You look at the gains here, the dow is up almost 7 since february 11th. The s p 500 up more than 8 in that same time frame and the nasdaq is up 10. 5 since february 11th. Do you sell into the rally . David joins us. You have a bullish tendency, but i think you believe that the upside is limited here. Yeah, absolutely limited. We talked about it last night in the show. Essentially this is a fearbased trade. People underpositioned on the long side that are fearing a lot of the meetings coming up over the next several weebks. A meeting in china kicks off today. Most importantly the ecb given draghis comments about potential additional stimulus, so i look at it and say under positioned, getting long, fear of it running away from them, but most importantly, there is a big fear, big fear about being short. So all these, you know, stocks and sectors that have underperformed have been completely negative, biased on sentiment trades, youre seeing that risk come off and seeing a tremendous amoun
Employers added 148,000 jobs in september. The Unemployment Rate dropped to 7. 2 . The report was delayed due to the government shutdown. Secretary of state john kerry met regarding syrias war, and we should tell you that www. Aljazeera. Com is providing special coverage of the plight of Syrian Refugees including story, analysis, video reports of the situation facing millions of syrians displaced by the ongoing civil war. Real money with ali velshi is next. Reporter the new employment report is old news. Many americans are still having trouble finding fulltime job. What people are doing instead, and what do you do when your dad is one of the richest men in the world . How about trying to save the world . Im ali velshi, and this is real money. Reporter this is real money and you are the most important part of the show. Join our live conversation for the next half hour by using this hashtag aj real money on twitter. Unemployment is down but hiring has slowed. Ill explain that oddity in a
Hashtag aj real money on twitter. Unemployment is down but hiring has slowed. Ill explain that oddity in a moment but for now lets look at the mixed job report that we got 18 days behind schedule thanks to the government shutdown. The unemployment droppe droppedm 7. 2 from 7. 3 . That sounds good but not really because the u. S. Only added 148,000 jobs last month. Thats 45,000 fewer than we added in august, and that is worrying because we should be adding between 150,000 to 200 thats or more a month to sustain our economic recovery. Were just not doing that. Look at the trend it suggests that job creation in america may be slowing. By the way, thats without factoring in the jobs lost or furloughed because of the recent government shutdown. Were going to get that information in the next jobs report in early november. So why would the unemployment number come down when hiring is also slowing . Well, thats because of this. This is a much more important number. This is the Labor Force Part
Newmark arranged a $16.5 million loan for the property along MacArthur Boulevard on behalf of Camphor Partners LLC, an Irvine-based real estate investor and developer, formerly named Great Far East Inc.