Risks to your money this week and in months ahead. The major averages under pressure still about 1 from all time highs which we have not seen since way back in july the dow is on track now to snap an eightday winning streak. Down about a half percent for the dow. Loss mitigated a bit power lunch starts right now from the would you say to wall street and oil hubs like houst houston, texas we have our reporters on hand to break down the impact. Lets start with eamon. Reporter were getting some headlines that are crossing the wires a about the iranian leader who is speaking in turkey right now. R the attack on Saudi Arabia Oils facility was assault on yemen. This is the president of iran suging that these attacks were carried out not by iran but by the yemeni people. They are exercising their legitimate right of defense. The attacks were a reciprocal response a new wrinkle there as iran has been blamed by some in the u. S. Administration for conducting these attacks. The president hasnt n
Took advantage of me and put me in a chokehold like this. He says he was panicked and yelling for help. Thankfully, his 13yearold son, sebastian was with him and came to his rescue. It happened so fast and i was in the bathroom and i grabbed the bat and it was over. Reporter the video shows sebastian running toward the back of the store to grab the back. The customer told him to put it down but he feared for his dads life. I was thinking to myself if this keeps him going on, if this guy keeps strangling my dad im going to hit him. If it had lasted a couple of more seconds i would have hit him. Reporter 61yearold paul eagle onto was arrested that day. He has a previous arrest in oregon back in 2017. Im afraid of the bad guy gets out he will come back here. We started to call police. This is not the first incident like this. We are told on thursday homeless woman entered the business and grabbed something and tried to run out but the owner grabbed her and started to call police. When he
The small one. Im talking about the doomsayers and insentence that were going to get crushed if we own stocks here even with another sedate session. Dow advanced a little bit, nasdaq declined. 48 i hear this every day. Read article in the paper this morning, smart young fellows doing the short thing. Market is up too big, too expensive. Got to go down really reveltory stuff if north korea fires icbm, that cassandra is dead right. No argument there. Existencial crisis issue there was talk that Nuclear Power fallout couldnt be contained and parts of china wiped out. Trading during chernobyl, and people exiting stocks because of the kiev cloud they thought heading their way. Not drinking milk until late next year. Thermonuclear war would send the stock market down. Any bull left standing looks like idiot but living through that im inclined to stay the course why . Why can i come out on day like today and shrug off the losses in the buddies including apple first the checks are in the mail
Worth of stock. Has happened to facebook shares over the last year. Should investors be worried . When the ducks are clacking, feed them. In washington, it is official , the Federal Reserve will begin winding down its stimulus program. Peter cook and the economics editor joining us now. Newsere there for the conference asking questions. What do you make of this ecision . Classes defense seems on track. The economy is doing better. He justified the move on that basis. He thought as well about the budget deal in washington and how that gave perhaps a little bit more of a justification for making the move right now. He did thisasked if because he was about to leave and he wants to be there when the wind down begins, he said no. I do not totally buy that. I am under the believe he did want to own this to some extent and was there right now to be able to do that yesterday. Just breathing room to janet yellen. It takes a little bit of the pressure off her. Even if he did not mean to do it, t
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