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CNBC Squawk On The Street August 22, 2017

Oil inventories tonight. The market, futures higher as stocks break their losing streak glimmers of a plan macys adds a Top Executive and announces a further restructuring, how the new ceo is talking about those changes. Forecast in decline in teen anl u usage. Stocks are poised to open higher playing a big role politico, jim, says the big six as they call them, has a lot more than they had in july when it was just six paragraphs. I thought mcconnell saying there is going to be a debt ceiling not an issue was really important. And i think that can be an underpinning for a potential rally, given the fact that until he said that, i think that it was just well cast there may be organizational principles here. Im not saying that i think anything can get done necessarily on taxes im also saying were not going to suffer from a debt downgrader. You believe mcconnell i do. I think mcconnell is trustworthy on this issue. I really do. I know ....

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CNBC Mad Money August 22, 2017

Hard selloff is this advance meaningless as the recent decline look, i want to say it had more substance given its magnitude, the dow gaining 196 points nasdaq vaulting 1. 36 . But we are in a totally erratic moment in a totally erratic month where i believe one day never seems to beget the next. But that doesnt mean we cant ponder why we went up to measure the meaning of this rally. I came up with 12 reasons why it happened, and some of these reasons have enough staying power to keep the advance alive. Lets start with copper. Thats right copper is breaking out to a threeyear high. This means something because its used to build things. It means weve got a stronger Global Economic growth spurt than people are talking about. A necessary ingredient for any sustained advance. Thats why the stock of free port has been the Market Leader. Largest
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