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This Week’s Biggest Flops

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  • Description

    Jeff Macke, president of Macke Asset Management, on the three biggest market and news flops of the week.

  • Duration 3:25
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This transcript is automatically generated

Here in all three indices gap -- -- news of the week -- a bad.

Is joining us now with the new -- really snow event happen.

Debt MacKey president MacKey asset management -- happening more than three -- now -- -- -- three -- senior moment -- -- I don't know.

I'm just -- -- you know also America raising -- sounded a lot like -- trials and tribulations of things will talk all.

A pleasant experience but we want to hello talk finders and we'll talk again.

Credit -- three fame and I think there's this week Elvis -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- to the vapor rising in their assets and have to do not -- what's interesting here is as a result.

Of hedging.

Which Anderson Bob back is that hedges not post again losing money back hedging supposed to be neutral in the first right -- so as you mentioned.

They actually are having liquidate his assets because hedges didn't work out because there -- hedges at all since they were directional bets now this is my favorite -- -- the companies that last year due to potential investors.

We don't hedge.

Just to say we're hedged.

We -- to make money.

I enjoy that -- -- absolutely none of those things.

And other important ones get blown out of it -- in the interest third person was governor I hate them I really don't like this -- -- am glad to see him gone.

They had to lose money is what it did -- there there are contemptible come itineraries insider dealing number -- Bernanke much I have is that yeah.

Number -- -- much -- Obama held a map -- Republicans think the event and there and and it's always welcome got killed her -- we know that that that spending is up there for businesses eight times says the same thing.

Every single time will be paired with ready to act cat cat fight.

It on the news -- is fighting.

Everyone's watching him expecting this global stimuli thing people would start failing out of assuming that's never gonna happen so -- -- that his testimony was disappointment.

Only for children.

Yeah and -- events only if you're expecting something magical your -- -- -- -- in the barn -- -- its -- I come into Ben Bernanke -- -- like right now I don't know what that's the thing that's impossibility actually I think what you.

-- black dog and cat.

-- hello I think what's -- on the Fed's the government the central -- you have to go under the assumption not gonna do anything until they absolutely have to houses on fire so they were gonna come with a Hoechst tied to save the best allows.

It's not good he got I'm raising kids my guy got a little -- here like chip -- give them don't have -- question how many garage and ever and healthcare yeah and and what's your girl or a woman you don't hit girls or women ever in your whole life and they got absolutely ask just -- there.

And mr.

mr.

what's his face is gonna slap like god I felt.

Much less significant is that the other -- Lego area look at your MI six not a just and Larry is so not so when -- no doubt now.

Only has -- and hello little.

Little -- senator that you have actually have a slapper -- to -- aren't the problem is that the woman that he's actually trying to.

Is like 9000 times smarter than.

So -- he's picking a fight with the wrong person she setup of grace and dignity and she's a Communist I actually admire her by the time -- was -- as -- -- -- -- She's she's incredible stood up classy.

Class act refused assumes that this reveals a part of what they -- you the part of that they aren't some percent of the vote the entire Greek election we'll swing -- -- -- -- democracy -- seen leaving the operative question.

Test and body is what's gone on in Greece out in a nutshell right -- -- -- flat this -- -- this stadium because the low point they've lost their dignity they won't revolved Jeff.

You are fabulous stuff and I -- a very -- --

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