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Decision. Bullard should have called for 75 basis points and he could have the job when powell steps down to spend more time with his calculations. I agree completely with bullard, his dissent on 50. Whats he thinking . Then i read his comments and said thats pretty smart it made total sense to me. On the bullard side, this gives you a sense of why its so reasonable i would be watching very carefully for any signs of a downturn. Of course, there are views on the other side as well, from the other dissenters i think the center of gravity, clearly the center of gravity on the committee is the second adjustment was appropriate. Thats right. Fed president jim bullard joins us here in just a moment josh got a cameo in that little mashup. Lucky you didnt wear the same tie. Some of my best work. Yeah, you have to give me the heads up on that. Building throughout the day, hopes of the trade deal, really good housing data. Yeah. What are you chalking it up to lets do housing first. Xhp, itb, ho ....
And chuck and all of these people focusing on the witch hunt, because they cant beat us at the ballot. They cant beat us at the ballot and theyre not going to win the president ial were having great polls, internal, ohio, iowa, pennsylvania is looking good North Carolina he we just won two race that is a lot of people we thought were going to lose both races one was down 17 points three weeks before the race and ended you said winning by a substantial margin and dan bishop and then we had a second race as you know, and he was up one or two points and ended up winning by what was it 25 points or many so incredible ill ask you because i dont want to be inaccurate otherwise have a front page story breaking nuts trump exaggerated. But he won by many, many points and he was leading by maybe two or three but won which which in the tents 20s. Were looking great in North Carolina, lo ....
With gains. Wall street was upbeat and the bond market calm, unlike the prior days which were wild. Ononday stocks dropped 380 points as investors feared annes cattle an escalation of the trade war. About day stocks poppe the same amount. On wednesday it fell 800 points, the worst decline of the year. Today the bulls cameac the dow rallied 326 points to 25,886. The nasdaq was up 129, and the 41. 500 added but todays gains were not enough to lift the major averages for the week. Dominic chu explains what was behind todays rise. Stos staged rebound today and it was a confluence of events pushingar thets higher including talks of war, economic stimulus, upbeat traders. From the stock market has been taking cues from the bond market all week and today global yields bounced back on reports that germany plans to put in place a stimulus plan that moved bund yields off lows which in turn moved u. S. Yield off lows. Bank of america Ceo Bri ....
Has surged fast forward to september. This sector is surging as a former leader starts to solve it tonight we kick off the show with our ultimate game of, our favorite game, would you rather. Start of the show start of the show, out of the gate if youre putting fresh money to work through the end of the year, do you go with energy or would you rather say banks guy . Wow, thats a tough one i mean, kudos to tim seymour on my right, hes all for the energy move, good for him. Given the run the banks had, if we had started today from day one, i would say energy. Why . I think theres momentum behind energy look at exxonmobil for example today. Still closed up a percent on a rather tepid day for energy. It was impressive at the end of august when it held at 76. We flagged it then if youre asking me would you rather, which you clearly did, exxonmobil and energy. Wgi is down a percent while Energy Stocks were actually pretty good, as guy po ....
The nasdaq indicated up by close to 7. 5 points. In asia, you will see the nikkei actually was flat. It was down by 0. 03 hang seng was up bay half percent. The shanghai composite was up by 0. 3 in europe, in the early trading, will you see that right now it looks like things are mostly positive the dax is up by 0. 3 . The ftse up by 0. 6 . A couple big stories uber saying its ceo will head to london to meet with the transportation commissioner of london they will discuss londons decision to strip uber of its operating license. This coming 24 hours after theresa may called londons decision disproportionate. So uber may be back in business in london. Joe mentioned this earlier, big deal in my world ikea announcing its buying taskrabbit, it leets users to hire people to taskrabbit . I know this only because andrew has been into the idea of getting people do stuff for him do you like farming things out. Having underlings do your stuff. I see that here. When if possible. Kates not here tod ....