people panicked for 2019? you hear the word depression that has people reeling. i think the possibility of a recession is not completely out of hand. especially when you consider how quickly things can change when people s psychology changes and obviously the head winds you talk on the show every day, from trade to geopolitical tensions, but i don t actually think the market is so terrible this year. it s been choppy but we have not had dramatically large swings. at its worst point yesterday, s&p down 5% on the year. at best point, up 10%. a tight range. historically we ve seen so much worst in the recent past. one other thing to leave you with volt tilt volatility we shou to. of course irony of it all. what is amazing? the irony. the president wants people to
nights or aew weeks or months in jail affect his temperament on striking a deal with mueller? and the second is how does it change the posture of other witnesses in the mueller probe and how does it change the posture of the white house if they believe that manafort is close to flipping? yeah, so ellie, what s the conversation like if you re in the room and you re the lawyer and you re talking to one of these other people who s the target of this probe maybe who s underindictment in this probe, what do you say when they come to you and t say d suft see the paul manafort went to jail? it s a huge if he does. if he does, it s potentially a game changer. the whole psychology changes. when you re a defendant and out on bail you re fighting like mad to stay out. you will delay, deny, drag your feet, whatever you have to do. but when that shifts and now you re in jail, you re whole mindset changes and you re thinking i got to get out of here. i ll do whatever i can to get out of he
i honor you for that. thank you. those are the vehicles that change lives because the helpless, the men with no arms and legs and women who are blind, this and that, now, have freedom of movement with these high tech chairs and their whole psychology changes, everything changes, general shinseki did not help one iota, did not send a card to independence.org. did not do anything, nothing. he totally ignored this efforts the folks generated. not the v.a., not the federal government, all right? shinseki should have honored independence fund.org, should have made a big deal out of it so that more people would come in he ignored it you shinseki honorable man and served the country well. you are wrong in the sense that he is terrible administrator, he should never have had the position
$5 in a bank account might only buy an extra egg, some rich guy might buy a monet and all things in between. it s not symmetrical. when central banks print money, they don t just put it in your bank account. it goes through the financial system, that s why the banks terres have huge profits. they get it first. it eventually get goo the system. if enough start to spike in price, then psychology changes, so what do you do as a businessman if you think the price of things might go up? buy it today instead of tomorrow. and if you re a producer, farmer in inchoo, what would you do? i would withhold it and try to sell it tomorrow. if more people are buying at the margin and some are holding back. makes the price go up. even more, and then if you have supply constraints or shoc
thank you. those are the vehicles that change lives because the helpless, the men with no arms and legs and women who are blind, this and that, now, have freedom of movement with these high tech chairs and their whole psychology changes, everything changes, general shinseki did not help one iota, did not send a card to independence.org. did not do anything, nothing. he totally ignored this efforts the folks generated. not the v.a., not the federal government, all right? shinseki should have honored independence fund.org, should have made a big deal out of it so that more people would come in he ignored it you shinseki honorable man and served the country well. you are wrong in the sense that he is terrible administrator, he should never have had the position