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
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 on the news or at least the tremors before ultimately 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 Succ
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 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 for years now. They conducted the First Succes
Bloombergs julie hyman has the latest Bloombergs Julie Hyman has the latest. Selling off on the news. Julie it has not been as dramatic a reaction. Lets take a look at stocks. All three major averages are falling to their lows of the day, down pretty sharply here. If you look at the interpretations i have been seeing and hearing about on the past hour of bloomberg tv of the fed statement, there is nothing to warn of this kind of reaction. Didal he said the fed not do anything that differently in this statement, aside from acknowledge what has been going on out in the world, but not really raise any sharp alarm bells. If you take a look at the intraday chart of the s p 500, this move is even more stark. Some vacillation when the statement came out. After unusual as people read through thats not unusual as people read through it. Then, sharply lower. Again, now falling to the lows of the session. Interest rate expectation being priced into the fed funds futures, 21 chance of an increase