Dow fell about 150 points as President Trump says this morning theres no trade deal with china just yet. Shares of p g, Procter Gamble, up 4 after its Earnings Report. This is a record high for this stock. Well have much hoar on that later on thank you very much with the dow just above 27,000, the president this morning saying we would be 10,000 points higher at 37,000 on the dow if not for the feds actions. So with 24 hours to go until the fed decision, we know the president would give jay powell an f for his performance as fed chair, but how did chair powell do in the cnbc fed survey . Mr. Liesman knows. Steve. Yeah, im not doing the grading. Our panelists. About 40 or so economists and fund mangers in the survey, giving powell a bminus. You can see how this compares with the final grade of yellen, a bplus, and bernanke at a straight b and you know what, powell had to navigate hikingerates and then going to hold and then going to what looks like a cutting modality here, mode for the
Else is worrying about the flip side of this is true, there is no point in getting excited about something and everybody else is eagerly anticipatin anticipating why . Because when the vast majority of investors agree something will happen, that thing tends to be already priced into the stock market while the real economy moves at its own pace, you got to borrow money to build that equipment and use that equipment to manufacture goods and wait for the customer to come along and buy them the stock market has no such limitations. Stocks dont travel at the speed of light, well, how about the speed of thought they come pretty close so the moment a preponderance of hedge fund mangers decide the economy is slowing or speeding up or flat lining stocks start trading like thats the case instantaneously, usually takes time to build that consensus, which is why you rarely see these moves happening at once but once the big institutional portfolio mangers are on the same page about something, you c
holding up the trope the there. He saves the day and the whole world series by all accounts the group of lawyers some guys here and then the tough road the sky was relentless. the best pitching performance of our seen a stow about the game 10 hudson on the mound the stop this run giants to nothing early in the second then alex gordon bubbling and omar scored a home that ties up the game with the end of the night second inning germy and jazz defense chow panic in for the crawford turns the double play incredible play here with the headfirst slide originally called safe is overturned amazing double play. top 1 4 Michael Morris of the rbi and public san all scorers giants 32 madison on to or in the fifth trust on the royals galvanizing his world series pitching five shutout innings securing the third world series in five years for the giants ndp Madison Baumgartner one of the best pitching tents and the world series in nine dozen baumgartner going to win one save in those four wins season