No. Absolutely not i think a lot of is because of the decline we had earlier in the month, down 5 i think it was healthy i think its all about earnings. Look, so far earnings are growing at 4. 7 . Thats not really statistically dramatically above what the consensus was at somewhere around 3. 6, 3. 7. It doesnt feel that way i think this week is a big week just in terms of can amazon yep and i think its really amazon, can amazon extend the momentum from last week that was delivered from alphabet and meta can apple stop the momentum schneid. Anastasia, the fed meeting, and maybe the risk is the fed chair giving the most recent inflation reads, and that read was better than the most recent cpis, and so what do you think i think it will be really hard for fed chair powell to send hawkish given what he said a couple weeks ago, and the 2year it has priced out but one cut for the remainder of the year, and its 125 basis points priced in to the next five years, and the market is where the fed
Out its new plan, but for now we can tell you it looks like this second crack at this white house at this immigration executive order is going to focus on six countries, not the seven they initially focused on. Theyll take iraq off the list. This white house very much believes that its first crack at the immigration executive order was legal and proper and well handled. That said, the courts stepped in to block some of it so theyre taking another chance at it today. Well wait until 11 30 to get the details. One focus will be on whether or not the white house can do this without provoking the chaos and confusion we saw at airports around the country as officials struggled to figure out who was allowed in the countries and who was not. Theyve had time now to process this and get the information to all the people at the airport so we expect theyll be giving us the full details in half an hour. Dont go too far. Well come back to you for more on that. The impact and risks to the rally as th
Can last. Jim, i heard you say this morning, people are feeling liz stable, theres a lot of remorse. This cant be as good as it seems. Are we at a tipping point, do you think . I do think were at a pausing point because i know the fed is going to take action. And i think that everyone is excited about the fed raising rates until they raise rates. And this day you get a sell on the news situation. I do believe that theres a lull in earnings that makes it so you start thinking what is going to get 3m to 192 . Should i be buying boeing at 200 . What i find is that people are saying, geez, you know, the tweets are a little insane and the janet yellen who knows what shes going to say. Maybe take something off the table. That not radical. Thats fine. Continuation of what we saw thursday and yet friday turned out to be a benign day. I dont expect anything big enough to get out and get back . You said you would ride through it. Yes. Absolutely. I want to ride through it. Fault anybody for taki
Should employ in because im going to miss out. Go into disney . Not going to miss it. Apple . Not missing anything. Nothing is going on until yellen pulls the trigger on the 25 bips or not. Got to wait for that. Guys arent meeting without britain the first time. Hear what they have to say. Show me why i should employ this cash . What about you, josh . Clients tie you up. A check for x number of millions of dollars pup say, you know what . You wait. Listen, the absolute deal with this. Where its new client, or respective new client and a lot of them in cash, sometimes not for like waiting, miss the whole rally. Sometimes sold business. Decides, all did or all out. One of the things that makes sense to answer the question, dollar plus averaging. Another thing that might make sense, instead of focusing what am i missing the next three months . Buy on the day. Missing in the next ten years if i quote unquote wait for the right time. Not suggesting anybody do that. Not heres all my money. T
Columbus police released few details connected to a fatal hit and run last month, that claimed the life of a Columbus State Community College student.Benjamin W