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Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock mar...

Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock mar...

Today, and then he said he did not think they needed to do 50 basis points. That is one of the key questions wall street has had. How far do they go if they go on july 31 . Suggestions from jay powell suggest the center of the fed has not changed. They will closely monitor the data and act as appropriate, which is exactly what he said at his News Conference a week ago after the fed meeting. He said the economy is in pretty good shape, describes in the same way that he did with strong consumer spending, weak business spending, concerns about trade. Nothing new from powell in his remarks that wo...

Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock mar...

Concern about the economy and manufacturing and housing. The dow and s p hit alltime highs this week and the dow industrials cracking the 27000 mark for the first time and staying there. Joining me now is mike murphy. Happy to be here. The first of the week we had a little said in ecb, give me your take away from the week. I think people are really helping that the fed will be accommodated. But the backdrop or is the market right now can support higher level without the fed. But if the fed comes in and gives us a rate cut on top of the economy that we have. You can call it was to the stock mar...