Sell off until they realize they cant keep paying for things like snow flake because when they have to sell Something Else i think is why we have another bad day. Dow dropped 245, s p fell and nasdaq lost 1. 70 . It bounced from the lowest percent. Once again, were reminded the stock market is first and foremost a market. And markets are government earned by supply and demand. Right now the supply of new stock is overwhelming demand so the whole market just gets hammered until you trade for a living, you might now understand how this works the software a video game plan and they dont have spare cash lying around, what do they do . How do they get that piece easy they sell. They sell the stock and companies that dont understand it anyway. If you have a stock on the deal and you flip it, well, thats free money free big profits and you got to take free money when wall street is giving it to you. Take public at 52 if you got some at 52 in the deal it scored to 75 where you can cchaching. S
A dire economic report says coronaviruses cause the worst global slump in nearly a century. 2 attacks in different parts of nigeria and just under 24 hours killed dozens well have a report from the capital. Tensions behind the friendly gestures germanys foreign minister questions israels plans to annex illegal settlements. As one of the biggest boxing fights in history edges closer to me joshua and thomas some have now agreed in principle to work. To decide who is the undisputed heavyweight champion of the world. We are here we go lets kick off this news in the United States where George Floyds brother has told politicians on capitol hill to make sure that the. Death of his brother is not in vain felonies floyd had just testified before the House Judiciary Committee his brothers death in Police Custody did spark 2 weeks of protests across the u. S. And around the world the House Judiciary Committee hearings that it was on spring protest as calls for a fundamental change in the culture
How many does it take to stop a raging bull a bull that produced the best month for the stock market in 33 years . I think we might have found out today. Looks like 30 million. Yep, just as we learned that we had the best rally since january of 1987, an admittedly inauspicious year, 1. 2 is the slowest pace this month. We also got incredibly bad news. Jobless claims bring it to 30 million over the past six weeks. No wonder the dow tumbled 288 points, nasdaq shed. 28 today this was an explosive situation. The market was overbought. We have again another Great Depression with the unemployment number that is not confidence inspiring for me i dont know about you when we saw a great labor market before the pandemic, id still be concerned after the run from the bottom stocks had gotten too hot. Were now at plus 7. 2 , the s p range oscillator, the one i swear by it fell to bottom 20 anything above plus 5 is overbought 7. 2 reading makes me concerned which is why weve been selling, selling, s
Obviously you masterminded this incredible escape out of japan, worthy of a movie how did you do it . Well, i did myself. Obviously it was with the help of some people that i got to know but as you know, im not going to expose them and im not going to take any risk, these people who have really dared to give me help into how to leave japan without creating any trouble, which was the case. Tell me, youre stuck in a box for several hours, right, breathing through air holes . What is that like . Im not going to confirm or say anything i can tell you what its obviously you know, you have a lot of anxiety when you are in a period where you are transferring out of the country but you are not still out of reach. But when you go through an experience like mine, where ive been arrested in 19 of november, 2018, and been through very, very tough times with a lot of adventure, i would say, youre numb somehow your ability to feel the situation in which you are is diminished, because you protect you
Bringing housing and affairs will come to order. Thank you from our eight witnesses today. Senator, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systemically important banks of the United States of america, your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in our country. You hold nearly half the nations deposits, more than 80 trillion in client assets, your banks touch almost every aspect of our Financial System and working americans money, even if they are not your customers. All of that makes you eight of the most powerful people in the country, the banks iran are so large, so complex, so interconnected, that their distress or failure could pose a threat to the entire global Financial System. You may be private companies, but the risks you take and the mistakes you make dont just affect you, they dont even just affect your customers, no