Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Strain, director of economic studies s a i, widely published scholar in a comic finance and many other areas in his new book is an exceptionally clear and broad overview of the state of American Economic life, the actual conditions we face, the trends over recent decades, the dark stories we hear in our politics about the conditions americans have experienced and what our prospects are. Things are better than the mood of our politics and the critics of the market economy would sometimes suggest, we do face risks and maybe the mood and those critics are among the most important of those risks. It is a controversial thesis. As a conservative im resistant to being cheered up and told everything is fine but it is a powerfully argued thesis it as you will see a very thoroughly supported thesis. Joining us to respond to mikes argument is richard reeves, one of the smartest policy thinkers in washington, the whitehead chair and senior fellow of economic studies at the brookings institution, d
And his new book is an exceptionally clear and broad overview of the state of American Economic life. The actual conditions we face, that trends over recent decades, how those related to some of the dark stories that we hear in our politics about the conditions americans have experienced and also what our prospects are. I think its fair to say he finds think so much better than the mood of our politics and the critics of the market economy would sometime suggest but that we do face risks and that maybe that mood and those critics are among the most important of those risks. Its a controversial thesis. I do say as a im resistant to being told everything is fine. But it is a very powerfully argued thesis and as you will see and hear tonight, a very thoroughly supported thesis in the book. Richard reeves, one of the spar social analysts and policy thinkers in washington, richard is a whitehead chair and senior fellow atn economic status of te brookings institution. Hes director of the bro
[applause] gov. Holcomb good afternoon. Good afternoon. This is the day the lord hath made. Let us rejoice and be glad in it. I saw more smiles and hugs coming in today than i have seen in some time, and i understand why. President pistol, distinguished trustees, faculty, staff, alumni, and all members of the extended Anderson University family gather here to celebrate this prestigious 2019 graduating class. It is an honor for me, as governor of the great state of indiana, to be here with you all, and to play a role in the celebration. Soon, you will be turning your tassels. Indeed, that is a real source of pride for many of us your professors, your friends, your family. Maybe the most proud, your parents, but we all realize you did not get here alone. Yes, today is a day that we shall, as already alluded to, never forget. You may forget what i say to you, but i guarantee you will never forget this day. So at the very outset, let me thank the president for your generosity in inviting m
the breaking news just as we come on tonight. the aerials now coming in. the fire burning outside dallas where there have been record high temperatures for days. 104 degrees in dallas as we come on tonight. and in the west tonight, the emergency playing out near yosemite. nearly 17,000 acres destroyed. 6,000 people forced to evacuate. and ginger zee is in the first zone. tonight, president biden rcovering from covid. what the president said today working from the residence. and what his doctor has now revealed. tonight, the new video released by the january 6th committee. what it shows the former president unwilling to do, one day after the u.s., the world, witnessed the attack on the u.s. capitol. a copy of former president s trump original speech. which lines were crossed out? and what his own daughter ivanka trump told the committee. the world health organization now declaring monkeypox a global health emergency. cases in the u.s. doubling. two children now among t