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Fastest car ever made, hurtling in space. Keeping the government chugging as oneas deal described nobody loves. It seems like life has changed and rather than talk about no volatility or low volatility in markets, the only thing both are talking about now is to get used to volatility. Andtility is here to stay, i want to show you a chart that reminded me of the great ernies peng lei Ernest Hemingway quote. This chart shows you that ed acency that is br the shortterm fix, the several to blame of the rapid selling in the session. You can see complacency all the way up until the very and, and then these devastating losses. Many warn us about these induced leverage etns, however, nobody thought would go to zero, as a got to zero yet but they are headed straight there. It lays the question or puts into question where it goes from here. Of aard from the likes credit analyst who warned about the shortfall trades prior to the selloff. I ....
Senator stevens, and senator stevens told the president , he said, this lady makes some of the best Fried Chicken in the country. You wouldnt think that coming from alaska but i can testify from personal knowledge that that was a fact. The lucky wish bone, i expect, will continue on. It is a successful business with a large, large following. But with the passing of peggy and now george marks the end of an era for us back in alaska. We have lost two beloved pioneers who were dear friends to so many of us, and i am proud to count myself among that group. Its important that we acknowledge their place in alaskas history, and thats what i intend to do briefly today. George was a native of wisconsin. He attended high school in red wing, minnesota. He joined the Minnesota National guard. He was selected for officer candidate school. In 1943, george and peggy met, and they married ....
I want to bring attention to other metals. Slumping asrials the stronger dollar cut demand for metals as alternative assets. The greenback having an impact across the board. Traders are also gearing up for the u. S. Rate hikes. Sizable impact coming from the dollar and on gold. What hasnt given back all the gains is volatility. Ae nikkei and hang seng little lower, but the key takeaway is we are nowhere near levels we were last week, which means the nerves are out there. We will be getting the market details later on and we dont have the china data yet. We will get you that when it comes out. In the meantime, paul allen with your first word news. Research claims the u. K. Will leave the European Union as the areas slowest growing economy even if it keeps the same trading relationship after brexit. The European Commission says growth will slow to 1. 4 this year and 1. 1 n ....
About fbi impartiality dating back to the obama administration. It says Text Messages between former Bureau Officials in 2015 reference a directive from president obama to know everything we are doing in regards to the Hillary Clinton email investigation. Texts indicated advanced knowledge secretary clinton even award prosecution before being interviewed by the fbi. Salt lake city is the first between announced it would pursue the winter olympics. After spending four months ensuring utah could host the games again without using money. Global news 24 hours a day andred by 2700 journalists analysts in 120 countries. Im Mark Crumpton. This is bloomberg. Julia live in new york, im julia chesley. Joe im joe weisenthal. Julia another day of choppy trading. The dow up 200 ....
[inaudible] will get started here. Welcome. Im pe peter and i think you all for coming today. This is entitled the homestretch for major tax reform. We crossed a hurdle today and house as they agreed to the Senate Budget proposal which paves the way for reconciliation for tax reform package. The Cato Institute released the eighth edition for our recommendations begin on page 45. Therefore the chapters that deal with fiscal policy. Mark copies please contact me. You can also go to cato. Org. Ryan born occupies the chair. Hes written on Economic Issues including fiscal policy, minimum wages and rent control. Before joining us he was head of Public Policy at the institute of economic affairs. He has extensive broadcast and print media experience and has appeared on bbc ....