Anything that wasnt nailed down, because the europe kwan Central Banks are getting more aggressive in trying to stimulate their flagging economy. The result . Ill tell you. They were picked off picked off. Dow opening strong, but then nosedived as much as 179 points earlier this afternoon before rebounding hallelujah s p 500 actually closed up. Nasdaq climbed 0. 26 . J they say why do you keep doing the show day after day, month after month, year after year . I tell them i do it, because i like to teach. I love this classroom we have here tonight. Tonight i want to school you on some Lessons Learned from this very morning portion, as much as we might want to think were joined at the hip, what happens in europe doesnt really matter all that much to the vast majority of companies in the united states, unless theres some says temperaturic risk happening over there. For example, lets go back to february 10th, when there were many rumors about european banking possibly failing. The you can
S p 500 actually closed up. Nasdaq climbed 0. 26 . They say why do you keep doing the show day after day, month after month, year after year . I tell them i do it, because i like to teach. I love this classroom we have here tonight. Tonight i want to school you on some Lessons Learned from this very morning portion, as much as we might want to think were joined at the hip, what happens in europe doesnt really matter all that much to the vast majority of companies in the united states, unless theres some Systemic Risk happening over there. For example, lets go back to february 10th, when there were many rumors about european banking possibly failing. The you can understand why some Stock Traders wanted to sell our financials, betting there could be some spillover to our banks from europes weakness. I get that. When our banks were very interrelated with europe. There was a lot of linkage, both publicly and privately in terms of contracts and derivatives that were, you know, frightening.
Anything that wasnt nailed down, because the European Central banks are getting more aggressive in trying to stimulate their flagging economy. The result . Ill tell you. They were picked off picked off. Dow opening strong, but then nosedived as much as 179 points earlier this afternoon before rebounding hallelujah s p 500 actually closed up. Nasdaq climbed 0. 26 . They say why do you keep doing the show day after day, month after month, year after year . I tell them i do it, because i like to teach. I love this classroom we have here tonight. Tonight i want to school you on some Lessons Learned from this very morning portion, as much as we might want to think were joined at the hip, what happens all that much to the vast majority of companies in the united states, unless theres some Systemic Risk happening over there. For example, lets go back to february 10th, when there were many rumors about european banking possibly failing. The you can understand why some Stock Traders wanted to s
President xi jinping. Day two of a threeday stroist china. These are live images coming through from there at the moment. We do have, of course, arriving here threeday visit, accompanied by a whole gamut of Business Executives from germany as they try to drum up trade between the two countries. Lets look in more detail and get to beijing itself. Stephen engle is there with a closer look at the visit here. Steve . Im looking at it just as you are right here. Shes going to be given full military honor welcome to beijing as the premier hosts her. Met her last night after she flew in, her first stop on the three, almost fourday trip to china. Her seventh trip to china as chancellor since taking over as chancellor in 2005 and trade will be the focus of this visit last night. As i said, she flew in, merkel met with the premier and two, of course 0, exchanged the pleasantries before the cameras about the importance of building mute chur trust and, of course, business. Germany is chinas larges