Page 3 - Big Correction News Today

Horror stories that we had just before he was elected that it might lead to a major crash in the market and it hasnt. the market has been supported by the promise of that tax cut, by strength of the economy, by the earnings that weve seen and of course by the low interest rates that weve seen from the fed. i think many of those things still stand. the tax cut, the economy. earnings have been pretty strong. its just the interest rates really where we have the question now and thats because the bo...

True, or whether you think weve been in a kind of sugar high for the last several years, buoyed by this $4 trillion of fed money, $30 trillion dploeglobald whether or not were due for a correction off the back of that. >> the sugar high did lead to the market rally, but the market rally and the sugar high did lead to fundamental economic growth. the u.s. 2.2 to 2.6%. the eu is growing even faster than that. so to sort of suggest a total all-out calamatous crash would be averse when you look at t...

Head. no, they do not have the same options and thats what a lot of people are worried about. if you go way back a decade ago to the financial crisis, the fed had a lot of options. they put the $4 trillion in, they lowered interest rates. thats why people are a bit nervous right now, i think, because we have had a decade of totally unprecedented monetary policy. we dont really know what the implications are going to be. a lot of people that richard on i have spoke to have said, you know what, th...

Stock prices take up, the company u.s. still had a big correction this week after reporting an unexpected bad quarter. however, nucor steel is considered a mini mill, largely held their ground. >> the many mill has done quite well from a financial standpoin standpoint. earnings are up 50%, 60%, 100% compared to a year ago. >> in kenosha, wisconsin, president trump promised to prioritize american-made steel amid complaints that foreign governments were subsidizing their steel manufacturing and du...

11% in the african-american community compared to 5.5% overall. >> exactly. >> i hope thats the thing the president will address. >> how should you think the markets -- react more aggressive will any. >> i think theres a big correction at some point when the rates go up. i think eventually the rates have to go up. and that theres going to be a fall yacht because right now the kind of underlying data we see, the wage growth okay it is a little better than it is and 2% is not strong enough for mor...

Morgan stanley says tesla will double its share of car market by 2015. and teslas last earnings report blew them away. elon musks net worth has stoord $4 billion. checking overseas markets theyre having a tougher day. tokyo down, london down, frankfurt down, too. >> that big correction that so many people were worried about just disappeared. meanwhile is bitcoin about to bite the dust? the collapse of a major bitcoin exchange could doom the world in the worlds biggest experiment in japanese ...

Numbers and encrypted passwords. stock markets overseas higher this monday. japans nikkei recovered from early selling after a report showed much slower-than-expected growth. hong kong and london trading higher as well. u.s. stock markets are closed today for the presidents day holiday. the dow jumped 127 on friday. dow up more than 2% last week. it was a decent day last week for the dow. the nasdaq rose 3%, about. the s&p up more than 2%, now just a few points away from its record closing hig...

Welcome back to "early start." it is 51 minutes past the hour. christine is here. >> good morning, everybody. well, you know, the air officially coming out of the rally. the dow falling 92 points tuesday. the nasdaq, s&p, look, three days in a row down for the dow. index fell 182 points. futures are up this morning. we havent had a big correction. we havent had a big correction. three days off the big run this year. i wouldnt worry about it quite yet. attention on the focus and the stimulus, at ...

Not just the dow jones industrial average, you have the s&p 500 within shouting distance of 1800 and the nasdaq about 1% away from 4,000, thats a level on the nasdaq we havent seen since the year 2,000, right before a little thing called the dot-combubble bursting so when you look at some levels its amazing what this stock market has done this year, and in your 401(k), you are feeling it. the dow is up more than 20% this year. nasdaq up more than 30% this year. the s&p 500, thats the part of you...

Who build up the debt, weve had the american tax payers bail were in the midst of a real big correction. >> we have a nation based on opportunity and merit. they have built enterprises that employ and make america stronger. we have a president that has an entirely different vuchlt he wants us to turn into a european-style welfare state. >> you cannot compete with china in the long run if you have an intear r fear yore structure. you have to be technologically smart and make investments. >> gov...