By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Cases to say it mildly, the target of iran is its central bank. Iran is all about black markets. Doesnt deal traditional fashion shipping out money. The central bank, trying to freeze assets coming in and out of there, the flow of funds there, might do that in the sort of the official diplomatic way but the fact of the matter, iran is notorious for finding endruns around that, working with other countries that help them find endruns around that. Well get the sense what this means with former trump
Market clearly arent ready for. And that was what todays decline was all about, the dow tumbling 394 points. Nasdaq tumbling 2. 54 . The rate hikes coming. Perhaps as soon as the feds meeting later this month. And i think you need to be ready for cash when it does, because i dont think this selloffs over. You need to understand the risk world here. It is true. It could hold steady. You could miss 2 , 3 , 4 rally. But considering that janet yellen and Stanley Fisher talked openly of the need to raise rates. And then Eric Rosengreen joined the course. I think the risk is too great to risk a possible 2 gain. I dont know why you would want to do it. Weve been lulled into accepting the proposed brexit volatility is gone. That, too, concerns me. When it comes back as it did today, its pretty obvious investors arent prepared. You know what they do, they panic. Nobody ever made a dime panicking. I dont want to you panic, thats why you need to be prepared. You can follow along with my Charitabl
Nasdaq tumbling 2. 54 . The rate hikes coming. Perhaps as soon as the feds meeting later this month. And i think you need to be ready for cash when it does, because i dont think this selloffs over. You need to understand the risk world here. It is true. It could hold steady. You could miss 2 , 3 , 4 rally. But considering that janet yellen and Stanley Fisher talked openly of the need to raise rates. And then Eric Rosengreen joined the course. I think the risk is too great to risk a possible 2 gain. I dont know why you would want to do it. Weve been lulled into accepting is gone. That, too, concerns me. When it comes back as it did today, its pretty obvious investors arent prepared. You know what they do, they panic. Nobody ever made a dime panicking. I dont want to you panic, thats why you need to be prepared. You can follow along with my Charitable Trust, a highly unusual 20 level. We chose to sell some of our absolute favorite stocks, including prr being prepared means selling or tri
Tumbling 394 points. Nasdaq tumbling 2. 54 . The rate hikes coming. Perhaps as soon as the feds meeting later this month. And i think you need to be ready for cash when it does, because i dont think this selloffs over. You need to understand the risk world here. It is true. It could hold steady. You could miss 2 , 3 , 4 rally. But considering that janet yellen and Stanley Fisher talked openly of the need to raise rates. And then Eric Rosengreen joined the course. I think the risk is too great to risk a possible 2 gain. I dont know why you would want to do it. Weve been lulled into accepting that, too, concerns me. When it comes back as it did today, its pretty obvious investors arent prepared. You know what they do, they panic. Nobody ever made a dime panicking. I dont want to you panic, thats why you need to be prepared. You can follow along with my Charitable Trust, a highly unusual 20 level. We chose to sell some of our absolute favorite stocks, including procter gamb being prepared
Should be out too. A lot to cover. Dagen look here. On capitol hill, a producer, congressional world war ii matter and that lawmakers in the world war ii memorial. A little later on. Dagen day 2 of the shutdown, stocks are shutting down, triple digit lost all over the place. Nicole petallides driving trading today. Nicole we are seeing the fear index back up. A lot more focus on washington. A lot of people focusing on the fact that it was a new month, new quarter on wall street and you see the excitement of the new month and new quarter, these down arrows and we will have a down week this week. And we are down 107 on the Dow Jones Industrials and most of the names on the dow have down arrows and only a couple are squeezing out a gain. Connell wall street ceos, the Government Shutdown, the debt ceiling debate likely to be the big items on the agenda. Dagen rich edson is fired up at the white house with everything you need to know. Rich did this a couple years ago, and coceo pushing pres