It seems that way with the s p climbing 1. 1 and the s p 1. 8 and today for once seemed rooted in something very positive. The end of the greek disaster scenario took it off the table and there were plenty of people who believed that if greece broke with the euro there would be pure chaos in the financial world, dominos and those investors are now off the sidelines buying or recovering their short positions meaning buying back what they bet against because you most leakly arent going to see drachmas any time soon. The woman who ran the show the whole time german chancellor Angela Merkel closed this morning at 3 00 a. M. And lets just say the greeks blew it. They went for broke and got a terrible deal because in the end they wanted to be in the euro more than the germans wanted them in the euro. The germans were willing to throw them over. I think the europeans threw in the plan because they wanted to force them to vote yes. Maybe theyll see Leftwing Party propaganda that the deal wont
Once they walk in the door, drink from the fire hose. Whether democrat or republican really doesnt make much differ. 45 trillion Dollar Agency to run and a lot going on. Big issue of repeal and replace, what do we do, nothing like that i saw in aviator 2001 one of the top National Issues. Im not sure where they are going with it but secretary price who i have known for years, these guys have, too, new administrator going to be they are way ahead of the game. What are they talking about now, my experience 88 transition a long time ago. Im actually 106 years old. We didnt do anything. We got people confirmed. Nobody sat around anderson talked about health care policies. I talked to Tommy Thompson, president bush, wanted to do it, privatizing medicare, medicaid in may. Gave a list of things to do, changed the name of the agency just to make people mad. Through part d maybe in may. December ive never seen anything like this. This is way out of the normal time schedule in my experience. Do
Im brian sullivan. It does remain an uneasy market. Investors a wee bit nervous ahead of next weeks fed meeting. Next wednesday is when we get the rate decision. The dow a little change, slightly higher today. Not bad. Oil, though, sliding again, inventories once again a concern. All the major oil stocks are lower today. Melissa . Im melissa lee. Heres whats happening at this hour. Heather brash will appear before the House Oversight committee next week to discuss the price of the epipen auto injector. It expects to complete the takeover of monsanto by the end of next year and roughly 6 Million People from florida to georgia are under a Flash Flood Watch as Tropical Storm julia moves up the east coast. Welcome to power lunch. Im michelle carusocabrera. Dangerous, risky, bubble, some of the biggest names in the financial world weighing in at yesterdays delivering alpha conference saying storm clouds on the horizon for global markets. Storm may already be here. You can look at the enviro
The etf line after bringing it down like 50 . It was a tough quarter. The session, the stock 600 quarter as the kissed the threemonth high. 18 out of the 19 Industry Groups eighth largest drop in the dow in the green in europe. In history, it took a lot of futures are in positive territory in the u. S. Green, leading the people by surprise. You would think wall street gains in the Commodity Markets. Traders might pick up on this somehow or beeper aired. Number fallings thats what you are seeing in 60 on sunday. Numbers across the board the labor strike put at the fore especially on trading. Morgan stanley and Goldman Sachs dont have other sources of in crude, with a headline coming revenue to help them out in situations like this. Out of sundays meeting. You see the riskon in the fx market sql in the fx market Goldman Sachs always had a reputation for being smarter than everyone else and being better traders. I am curious to see whether in as well. The trading businesses, they were abl