Been so much under pressure of late that rotation coming amid new fears about the impact of the republican tax plan. Joe, yesterday we give up 300 dow points today we give up 60 and now were negative by nearly 20. Has this suddenly become a sell the rip market becauseof fears over taxes i think that in the tech sector, yes, for the near term, thats probably the strategy longer term i dont know if thats the right play but i do think in tech thats what you want to do you want to sell into strength right now, but, again, thats a very short lived phenomenon, and i think everything thats going on this month is very short term oriented youre seeing a lot of moves in the Derivatives Market that are predicating what were seeing in the larger equity markets themselves, but its all short term in nature and once you flip the calendar into january you need to understand that the fundamentals will return in january. I hear you on that, but im wondering, stef, what happens between now and the end of
Strengthening into a category 2 storm. Well hear from the chief hurricane spags from noaa with the very latest on the mega storms coming up. But lets start with various stories that investors are paying close attention to. President trumps comments on the debt ceiling, the future of the fed, tax reform. Eamon javers still there at the white house and Steve Liesman has a look at gary cohms future and ylan mui has been monitoring the opposition thats growing to tax reform eamon, let start with you. I know they will kick you in that room. Whats the story just saw the press conferenced, very international focused press conference you saw the two leaders talking about the dispute between the israelis and palestinians, the dispute between qatar and the rest of the Gulf Community and dispute between north korea an rest of the world. The president expressing some cautious optimism about all of those disputes being resolved at some point in the future but no real specific tangible signs of prog