Once again the Korean Peninsula is on the edge north korea says it will send troops to the demilitarized border and resume military drills after it blew a hole Liaison Office meant to facilitate talks just how bad is it this time and can the tension be contained this is inside story. Hello im come all sons of maria it was just 2 years ago when the leaders of north korea and south korea agreed to work towards peace they signed a pact to stop cross border hostilities and for once there was hope for reconciliation but now that hope its hard to find young yangs threaten to redeploy troops near the demilitarized border it also destroyed a Liaison Office meant to facilitate dialogue because it says south korea allowed north korean defectors to drop government leaflets into its territory the government insult and eyes that and says it will no longer tolerate north koreas behavior at the moment its a lot of woods but could words turn into actions more with our panel in a moment after this repo
Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thought. And this became a big risk. And with positioning extended the way it was, it was just the perfect rest recipe e for a selloff. Jack any idea why we had that nice bounce on friday . It was oversold going into friday morning . I think thats a big part of it. There really wasnt any news out there to make it go one way or the other. One of the things that might have been overlooked in the selloff
Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thought. And this became a big risk. And with positioning extended the way it was, it was just the perfect rest recipe e for a selloff. Jack any idea why we had that nice bounce on friday . It was oversold going into friday morning . I think thats a big part of it. There really wasnt any news out there to make it go one way or the other. One of the things that might have been overlooked in the selloff
Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thought. And this became a big risk. And with positioning extended the way it was, it was just the perfect rest recipe e for a selloff. Jack any idea why we had that nice bounce on friday . It was oversold going into friday morning . I think thats a big part of it. There really wasnt any news out there to make it go one way or the other. One of the things that might have been overlooked in the selloff
Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thought. And this became a big risk. And with positioning extended the way it was, it was just the perfect rest recipe e for a selloff. Jack any idea why we had that nice bounce on friday . It was oversold going into friday morning . I think thats a big part of it. There really wasnt any news out there to make it go one way or the other. One of the things that might have been overlooked in the selloff