Page 25 - Program Trading News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cost of the mortgage was going to be 17%. we had to say now. >> now it's 4%. still a good deal. >> it is a good deal. the experts seem to think the cost of borrowing money, which was basically zero, is going to go up. >> it will. >> inflation which has been independent behind wages is going to go up. >> the other thing that is going on, i've made all of these profits. let me cash out. now i can put them in a bond. the bond is paying decent. the rates are going up. you feel safer doing that. >> there's movement. >> yes. >> and is that program trading doing that? >> a little bit. more so now. it...

Liz clayman. what can you tell us about the job numbers. >> the job numbers were shockingly dus appointing, brett. that's what amazing to see what you just showed us. that was a massive pivot off the floor. when the numbers first came out this morning from september they were a huge disappointment. we saw build of just 142,000 jobs instead of what was expected, 203,000 jobs. so it was a huge miss. boom, the markets opened at 9:30 a.m. eastern. tanked. they started dropping, more than 200 points. what then happened? they rocketed off the floor on what's called program trading. this is interesti...

Economy that you would think would be pretty much a good, solid investment as far as general terms now. >> i don't agree with a lot of what was just said. we have a lot of funky things going on here in terms of program trading and algorhythms. it's not true that people woke up and sold everything at 5:30. programs sold because of what went on friday and over the weekend. economic stories do not change overnight. the u.s. economy is not in radically different shape today than it was on wednesday when we weren't talking about any of this because none of this had happened. if the market were to c...

Engaged back in september. they have dated for several years. an update on some of fox top stories tonight. the worst bomb attack to hit beirut lebanon in 2005. today killed 8 people including a top intelligence officer who is opposed to regime. your 200 reports on dow earnings report. worst hit in four months. economic biewm that defined much of the 80's came to a screeching halt when the stock market fell right through the floor on black monday. the dow jones industrial average lost a record 508 points. nearly 25% of its value in one day as for why it happened then president ronald reagan is...

know now is are we getting into another recession now? >> no. i submitted my forecast to the various polls last week and said no, the economy would grow faster in the second half, things will get better. are there perils? of course. >> those with money who don't need credit or who have the ability to get credit can really do well in this economy and those without jobs at the bottom, with tough credit, are excused for thinking that things are bad. >> absolutely. if you don't have a job, it is still a depression outside. or still a recession. we're not growing fast enough to help those...