The education Nation Student town hall. Education nation is now in its fourth year, and i am thrilled that for the second year in a row, we will be focused on what matters most to the students, the problems they face, and their ideas for how to solve them. Now, joining me on stage and in the audience today are students from across the country, ranging in age from about 13 to 25. And for the next two hours, we will hear from many of them. To help with that task, two of my colleagues are in the house. Working one side of the room is cohost of msnbcs the cycle. Krystal ball. Hi, krystal hey, melissa. Good morning. And over on the other side, msnbc anchor, mara schiavocampo. Hey, mara good morning, everyone. Now, theyre going to be coming around and taking questions and comments from our student audience throughout the show. And today, just this once, im going to let you guys do something that i never let my students do. You can use your phones in class. We want to know your reactions, you
Special edition of mhp show. The education Nation Student town hall. Education nation is now in its fourth year, and i am thrilled that for the second year in a row, we will be focused on what matters most to the students, the problems they face, and their ideas for how to solve them. Now, joining me on stage and in the audience today are students from across the country, ranging in age from about 13 to 25. And for the next two hours, we will hear from many of them. To help with that task, two of my colleagues are in the house. Working one side of the room is cohost of msnbcs the cycle. Krystal ball. Hi, krystal hey, melissa. Good morning. And over on the other side, msnbc anchor, mara schiavocampo. Hey, mara good morning, everyone. Now, theyre going to be coming around and taking questions and comments from our student audience throughout the show. And today, just this once, im going to let you guys do something that i never let my students do. You can use your phones in class. We wan
by a terrible italian bond auction or spanish financial bankruptcy. but today with the dow soaring 204 points, the s&p rocketing 1.65%, nasdaq falling 1.48%, we saw a different kind of fear on display entirely. it was the fear of actually missing a rally. or worse, betting against one. now, what spurred that new and strange fear? what created such a frenzy of buying after six straight days of decline, hideous decline? you know what did it? that source of all good capitalism. china did it. china. the possibility that the chinese government will take action on sunday night to stem the deceleration in their economy. you see, last night china reported its economy group lost a better than expected 7.6%. from our point of view that s not recessionary. but it is well below what the prc communist government wants. so our game plan starts with the expectation that we get a big chinese rate cut before monday s opening. which is why i took the unprecedented opportunity to put sunday rig
issue number two, talking stimulus. talking cuts. talking taxes. in washington, are the political leaders really hearing the cries of american business as we linger on the precipice of that fiscal cliff? and do you feel like the fish at the look at that. at the end of that rod sometimes. the lohman or woman on the economic food chain. today, tips on how to swim clear of the sharks and how to keep off man s hook. sue is out. simon s in at the new york stock exchange. a catch. we start off with that fish and avoiding the sharks here on wall street. getting to kenny in a minute. first bob on what s now a sixth poor day for the bulls here. the problem is very simple. earnings. when s going on in china. we have the big international names to the downside. the energy stocks, take a look. financials and material stocks taking a hit. remember, this week, concerns of cartier, about the slowdown in china. today, marriott talked about things slower in the high end luxury market
unintended consequences that will impact the bottom line. we have it covered straight ahead closing bell. how are we settling down? dow industrials are down a quarter of a percent. volume on the light side. the nasdaq gave up 21.75. a sea of red, and red is what we will see for the first week of july if this streak continues. westwood holdings mark freeman says the focus should be on fundamentals. colorfulty on europe and other issues is not coming soon. we also have jeff cox. thank you for being on the program and joining us. great to be with you. mark, you re expecting pretty tough markets? look, i think as you lie highlighted several times, especially on the macro front, they re waiting for resolution on the european debt crisis, the fiscal cliff, or waiting for higher rates. they re waiting for things that will not be resolved in the near term. it s creating a lot of frustration. ben, you need a strategy for the short-term and for the long term. how do you trade