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And the nasdaq pole volting 9. 5 , it was the fang stocks that led the charge higher. Yeah, facebook Amazon Google and now alpha bet. Weve got a marvel there is still one more rotation going on. This time back into the nasdaq. What gives . How did these stocks suddenly get their groove back . First as we put out last week tech never really goes out of style. If its really good it just simmers and waits and then pounces. This is an ageold pattern yi urged to you buy these tech stocks while they were down rather than abandoning them. How is it that this doesnt always seem to work. For one thing these fang stocks truly have no flies in them. They have a good story to tell. When we have a major move into the industrials and they are stretched as they have been these uber tech stocks dont seem as expensive as the rest of the market. Take facebook. We know we need to analyze this stock based on what we call the out years. By some estimat ....
Margo jefferson recalls growing up among the black elite in america, will haygood on Justice Thurgood marshall. Booktv. Org for a complete schedule, and a reminder to follow us on twitter, facebook and instagram for updates all weekend. Booktv, 48 hours of nonfiction books and authors. Television for serious readers. Now, we kick off the weekend with two authors in a mock trial from freedom fest, a libertarian conference. Robert kuttner defends the Federal Reserve, and Robert Murphy prosecutes it. Lisa kennedy montgomery, host of kennedy on fox business, acts as the judge. Hear ye, hear ye, freedom fest court is now in session for this trial about the most important subject of our lives, money. [laughter] and how the governments central bank, the Federal Reserve, ....
Lets hear it. [applause] hello everyone how are you ladies and gentlemen we are gathered here in this great sovereign state to talk about the faith of the countrys banks, the Federal Reserve. We hope to discover whether the Federal Reserve kept its promise to provide a healthy economy system, full employment, stable and a lender of last resort or is it responsible for the series of the banking crisis and loss of purchasing power of the inflation in average citizen is this economy more stable or is it less stable because of the existence and did and did the fed exacerbate the crisis of 2008 or keep it from getting worse . Are we better off without the fed and if so what shall we replace it with, shall we go back to the classical standard of gold, and can i have been a plus for the classical Gold Standard . [applause] we ....
Freedom fest is now in session for the trial of the most important subject of our lives, money, and thousand Federal Reserve implements our lives every day. Judge kennedy is presiding at this hearing. All rise. [applause] lets hear it. Hello, everyone. How are you, ladies and gentlemen, members of the jury, we are gathered here in the state of nevada to decide central beng bank federal preserve to provide a healthy economy and Banking System, stable prizes and a lender of last resort or is it responsible for a series of banking crises and lost of purchasing power of the very engine of enflaicion. Inflation. Is this economy more stable or disstable . Did the fed keep it from getting worse. They must decide this are we better off without the fed and if so what shall we replace it with. Shall we go back to the classical Gold St ....
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