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Bigtime gambler. Markets close in about two hours, and stocks are down but off their lows. Another day of weakness across the board. Were talking about all sectors. On concerns the fed will height hike rates next month. Concerns they will be more pressure on an already sluggish global economy. We are now seeing the dow jones come down. 7 . The s p 500 down. 6 . The s p has been in the negative all day today. T has not been doing great at one point, it was down more than 1 . It has pulled back some of its earlier losses. I want to take you through some of the individual sectors, and you can see...

That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forwar...

60s at the coastline with the return of the marine layer late night. 80s at the peninsula. Good morning, san jose. Your High Temperature at 88 degrees. 6 bodega bay6 8 bodega bay. Sonoma 88 down from 83 yesterday. Lets check the roads at 580 680 dublin interchange. Super commuters making the trek out of tracy westbound through the Altamont Pass over towards 680. East of there typical slowand go conditions. 33 Miles Per Hour in some spots. Most of those delays coming just before the 580 205 connector stays slow to greenville. In san jose no accidents yet this morning. Traffic very light. Youre ...

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