And previous overtures from chief executive kerry lamb to suspend the legislation in june and then announce that it was did in july failed to end the rest there are more large rallies planned in the days ahead which is when well find out of kerry lambs decision will have the desired effect or of protesters believe its come way too late the protest is viewed debil is just another example of Mainland Chinas growing influence on hong kong so its withdrawal could be seen as a rate concession by beijing demonstrators demands have evolved into broader democratic reforms and an independent commission of inquiry into the crisis and the actions of police. Rarely organizers say the legislations withdrawal will be celebrated briefly but its not enough to end the crisis and by not agreeing to all the demands they believe kerry has proved again shes out of touch with her people caroline herself irrelevant she already proved so many times too many times to all people that she really doesnt care abou
Whats causing the turmoil . A lot of it is behindthescenes action in the bond market. Something ive always told you can be a real problem for equities. Now lets jump in with our game plan to figure out whats happening with the market. Typically i start with monday. Im going 0 get to that first you need to know, next week weve got a fed meeting on wednesday. And today people put on a lot of bets that the fed is going to signal rightly or wrongly, i dont know. That the easy money is about to end. Weve had the considerable amount of time, thats a term of art, that we knew they were going to wait for before they started raising rates. Ive told you theres going to be an air pocket in the stock market. When they do and ive wanted you it to be ready for it last weeks game plan i mentioned i thought strong retail sales number could stir the fed and cause rates to rise. We got the strong retail sales number and Interest Rates spiked in anticipation of the fed changing its policy wednesday. Now
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