Stocks bouncing around all session along on conflicting headlines about that december 15th deadline for china tariffs. Will it sfwebe extended. And House Democrats officially announcing articles of impeachment, two of them, against President Trump. Plus, coming up only today on the closing bell, wilfred frost is live from the Goldman Sachs Financial Services conference and hes got exclusive interview with Howard Marcus ks in just aw minutes. Joining us now for the hour is steve grasso from stuart frankel. Weve got to stop meeting like this i know, i know. We talked about this last night on fast money 5. Whats going to happen if theres no trade deal . Whats going to happen if the deal is extended and whats going to happen if a deal gets done there are three scenarios. Quickly walk us through each one. If the deal gets done, the market shoots higher but its only phase i of a deal. So i think it has a lot more ammo in its ability to move the market progressively higher from there. Nobody
San francisco. Good morning to you. Another ugly week despite some solid gains today. Dows up 175. The nasdaq is now down almost 14 for the year. Rich wong of xcel telling usa today saying, i personally dont think the environment is anywhere as close to as difficult as 2008 or 2009 or 2001, but try telling that to people in tech, kara, especially given the losses in f. A. N. G. How is this playing out in your view, both from a sentiment standpoint and more practically . I think practically, people feel good about it, odd enough. In a lot of the places im going, a lot of the vcs are happy about it. A lot of people think there was too much money rushing in, especially from the hedge funds and the larger institutional shareholders that were shoving the prices up enormously. Ive been hearing this for a while from a lot of prominent vcs, they couldnt have been compete. A little like San Francisco real estate, it suddenly got crazy crazy, and then goes back to just normal crazy. So i think e