Say the least after a bit of a rebound the other day when i was on with you, yesterday i was not here for what was a decline overall in all the markets. I think we are in a new era of volatility. Every single time we get an up opening people say, okay, i guess that selloff is over and when we get the printed selloff people say this selloff is going to go on for ages. I urge people to step back and recognize we are in a period where theres a lot of vacuum, a lot of people trying to buy when its going up, a lot of people trying to sell when its going down and just interpret that as just being enthusiasm, greed and then fear and accept it that its here to stay because its really the undercurrent behind these moves. Okay. And what does that mean in terms of this socalled playbook that you often offer people who listen to what you have to say sure. It means that if you think that it is going to bounce today because it was down hard yesterday, dont make the first move wait to see whether the
Bush administration and later jared cohen set the precedent due to the deaths of their predecessors. Enjoy book tv now and over the weekend on cspan2. Starting out on book tv World Affairs Institute Distinguished fellow joshua project discusses the views of socialism. Thanks to jeff and charles for the hospitality. And as alluded to, this is quite an august group including im afraid a number of people who know as much about the subject asi do. Im going to do my best to leave plenty of time for giveandtake around thetable. The book, socialism is in the airright now. The book is first of all a history and im going to quickly set the history and then spend some minutes on whats happening today and then we will have a backandforth or around the table. So the term socialism was coined in the 1820s and 30s by the followers of a small group of thinkers, british and french who were not out to overthrow governments but had ideas of a Better Society of sharing and also had the quite good idea th
Conflicts in the minds of western opinion makers. Retired western opinion makers. Retired British Army Colonel richard kemp will give me his view. The actor kevin spacey, who was earlier this year acquitted of charges of sexual assault, made a surprise appearance at the sheldonian theatre in oxford. His recitation from shakespeares timon of athens moved an audience which was there to remember the philosopher Roger Scruton and to denounce modern cancel culture gb news emma webb was in the audience and will be to here reflect on the performance and talking of theatre and theatre reality. Our resident critic stephen kiriasis has been busy a busy bee all week , buzzing busy bee all week, buzzing around three shows, including a ballet. Later in the program , ballet. Later in the program, ill be asking what should be done with the land that was purchased by the government for that chunk of the hs2 railway thats now been cancelled. And thats now been cancelled. And we reflect on trafalgar day
Of Elise Christie in the short track speed skating, today team gb began its search for that elusive first medal of the games with both mens and womens curling teams in action. Both teams won medals in sochi four years ago and both have begun well here. But the most spectacular action today came with a quite brilliant performance in the halfpipe from american shaun white as adam wild reports. He needs 95. 25 and a run of his life. In sport they say reaching the very top is tough, staying there are even tougher. In snowboarding that is true in more ways than one. This is true in more ways than one. This is shaun white, arguably the greatest sport has ever seen, saving his brilliant best the last to dramatically win his third olympic title. Im really proud to come out on top today and i am thankful for those guys honestly, because they pushed me to the point where i can do this kind of run. History of another sort in doors. If north korean skaters on south korean ice was significant, this
Quite a nice return to form. We have had a couple of difficult days, factoring in the chinese story, and the s p has been knocked pretty hard. At 1 10 of 1 i dont feel does justice. Atwere down really sharply one point and then we bounced back quite strongly. You can see it here this is the recovery we saw yesterday on the s p 500. You can see its lower as a result of whats been happening in china. Equities back in form. The chinese devaluation is a storm in a teacup. Veryine Central Banks, rarely do they come out and have a press conference. Or briefing that they were stepping in when the market is distorted, they say. An amazing quote the Deputy Governor. He says, trust the market, respect the market, here the market, and follow the market. How much should the market now be fearing this chinese market, or indeed starting to trust at once again . Guy we are getting a few numbers coming out as we speak. The adjusted that income is 543 million. Thats the german utility below expectation