Territory and the s p down 6 points at 1656, mandy. Lets talk more about the markets. Joining us now is our guest panel. Rick santelli who loves to jump in on every single topic. Lets start with you. Youre the lucky one next to me, right . Yes. The private bank. Yes. What are you saying to the private bank clients right now about the markets . Well, actually, we still like equities. We still think that the market is fairly priced. Its not cheap like it was a number of months. Valuations are reasonable. We think on a relative basis after the pullback over the course of august things have come back to what you think is a fair price . Off 3 , 3. 5 from the highs. Even after june after the initial taper conversation, we were down about 9 . Theres still actually relative to fixed income, relative to cash, closer to asset classes, we think a reasonable place to put money to work although volatility picks up in the fall with september and the news stories, the fed meeting. The german election
Happens. Nasdaqs down 30 points. S p down 5. 5. An ugly month for stocks as the threat of military action in syria hangs over the nation and this market, bob pisani. What was interesting, i think we should put up president obamas key statement here today because the president and secretary of state john kerry also spoke today. President obama came out and said, we have not made a final decision on actions that will be taken. Thats the key point here. He also made it clear that it will not involve any action taken will not involve any boots on the ground. I think thats the major headline youll see in the newspaper tomorrow. When secretary kerry started speaking around 1 00, a speech very aggressive and very restrained at the same time, markets fluttered around, drooped going to the close and then rally just in the last few seconds. Take a look at the markets intraday here. I would say concern but no panic that was going on today. Importantly, we generally had very low volume once again.
A recap of the days news. Hello. This is Ron Stallworth calling. Who am i speaking with . David duke. Grand wizard of the ku klux klan, that david duke . Last time i checked. What can i do for you . Well, since you hate plans, i hate to allow you to go down and anyone else who Doesnt Have Pure White Arianne blood. Talking about pure white american. God bless america. Lets talk about it. I dont want to give way to the ending. This is true. Yes. People are sitting in the theater like, ah, i cant believe this necessarily happened. Im like, yes, this is nearly happening and still happening today so i hope this film to
which wakeup, not all of them, going back to school days came out in 88. Theres a lot of time but not for american. I dont know when it will be and also like that that whats happened the last 18 months, a few registered the vote. Midterm election. I dmoent whats going to make you want to vote. This is evidence what happens when you dont show up. I know theres others. I know t
Offardmore, oklahoma. A truck crossed a median into on coming traffic and collided with a bus carrying members of the North Central Texas College softball team. The womens team of 20 is made up of freshmen and sophomores. Nearly all of them from texas. The National Transportation safety board is launching an investigation into the crash. We are awaiting a statement from North Central texas state college. It is the news belonging to Chelsea Clinton and her husband. At 12 32 a. M. Mrs. Clinton announced the news via twitter. Mark and i are full of love and gratitude as we celebrate the birth of our daughter. Congratulations to all of you here. We turn to the latest news on the u. S. Led war on islamic state. Belgium, uk and denmark voted to join. During which president obama sought to rally more International Support for the war. The president framed the war as part of the strategy to utimately end all war but a lasting peace can only be achieved the president said if many nations stand
Cnn newsroom. Well, the American Public will soon get to hear directly from the woman accusing Brett Kavanaugh of Sexual Assault more than three decades ago. The u. S. Supreme Court Nominee and Christine Blaise ford will testify before a Senate Committee monday. Ford says back in high school a drunken kavanaugh held her down and tried to take off her clothes. Kavanaugh denies the allegation. President trump is coming to kavanaughs defense. On monday he called the judge one of the finest people hes ever known, but he said he is open to a delay in order to keep the process going and eventually getting kavanaugh confirmed. Well, democrats are calling for a more thorough investigation of fords claims. Cnns Jessica Snider reports. Reporter Brett Kavanaugh stepped into the White House Monday morning amid a swirl of uncertainty. Kavanaugh offering to tell lawmakers his side of the story as his accuser, Christine Blaise ford says shell testify too. Kavanaugh released this statement. This is a