And chinas economy bottomed out. Brent and wti climb back gains after settling at the lowest level in 2009. It was a rough session overnight. Housing a big part of the story. Were just hearing from one of the luxury Home Builders reporting q3 earnings of 36 cents. Thats well below the analyst expectations of 49 cents. Revenue was to come in around 1. 03 billion and revenue coming in line with expectations. We should point out the stock closing lower yesterday following the Broader Market sell off losing about 4. 7 but year to date up about 5. 7 . Responding to the housing data over the past couple of months but back to the market sell off. The dow seeing a 4,000 point move in one session. We just captured the highs, lows and where the dow closed. At one point in the beginning of trade we saw the dow down by around 1,000 points. Some traders sending me pictures just showing traders clued so their screens and cnbc saying what kind of ride are we in for . We saw the dow coming off the low
In the white house, for as you will hear from jason furman from the council on economic advisers. All of the agencies are focusing on what we could do on this important issue of reentry. Recentry fits into the broader picture of criminal Justice Reform and last summer the president gave a speech where he focused on three buckets. The community, the courthouse and the cell block. So we have a collective responsibility and many of the advocates that are here together together with the private sector have been focusing on improving our communities and everything from Early Childhood education to breaking the school to prison pipeline to breaking the Sexual Assault to prison pipeline to ensuring that every child gets that fair shot. The president s my brothers Keeper Initiative is another way of helping other boys and men of color to get that shot and follow a life free from crime. So we have to improve our community. We also have to improve the courtroom. And you are seeing there is bipar
Find great erin sight into it. No one respected the admiral than i do. He is caught many times between the macinations of congress where we force him to take from Critical Systems to pay for other Critical Systems and i think he would like to avoid that conundrum. But our near peer adversaries are near to tackling our space assets. This is no longer academic and the question before this committee is what shall we do about it. These adversaries have taken note of the u. S. Space dominance provides our military and observed the defenseless nature of our space assets. If we are to abandon the commanding heights of future battlefields without a fight, it will be our military who suffers the consequences as they find themselves cut off and fighting blind in an environment far from home. China has clearly demonstrated antisatellite missile capability and proven it could reach from orbit to low earth orbit. Russia has also tested a direct assent a sat and north korea and iran have both launch
Ever. Pfizer and allergan coming together in a 160 billion plus deal and shares of both companies are moving down. Allergan the single most favored stock owned by hedge funds. Its up 20 this year. What are the other names the smau socalled mart money likes right now . The smart money moniker depends on performance but in any case allergan was number one according to the quarterly roster that Goldman Sachs puts out based on quarterly filings followed in short order by big gainers like facebook and alphabet and amazon up 37 , 47 , and 127 respectively. It was a period in which hedge funds increased their net exposure to the tech sector to nearly 18 and cut their exposure to health care marginally according to goldman basing their findings on a sample of over 800 fundamentally driven stock funds. The troubled valeant pharmaceuticals, one of the most popular from the Second Quarter list, was actually dropped altogether in the Third Quarter and that, interestingly, was before allegations su