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Dow plunged more than 500. 00 points to break both the 50 day and the 100. 00 Day Moving Averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the trying to us trade war has now spread historically equity returns are the worst when the i as a manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or how to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Qua ....
A laggard in this entire rate cycle their funding stresses in the repo market that are not going away and now we have just witnessed vision literally detonating overnight destroying confidence in all similar v. C. Ventures and capital and liquidity are now scarce and getting scarcer we are now in the quad Witching Hour with the nasdaq below the 100 Day Moving Average the dow below the 100 day the s. And p. Blue below the 100 day and finally the russell 2000 below the 200. There is news on a relatively neglected front of the troubled ministrations global trade conflict with both allies and declared adversaries today the u. S. Has won a round in the World Trade Organizations arbitration system in the latest up or so to the long running case over european subsidies and analogous u. S. Support for the boeing com ....
Now carry cargo to the International Space station and of course you have elon musk and jeff bezos with blue origin and elon musk with space x building rockets. Must is maybe more of the celebrity type. Jeff bezos is more of the just working away. Hes got three rockets assigned, the first one is the armstrong which is the suborbital, the second is the glenn that we put people in orbit and the third is armstrong which will be something to carry interplanetary to the moon or elsewhere. This is very exciting. How many of you guys know Robert Bigelow . He is right up here in las vegas, North Las Vegas and i think it was 2001, he invited a group of about 15 or 20 space geeks, me included by the way to las vegas and he said he made 1 billion in his hotels and he said i want spend half of that putting up private space sta ....
And welcome to the next session that i will be speaking about mars and the future of space. When will we celebrate the first human on mars . I am edward hudgins, by the way. Research director of heartland institute. Words that kato and heritage and other places. We are having this discussion on a very auspicious day. This is july 20, 2019. The 50th anniversary of the landing of human beings on the moon. To give you more of my background, i was at nasa center. In maryland i was like a kid in a candy store. I got to watch the first moon landing from a major space center. I kept i could probably sell them on ebay but im not going to do that. So i got my id badge. You know how strict security is these days. For a high school kid, that was enough to get me into space flight center. At the cato institute, i did a space policy forum and ive got a book on space, the free market frontier. And i managed to get buzz aldrin to do a chapter in my book. The first human being to land on the moon. Im ....
Okay, ready. Im going to start over. Im going to start over. Okay. All right. Good afternoon ladies and gentlemen. And welcome to the next session that i will be speaking about mars and the future of space. When will we celebrate the first human on mars . I am edward hudgins, by the way. Research director of heartland institute. Words that kato and heritage and other places. We are having this discussion on a very auspicious day. This is july 20, 2019. The 50th anniversary of the landing of human beings on the moon. To give you more of my background, i was at nasa center. In maryland i was like a kid in a candy store. I got to watch the first moon landing from a major space center. I kept i could probably sell them on ebay but im not going to do that. So i got my id badge. You know how strict security is these days. For a high school kid, that was enough to get me into space flight center. At the cato institute, i did a space policy forum and ive got a book on space, the free market fr ....