Interest rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright hawkish and bad for workers. The fed still thinks inflation
Shame on them. If jobless claims spike again tomorrow want to know if the analal fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright wkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which doesnt seem to take seriously and doesnt see a cessation in hiring. Good luck. Box made worse, dare i say they know nothing. Second. I want to see an end to political uncertainty. To that all i can say is its a lot worse out there. We have no idea who will win in the iowa caucuses. The two democrats are running against wall street with capital as is the gop frontrunner donald trump who castigates Hedge Fund Managers for not paying their fair share. Bernie sanders want medicare to cram down big pharma by negotiating with the compani. Holy cow. Who wonder the biotech stocks are crushed. From the stock market perspective all candidates agree on policies that are bad
Sound the allclear. The one that doesnt allow for mistakes like the feds wishywashy statement on Interest Rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. If jobless claims spike again tomorrow want to know if the analog fed members are really ready to tighten again despite digital deflation everywhere. Statement was downright hawkish
Hike. Shame on them. If jobless claimspike again tomoow wto know if the analog fed members are rlly ady to tighten aga despite digitadeflation erre in fact, i thought t whole statement was wnright haish and bad foworkers. The d still thinks inflation could be a problem despi the decline in o which doesnt seem ttake serusly and dont see a ceatn in hing good luck. Box ma worsedare i say they know nothing. Second. I wa to see an e to tical rtainty. Tohat all i can say is its lot worse out there. We have no idea who wi winn the Iowa Caucuses. The twdemocrats are running ainst ll street with capal as is the gop frontrunner donald trump who castigates hedge fuagers for not heir fai Bernie Sanders want medica to cram down big phma b negotiating withhe comnies. Ho cow. Who wonder the biotech stos are crusd. From the stockarket persctive alndates agree on policiethat are b for the financials terrible for the ugompaes. The beer sders does in the lls, the harder inton s to run againsthe althy. Sh
Her best friend la keisha brown was killed this morning. La keisha was funny and caring and had a big heart and she listened. Reporter the 33yearold mother of one was a nurses assistant at the a chris to craft nursing home. She was well loved and funny and giving. People that miss her. Reporter 22yearold ken urbannic was traveling northbound in the southbound lanes when he crashed the chevy ca balt into his suburban. There is evidence of alcohol use. Reporter browns family is struggling with a lot. My heart is broken. I think if i go to sleep and i wake up i will see her. Reporter now, police tell me that it can take several weeks if not months to get the live in cleveland, tracy carloss, newschannel 5. It was wonderful to win the caucus and to have that experience of all the hard work, the grassroots organizing pay off the way it did. It took until this afternoon for the final call but Hillary Clinton squeaked out a victory in iowa. Even before it was official clinton said she was hon