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With negative story. I think today was one of those times. As we saw a terrific rebound in the averages, after a second bout of hideous selling this morning. The dow closing up two points. The nasdaq declining 2. 4 . First, lets deal with the negativity. Its coming from four different directions. Sell sell sell sell. Sell sell sell sell. Worry number one, chinas falling apart. No matter that its been falling apart for ages or the chinese stock market is not creating wealth, many cant handle the stress of waiting for the other chinese shoe to drop after mondays break down. Suffice it to say the...

Mondays break down. Suffice it to say theres big trouble in big china. Negative number two, the fed has gone from friend to foe. Theres a narrative out there right now, now that we have started to raise rates theres no return to the practical policy of data dependence. This thesis says that were on autopilot mode like the prebernanke fed. Well get a shortfall in earnings. Third fear were in the high peaks region of the economic cycle. Everywhere i go i hear that all sorts of cycles we have the peak in cell phones which caused apple to drop like a stone and taking the Semiconductor Stocks down ...

Good afternoon id like to call the order of regular meeting of United States constitution today is tuesday, september 8, 2015, roll call please. Commissioner president caen pr commissioner moran commissioner kwon and commissioner courtney is excused today. Thank you. Third item is the approval of the minutes of august 11, 2015, are there any corrects or additions to the minutes . Roll call second. Any Public Comment on the minutes of august 11th . Seeing none, ill call for the vote all in favor, say i. I. Opposed the motion carries item 4. Which is general Public Comment from the public and i ...

We have sufficient growth to support continued improvement in the labor market, and we have seen, you know, maybe not progress over many years at a pace that would be ideal, but Real Progress that will continue. Thank you. Time of the gentlelady has expired. The chair recognizes the gentleman from new jersey. I thank you, mr. Chairman. Ms. Chair. A couple questions, we finally over here. On this side. Oh, sorry. Thats okay. Finally, after many, many months, weve got responses to the questions that we put to you months ago. One of them one of the questions came about because one of the fed gove...

Yourself. My observation during these times of both prosperity and during times of financial crisis is that we have leaders and a professional staff at the fed who have conducted themselves with honor and who have been true public servants. So let me thank you as well as your professional staff and as well as your predecessors for serving the people of america in this most important and tremendously demanding position. Thank you, congressman. I appreciate that. Thank you. Weve seen that fsoc where the fed is a key player exercise the authority granted by doddfrank to designate institutions as ...