How big when it comes. The dow sold off nearly a quarter of its value, wiped ouout in a single day. That would be the equivalent of the dow umbling more than 3000 points today. Still back in 1987 every major blip and bump since we always heard the same stock song and dance, didnt we. Cant happen again. Wont happen again. Too many protections now. The Circuit Breakers that were supposed to arrest panic but did not. The curbs that were meant to ease us into a freefall and ease us out of a freefall that could not. Try as we might new gremlins keep testing our might. That is one thing we learn from market history, the smartest programs, the fancy evident algorithms and uncanny leverage or daring derivative or dont know, savvy swap cant prevent slop. Beware those who say history cant repeat itlf. History proves it always, ways does. To former bb T John Allison who was president of that bank 25 years ago today on the very real warning signs it can happen again today. John, a pleasure to have
Showed they were monetizing the mobile ads immediately the stock responded. Ashley signs of a slowdown today, dow transports falling almost 2 , rail names post the biggest losses like csx suffering. Liz coppersmith a barometer of Economic Activity because it gives you construction slipped to a fresh sixweek low. Amid mixed signals from the economy. Good firsttime home sales, but youre still looking at a tentative china but when the bell rings the action begins, were about to get key earnings from social gaming giant zynga closely related to facebook but also from restaurant cheesecake factory. Will they breathe and the results into a stock. Cheesecake has done beautifully. Ashley with a Balance Sheet more than 2. 8 trillion, a on limited bond buying ahead, is the Federal Reserve in over its head . We have an allstar fed panel who will weigh in. Liz first, what drove the market today. The one and only data download. All three major indices ending the day lower and of course the Dow Jone
When everything is said and done about these debates, such will be sent to the first debate, the debate in denver that created a stir. And for mitt romney, momentum. The debate to pre that he is to be seen as president ial. That moment to make a good First Impression because life really affords you a second opportunity. That was the chance thatromney needed. Despite less than convincing followup performances, maybe the rest does not matter. That was the debate about voters thinking that mitt romney was just as likable d capable and may be just as ready. Maybe, just maybe, that was the deba that made mitt romney the possible president. We will know in two weeks. Here is what we know now. Romneys as competitive as he is, because what he did in denver. That may very well have been the debate but did matter. Two weeks out, until these very close elecons. Showing w all this is shaping up. We have Sabrina Schaeffer and our own sandra smith. That was the debate moved the needle. The first one
Lot is on the line. It may be cool itself. Apple has always had the cool stuff. Now microsoft says it does, too. That remains to be seen. Be sure mean business now, and they are spending a ton of money hoping that the days announcement starts changing perceptions fast. The company that once seemed to accept them being thrown in their face, well, it seems that they are not going to anymore. So start your hard drives, that is the most Significant Technology battle in a generation. And it is on. Coming to a retail store near you tomorrow. The fallout from these guys having it out. We have robert gray first, who took all of his end. What did you learn, robert . What we saw was that windows tablet is touch screen. For the digital natives, they grew up touching things and on computers. It is very intuitive. With through antiplatelet tablets before. You recognize a lot that is going on here. Tablets arent new. Microsoft had a decade ago, they just never caught on. Microsoft is now back with t
California operatives reported gunshots at the consulate and they were ordered to stand down. One after it began they ignored the orders and evacuated those who remained to the annex after returning with survivors and one body the operatives requested back up and were denied. Again. Roughly four hours later they werekilled by mortar fire on the annex building. Special operations portions portions forces were stationed 480 miles away. Less than two hours by aircraft. October 10th the state department justified they were waching and listening to the attacks throughout in realtime. A to over 20th, there was one predator drone overhead during the attacks. Today eyewitness accounts report they were pleading for help by the americans as the terrorist attack at the consulate and the annex. How could be on panetta still say this . It is a basic principle. You do not deploy forces into harms way without knowing what is going on or realtime information what is taking place. As a result of not ha