Thats called economics but these other patterns, the season ones they just dont hold up under any scrutiny. For example i heard today this very morning that february can be a cruel month based on a bunch of bad februaries. Today dr. Stanley fisher spoke at the counsel while he was s certainly more dovish than hes been emphasizing data dependence and not the need for rate hikes he didnt take the rate hikes off the table but had he done so, we did a rate hike. We should wait a considerable period until we do another because of the worldwide turmoil since the last hike and then the averages would have roared higher today even as the softer comments i would contend did provoke a rally. Does that mean if today would have been good we would have been in good shape for the rest of the month . Does that mean that we would call into question as january goes so goes the year. That would be nice january wise and however the answer is no this is a tale told by an idiot. Signifying nothing. So why
Technicals, right . So to speak because they show some patterns that you can try to make money from. We accept the fact that if a company has a pattern of missingng its quarters then we shouldnt touch it until that pattern comes to an end. We totally buy into the notion that the economy tends to slow when the fed raises rates. Thats a pattern you see time and again. Thats called economics but these other patterns, the season ones they just dont hold up under any scrutiny. For example i heard today this very morning that february can be a cruel month based on a bunch of bad februaries. Today dr. Stanley fisher spoke at the counsel while he was s certainly more dovish than hes been emphasizing data dependence and not the need for rate hikes he didnt take the rate hikes off the table but had he done so, we did a rate hike. We should wait a considerable period until we do another because of the worldwide turmoil since the last hike and then the averages would have roared higher today even
Sales numbers come in much weaker than expected. Bellwether macys cut the forecast. Will retailers start slashing prices to get you in the door . Football season is coming up. Fantasy football will cost employers billions of dollars in lost productivity. But there is some good news too. Well explain that. The new threat emerging that is having a serious impact on folks Financial Health in retirement. The willis report where consumers are our business starts right now. We begin with the flight of comcast customers. This latest video with comcast forgetting about customer all together. Ive been on hold with comcast for 3 hours and 20 minutes. Watch what happens when i call another phone to that number . Im sorry, but our offices are now closed. Our regular Business Hours are weekdays from 8 00 a. M. , to 9 00 p. M. And saturday that is how long ive been on hold and theyre closed. If youre going to use any. Im pissed. Nicole rightfully so. Imagine you are on hold for over three hours and
We are pushing 109 per barrel. We are doing that right now again. Much more what has been happening to commodities later on in the show. We are also watching this stock for you, jcpenney showing signs of life at the retail chain and activist saw them several ties after selling 20 million shares. He lost almost 500 million, but he is out again with the stock. Now the stock is actually down. Down more than 1 . You can see the volatility on the screen for jcpenney. Now for the very latest developments on that crisis in syria what the United States might be planning. In jerusalem. What are your sources telling you about a possible u. S. Strike and reaction to all of this . One of the best indications were getting in terms of when or how u. S. Strike me, is from the israelis. They have with their forces on high alert, Intelligence Service on high alert and their pilots on high alert respond to things as they develop. The fed chief has said forces are ready, the matter of receiving a go orde
We have so much legally to break down. Right on time. Lets get to the news. The federal bean counters at the Congressional Budget Office are set to tell us how much the gops Healthcare Plan will cost. Exactly how many people it will cover in the democrats already warning that millions of people will be cast off their Healthcare Plan. But republicans are down playing the significance of what the cbo may find. Saying its gotten things wrong before. The cbo was right about obamacare to begin with. There will be eight Million People on obama kai. I love the folks at the cbo. One thing im certain will happen. Cbo will say, not as many people will get covered. This isnt a government mandate. This is no the what the government makes you buy what you think to buy. One of the founders of the conservative House Freedom caucus is still on board with the gop replacement plan. Bottom line if this is the plan that you have to vote on on the house floor, where will you vote . I dont plan voting for t