The fed decision is coming today. A decision that has already been made by this point. Right. Any visurprises today . The market is discounted fully. The real issue is what the chair says in her press conference. It will either be a nonissue because its already discounted or whatever she says in terms of the future path and the key operative words are slow and gradual. Do they change from that or not . Well see. If you are sitting in the room today or you have been advising or around the table over the last several days, put into context what the trump rally means to that conversation. Thats a great question because weve seen rates come up. It started after brexit. Remember, the tenyear treasury was at 136. 6. Thats the lowest since hamilton. Not the musical. The real guy. The british rate. Things started to rise. It was at 188 before the election. Im talking about the tenyear treasury, and now its up bobbing its head. Whats interesting is that weve seen equities rise against that back
Weve got going on here, judge. Its selectively bad just like its selectively good. Nordstrom coach, target, gap. Not a single stock in that group that i just read is up. True. Buy on labor day. Sell them black friday. If you adhered to that, you did very, very well. If you overstayed your welcome in some of the names you just talked about, scott, then its a rough week for you, but i think a lot of folks did do that seasonal trade and took the money off because the runs were so spectacular. You had the xrt, weiss, was up 8 in november. The etf that tracks the retail stocks. Now its rolled over. Yesterday had the worst day since midmay. Why . They were too far extended. The bulls were too far. They didnt deserve to be there. Do you think this was part of the trump rally that got so far ahead of itself . People people were talking about consumers are going to get this tax cut. Forget business taxes. A personal tax cut. They were going to go back and then clearly first parts were indiscrim
Rose up against the authoritarian regime. Members of the army deserted and rebel groups formed, all with the common aim removing president Bashar Alassad from power. But today, almost six years later, assad is still at the helm. Syria remains a battleground with russia and has black backing the president s forces and the u. S. , turkey, support ing the rebels. In the mix, a terror organization, the i. S. And alnusra front and kurdish units fighting for control of the region. Syria is a patchwork of the occupied zones. Who knows how many lives have been lost. Estimates range of up to 470,000 people. That is not including the vast numbers of injured and maimed, many of them children. [speaking a foreign language] swimming is all about upper body strength. For this 10yearold boy, it is especially important. He comes from syria and may one day decide to compete in the paralympics. This is his first Training Session today. We are in the capital. Amman. He arrived here two years ago. He is i
Power. But today, almost six years later, assad is still at the helm. Syria remains a battleground with russia and has black backing the president s forces and the u. S. , turkey, support ing the rebels. In the mix, a terror organization, the i. S. And alnusra front and kurdish units fighting for control of the region. Syria is a patchwork of the occupied zones. Who knows how many lives have been lost. Estimates range of up to 470,000 people. That is not including the vast numbers of injured and maimed, many of them children. [speaking a foreign language] swimming is all about upper body strength. For this 10yearold boy, it is especially important. He comes from syria and may one day decide to compete in the paralympics. This is his first Training Session today. We are in the capital. Amman. He arrived here two years ago. He is incredible, and i get emotional watching him. This energy is amazing. I would like to continue being there for him. I hope that i can. He is one of the millions
Power. But today, almost six years later, assad is still at the helm. Syria remains a battleground with russia and has black backing the president s forces and the u. S. , turkey, support ing the rebels. In the mix, a terror organization, the i. S. And alnusra front and kurdish units fighting for control of the region. Syria is a patchwork of the occupied zones. Who knows how many lives have been lost. Estimates range of up to 470,000 people. That is not including the vast numbers of injured and maimed, many of them children. [speaking a foreign language] swimming is all about upper body strength. For this 10yearold boy, it is especially important. He comes from syria and may one day decide to compete in the paralympics. This is his first Training Session today. We are in the capital. Amman. He arrived here two years ago. He is incredible, and i get emotional watching him. This energy is amazing. I would like to continue being there for him. I hope that i can. He is one of the millions