When the selling is resuming for a weekend there nasdaq lost 11k. It is the worst two days they are trying to get 3400 back as the fns or week. Lets check in with bob pissani and get a since of what you think is going on. What was interesting is we were drifting lower going into the nonfar payrollm payrolls there is tech to the downside. Right across the board industrials are a little weak. Energy is better and bank stocks are up as we have seen the yield curve steepenning. A lot of pressure in the middle of the day the stocks in the last several days, he would have gone on a up and down in the last five or six days and i will show you a couple examples of that. These are all stocks that have been extremely frothy in the last 60 trading days docusign had excellent numbers and very positive commentary overall. So what happens next in a correction when you get big frothy runups you can overshoot. Nvidia when from 505 to 580. All of the way down to 580 you can see it is slipping below tha
David it has been up and down even though we had the amazing quarter we just ended. As we go into the second half of the year, you say that maybe perhaps some tea leaves that indicate there may be a shoe to drop. Why is that . Abigail i look at a lot of charts each day and there is just nuances in some of these charts that suggest that some investors are preparing for the possibility of some sort of even shock, an event that most are not anticipating. This is very unlikely. One thing to really keep in mind is the dollar index. There is a lot of indication that the dollar is going to continue declining. The dollar is higher by more than 2 and you have the s p 500 down by equal amounts. This is the real driver for stocks. Drop, as the does economy improves. More so on fed liquidity, that puts pressure on the dollar, you are likely to see stocks and other risk assets go higher. If the dollar rises and there are technical reasons to think you can see the dollar index go sharply higher, tha
You support the handling. The number if you oppose is 202 7488001. End us a text 202 7488003 nwj. Witter we are cspa we welcome your posts on facebook. For some perspective on the Coronavirus Task force established by the white house on january the 29th. The health and Human Services secretary originally leading that group and mice president Vice President pence was put in charge of the efforts at the end of february. They are reporting on the proposed ending of the task force. The wall street journal online saying that the white house is discussing phasing out Coronavirus Task force. Ack to that visit to phoenix the front page of the Washington Times with a photo of the president at the plant along with his chief of staff. Trump promises to build yearg he opened up a new vowing to rebuild and economy devastated by the coronavirus in the six months left before he faces voters judgment. On the work of the task force, here is what the president said. We cant keep our country closed for t
Academy a school where young actors were trained in how best to extol the virtues of the countrys then dear leader kim jong il here is north korea cinema of dreams. And. Im not. Also gives you to see them. When i use on. So i was using only. Oh only that. Its a clear some a day on the banks of the tape in pyongyang north korea. These Young Students from the countrys elite film academy are attending to a lecture. Good. Plan pull you. In was you know was on his conscience he would. Go out into the woods and. Filming this encounter a single session lasting just a few hours has taken us an entire year to arrange. It was in 2008 when we 1st asked for permission to make a documentary about north koreas aspiring film workers as they call here. Months of negotiations followed but the answer was always the same. The Pyongyang University of cinematic undramatic was closed for renovations but then in mid 2009 we were safe that we could meet the students at the campus. There. You go with your mone
Itself is set up to benefit those who understand you have people who actually believe things that are not true that is a crisis for democracy is a crisis of concentration the bottom line. Hello and welcome to rewind this week where rewinding to 2011 and an episode of want to one east which had secured unique access to north koreas elite Screen Academy a school where young actors were trained in how best to extol the virtues of the countrys then dear leader kim jong il here is north korea cinema of dreams. And. You want to know. Im not. Because you see the. Media on your. Knees only when i use on. I was using only. Its a clear summer day on the banks of the tate and river in pyongyang north korea. These Young Students from the countrys elite film academy are attending an outdoor lecture. You were. Given this. Is consciousness. Filming this encounter a single session lost in just a few hours has taken us an entire year to arrange. It was in 2008 when we 1st asked for permission to make a