And thank you for sticking with us as we come out here every night for you. The New York Stock Exchange and the nasdaq might as well relocate to beijing. Thats what i feel. After this week, at least that way the action could make some sense. And then i could come up with a better game plan. Let me think about it. Once again, to bes struggled. Dow 43 points lower. Nasdaq climbed. 35 . Why . Here we go again. Tensions in ukraine and economic weakness in china. We cant seem to get beyond these, believe me, for those that own a lot of industrials, oils or banks, it was plain brutal. An entirely miserable week so what thing do we have to look forward to next week . Lets start with russia vs. Ukraine. Forget a vote that allows crimea to succeed from ukraine and go with russia. We know from statements made earlier this week that secretary of state kerry will have to live to up to his obligation and take action meant to reverse the situation. Teach the kremlin a lesson. Well, i dont care about
The New York Stock Exchange and the nasdaq might as well relocate to beijing. Thats what i feel. After this week, at least that way the action could make some sense. And then i could come up with a better game plan. Let me think about it. Once again, stocks struggled t. Dow 43 points lower. Nasdaq climbed. 35 . Why . Here we go again. Tensions in ukraine and economic weak ness in china. We cant seem to get beyond these, believe me, for those that own a lot of oils of banks, it was plain brutal. An entirely miserable week so what thing do we have to look forward to next week . Lets start with russia vs. Ukraine. We allow crimea to succeed from you crane and go with russia. We know from statements made earlier this week that secretary of state kerry will have to live to up to his obligation and take action meant to reverse the situation. Teach the kremlin a lesson. I dont care about becoming a lesson we dont know what it could be, which is the proximate cause of this weeks weakness, howe
Nothing like a subtle winner duking it out against a loser. Stocks dont fight each other. But on days like today with the dow sank 130 points, s p tumbled and then the nasdaq, wow, 1. 38 , the clash is so obvious we cant resit resist visiting the battlefield. So who is getting the spoils and whos getting vaporized . While almost all stocks ended down today, you have to think about relative winners and losers and that means you want to continue to bet on the major cord, to bet on value, not growth, as growth just got pulverized. Well value held its own and outperformed the benchmarks that a what Money Managers want. This contest its nothing new. These two cohorts have been going at it all year, but its only recently that the match has become one sided. As the Fastest Growing companies with little or no profit have been crushed. Sell sell sell. Sell sell sell. On both up and down days often. While the most Profitable Enterprises with decent growth, sure, they take lumps on days when the
They are the Cinderella Team this year. You got to bring me one of those tshirts. Please, im begging you. Ill try. Its hard to get your hands on one. Im sure they are. Im Bill Griffith still here at the new york stock exchange. This stock market is also looking for its own cinderella story today, fighting to get back into the green territory. The dow has been on either side today of unchanged. Now down 21 points. Kelly, were going to explore whether this market actually has seen a stealth correction. Were also so focused on the dow and the s p, but is there a whole section of the market thats already seen its own correction . Well look at that coming up here. Now the students here at dayton fired up about basketball. But many are also pretty excited about legg masons bill miller speaking here moments ago. A legendary investor joining us exclusively in a few moments. Well get his take on the momentum stocks getting hit. Plus, his take on citigroup and the financials and more. Always loo
Its not opportunity. It is taxed in america. You have until midnight tonight to file your 2013 tax return. By the end of last week, the irs had received 100 million returns. About 75 of what it expects to receive in total. Abouterage refund so far, 2800. One of the biggest issues plaguing the irs, how do you reform the Corporate Tax structure . This thing is a mess. Trillions of dollars said overseas, away from the irs. Debateder cbo director this very issue on street smart. We have the trifecta and problems. A corporate row gram that hurts our Growth Program that hurts our growth. Its time to look at our competitor nations and realize we are out of step with the 20th 21st century. Others have moved away from taxing worldwide income. Those who have a Company Making money in brazil pays tax in brazil and thats it. In the u. S. , you pay a second layer of tax. Companies dont want to do that. We need to fix that problem quick. Where is the breakdown . We have the highest Corporate Taxes o