The fed gave us what we wanted, the market implodes. Dow plunging 334 points, s p plummeting and nasdaq 1. 19 down honestly, there was Nothing Shocking about fed chief jay powells statement but people dont understand how the game is played its insurance and not the start of the easing cycle. That upset everyone hoping there would be a lot of rate cuts galore including those betting the dollar would decline the fed is supposed to be cage gee about this remember the last time powell told us the longterm plans in october, the stock market crashed. Promising a series of rate hikes was a big mistake. Hes not going to make the same mistake here by promising a series of rate cuts. Hes not stupid. Of course, President Trump piled on how powell let us down. You can say that trump let us down by firing yellen who is much closer to trump and putting powell in, and enough powell bashing for heavens sakes hes on the case as there is plenty of evidence, positive news enough to befuddle some fed watc
Missiles at main land u. S. President trump is saying the foreign minister and kim jongun wont be around much longer if they keep it up. North korea, the nfl, and john mccain on the president s sights. A sunday sitdown here in hollywood with mindy kaling. We talked with the Ground Breaking writer, producer and actor, the last season of the show and the new baby on the way. Do you have a vision of what kind of mom youre going to be . Its so easy to criticize parenting until youre a parent so one of the nice things about becoming a parent is that ill be able to openly criticize other parents who have a child. Sunday sit down with Mindy Kaeling plus harry smith later in the show. Lets begin with the escalating war of words with President Trump and north korea. The president taunting north korea and its new leader with a tweet overnight. Nbcs Kelly Odonnell is in new jersey where the president is spending the weekend. Kelly, good morning. Reporter good morning, willie. A new exchange of th
Speech on saturday threaten to fire missiles at the mainland u. S. President trump answered kim jongun wont be around longer if he keeps it up. Mccain are all in the sight. We visited the set of the mindys project to talk about her rise through comedy of the last season ton show and a new baby on the way. Do you have a vision of what kind of mom you will be. It is easy to criticize you are a parent until you are a parent. I will be able to criticize my parent because i will have a child. And harry smith later in the show. Lets begin with the escalating war of words between President Trump and north korea. Nbcs kelly odonell is in new jersey where the president is spending the weekend. Good morning. A new exchange of threatening words between the United States and north korea. That comes after each country carries out. First the president responded to the foreign minister of north korea who was in new york and appearing at the u. N. On saturday. The president tweeted, just heard foreign
Witness the dow plunging 326 points, s p plummeting 2. 28 , nasdaq nosediving. Weve got to tick down the reasons for the decline so youre aware and can be ready for the next leg. First, people are afraid of a second weak employment number in a row when we get the nonfarm payroll number on friday. You know what, they should be afraid. All right . Should be concerned. The research from get rich carefully shows that one lousy employment number can be explained away, but two . No. Thats when people talk about a slowdown in the economy, whether or not you think its true or false. It doesnt matter. The market asterisks nothing. It takes stocks right to the wood shed. Second reason for the decline, the recession stocks, the foods, the drugs, the staples. Theyre acting like its the end of the world, or at least the end of the developed world. The declines in these stocks are breathtaking. When the Global Economy slows, these stocks are supposed to go higher, but they arent. Maybe the emerging
Winter. He discussed the strain that to sim mule tainous out breaks could put on the system. He called protests to lift stayathome orders, quote, not helpful. Yesterday the president was asked what happens if the virus makes a comeback after social distancing guidelines are relaxed. I would say that you keep away until this thing is gone. Its going to be gone at some point. Its going to be gone, gone. And i would say you keep away and you do the social distancing until such time as you know its gone. Well know when that time is. Well. Its gone, okay. Need a vaccine. Well, listen, willie 18 months. There has seemed over the past few days the president , again, all over the place. But deferring more to his medical advisers. It is it is interesting, though, that yesterday the cdc and thank god for it, the cdc came out and did warn about that second wave that weve heard others and Anthony Fauci and others worry about because the next wave could be far deadlier because it coincides with flu