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Wall Street had another positive, albeit slightly less exuberant session last night, but Meta Platforms has tanked -20% after the bell on earnings. Dow up 224. (Available for non-subscribers after 10am)
Grocery shopping on a budget when you’re trying to make nutritious choices can be pricey. But it doesn’t have to be. Here, registered dietitians give their tips for saving money on healthy foods at the grocery store.
Fears have eased for now regarding Evergrande but it is also a relief for Wall Street uncertainty over Fed tapering is now resolved. Dow up 506. (Available for non-subscribers after 10am)
How can you rationalize the fed should carry us with such low interest rates when the economy is doing so well? you don't get to keep going back to the punch bowl for no reason. >> right. for our viewers who are not pros at this thing, stephanie, yesterday, when you were talking to us, john was talking to us, that had the feeling of something technical going on. the market dropped 1,000 points in 10 or 15 minutes. explain, stephanie, the difference between a sentimental downturn like that and a technical one. a sentimental one is where people give up. they think something is wrong, there is go...
So you may have done it on a levered basis. >> meaning if the collector came, you would have to pay later. >> correct. so you're going to jack up the risk there. suddenly, the vix, that's the fear index, was way down here and you're going to look at the chart. and then it shoots straight up one more time, straight up, that's exactly where the barbed wire thong goes. and that hurts. >> and it did shoot straight up. but right now we're looking at a market that is up a tenth of a percent, but it's been all over the place. if you look at the chart today, it's what a normal market should look like....