Ranges i agree and it occurred to me again why the market went up yesterday, we just dont know how to enjoy good things, good times. I mean, it really looks like we have maybe progrowth policies, Interest Rates that will probably still stay low. Inflation that probably wont be a problem. Everybody is worrying about Profit Margins hitting peak because wage gains will start hurting Profit Margins its bad for income inequality, but in the meantime Profit Margins stasy sustained. Everyone is saying its overvalued, but are we missing the point that there is like a perfect storm . Yeah, and yesterday you were talking about Profit Margins and once wages go up, Profit Margins by definition have to come down. But i think and im guilty of this all the time. We make this more difficult than it has to be to your point, maybe it is this simple now and i think the intelligence i cant, they try to figure out ways where ty the market will go lower. I cant, they try to figure out ways why the market wi
Down. But with this market, Collision Avoidance is king. And when we collide, we bounce back with alacrity, including today with the dow beginning 60 points, s p advancing, nasdaq climbing 0. 88 . A lot of action there. Let me give you some concrete examples of what could have happened but didnt. Lets comb the accidents that never occurred. First we need to parse some of the biggest fears being peddled by pessimistic prognosticators, perhaps designed to sow panic although the panic failed to materialize. For example, how often did we hear in late december that if the dow didnt crack through 20,000, we were doomed for a huge selloff. Sell, sell, sell. I cant believe how loud that inane chatter was. We cracked through the 20,000 ceiling or we get thrown back into some sort of on liblivion. This or this. Here we are. We didnt take it out. We got thrown back from dow 20,000, and the result, dow gets right off the canvas, makes another challenge. The prognostication here, just plain wrong.
U. S. Policy . Yousef this is Bloomberg Markets middle east. Im yousef gamal eldin in to buy. Im shery ahn in hong kong. Yousef, all in the red right now when it comes to markets across asia. Virtually all falling. Not surprising if you take a look at the gmm and go function on the bloomberg. Actually asian stocks are now trading at a threeweek low. Surprising, the s p 500 was devastated. Its all the day guest intraday reversal in 14 months. We also had the japanese yen just continuing to strengthen for five consecutive stinks or five consecutive sessions. This being felt across markets in asia. Southern that markets gaining across the board. The is. Treasury reeled, gaining. What are you watching . Yousef in this part of the world, just two hours away from the opening of the markets. The uae specifically and to buy and be. This was the state of play. Aking gains up the back of Group Sentiment on the back of improved oil prices. We are seeing some interesting moves when it comes to any
The criminal complaint said the police were led to through additional victims, two reported that heagganbrown offered to pay them for sex, the last victim reportedly got drunk with heagganbrown and woke up in his home, later learning that heagganbrown has taken Graphic Photos of the victim, without consent. Certainly, this is more than a little distressing, but the members of this Police Department take their oath seriously, this case thoroughly, and went where the facts led us. And chief also said today that the Sexual Assault investigation has not had angle affect on the per lell investigation of the Attorney Generals Office of the shooting of sylville smith. The police are trying to identify other people seen in photographs on dominique additional charges may be uppeded at a later date. Todays tmj4. As you mentioned, heagganbrown sent the text message to a sergeant, following the alleged assault. That sergeant is under innovation as well, and heagganbrown is currently suspended from
Business and we almost invariably fail to acknowledge the sheer resilience of this amazing market. Including today dow inching up 18 points, s p advancing. 20 . Nasdaq gaining. 30 . . Hallelujah . During this week in 2015, we were assailed by a combination of fears that led to a decline of nearly 2,000 dow points over just 6 straight trading days. 17,545 down to dow 15,666. Including one day where we shed more than 1,000 points. Before an afternoon rebound trimmed the decline to a heartpounding 588 decline. It was a stunning meltdown back then. Go back to the darkest days of the Great Recession of 2008 to find a worse stretch. For those who dont remember, there was so much going wrong all at once it was hard to comprehend. First the chinese stock market the communist government lost control of stocks over a frenzied period of speculation. The shanghai composite plunged to 2,965. After its already hideous fall from 5,178 earlier that spring. Back then we feared china was experiencing th