Im also watching pinterest which has also moved higher, starting around 10 30. Im not sure what its about either, but i cant help and look at facebook and note theres no such bump in that stock. Facebooks barely higher so it makes me wonder if perhaps the news around some civil rights related groups being disappointed in facebooks progress in some areas lack thereof in addressing some issues that they would like to see addressed. Talks again of potential facebook ban those things dont always materialize. I guess facebook lets see, were showing a longer chart there in facebook. Today in the intraday action it has not moved higher maybe theres some hope. Theres the facebook daily chart. Its actually moving lower starting at that 1030 mark maybe theres hope among investors that some of those advertising dollars, some of that engagement moves off facebook to those smaller rivals, carl yeah. We talked to levis chip berg and he was unekwifable looking for concrete action in terms of changes
Its obviously a report that was somewhat shocking for wall streets economists. But i would say if you look at the reaction in stocks today, its fairly muted. Dollar down about a percent and a half. Gold is up 2. 4 . But its kind of sloppy. That charts all over the place. But then you take a look at equities themselves. And pretty clearly you can see the nasdaq, after being up seven days in a row, is down 0. 7. Small caps down a little bit more than 1 . S p, large cap nams are really down barely. Yeah, because because the market believes that june is now off the table. Isnt that the because a weakening dollar is not a negative for whats been ailing the market in a positive. Q4 and q3 of this year were going to lap what went on last year with that dallas racing higher, wrecking the earnings of the commodities. A plunging dollar but a weakening dollar is being viewed as constructive. Liesman, what happened today . You know, im looking at you. You got your hair all together. Your suit is w
This is gonna impose severe cost on the russian economy of immediately and overtime. There is some, as i stated that im there by the we have list or from the news that for them ill started a little bit. He made this all the emeralds. Bamboo m absorb. It certainly did help. Its thick body. How did sure that 21st century is with the asians, it. Russia is also an asian country and we need to develop military cooperation. Similar to what nature does in europe, propose lower, capricious chauffeur to swing by. Look, are, can you hear me . Im getting trade was the search for new markets import substitution. The word sanctions has become part of our data vocabulary, neutralize, if i did with more and more reports of restrictions. However, sanctions has an instrument of influence and nothing new. Theyve been used against russia, the decades, some consumer gaskets, the idea is porter seconds through milk of jacob, stayed with their move. How and then did the United States come up with this conce