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Tomorrow mini super tuesday primaries but big eyeses on biggest prize michigan and Sanders Campaign survive . It is monday it is march 9th fbn am l starts right now. Lauren welcome a manic monday indeed im lauren simonetti. Cheryl a lot to get to good morning im cheryl casone. Lauren take a look at how your money is moving moving this mors of now Dow Jones Industrial average dropping at the open that is a decline almost 5 . The s p set to drop 14 a 5 points nasdaq down 410. All three major averages down 4. 9 this morning. Reminder, last week the markets finished in the green. Cheryl lets take a look at what caused selloff this morning that is the oil story we told you about that at the top of the show this fight between saudi and russians oil is down 21 right now. And one point wti what youre looking at a was down 31 and co coalition and saudi slashed oil prices here ....
Citing high valuation and concerns of soft u. S. Growth. And its the Largest Health care strike in u. S. History. Some 75,000 Union Members at Kaiser Permanente walk out of hospitals and medical offices. Lets begin with the markets. Dow coming off the worst day since march as you may know by now, losing its gains for the year to date. Jim, this morning, writing a lot about the tyranny of the tenyear, as you put it. Look, i think theres a consensus building that you cant have the yield curve be the shape that its in now, and i know this probably bores a lot of people, but if youre just trying to figure out, what the heck is this all about, theres a sense if you go out ten years, we got to go the usual, which is that theres a steepening curve and were all going to have to pay a little more if we go out long. Meaning, let ....
Money investing for yourself than hiding out in bonds or putting your money in index and mutual funds, which you know we favor. Pundits and commentators say its too hard. I know from experience from running a 500 Million Hedge Fund for 14 years and returning 24 after fees that you can do it as long as youre willing to put in the time and effort. And i know you are succeeding at individual investing when you stop me on wall street or squawk on the street. Not everybody is up to it. Thats why i say i have no problem with index funds. In order to be a good investor which i know you can be youve got to understand how the market works behind the scenes. Thats why tonight im devoting the show to sharing the most important lessons i learned in more than four decades in the market. There are lessons i need you to unlearn, myths that need to be demolished. The notion that the market is rational. That the action makes sense. That simply ....
After independence broken down into devils gate and it is just huge morbidly and in 20,000 people camped out there and all of those. I thought we needed to be prepared for this. As we question their bridge i wiggled on the wagon seat and it seat and adjusted my cowboy hat. It was time to go mormon. Okay now i said youve got to push her more men on here. You understand . I can do more men, no problem. I can do more. Dont forget please send thank you and yes maam, no, sir. And nick, for the rest of the morning i have brought their repair and your brother nicholas. Older men are usually called elder. It is great. You dont even have to remember the guys name. Just call him elder. What about the women make asked . Sister i said. Net. You just watch. Im going to be the last mormon you ever saw. [laughter] so i went into the sun ranch. Mix out with the meals initiates talking to a mormon alter greater and i went through the museum there and its really amazing. They are like this museum coming ....