CNBC Power Lunch August 27, 2013
Seeing it. Were down several days in a row, not only stocks but Interest Rates on downside and thats key here. Look at this, down 6 here. Emerging markets. 6 and 7 . They trade in the United States, Exchange Traded funds, turkey, thailand, all down. The transports are the weakest major down today because of the airline stocks. Thats not a surprise. Crude rallied to a 6 week high. These are steep declines, airlines have had a good year as profits have increased and we have the yield curve flattening as well that usually means trouble for bank stocks, wells fargo down 2 , Morgan Stanley to the w...
Source: archive.org
