Up 160 on the march lows. This is the Worlds Largest company. That is the degree of animal spirit being stirred around apple, tesla, all of these big tech names. You can actually make the case, as painful as it is for those long stocks, it is healthy. It is also painful for the major averages because of the weighting of some of the big stocks, about 25 going to the make a cap, 40 for the nasdaq 100. A bit healthy because of the degree of the buying power off of those march lows. David fair enough. Everything you said makes perfect sense. There has been a fair amount of top recently about our wiener version of 2000 . How will you be able to tell about our version of 2000. Notail unfortunately do the true correction and bear market until it happens. They say it start slowly and happens all of a sudden. Relative to 2000, you can make the case it is similar the trued bear market until it happens. To 2000 because it is a parabolic uptrend. That does have to reverse. 9090 degrees does not ho
In devastating wildfires. About 1,000 remain unaccounted for. Damage to Communication Lines is making it difficult to locate people. Large parts of maui have been totally devastated. Have a look at these Drone Pictures from the historic coastal town of la haina. Burnt out wreckage of so many homes there. The governor of hawaii, josh green, estimated that 80 of the town was gone in what he said was probably the us states largest ever natural disaster. Some properties have been left untouched by the flames whilst others just metres away have been completely destroyed. Local people have been left sifting though the debris. They say there were no warning sirens to alert them as the flames moved towards their homes. Authorities say, it will take many years and billions of dollars to repair the damage. This map gives you a better idea of where the fires have ripped through over the last few days. They are marked in orange. As we have said lahaina was worst hit with that Satellite Image on th
Let me bring in my colleague from washington, correspondent mike viqueira. In some ways we knew this was coming. Were still not exactly sure what it means, though. Just yesterday actually two days ago now, im losing my days here. At the unga, Vladimir Putin kind of tipped his hand a little bit that he might escalate in syria, but there has been troop build up there and equipment build up of about 30 days. Off to the sidelines barack obama and Vladimir Putin met, speaking about what should happen about this escalation. Pick it up from there. Youre absolutely right. No one is surprised that russia has engaged in these airstrikes. The question is how theyve been about it, why theyve gone about it, and who these airstrikes are targeting. Russia gave the United States one hour notice saying were going to be starting these airstrikes. The second problem, who are they hitting. The u. S. Coalition has flown hundreds of mission but targeting only isil forces. President putin while in new york i
Paul. And that is on the Violent Crime side, we tend to have a lower crime rate than a lot of other states while at the same time keeping our incarceration rate lower by using more probation and using more treatment options. So thats why im a fan of the work thats been done here. And my first question is really along those lines of drug courts. Ive led some. Efforts here on drug courts and getting funding for drug courts carrying on the work of many that came before me, including ted kennedy and jim ram stead over on the house side. When we look at what this bill might save, we know that drug courts save money. And we know that getting some of the nonviolent offenders out of the prisons will save money or reducing their sentences. Do you think we could use some of this money to pay for things like drug courts ms. Yates, do you think that will be helpful as we look at how we are going to make up for the fact that we are going to be bringing people out of prison. But they not only need R
I would point out that in a number of these states, for example, georgia North Carolina experienced after the implementation of their Reentry Program something modelled after the corrections act, they saw a 19. 3 reduction in recidivism. Other states, 10 in georgia, 9. 4 , right right. I think rather than take this as a matter of faith or perhaps expressing our hopes and best wishes, we actually have some real results we can point to that demonstrate the workability of some of these programs. I dont think theres as much disagreement as it may look at first. For the people who will revus to avail themselves of the opportunity to get an education, deal with their drug and alcohol problem and the like, incarceration undoubtedly works. But for those people who will come out, it strikes me as just common sense to try to help equip them so they can cope with a productive life as opposed to being in the turnstyle and going back and forth. I appreciate the important contribution that your orga