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Are Futures an Accurate Barometer?

Title:

Are Futures an Accurate Barometer?

Published: Thu, 29 Oct 2009

Description: FBN's Charles Payne on looking to futures to get a sense of the markets.

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Automatically Generated Transcript (may not be 100% accurate)

" You stock market research in a -- we tell people with the by its own market all of did you do often -- rocket except the last couple days. -- always had a rough last couple days where I've really been doing incredible I mean I. I've had recommendations the syrup almost a 100% growing yet. Yeah I mean it's been my best years save these last two days unfortunately in this business you're only as good as the last 24 hours -- this is not a Bernard Madoff didn't look. Clinton has not pleasant thought there weren't going to give him a legend has it all people's money we do film with the months."

" Or to Europe and number you wanted to -- and or do you what do you get everybody out doctor and Fox Business Network and I. I find that all these custom it's got its its work. You're gonna ask all the reporters on the people like what -- line Coach -- dismembered and you're gonna -- Kamal anything about. Dozens mirrors and they can doctors about. 'cause we had an expression we worked over to mr. Hussein you know people all -- The fun but they're about to have but that they gave the people who were reading teleprompters. They didn't know who's like Tuesday. And they don't today -- because this ultimate job so. -- When you get offer more was a person who looked. To see. Where the world lose. Economically."

" A look at the futures assume that the market did oversees and around the world than with the news's. A more or less a workaholic so now -- ten years about a vacation so I'm more let's eat drink intensely to stock market and and politics. Politics is a serious passion among his loss. That's that's the first thing -- do. And there always is or isn't accurate barometer what's going on. Actually it's not for the most part the US market has always been the strongest or to drink the right now and unfortunately. China is destroy the stirring the economic global drink if you willow and it's something. And I hated to admit it I remember years ago I -- showed Tim Rogers -- to come on he's talk about this all the time China was going to rule the world in fact his daughter. Seats he's got to China Chinese. Nanny from day one she speaks fluent Mandarin. And I -- resist that you know it just I guess it was patriotic of ego -- just -- admit -- but it's really look at more more like that's the -- on down in the time there. Sole reserve on -- snow person you're doing good morning important literature right but the amount on -- Norton yeah. But still want to see what the world bars and my rights as they don't know what's wrong there are -- I was out yesterday about one and a half percent so a lot of markets overseas -- down 2%. But you still want to know what's going on on around the world and you know most of the for little nuances and you know maybe something that might give me an advantage sported on addiction are drawn. Wall Street -- before it. -- And I -- for ourselves and you know that we can about -- Today with experts started at the table was wobbly the lighting was bad -- credit. Of course it was a brilliant move ahead partner and so that it contributed to -- guess for about five years now. -- form on those bills wonderful maybe he really is he's he's just absolutely tremendous. Remember the sexual advance of Charleston. How I. Look at -- and not a lot of startup better. -- doctor Charles."

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