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If you do look over the past year stop -- looks great coming up double digit percentages for all three indices but then comes the split the markets -- the economy.
-- -- recent economic data may be pointing at the US.
Falling into recession hits again but are investors in for a stock surprise I'm talking about a good one.
My column thinks so -- -- -- is the chairman of Holland and company is spending the last hour trading with us in a Fox Business exclusive.
You have never been sort of a perennial pessimist -- perennial optimist -- this interest -- think there's a stock surprise that's a good one coming.
Yes and I think -- if you added.
Characterize my eighty years doing what I'm doing.
It's as survivor and survivor means -- be prepared for surprises in both directions so whenever we've talked about you and I hope and all weather portfolio means it.
Bad things can happen we just turned three people talk about bad things -- Good things can happen as well Ted Weisberg -- I've known from three years social so Smart so so good to listen to.
And his his comments about what's going on -- case.
-- are always to be listened to put.
And animosity but he's he's been I am befuddled but you know and it's kind of obvious so a lot of -- its -- trade it's the government trade it's the Central Bank trade.
And I was shocked not to hear him say that Ben Bernanke two years ago said.
We have a problem Houston and the problem is not can be solved by the people and congress or in the White House so we'll do what we can do and he actually said.
This isn't it -- deep deep secret.
That he can get the stock market in financial assets to go up in price that's the only thing you can do and he's continuing to do it last week with -- with the forty billion dollars we could.
-- fit but he the stock market is key to what he's so we have the stock market being pushed by the Fed.
Which is the biggest bank role in town they are bigger than all the shorts and hedge funds so.
So long as that's in play in the economy isn't doing well which is when he said he will stop so long is that the economy's not in play.
He's pulling the strings he hasn't -- 33%.
Year over year and that the S&P up 31%.
You're not fight that so.
What is the plan and what what would cost that surprises -- just the continued government trade or is -- that Europe starts to look back.
-- deposits price -- -- -- -- yeah I think this also possibly negative surprise -- prepared for what but my guess would be not a prediction my guess would be.
That we could have all three things that have been concerning the market for the last two years.
Europe and the US.
All three of them could be a little bit better going into December and that you can make the story up as well as I can China's gonna have a November 15 handover of the leadership.
That's going to be done a lot of things have been on hold their -- unfamiliar -- the US that things have been on hold cook with a change of leadership.
So they have said I was over their two weeks ago once again.
And they've told me that they believe the people on the ground that that the people and in.
Government -- people who actually run businesses that we're gonna get a better fourth quarter the third quarter will be -- quarter.
That's important low and inflation inflation's gonna conduct -- that's -- -- -- gonna get a little bit better the US can have a change of one sort or another by the end of.
Never count out the Chinese Government jumping in to fix things -- -- back coming just in a few minutes with some big.
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