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Serious about taking a great leap forward with their economy. Now they meet saturday and with the weak numbers as the stars are aligned for the biggest stimulus package yet, the year of the monkey, i think theyll put more money to work than people think. China can turn, its done its before. Who know, maybe we will get some meaningful stimulus. At the very least the lousy chinese manufacturing numbers sure turned the stock market around over there which went from black, and as the session proceeded. Far more important, we have a shockingly dovish speech from bill dudley. Hes the new york fed president who caused a recent selloff by denying anything had gotten weaker since the rate hike. He set off a firestorm including here with yours truly when he said it was all systems go with the rate hikes because everything is hunkydory. China, on balance im less confident than i was before end quote about the economy. Part of this reflects my assessment that uncertainty to the outlook has increas ....
My job isnt just to entertain what exactly do the bulls want . Thats the Perfect Question to ask on a day like today because you can read the market like a map to find the answer. So let me put my cartographers hat on and explain the map that this market used to please the bulls and go much higher than anybody expected. Dow roaring 349 points, s p up and nasdaq up 2. 89 . First, like many of the super bullish days its beginning before many wake up. We got news from overseas that pointed us this the path that could take us higher. What else is new . You could tell by the way its news from overseas that drives thing. If you go to bed at 11 00 p. M. When the futures arent doing much at all and you wake up at 3 00 a. M. And theyre flying, thats a sign that somewhere some place we got some good news at last. You can tweet me if you keep this schedule as i do and ill we got two pieces of good news from the same unlikely place china. F ....
With us on this xxx morning. 3 3 once again highs will be in the mid 40s today, but we may see a slight chance for drizzle after noon that will get the ball rolling for what looks like a messy thanksgiving day. A wintry mix is the best way to describe thursday morning switching to all snow by mid day. Expect 12 of wintry precipitation. Look for temperatures to hang very near freezing through the end of the weekend, with another chance of a wintry mix sunday into monday. 3 3 3 theres a lot of tension in illinois right now. One day after dash camera videow showing a white Police Officer shooting and killing a black teenager was made public. The tape set off protests on the streets of chicago into the morning. As c b s news correspondent adriana diaz shows us. The veteran Police Officer is now 3 pkg nats16 shots 16 shots the city of chicago is bracing for more heated protests to ....
Castillo. And im larry wentz. Turning to local news now. The woodbury cocoty courthouse is getting some much needed renovations. 3 in addition to new lights for all county buildings. A major piece of infrastructure will be replaced in the courthouse. 3 siouxland News ReporterJaclyn Driscoll joins us now. Jaclyn. 3 3 diana, larry. The board of supervisors unanimously agreed to renovate the elevators in the courthouse beginning in february. 3 the total project will cost abt 385 thousand dollars. The fus will come from the Capital Improvement plan. The elevators were renovated about 30 years ago, but the actual equipment is nearly 100 years old. 3 theyre to the point now where many of the controls are no longer available, so Replacement Parts are not available ....
Each of the 15 percent gain this month. I think the stocks recoiled springs frankly, having fallen well behind the market, and the better than forecast raising. These two gave us quo. If gasoline keeps going down and the expectations remain low, i think the stocks can give us more gains for the year they just got, there and neither is expensive versus the historical parameters, where they have traded at or on particular earning iek he wills. And its 15 gain, that and a one off. You got to call it that, it realliy it rallies because of the bid for Family Dollar. If a Family Dollar can show that it raises series antitrust concerns, be careful there. This is about the gift to hospitals that the Affordable Care act has delivered. And that gift will keep on giving, say what you want about obama care, its been terrific for hosp ....