There was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irrational north korean government and thermonuclear weaponry is reassuring as it gets. To take the whole thing in stride dropping about a percent on the news or at least the tremors before ultimately rallying. It rallied hard and finished almost unchanged. Theres no universe where we could be down more than south korea on these mo
To go lower. You cant let the fears and there was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irrational north thermonuclear weaponry is reassuring as it gets. The stock market in korea seemed to take the whole thing in stride dropping about a percent on the news or at least the tremors before ultimately rallying. It rallied hard and finished almost unchanged. Theres no universe where
Thermo nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irrational north korean government and thermonuclear weaponry is reassuring as it gets. The stock market in korea seemed to take the whole thing in stride dropping about a percent rallying. It rallied hard and finished almost unchanged. Theres no universe where we could be down more than south korea on these moves. At least no more worried than you were yesterday. Remember the North Koreans have had Nuclear Missiles for years now. They conducted the First Successful test in 2006. All
To take the whole thinin strideropping about a percent on the news or at least the tremors before ultimately rallying. It rallied hard and finished almost unchanged. Theres no universe where we could be down more than south korea on these moves. At least no more worried than you were yesterday. Remember the North Koreans have had Nuclear Missiles forears no they conducted the First Successful test in 2006. All they have done here is go to be able to o ild more powerful nukes like 1952. The North Koreans are never going to use those weapons because even their supreme leleer doesnt want his s untry wiped off the map in retaliation. Beyond that though while everybody was focused on north missed the rate hike bomb. Toy we got a strong employment number from adp which is bad news. Socalled bad news because it suggests the fed can keep tightening and yet at the same time this morning the feds vice chair Stanley Fisher said in an exclusive interview w at he wasnt nuking the market with rate h
Interest rates have been raised. Markets in japan, brazil and others saw market fall 30 . A definition of the bear market. If you trade stocks, or participate times like these can try your soul. Lately we have heard talks about chinas economic slowdown, and the price of oil dropping stacks further. Tonight, we are going to talk about another factor that might be feeding some of this volatility. To do that we want to draw comparison to Global Warming. As soon as we agree Global Warming is happening, if you believe the planet is heating up because of human activity, Global Warming is causing more weather volatility, more hurricanes, blizzards and typhoons. Critics say the stop market is blowing up its own storms because the traders buying and selling larger volumes of shares. In particular critics point to High Frequency trading. Hundreds of trades. Tens of billions are conducted every day with Price Movement measured in fractions of a penny. The high volume speed will heat up markets an