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All Dietrich and we're -- right here the Fox Business -- but I'll welcome -- with fox Holland he's gotta fund.
Finally let's just say -- global trends you're up he's up 12% year to date although I'm sure that kids just a little bit of positive.
That is -- changed over the last week.
We have done very well.
We believe that the fundamentals and in the stock market as good as they -- at the time.
Over the last ten years -- mean you have 18% growth in the us and He.
Earnings this year 2.2 trillion and compassion that these companies have productivity we have seen in the long time.
Are gonna regret this in about two weeks we have seen an oversold market like this since March ninth of 2009.
Yeah and then we saw it just go straight up and I believe we're gonna see the same thing now.
What's with the differences fundamentals in the company's the S&P 500 companies weren't all that great march ninth 2009.
There is good as they've ever been for ten years right now I'd -- extraordinarily bullish now what -- you behind.
You know I particularly like a lot of Latin American stocks were global investors.
I guess I think if there's any markets that are -- war oversold in the US stock market -- it's Latin American.
I particularly like American mobile which is the biggest.
Cell phone company notified him that Latin America has twice -- it has.
Or subscribers than -- AT&T and Verizon.
Look at Latin America I would understand.
Feel like anything in the United States right now especially when we start seeing a lot of good companies like are very hard time 52 week lows.
I love all the boring blue.
Especially those with the global friends that are selling all over the world.
These things have been knocked down and is again you know they have.
Very little doubt that they have is locked in for a long period of time -- very low rate and.
And what must you -- thought of the downgrade when we look at the list say for example of that the company the country's rather that we are now in for the united states of double A plus vs AAA.
We've got New Zealand.
I mean that that's not the worst thing in the -- a lot smaller than us but Belgium the United States but what shocks me is you know worst rated.
Countries everybody looks up to like China at the moment saying how great everything is it might not.
-- that this is crazy this was a political decision had nothing to do with the underlying fundamentals.
You know at least this the bond market and a couple of hours ago.
Was actually selling short term treasuries cheaper than they were on Friday the bond market saying this is -- -- Paula got a truck you can you can you camera got there at the Dow Jones industrials now down 566.
-- we -- been down 605 so at 10100872.
At the very moment.
Look what we saw on Thursday was an acceleration.
Of the selling -- -- last hour.
Especially the last twenty minutes or so do you care what happens today I mean Dick Grasso formerly the New York Stock Exchange -- Ticketmaster forget today throw it out look.
We're seeing here receive -- we're seeing capitulation.
Of these are all signs.
Couples market bottomed and I think in the next week or so we're gonna see it just go straight up all right all right Paul Dietrich come -- let me --
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