A short squeeze on the dollar in this way but you know rick is probably correct and you know the its just a corpse basically and they they cant keep it animated weve had so much money printing we have negative rates we have all these things to keep the system alive and most people feel like really great about the economy jobs are booming wages are rising house prices are booming everything is ok we also felt like that in 20062007 when we were reporting in the Financial News at that time we did you know i remember you going on france 24 when in january of 2007 there was a flash crash in the chinese stock markets it went down Something Like 1520 percent in one day and everybody around the world including wall street they were all like what is going on so they were like crazy movements leading up to the financial crash of 2008 and. This is before they begin to paper over really violence will he and aggressively but so here were looking at. Similar movements this could be something or it c
Is continuing to collapse and on the surface this is not reported because its too hard to speak of the fact they credit markets reach such a state of disrepair disrepair that its. Causing a run on the dollar and a short squeeze on the dollar in this way but you know rick is probably correct and you know the its just a corpse basically and they they cant keep it animated weve had so much money printing we have negative rates we have all these things to keep the system alive and most people feel like really great about the economy jobs are booming wages are rising house prices are booming everything is ok we also felt like that in 20062007 when we were reporting in the Financial News at that time we did you know i remember you going on france 24 when enjoy. A new wave of 2007 there was a flash crash in the chinese stock market so went down Something Like 1520 percent in one day and everybody around the world including wall street they were all like what is going on so there were like cra
The market rewinding as the fed rate cut hopes are dampened. Wall street is getting more bearish as Morgan Stanley says to sell stocks now euro banks are in turmoil as Deutsche Bank takes measures to restructure. Did it come too far too fast, and are we about to see a stock rewind guy . Number one karens back, youre everybodys back now gangs all here all here. And the matching outfit matchymatchy cute. Whats wrong, dan i havent seen you in a month and youre already discounting me no, im loving the Syracuse Orange way to represent, people listen, i think stocks have gone too far, too fast, absolutely i thought that, you know, probably 250, 200 dow points ago, maybe 75 s p handles to go. With that said, you know, the Morgan Stanley, thrive beentive. I think theyre going to be right. The thing on the list that concerns me the most believe it or not is Deutsche Bank and european banks in general. I do think the markets banking way too much on the Federal Reserve that is now people think th
Maria rally name tax overhaul closing that yet another record high yesterday. That is the 64th record this year. Feature showing a mixed opening this morning. Dow industrials up 25 points but the s p and nasdaq are lower. Much of the rally yesterday have been really the first. We have been up 200 points this session. Close up, but not as much big markets are lower. Flat on the session, the cac down two thirds of a percent as of the dx in germany. Markets are mostly lower the exception of korea up a third of a percent. Hong kong, hang seng up to 1 . The Supreme Court President Trump justices will love the white house to fully enforce the ban on the travel to the United States the United States for six mostly muslim countries now. We break that down coming out. California residents on alert this morning. Details of a Massive Wildfire north of los angeles explodes overnight. All the details. Terrifying moments, Pittsburgh Steelers linebacker taken to the hospital following a scary collisi
Shanghai composite was down by three quarters of a percentage point. In europe, some early trading there, at this hour the bulls have their way the dax is up by 0. 6 . The cac is up almost by 1 the ftse up by 0. 4 . If you look at crude oil prices, crude was up yesterday settled above 46, this morning at 45. 87 big developing story. Londons fire commissioner says theres been a flub of fatalities in a fire that broke out overnight in a high rise apartment. Fire fighters still working to put out that blaze which quickly engulfed the 27Story Building in london. Londons mayor says question also have to be answered over the safety of those towers some residents in the building say they had been advised to stay inside in the event of a fire in another part of the building so no smoke alarms or sprinkler systems set up the fire took place on the fourth floor and spread rapidly. Someone wanted to close it down years ago this building yeah. I immediately its a fire at this point with everything