We do want to check where stocks are and what has been a volatile few hours of trading the dow holding on the a 1. 5 gain thats better than 300 points. That stunning claims number today. Everybody digesting that the stunning move higher in oil as well. The president saying there could be a cut of 10 Million Barrels lets welcome in jim she joins us on the phone. Welcome back i hope you and yours are safe and healthy. We are, scott i hope the same for everybody there and everybodys families we appreciate that. Can you sort of help us. I want to make sure our viewers understand exactly the angle that were coming from today what is your current positioning in the market . Are you net short as we speak . We have our own hedge fund which basically is always net long varying degrees. That is about 50 give or take a little bit net long. Thats on the low end of where its been. Thats probably where well be for a while. On the short onlies, its been hard the stay short. If the market goes your wa
Citizenship to undocumented people. And of congress will act, i will use the executive power inherited in the presidency to do everything i can to protect undocumented people. [applause] Bernie Sanders now, in this world today, as everyone knows. We are living in a crazy world and a dangerous world. We turn on the tv at bc disgusting things. Tv and we see disgusting things. I think we all recognize that isis is barbaric and must be destroyed. But in terms of Foreign Policy at military policy, it is not good enough for us to be tough. Enough for politicians to be ranting and raving about how strong they are when it is somebody elses kids going. [cheers and applause] so we have got to be not only tough, but we have got to be smart. Hard about to think the consequences of military action. 2002, i listened carefully to what bush and cheney and rumsfeld were saying about how we had to invade iraq. I listened closely. I ended up voting against the war. [cheers and applause] and it gives me j
Andreas fault destroyed records at San Francisco city hall, earth and death records. Here is an opportunity for chinese in the bay area, San Francisco and oakland, to say our birth and death records are no longer existent. Maybe we can come up with some ideas and some plans and some steam to tell the government that we were born in San Francisco. Paper son the entire scheme that allowed chinese living in the United States to say that they were born here in the United States, and that they had children in china and they would like to sponsor those children in china and family in china to come to the United States. So a number of chinese came during the post1906 earthquake period, including my father. This weekend, watch cspan cities tour through oakland. And sunday afternoon at 2 00 on American History on cspan3. Tour, workingies with our cable affiliates and visiting cities across the country. Now, several awardwinning war correspondents discuss the dangers of reporting from the middle
To the Market Reaction. The market seemed to rally on this news. Why do you think that was . Well, remember that this particular move was targeted way in advance, and the market had adjusted to it. The only question that was out there was what was going to happen subsequently that, not that you could actually make certain happen but with what the policy was. As it became apparent the fed was going to just raise the rates and then not do a whole series of rates, then basically the markets said uncertainty is gone. Therefore income earning assets go straight up. This is just a classic case. I ran into it many times in the sense that choices that we had were always, do you want the market to know exactly what the plans of the Federal Reserve are or not . It depended on a very, very technically difficult problem. How much risk do you want in the system . If there is too little risk, youre bubble creating. If theres too much risk, youre suppressing growth beyond what it should be. Part of F
Students should continue to gain knowledge and develop new skills to keep themselves relevant to industry needs, said Universiti Brunei Darussalam (UBD) Vice Chancellor Dr Hazri bin Haji Kifle. He said this at the presentation ceremony for the University Medal and Book Prize Awards yesterday to acknowledge UBD students for their hard work and dedication […]