats what happened in europe. Any sign that things are Getting Better might
And a half from washington d. C. Its one of the, i think you go back in the 50s and 60s when these publishers had their own manufacturing sites they wantedded to find a spot out in the country where they had some farm people. They always viewed the farmers as people that would have mechanical aptitude and that they could, you know draw them into the factories which was kind of the mindb set of, you know doubleday. To biographies of prominent political figures like laura bush and joseph kennedy. Dr. Ronald kessler is the secret Service System broken . Guest this system is broken at the Management Level not necessarily the agency. The agents themselves eidetic faded, they will take a bullet for the president but there is a management culture of retaliating against those to point out problems or threats, punishing agents who question any thing, promoting agents and to management who preached and the secret service is in vulnerable so it is a corrupt culture. You saw an example of that whe