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Transcripts For KQEH Nightly Business Report 20140611

Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem

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Transcripts For CSPAN2 Book TV 20130728

That repaired and then pick up electric motors and take them back to their place i worked. We repair them and then take them back. And so, i did go into the places. And they were so vast and intimidating. But even little machines like this can stick it to you. The interesting thing about what happened at the decision where there were going to be rubber plants and glass factories the distil making we are back. The making of the ford motor was actually sold to the russian steelmaker and so it was actually the russians who gave me permission to go in to the fort. But they already abandoned it. They bought a big part of the factory with the furnaces where it comes in and the unloading of the boat. I actually had a Company Owned by the russian firm. So we are back. So this is just an example of the glory of the architecture of detroit and you can even see theres a beautiful painted matte down below on the vaulted ceiling and it is actually one of the few buildings in detroit, downtown detro

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Another vestige of Carlson travel empire sold: CWT to Amex spinoff for $570M

Another vestige of Carlson travel empire sold: CWT to Amex spinoff for $570M
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How Free Markets Enhance Freedom of Choice

How Free Markets Enhance Freedom of Choice
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