Dow only gaining 69 points, s p climbing. 35 . You got to wonder if the buyers are simply stooges are they ignoring headlines like fallout deep yeps for u. S. Strike that was from the wall street journal. And these headlines were as wide as you can get have we forgotten that iran vowed to get revenge for the assassination of its mastermind, general Qassem Soleimani are we whistling past the graveyard of their inevitable retaliation . It sure feels that way just a short 12 hours ago, the s p were looking down 1 news on the trumps adtrati administration 200 point dow jones deficit. What a comeback. So whats going on here . All right, look, im willing to suspend my belief that perhaps the markets wrong and give you some ideas because there could be many different forces at work first, investors have learned that these kinds of events tend to be buying opportunities since President Trump took office weve actually had three conflictrelated selloffs while they may have seen disturbing at the
Horrible overnight we dont suddenly doubt the entire edifice of a strong consumer only, only on halloween would anyone accept a trick that were about to go into recession because of weak numbers and more negative trade talk rather than the treat of good earnings and low Interest Rates on days like today when we get some soft manufacturing data, we do believe the worst is yet to come, something that may be exacerbated by the trade stalemate. The nasdaq was down 0. 14 . At one point the market was down far more than that i think its a big mistake to panic here and not just because no one ever made a dime panicking. See, the truth is nothing we heard today should come as much of a surprise to you if youre a watcher of the show. Thats because for months ive been telling you that we have two economies in this country. There is the consumer economy, which is red hot, as well hear later in the show when we talk to a couple of companies, and then the industrial economy which is weak and in man
Reveal racially insensitive marks remarks. Tonight we will explain the common link in the cases. But 1st the troubling suggestion that was made during meetings of leaders. Multiple sources confirmed they were present when the acting assistant chief David Downing used racially insensitive language when referring how to handle protesters in oakland. My sources tell me this happened over one year ago when down ewing downing was a deputy chief. They were in a meeting when he heard downing advocate for using water canyons for protesters. Another source told me they were with downing at a different meeting and the deputy chief suggested using water hoses against protesters. In fact sources tell me in one of these meetings an assistant to the federal monitor overseeing the department was present and taking out. This comes after the subject of racist text at opd were made public by the mayor last friday. The racist Text Messages, we think its relevant to share at the messages were sent by afri
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