Moment first what were calling the changing tones on a decidedly red day. Goldman sachs, the note that has wall street talking today. Our near term downside is no longer likely. Fed and congress have precluded the prospect of a complete economic collapse. Hes not as negative as was. Where are you today as we watch the markets come off a big week . Lets think about the sentiment we carry the high expectation there would be a significant amount of loss of life. We have seen a significant improvement in that expectation. Markets responded. Markets are responding to the health care numbers. As i see the market now, i still believe the lows are protected by strong support between 25. 50 and 25. 75. I do not believe you get the opportunity to buy at the lows again. The market never gives you that opportunity. You are running into resistance now from prior gaps that we had in the market. Today we have a weak tape. Within that, we have a very Constructive Development thats the return of Leader
This morning, National Securities corporation chief market strategist, art hogan is hill, liz peek is here and James Freeman. Great to he see everybody. Thank you to all of our veterans this morning and their families. Liz peek, you have people in your family. Our son is a veteran. Maria thank you so much. And thank you everybody. We want to give a big shoutout all day today to our great heroes of this country. Our top story this hour is violence erupting in hong kong over the weekend, the protests now in the sixth month. Police fired gunshots at protesters early this morning sending one man to the hospital and the emergency room for emergency surgery, another man in Critical Condition this morning after being set oven fire for confronting protesters who had been vandalizing a subway station. This story is not going away. I think this is also creating pressure for xijinping in china but when you see things turn this kind of violent you wonder what kind of impact it really will have. It
Ive thoroughly enjoyed before will all of you. See is a greats friend. Thank you for coming and having your insight. [applause] thank you. Thank you. [inaudible conversations] [inaudible conversations] cspan, created by americas Cable Television companies and brought to you as a Public Service by your cable or satellite provider. Next, peter marks reports on the late aig ceos to revive the company after the 2,008th 2,008th crisis. Bob benosche are i thought it was an amazing story of leadership. So, tell me, why tide you want to do this book . It actually started with my wife, who at the time was an aig employee. She was one of she wrote a lot of bobs the letters to employees in the communications deposit, and bob reached out to her, wanting someone to tell his story. He loved the way show wrote, and i subsequently became intime platly involved in the piece intimately involved in the piece as. We it needed some outside perspective, someone who didnt know the company so well at the begi
For a market holiday. The hang seng up by a third of a percentage point. The shanghai up bay hay a half percent. The kospi up. In europe, in early trading. Green arrows there. Much bigger adavans than here. This is playing catch up and then some. The dax up 1. 9 . The cac up by 1. 8 . The ftse up 1 . Crude oil having its best day in two weeks yesterday. It was up nearly 3 at 45. 34. This morning up 1 to 45. 79. Big question around whether opec can pull anything off with this meeting they have next week or whether this is nor jawboning. Well continue to watch this. Lets get you through some big top stories. Weekly jobless claims come out at 8 30 eastern time. Filings are expected to hold steady at 260,000. Then at 10 00 a. M. , august existing home sales which are forecast to have risen more than 1 . Yahoo reportedly expected to confirm a massive data breach exposing millions of User Accounts. Re code saying the breach was widespread and serious. The data allegedly includes user names,
Very calm, but we will be respected outside of this country. We are not respected now. I think really there is a sophomoric quality that is entertaining about mr. Trump. But i am worried. Im very concerned about having him in charge of the new clare weapons because i think his response, his visceral response to attack people on their appearance, short, tall, fat, ugly, my goodness, that happened in junior high. Are we not way above that. Would we not all be worried to have someone like that in charge of the news clear had arsenal. Governor bush, would you feel comfortable with Donald Trumps finger on the nuclear code. I think the voters will make that determination but i know the next president of the unites states will have to fix an extraordinarily difficult situation, this administration with president obama and Hillary Clinton has created insecurity the likes of which we never would have imagined. There is not a place in the world where we are better off today than sex and a half y