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As the government buys, everybody else tries to exit and essentially, the only big buyer left in china is the chinese central government. You have five dow stocks now in bear territory and meaning theyve fallen 20 from the highs. Walmart, disney, apple, exxonmobil, intel. Structurally, legally, in terms of work force, the United States is in the best positioned economy in the world to get through all of this and prosper. The fed is absolutely to blame for this. They have managed this terribly from the beginning and the markets have taken it into their own hands. Prices have to adjust to the ec...

Adp in line at 177. And our road map begins with apples iphone sales disappointing. Why the company says future product rumors could be to blame. Private sector hiring slows. Will signs of a cooling job market change the feds potential rate hike plans . And a food rally, mondelez and yum brands beat the expectations. Mcdonalds gets an upgrade at goldman up. The iphone shares disappoint and tim cook said we are quote we are seeing a delay in purchasing behavior that we think is a consequence of the number of rumors and reports about future products. That is happening outside of Greater China. J...

You really meant that today. I had a long week. So did you. I did, indeed. Happy friday from me as well. Im wilfred frost. Straight to the market action. Erring earnings in a minute, first a scary moment at Laguardia Airport last night. The Campaign Plane carrying Vice President ial nominee mike pence skidded off the runway after landing in heavy rain. Emergen Emergency Personnel evacuated everybody on board. Nobody was injured. The plane did not strike any of the fencing and was never in danger of going into the water. Later this morning, governor pence will join the team of squawk box in the...

Reporter thanks very much. We are seeing a brexit relief rally today. Sterling up over 2 . European equities closed up over 3 . There were four separate polls out over the weekend. The result that the ft poll of polls saw a fivepoint lead for leave eradicated. It now stands at 44 points for both remain and leave. It also results in the betting markets seeing odds change such that the implied probability of a remain is close to 80 now. So stark of a move over the weekend, its somewhat surprising. I caught up with tony blairs former communications strategist, a very well respected political cons...

Now the markets, after session lows down across the board, 1. 5 . The falling price of oil is bringing down energy stock. 1. 4 . P 500 is down the nasdaq is down 1. 6 . We did get good u. S. Retail sales data and Consumer Sentiment. As well as lower unemployment numbers. That is not to turn this around. For every one stock of, 8 stocks are down. For the week on this friday, the worst performance since november 13, we are down by 3. 5 and 70 points. The index is going 20 six sessions without back to back games. The record is 28 days. That was set in 1970 him and he hit it in april of 1994 and a...