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Hence why the averages keep getting hammered. Nasdaq plummeting over 3 today, a truliy hideous day. A wakeup call for everyone who ignored our repeated warnings. First up, commodities. Its no secret that china is not just slowing. Its industrial demand seems to be downright exhausted. Which means all companies that help extract or produce commodities are performing horrendously and will continue to do so. Why dont we start with one of the lowest cost pouroducers of iron ore is the colonssal brazilian mining company. The price of iron ore has been cut in half in this year alone. Two companies a...

Relationships within themselves. Lafco demonstrated it better in the engineering their portfolio than others we feel that my name is went through the same cycles through the 2004 they sold all the assets and 2007 fund a tough time to start a fund theyre doing well. I find the 2007 fund they still put in a lot of the money fast when you look at 2006 or you know or right around there thats when we put it in quicker or 2005 i just seen the worse of the worse so ive gone through each one as you said they were the bank and they couldnt even get the loan from the bank so long as were not loading up ...

A Million Dollars commitment but we want to give them the flexibility to execute their strategies under all circumstances. Id like to entertain a motion of staffs recommendation and ill make the motion. Ill open up for. Any questions or comments by the commission seeing none all in favor, say i. I. Passes unanimously thank you very much again back and call item number 6 our minded certain item for 2 oclock. Thank you, norman and bob and eunice is going to join me as well a couple of things that is a recommendation to make a change and to hire an mp c as our Investment Consultant is on page 2 n...

A Million Dollars commitment but we want to give them the flexibility to execute their strategies under all circumstances. Id like to entertain a motion of staffs recommendation and ill make the motion. Ill open up for. Any questions or comments by the commission seeing none all in favor, say i. I. Passes unanimously thank you very much again back and call item number 6 our minded certain item for 2 oclock. Thank you, norman and bob and eunice is going to join me as well a couple of things that is a recommendation to make a change and to hire an mp c as our Investment Consultant is on page 2 n...

Pocket costs for consumers. All those stories and more coming up on the the kudlow report, right now. Good evening. This is the kudlow report. Larry is off tonight. Airline stocks plunging today. The u. S. Government in several states suing to block the merger between u. S. Airways and American Airlines. Phil lebeau joins us now with the details. Reporter this is all about whether or not you believe the merger between u. S. Airways and American Airlines hurts competition around the country. The Justice Department says that is clearly whats going on if these two airlines merge. A number of rout...