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Is that the way to play this thing or are we getting to the point that it is getting over done . I am not a buyer yet, recovering some shorts if that is what you do, i get some recent support levels. The problem is where stocks are a big air pocket down to levels of 2018 in the s p futures, below 2000, that has me concerned. Im not pressing shorts here. The fear is over done and for me that will shift was one thing that has me worried is big moves in the oil and the yen. When big moves happened they cluster together. Charles why is a strong yen, one of the big correlations, why did that hurt the market so much . Bigger reason is psychological, it shows Monetary Policy lost its efficacy, at the end of january, drastically eased, the yen instead of going down went up in their face confused investors, and a lot of credibility issues. Charles the script after yesterdays fomc meeting down 200 points. On the other side of the equation, ....
Shape policy to go their direction. Consumers really are going to be the losers in this deal and i think that is why so many of them are speaking and asking the fcc to move forward with a clear path to protect them. The impact of the Net Neutrality rules on the communicators at 8 00 eastern on cspan 2. In the british house of commons last week, one of the questions posed to Prime Minister had to do with the plan for accepting Syrian Refugees. He also responded to several domestic related questions including one about employers who are caught abusing the minimum wage requirements. But rise to 20 points i am optimistic we can achieve that. Questions for the Prime Minister. Rory smith. Mr. Speaker. Thank you, mr. Speaker. I had meetings with ministers, colleagues and ....
That have been working on this. Were trying to be fair and get their input and then we will know how to proceed. But the bottom line is this this week we are going to pass a Flood Insurance relief bill off the floor of the United States senate, and i want to put everybody here on notice that we have run out of patience. We have been working on this for a year and a half. We were told before christmas we could have a vote. Then we were told we could have a vote when we got back. Then we were told we could have a vote before we left. This is it. Theres no more time. Were voting on this this week. Were either going to do it the easy way or the hard way. Were either going to have a few amendments that the republicans put up, democrats put up, and we get back to legislating like we should, or the leader is going to file cloture on this bill and were going to pass it without an ame ....
Host jonathan strong joins us on the phone this morning to talk about paul ryan unveiling his budget later this morning. We will have coverage on cspan at 10 30. Jonathan strong, lets talk about what we will see in this budget plan. Do we know the details . Guest good morning. He has released some of the details. He previewed the budget in an oped in the wall street journal that was released last evening. Kind of one of the big things here is that it essentially cuts 4. 6 trillion dollars over 10 years compared to current law. He is trying to put it in perspective in the oped, saying that under current law, Government Spending will increase five percent per year over those 10 years, and under his plan it will increase 3. 4 per year. The message coming out of paul ryan is that we dont have to make that tony and drastic cuts to reach balance in 10 years, which is the new feature of this budget. It is similar to the plans that h ....