Rally. Disbelief in the prices where stocks are trading. And the moves that they have made. Moves like today. Dow gained 15 points. S p advanced 019 . And nasdaq claimed 0. 4 . The best percentage gain since august of last year. I think that this disbelief issue is the subtle undercurrent that accompanies so much of whats happening in the market lately. People they dont believe. They dont believe we can keep rallying like this. Without better job growth. After all, heres the subtext. How can the averages be making alltime highs when employment is still so much weaker than it was before the recession hit . That thinking is the reason why so many people are so mistrustful if not scared an frightened of this move. But theres a problem with this logic. Theres a problem with the idea that theres a positive correlation between job growth and stock prices. In reality as ill explain, there is a correlation. But bizarrely its an inverse one. Yes, less job growth can actually be good for the sto
Of europe is hanging to some green arrows. Apple disappoints and revenue guidance is short of expectation. Meantime, the overall market set for a missed open after a big mix on durable goods orders and another big driver of todays market is earnings, ford, comcast, pfizer some of the names making moves in trading and well break them down. First up, well talk about apple and shares taking hits after betterthanexpected quarterly profits they sold a record 51 million iphones in the quarter but below expectations, the Current Quarter guidance short of consensus and an hour from now well get information from john scully who will join us at post nine. We said how easy it would be to set a new record which they did on phones, but no one expected phones to come in quite this low. No. I think theres a big schism developing, the analysts have really turned on apple now. This has become an unruly Conference Call. And youll see in a moment, but the analysts are still talking about are you still a
A handful of first day sions prevail against the worlds biggest farmed salmon producer. One thousand kilometers to the northeast at the foot of the Rocky Mountains lies the peace river valley. Here to a few people are fighting against a Large Company this time a state owned one. B. C. Hydro plans to flood a nearly one hundred kilometer stretch of this river valley. Including the bone familys farm. But arlene boone can still prune her wild roses is almost a miracle. A new road was supposed to run through here. Her husband canned his getting the machines ready to work the land along the river its land that no longer belongs to them. We were expelled predated we we we refused to sell to them and and so so day expropriated show on december fifteenth of two thousand and sixteen last winter day expropriated and. This is fertile soil among the best farmland in all of canada the bones say. Everything is so easy gardening and futile so i dont you dont you know you cant just do that anywhere and
Mid Summer Island on Canadas Pacific coast Indigenous People from the most cmon First Nations have occupied a fish farm near. Gonzaga. About the traditional good bird. And you have never been given rights to be or dont tell me dont eat you can see i dont know about. The protest is directed at Marine Harvest or Norwegian Company the worlds biggest salmon producer. Two hours away by plane to the northeast in the Rocky Mountains this river is slated to disappear Energy Company b. C. Hydro is building a dam here the project is the biggest of its kind in all north america. God creator gave a beautiful place and norm i dont know if. Its a cool foggy morning in Early September when we first meet melina dawson. She and her mother are loading supplies on to her uncle mikes book. It will be a company molina for the next few weeks. Theyre bringing the supplies from port mcneill to the fish farm protesters. And from king came in lets really and then twenty one got a big family home school. Says wi
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