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In the nymex well.
As this market got you wondering just had to lay all these ups and downs associated with the global volatility market did the American century -- -- global CIO Scott thirteen billion dollars in assets under management he's spending the last hour trading lists.
Here in a Fox Business exclusive we're talking with the traders about it.
Every day I I I can tell you -- look at the big would some days and -- sitcom -- Well why are we did it luckily were only up a 150 -- down a 115 it is in the 400 points reason we had the summer but -- you look at the same way and say I mean really.
Do we really know that much more today than we did yesterday and why are we up 178 are down a 190 -- We were yesterday.
I think it just shows you that the world is revolving around really this macro issue and it's not about what the companies are doing it's more about the massacres who has through -- -- are doing.
And that's controlling the sentiment and that's something that's really hard to work around is it just something.
That investors are gonna have to live with now for the months to come in the fact that.
You're on pins and needles awaiting every little meeting that happens in Europe and somebody coming out and saying something that investors disagree with -- we're down 250 point.
-- just makes the fundamentals of the company that much more important.
Because you're gonna get you're gonna get.
Caught out nice knowing when they want to sound a lot one day and caught -- by buying back when it's awful lot.
What are the fundamentals of our own economy.
Because I think that's something that we've.
About -- -- over it he over the last couple of months but certainly.
You know we talked about getting that weekly employment number for example under 100000.
-- forever and now that we're getting it out of -- -- thousand we're worried about Europe and we're not talking about it is much how we sort of lost sight of some of the improving numbers here domestically.
I think the numbers are improving domestically -- the a couple months ago we're talking about double dip recession in the US and more slowly but surely.
Starting to see bank lending improving in the industrial sector the consumer -- out buying again they're much more active and industrial production numbers are looking better so.
Let's focus on the US kind of silly question but surely kind of -- its way out here.
Does a body with -- gets in and asked him a question on the US is a body that we still have housing crisis and we're in deep there.
And the fact that you know the unemployment rate improved a little bit last month we still are -- dire us trades as far as -- job situation goes here.
If that's I think that's the structural issue that's probably going to be with us for awhile.
And the housing issue will work its way out over time it's not gonna be something that's been resolved by tomorrow.
All right China and Brazil we talk about -- all the time the China specifically in Brazil and I wanna focus on China.
If they're slowing their growth rate to prevent inflationary keep inflation in check in at 78%.
Is that still good enough to fuel the global economy particularly when it comes to oil and -- -- and things like that.
Don't forget the US is and weren't part of this world economy right so.
China is slowing.
But they've got -- This and had a handle on their inflation problem but I think that's the real positive thing that we need to look into for 2012.
Brazil is the opposite situation -- still has a problem with inflation.
Still is growing too fast and there is unemployment numbers are way too low -- structural problems in that economy that the government's attack on the did they need to do very quickly.
Our market that's investment ideas and it's a little later on the show looking forward to hearing those.
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