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Ugly off 8 1 2 . Is the selling fully chinarelated here in the u. S. Or ocould there be something else, something bigger and deeper perhaps, guy . Lets start with you. Tim talking about china, i think it has a lot to do with china. When the markets down 8 on top of the moves weve seen over the last couple of months it has to have something to do with that but i also think its somewhat technical in nature. I think earnings have a lot to do with it. I think earnings have been okay but i think the chasm between eps and revenue continues to grow. I think technically the markets done everything right until last week when we traded back up, tested you willtime highs, seemingly failed, had an outside week in the s p without getting too wonky, now were going to test again those lows we saw last week or so, 2042. If it holds there, off to the races. If it fails we have to have another conversation quickly. The russell, the iwm, 121 has been the level, closed lower today for the first time in a ....
Jm morgan victim to one of the largest Cyber Security hacks ever. 76 million households and 7 million businesses affected. New clashes in hong kong as protests take a violent turn. Counterprotests storming the heart of the sitin. Bob iger till the middle of 2016. Disney extends his contract. September nonfarm payrolls jumping 248,000, above forecast of 215,000. Private sector added 236,000 jobs. August payrolls revised upward. Unemployment rate down 0. 2 to that sixyear low of 5. 9 . Labor force Participation Rate did fall slightly. Earnings were a goose egg. If youre looking to quibble here, might be service is made up of almost everything. Hard to find highpaying manufacturing jobs. I think this number did one thing which said those who think that the economy peaked over the summer in employment are wrong. I think that is really important. That had become a consensus of ....