Mohammed eleran. This economy has a 50 50 chance and well likely to have another financial disruption in this market. Looking forward to that. Bill clinton and Lloyd Blankfein, a dark alley where someone gets their throat slit and one paragraph in Tim Geithners new book in the financial crisis. Our Andrew Ross Sorkin spoke with the former treasury secretary. More on what bill clinton told tim geithner when the world was on the precipice back then. Andrew will join us next hour to talk about that, so were looking forward to that. Where we stand an hour to go into the close, a little bit of Different Directions here. Depends what happens with the s p the dow is up about 12 points and the nasdaq is also higher today, and notably we should add that its been leading the market downward the last couple of sessions and s p 500 sitting on the flat line at 1875. Lets talk about it with our closing bell exchange, quincy cross by and ken mahoney and eric from russell investments, ron mullencamp a
Our elected leaders jo to be immune of the inside the beltway wars . And how much of a weakness weve seen, including today . Its breakdown day. Dropped. Nasdaq, replaced at the feet of the bears in the white house in the gavel. First, lets establish whats happening. We know the fed lowered the boom on the short sellers telling them to be careful because bernanke is still a lover of bonds. If you were selling bonds. Short. Expect them to go lower. Many work. You have the mean whama jama upside the head. A technical term. Theres one problem. This market thinks see xentially and obsesses about the next big, bad event right after the one has been solved. So we obsessed about the fed. It occurred. Like it never happened. Even though it was a positive. Why . Because weve been obsessed about the next series. The budget wrangling. Obsessed about the debt ceiling, Affordable Care act. Whats secrets they come up for us down there in the capitol. I remember when asked if i were bullish going into
Is it possible to ensure yourself against the insanity of our elected leaders jo to be immune of the inside the beltway wars . And how much of a weakness weve seen, including today . Its breakdown day. Dropped. Nasdaq, replaced at the feet of the bears in the white house in the gavel. First, lets establish whats happening. We know the fed lowered the boom on the short sellers telling them to be careful because bernanke is still a lover of bonds. If you were selling bonds. Short. Expect them to go lower. Many work. You have the mean whama jama upside the head. A technical term. Theres one problem. This market thinks see xentially and obsesses about the next big, bad event right after the one has been solved. So we obsessed about the fed. It occurred. Like it never happened. Even though it was a positive. Why . Because weve been obsessed about the next series. The budget wrangling. Obsessed about the debt ceiling, Affordable Care act. Whats secrets they come up for us down there in the c