In earnings or slightly off analyst expectations, neil and youre seeing a big downdraft in these stocks. Linked ilinkedin and twitter down 20 . Apple, longterm a buy. Take out the 2 billion of cash, only trading at 11 times earnings. The big issue here neil even that got pelted with a great earnings report. No question. Neil were looking for something. Thats correct. That adage about selling in may and go away. Neil do you buy that . Theres some truth to it. If you look at it from a technical perspective. Theres a larger truth here. This economy typically goes into the recession every seven years. Were getting long in the tooth on a lower longer recovery. Maybe thats not a recession in the next six to seven months. The market will feel the pain of that earlier than everything else. So any slight, more bad gdp numbers. Lesser on the deficit and the tax revenue youll start to see the market rollover. So im not calling for a correction today or tomorrow but were getting every day neil wer
In earnings or slightly off analyst expectations, neil and youre seeing a big downdraft in these stocks. Linked ilinkedin and twitter down 20 . Apple, longterm a buy. Take out the 2 billion of cash, only trading at 11 times earnings. The big issue here neil even that got pelted with a great earnings report. No question. Neil were looking for something. Thats correct. That adage about selling in may and go away. Neil do you buy that . Theres some truth to it. If you look at it from a technical perspective. Theres a larger truth here. This economy typically goes into the recession every seven years. Were getting long in the tooth on a lower longer recovery. Maybe thats not a recession in the next six to seven months. The market will feel the pain of that earlier than everything else. So any slight, more bad gdp numbers. Lesser on the deficit and the tax revenue youll start to see the market rollover. So im not calling for a correction today or tomorrow but were getting every day neil wer
Nation and our rights of determination. Amy then outrage grows over new jersey governor Chris Christies decision to settle an 8. 9 billion toxic contamination claim against exxon for less than 3 cents on the dollar. New jerseys state has urged a judge to reject the settlement. And we will remember the pioneering independent journalist and filmmaker Danny Schechter. All that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. Newly reelected israeli Prime Minister Benjamin Netanyahu has tried to walk back his preelection vow not to allow a palestinian state. Netanyahu had emphasized his rightwing positions in the leadup to the election, urging supporters to cancel out the votes of arabs he said were heading to the polls in droves. A day before the election, when asked if he was ruling out establishment of a palestinian state under his tenure netanyahu replied, indeed. But he tried to backtrack in an interview with nbcs andrea mitc
It we want greece to return to its ability to grow in her cover stability. Greece has suffered a lot. The urban policies that have been very hard. The solution wrought lies in greece. Brendan the Prime Minister has blocked at cutting wages and tensions. In china, the government is taking his that to jumpstart the economy. They are increasing the amount of money banks must set aside. They lowered the reserved requirement by 1 . European Foreign Ministers are meeting about a crisis that many say they helped create. A fishing boat carried 950 refugees cap dies cap says in the mediterranean. It was renzi who wants to follow up. Our priority is Human Dignity as well as National Security to stop the trafficking of human beings. The new slave drivers cannot think this is a secondary problem area. Brendan libya has been used as an embarkation. The European Union has made it difficult for people to emigrate legally. Comcast and time warner are trying to save their merger. The two companies will
Stephanie elon musk almost sold the electric car company to the internet giant. It is monday morning here on Market Makers. Im stephanie ruhle. Matt Erik Schatzker is upstairs moderating a panel was some of the worlds top bankers. Stephanie you were on my seat on friday. Matt it was quite comfortable. Stephanie i was interviewing the one and only mary j. Blige. Matt im going to kick it off with the tough stories we are following you at home in china the government has taken another step to try to start the economy you it cut the amount of money leonard should set aside before the start of the financial crisis. Today last week china reported its lowest Economic Growth in six years. A chinese stocks were down anyway today after regulators moved to cut the leverage trading levels there. Once the fourth two steps back. The greek bond selloff is renewing this morning. It is in its seventh day with interestrate yields in greek, threeyear notes hitting a alltime high of 27 . The deadline to p