As we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. The dow closing up two points. The nasdaq declining 2. 4 . First, lets deal with the negativity. Its coming from four different directions. Sell sell sell sell. Sell sell sell sell. Worry number one, chinas falling apart. No matter that its been falling apart for ages or the chinese stock market is not creating wealth, many cant handle the stress of waiting for the other chinese shoe to drop after mondays break down. Suffice it to say theres big trouble in big china. Negative number two, theed has gone from friend to foe. Theres a narrative out there right now, now that we have started to raise rates theres policy of data dependence. This thesis says that were on autopilot mode like the prebernanke fed. Well get a shortfall in earnings. Third fear were in the high peaks region of the economic cycle. Everywhere i go i hear that all sorts of cycles we have the peak in cell phones which caus
With negative story. I think today was one of those times. As we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. The dow closing up two points. The nasdaq declining 2. 4 . First, lets deal with the negativity. Its coming from four different directions. Sell sell sell sell. Sell sell sell sell. Worry number one, chinas falling apart. No matter that its been falling apart for ages or the chinese stock market is not creating wealth, many cant handle the stress of waiting for the other chinese shoe to drop after mondays break down. Suffice it to say theres big trouble in big china. Negative number two, the fed has gone from friend to foe. Theres a narrative out there right now, now that we have no return to the practical policy of data dependence. This thesis says that were on autopilot mode like the prebernanke fed. Well get a shortfall in earnings. Third fear were in the high peaks region of the economic cycle. Everywhere i go i hear that all
Wall street after the show. But the facts refused to align with negative story. I think today was one of those times. As we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. The dow closing up two points. The nasdaq declining 2. 4 . First, lets deal with the negativity. Its coming from four different directions. Sell sell sell sell. Sell sell sell sell. Worry number one, chinas falling apart. No matter that its been falling apart for ages or the chinese stock market is not creating wealth, many cant handle the stress of waiting for the other chinese shoe to drop after mondays break down. Suffice it to say theres big trouble in big china. Negative number two, the fed has theres a narrative out there right now, now that we have started to raise rates theres no return to the practical policy of data dependence. This thesis says that were on autopilot mode like the prebernanke fed. Well get a shortfall in earnings. Third fear were in the high peak
Talk about that tonight on this program. Rachel has done it for us. But tonight, my first guest, who was a real american sniper, has some very important things to say about the movie american sniper and the real iraq war. You got some sort of savior complex . I just want to get the bad guys. It is simplified. The film already the winner of several awards. Along with the accolades came controversy, some criticizing it with a pro war agenda. This isnt propaganda, its hollywood. This one is just american hero. Hes a psychopath patriot and we love him. Chris kyle is a hero, but hes a complicated hero. They say a lot of [ bleep ] in the middle of it. This is not meant to be a political film. People went to iraq under false pretenses. There is no context of why the u. S. Is in iraq. Tiny little omission. I just have tremendous respect for what he did. Im willing to meet my creator and answer for every shot i took. Theres an article that will be posted under the title i was an american sniper
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