Week for the Global Markets, all sorts of records broken. Investors were worried about the risk of rising Interest Rates. Tracy alloway had an interview on this in a wood of the. Abu dhabi. The market is a market. They have done a great job in stimulating the economy. President obama had started the Aircraft Carrier to move slowly, and he did a good job at it. The market is the market, it is always dangerous. They give it too much credit for it on the way up as you also have to take the blame for it when it goes down. Anchor what actually sparked the volatility . Have you seen Something Like this before . Guest sure. The quantity of course is frightening, but now we are dealing with etfs and computerrelated programming. I think the nervousness and markets is in the anticipation of Interest Rates rising. I think it is significant and we will see what happens in the next couple of years what happens in the overall economy. Also, the emotional transition. Jerome powell coming into the fed
Investors had jitters about the risk of rising Interest Rates. Tracy alloway had an interview on this in a wood of the. The market is a market. They have done a great job in stimulating the economy. President obama had started the Aircraft Carrier to move slowly, and he did a good job at it. The market is always dangerous. It is always dangerous to take too much credit for it on the way up as you also have to take the blame for it when it goes down. Anchor what actually sparked the volatility . Have you seen Something Like this before . Guest sure. The quantity of course is frightening, but now we are dealing with etfs and computerrelated programming. I think the nervousness and markets is in the anticipation of Interest Rates rising. I think it is significant and we will see what happens in the next couple of years what happens in the overall economy. Also, the emotional transition. Jerome powell coming into the fed, the world being maybe not as transparent as we hoped i think economi
Companies progresses. L brands raises its full year outlook as Second Quarter profits beat expectations. Sales at victorias secret, the main growth driver. The great rate debate wages on. We did get the fed Meeting Minutes out of july. Not as dovish as people were expecting. So the economists expecting a september rate hike has been reduced from 40 to 45 ahead of the minutes being released. Futures pointing to a lower open. Were down triple digits on the dow. The nasdaq lower by 28 and the s p 500 also indicating a lower open. This as the ftse cnbc global index, this is a good gauge of stocks around the world. Not just europe but asia as well and were sharply lower in todays trade by 16 points. Very close to session lows. A lot of that having to do with the underperformance in asian markets. Were looking at the xetra dax down triple digits. Thats a 1. 2 move to the down side. The german dax hitting its lowest level since january. Thats a significant move. Just think about how ecb qe po
Reporter, why he would become a killer, a criminal. Why things happen that way. I would think that it needs to be the way al jazeera would do issueld go deep into the and look into all the possibilities and the reasons and bring experts to talk about it. That is the way we do it. Host director general of the al jazeera network. Thank you for talking about the network. That will do it for our show today. We will see you right back here tomorrow morning at 7 00 a. M. Eastern. The carnegie to endowment for International Peace for a discussion of the Economic Impact of lifting the sanctions on iran. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] good morning to all of you. I will give you a few seconds to take your seats and we will get started. Lets get started. I want to welcome all of you to the carnegie endowment. Im a senior associate here. I wanted to welcome our guest speakers today. He is the
Four trading sessions with yesterdays strong gains. Now the major u. S. Averages all turned positive for the week. The nasdaq now positive for the year. Check this out. The dow and nasdaq are now on pace for their best week in a month and a half. Stocks are now out of correction territory sitting less than 10 from record highs from mondays intraday low. The dow is now up 8 . If you had caught it at the bottom this would be a great week for you. The s p has risen nearly 7 . The nasdaq is 12 higher. We should give kudos to our friend that had those dates. He said this was the week. Remember he had the exact dates . You were out. I was probably out. I think i was out. I wasnt here. Assuming this holds up. We dont know. Like yesterday i was checking from time to time and i was in a place that i didnt have wifi. It was that fake out. Up 2. 5 and then all the way down to less than. 5 and then back up. Youre thinking i bought into this and now its going to go down and ends up going up 360. It