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Initiative by the Peterson Institute. Just in time for not just in time for a new u. S. Administration, or a new term of an old administration, depending on what happens. But in time for the stock taking going on in the world, on how to open the world economy, when the u. S. Has behaved as it has for the last four years, but also importantly, when we are all facing the vulnerabilities that came out of the pandemic. Before introducing my colleagues who will be speaking about memos to the white house, National Economic council, the c. E. A. council of economic advisors , the office of manufacturing and trade policy about industrial policy and the u. S. China , strategic dialogue, let me say a couple of words about the rebuilding project. We are very excited about this. It is open to everyone, in the sense that we wish to engage. In all of our and all of our publications ....
Opened up 250 points. Its not that i want stocks to go lower. You know that. I just hate it when people buy stocks up huge and then get picked off by a gigantic move that should never have occurred. As the average gave up almost all of their gains, closing up 33 points. The s p climbing 3. 2 . Nasdaq advancing just 0. 62 . The severe retreat made much more sense to me than the up opening because it was based on nothing that has happened here. And therefore zero staying power during the day. I get upset when i see that were taking our cue from the chinese stock market. And when they rally, we open higher . Well, the sellers come in knowing they have been given a gift, the gift of higher prices for all stocks. A gift that is frankly undeserved. The only difference this time we had to be wear of chinese bearing gifts, not just the grifts. Its this infuriating setup with the dollar and Interest Rates were going higher. We know that th ....
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