We didnt see many of them at all today. Dow gaining 27 points, nasdaq climbing. 36 . You need to understand how extraordinary this whole rally is. Were seeing wholesale reevaluations of what the market will pay for Companies Future earnings. Its remarkable because typically you need something to happen to trigger this kind of euphoric buying behavior. But nothings happened to justify paying higher prices for the same earnings estimate. This is all about an animal spirited bull market that i have to admit seems to know no bounds. Think about it. Think about the absence of catalysts. Start with the Federal Reserve. What did the Federal Reserve do to inspire this market . Actually, nothing. Federal reserve did nothing at all. It merely stayed the course. It said it would be patient. Yet everyone told me wow, thats it. All it did was do what it always does. How about oil . All it did this week was nothing, meandering around the 50s. Earnings have been done. Some good ones, red hat, the ope
Once they get into the system they are happy with the service. Can you speak to the article that is just coming out today and whether or not you would be willing to do an oped piece because i think its important that veterans are not we are definitely headed in the right direction. Yes maam. I actually met with the comptroller general and we were talking about whether or not he should put va on the highrisk list. I encouraged him to and the reason i did that as we are a Health Care System and we are going through a large amount of change right now. During that time and the Organization Goes through a large amount of change we need to make sure that we have the appropriate oversight, the leadership as well as those responsible for it so while i think the va system is absolutely essential to american medicine we trained 70 of u. S. Doctors. We have developed innovations that are critical for american medicine, the first liver transplant, the first implantable pacemaker, nicotine patch an
Last summer he was called to remove dr. Kent brantly back to the United States for treatment. Dr. Walters said the first thing he did was to google dr. Brantly. Little plug for google there. I know we got some [ laughter ] and the first pickture he saw was of kent and his family. Now remember, the decision to move kent back to the United States was controversial. Some worried about bringing the disease to our shores. But what folks like william knew was that we had to make the decisions based not on fear, but on science, and he knew that we needed to take care of our heroes, who had sacrificed so much to save the lives of others in order for us to continue to get people to make that kind of commitment. They had to know we had their backs in order for us to effectively respond, and so as williams said, we do the work we do to impact something bigger than ourselves. We do the work we do to impact something bigger than ourselves. Thats the test of american leadership. We have this extraor
Warning emerging markets need to prepare for capital flight if investors are surprised by the timing or pace of changes. Even if this process is wellmanaged, the likely volatility could give rise to potential stability risk. And echoing her warning, a Hedge Fund Billionaire says the Federal Reserve could calluse a 1937 style shock and slide. Hes steering clear of big bets on the Financial Markets because they could be unseen consequence of changes to the fed policy. The new manager of the funds at pimco seeing a bigger return than his boss. Right to the breaking news desk where scarlet fu is looking at the action. Scarlet another triple digit move. Breaking news from the cme. It is in talks to pursue gfi Technology Assets after losing a takeover battle. If you look at the screen behind me this is gfi groups shares right now. There is a pop on the headline. It is still up 1. 5 percent from the session. As for the broader market, u. S. Stocks are lower but they basically have a raised a
Make them more of a target. So they switched to khaki. The french by comparison still wore blue coats and bright red trousers. The french minister of war saw an advantage of being slightly less visible on the battlefield and sought to institute the same reform that the british had taken on, but a general way to describe the debate would be to say that the french have always held a high regard for fashion. So, taking away would be, as a parisian newspaper wrote contrary to french taste and military function and of course they put taste before function. What a former general got former general even talk to a parliamentary hearing one former general even took to a parliamentary hearing, screaming to ministers that they would never eliminate our red trousers. Well, later on, after a bloody conflict, the french minister of war wrote that the blind and imbecile attachment to the most visible of all colors was to have cool consequences. Will consequences. Cruel consequences. So far weve been