After jay powell made down beat comments about the economy just as coronavirus cases were spiking in the south and the west today the fed chief once again made it clear that the economy remains weak and were seeing more gigantic coronavirus spikes in the south and west this time the dow surged 527 points as it jumped 1. 90 , nasdaq pole vaulted 1. 57 . How is this possible how is it possible goes down gigantically, same thing, next time goes up two key differences. First the fed is planning to buy individual Corporate Bonds to ensure Companies Stay afloat if we had survival of the f fittest, powell is doing everything to limit carnage, survival of everybody. Second, we had the biggest sales gain in history up 17 in may. That sounds very vish we have a super accommodating fed at the same time were Getting Better data which means the recovery has staying power and almost broke oil company or restaurant chain wants to issue bonds, the fed would probably buy them i know there are a lot of
An officer. He spent one year in iraq as a platoon leader and later a oneyear tour in afghanistan. Nicholas moran is also a graduate of the u. S. Army command and general staff college. Hes been working as San Francisco bays war gaming americas in the house tanker and historian since 2012 and has the nickname of the chiefton. Might want to remember that. His first book on the development of Tank Destroyers is scheduled for release in the first half of 2018. Nick is known for articles and reviews of tanks inside and out. Lots on youtube called inside the chief tans hatch. Or there is there is this video cast on spanns American History tv. Ladies and gentlemen, nicholas moran. [ applause ] thats about as high as it goes. Good evening oh, boy. Todays talk is whitey sherman as it was. Thats not a very good title but it was the best i could come up when i was asked, hey, will you give us a talk. So im going to do the obligatory shoutout. The people who paid for me to come out here. We alrea
Like a market rather than an Amusement Park ride. The dow gaining over 200 points and the nasdaq climbing 1. 6 im calling it a refreshing p e pace the options are hanging in i think because the market already crashed. People dont get it. We went from down 29,000 to down 18,000 in a couple of weeks. February and march were hideous. Its okay april gave us a little bounce package good stocks and the railroads and even a casino. Las vegas sands. I didnt know you could go to one. Next week is a tougher one household names have run up substantially. Its going to be a true test were going to here from nxp semi theyre a chip maker with a window to apple. Listen to what they have to pay. I think they have too much auto exposu exposure, but its worth focusing onto for insight into apple. Pepsico reports on Tuesday Morning. We know cocacola saw adecline on soda post quarter because the restaurants shut down. Even as home consumption was up. Pepsico is more diversitied. They own frito lay, and whe
Shots. May be a catalyst to move the markets. It is thursday, october 10 Worldwide Exchange begins right now. Welcome from wherever in the world you may be watching. Here is how your money in the markets are setting up their day. Theyve paired earlier losses ahead of where they open down 28 points right now that doesnt really tell the story. Just a few hours ago, not the case a match of new headlines that changes dramatically. Look at this, headlines for the cost, big drop it looked like we were on our way. Then we started to get more clarity. So basically the novel all summer in a day we saw futures fall and come back in the course of three hours last night. Thats why youve got to watch cnbc or use the app all day long we are down around 28 points right now. 10year at 1. 58 there you go the headlines, they didnt impact asia that much. The nikkei inching two days up, one day down lagging in a lot of the markets. Starting to show another sign of life saw shares in hong kong rise not a h
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