Of the retail trader, the little guy, could be causing more volatility in the market and talk about getting real. One top angel says the beaten down resale retailer, the real real, could be about to make a comeback. Hell be here to explain why hes so bullish. Power lunch starts right now stocks are selling off. Right now, the dow down b about 300 points nasdaq down nearly 2 . Major indices on track for their worst week in february take a look at gold. Lots of eyeballs on this one today. The precious metal is on a wild ride up 8 already this year and near ly 2 today. 16. 49. The defensive tone is evident in todays market. Those momentum names that trade is is unwind names like b facebook and amazon down around 2 the Semiconductor Stocks are also getting hurt today. New lows for a basket of Energy Stocks including exxon, marathon oil and noble energy a political unrest in libya easing there afore oil is given back some gains, plus energy estimates for the First Quarter continue to fall w
john harwood moderated the town hall, which will reair right here on msnbc. a lot of ground was covered in an hour s worth of time. explain to us the main points the president was trying to drive home. well, i think it s the balancing act, thomas, that you identified a few moments ago. he s got to reassure business, which has a lot of cash on their balance sheets that s not being invested that could be a key to growth that they should have confidence in him. they should not see him has somebody attacking him. he has to convince ordinary people he s not too pro business. we had a poll that said most people think he s helping investment banks and large wall street institutions rather than him. it s not easy for him. he kept to his stance on tax cuts. we have a debate on whether the bush tax cuts should be extended for those making more than $250,000. he said today he s not ready to give ground. keep going, keep going, stop. here s what i can do, i can t give tax cuts to