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After a hideous day like today where the dow plunged 923 points and s p plunged and the nasdaq down 3. 73 would it be liberating to dump the shot shoot match and cash in your ira and take out your 401k and sell funds to preserve some cash perfectly sensible emotion sure, thats the problem emotions whether trading or investing, you cant make decisions based on your feud you want to vanish the pain, i totally get that you are probably making a mistake. Look at the tsunami of selling that we have today i may tell you to stand there and let the wave crushes you, i am simply telling you not to panic. I know from experience and i have been doing this for 40 years and i am not a calm guy. Every time i panic, it costs me money. In four decades, i can remember one moment when panic was a strategy thats why in the fall of 2008 i made a rare sale everything call at the time it was collapsing. The incredible call to get back into the stock market. 2020 is not 2008 we got a run away pandemic and ho ....
That really has been down to currencies. The dollar index is up at the moment, but if you look at it over 24 hours, actually, its down by. 3 ,. 4 percent. One of the main beneficiaries of crown weakness has been strength. Sterling has been propelled about 1. 5 in the last day or thereabouts. The dollar weakness has been felt with the yen also moving to the upside. Theres another reason we are seeing upside on equities in japan. Gold not a major beneficiary, though it was at oneweek highs at one stage after the dollar was sagging earlier on. Thats a look at markets. Lets head over to tom. Tom lets get you up to speed with some of the other first word headlines. The Trump Administration is ramping up tensions with china once again, designating six asnland Media Outlets foreign which it says are controlled by beijing. They include the economic daily, which provides a look a ....
Return. Cellent huge samestore sales beat at home depot. Now walmart out with a digital 97 at theirup online stores. Granted, it is a different a different mix than home depot. A stunning statement from the traditional of england, where i believe one and in will be shown the door. Anna they are hoping to do this through voluntary redundancies and retirements and the like, but they got to get to that number. Food was a bright spot at marks spencers. Obviously, the online shift on all of these retailers has structurally been dealing with prepandemic comes with costs as well for retailers. They need to reposition their businesses for a new world. Tom it is a really complex tuesday here on our simulcast. We welcome all of you on Bloomberg Radio and Bloomberg Television. Futures up eight. The vix is a stunning 21. 22. Unimaginable weeks and months ago. Really noting dollar ....
Artificial intelligence are transforming our society more changes are coming i hope that all of them are positive. The support. Right now professor vasta is on his way to the Research CentersBerlin Office hes going to host an open house event there today. They didnt drop the ball star has spent decades studying Artificial Intelligence or for short i involves computers that can understand human language machines that can learn and the Factory Technology of the future. If you tell a couple of our senses like these can help track to drivers with the harvest. Smog systems allow paramedics to practice emergency procedures. And specially designed walkers can help elderly people stay on their feet i hope i see. Its to be everywhere but i still feel we need t ....
Right now professor vasta is on his way to the Research CentersBerlin Office hes going to host an open house event here today. To interact it sounds to has spent decades studying Artificial Intelligence or for short ai involves computers that can understand human language machines that can learn and the Factory Technology of the future. To get taluk up over senses like these can help track to drive as with the harvest. Smart systems allow paramedics to practice emergency procedures. And specially designed walkers can help elderly people stay on their feet. Seems to be everywhere so i still feel we need to explain more fully to the public to give lectures on this topic quite often. Come. Simple simply put ai is an attempt to recreate human intelligence ....