Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Points, the s p 500 took a breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movem
Breather and slipped by a fraction. The blue chip dow is just points away from a new milestone of 17,000. And s p 2,000 is also pretty close. The nasdaq adding nearly two points, but these puny gains and losses are a far cry from the summer tradition of dramatic reca rallies. Our guest tonight says the slow growth grind in stocks is also a good thing. So jim, tell us why that slow and steady like a tortoise is actually a good thing for the market. Well, i think, susie, that it does not as long as it goes up slowly, it doesnt bring out the worst investment behaviors. I think if it starts to run people panic. They start to chase it and start to make decisions too quickly and too aggressively to not miss out. And i think in a slower moving market it lends itself to greater rationality which makes the market more selfsustaining. So far that is kind of what weve got and i think it probably has further to go. Were probably going to see a little the irrational movements before this thing real
Good morning. That is right. We have Central Banks and the two largest economies in japan. The boj is steady as she goes. They are looking at getting rid of something old. Interest rate reform. I will be back with details later. Whats the view for the update. Watchingata and we are mark carney posta testimony. Testimony. Neys is it a bubble . Inthe London Property market a bubble . A big debate there. The futures were higher and took a little turn in the last half an hour. This is the open. 100. Ave it up 2 10 of it was lower for the past two days. We are waiting for the price on the dax. It is better than expected. The exports are higher and the importance have more signs of that. They are over four percent. Ring this up. It is pretty flat right now. One dollar buys you ¥103. In april, we will get a sales tax hike. Does the bank of japan need to step in and do more . They started the policy 12 months ago. Check out copper. Look at this. The biggest twoday slump in 24 months. Lower co