Again today. Right now it is a positive day for the dow. Up 400, following the biggest decline for stocks since the great crash of 1987. The russell has gone negative. Josh brown, its been one heck of a week. What are you thinking about today after weve given, you know we gave up almost all of the 1,000 point bump were still hanging on to a few hundred. So couple things. One of the points ive been trying to make on the show recently is that security selection is not going to be the answer to how much pain you are going take in a moment like this and that was proven this week. The xlu, which is the utility sector, which normally in any Market Correction is not going to be disastrous, was absolutely disastrous im not even giving you the draw down from the peek im just going tell you this week the xlu is down 19 there really has been nothing save and yesterday of course, historic day at 3 30 there was ant single green s p 500 stock. Security and selection has not mattered i come back to o
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At the end of this month, world leaders will converge in Dubai for this year’s U.N. climate talks, COP 28. “COP” stands for “conference of parties”—meaning countries who are signatories to the U.N. Framework Convention on Climate Change. Delegates from those countries are ostensibly the only people allowed to actually make decisions there. But as new research shows, that isn’t really how it works.Since COP9, held in 2003, the UNFCCC has granted 945 badges to fossil fuel representatives who discl