Stock s are reacting some turbulent traffic ahead. And is that welcomed . Yes. It is, because of the optimism for the economy itself, and the appearance of inflation, and the 0. 4 on the pricing index is for anecdotal because we have Domestic Companies with sales that are up 30 over last year. We are are rocking it in america right now. And im telling you that there is no recession, so why not a rate hike, because we could take 25 basis points right now. And doc, neutrals on the stocks in the next 12 months, and the bank of america says it is a swoon, and why are they wrong . Well, kevin, like the optimism as always. And honesty. Yes, but i am not optimistic on the markets reaction it to, and the market can take ut and 25 basis points is not going to knock the wheels off, but the market will sell, and sell hard if they raise rates minutes after the rates increased. And why is he wrong . Didnt we get an indication of that and a couple of people talking about rates and the market will lo
Seaberg, great to have you with us. Eric, riddle me this. What has changed and why today do we feel so great of a fed rate hike . I have no idea. I think, you know, were going to be in a cheap market here for the foreseeable future just because of all the uncertainty surrounding Interest Rates, Consumer Spending and Political Uncertainty here and in europe and while this frustrating sideways market may be difficult to navigate were still finding opportunities in the hodges small cap fund. Where . Were really looking at some areas such as some of the nonenergy companies that have been beat down over the last six months by oil prices, Something Like a Legacy Texas Bank share which is a bank that we think is very attractively valued here. The perception of Energy Exposure is not as great or the reality isnt as great as the perception in this stock and we think its created an opportunity for investors. Other areas that we like are areas tied to infrastructure spending, like Eagle Materials
A hero. Ive been called a shero. Youve had your 15 minutes . Ive had my 15 minutes. I am so done. But if ever i see anything else on the train like they say, if you see something, say something. Im going to say something. You bet she will. Since all this happened, people have been messaging deanna on facebook. One of them had her own video of this very same man allegedly behind the same backpack. The news has traveled to the nypd, even the Police Commissioner responding today. Were going to have a lot more on this aspect of the story coming up at 6 00. Live at times square, stacey sager, channel 7 Eyewitness News. You can see the entire uncensored video of the subway interaction at abc7ny. We do warn you, the language may not be appropriate for everyone. The body of a woman in london missing for months has for her murder. One of them the victims friends. Prosecutors say the two may also be responsible for shooting Tyrita Julius before she disappeared. Eyewitness News Reporter aj ross i
I think we see more rain developing through the overnight period into the start of the day on tuesday. That can be the issue as far as flooding goes reinvigorating that flood threat into tuesday morning. A couple of showers are rake making their way through pasco county. Thats not the main event just yet. More showers making their way towards Citrus County and onshore through citrus counties. Heavy downpours on the extreme northwest corner there. Heres you look at rainfall totals back to saturday morning. Where you see the red there, the big area of orange and red, thats three to fivef rain. Parts of pasco and Hernando County have seen 11 or 12 inches of rain in that time span. It doesnt take more rain on top of that to cause more flooding concerns because of that flood watch remains in effect through tuesday evening. Well talk about when this in and look at the sevenday forecast in a bit. Mike, we know what happened last august in pasco county when we had several days of heavy rain li
Right now were watching this, more rain and plenty of it moving towards the coast on the radar now adding to the totals that already piled up over the last couple of days. What a soggy weekend. Look at the giant green blob with Companies Still under a flood watch. Right to mike bennett in for paul tonight. Its been deja shz vu. Each of the last three or four nights the coast and it moves onshore. You get that heavy rain lining up up and down the nature coast through Pinellas County down towards the suncoast as well. Heres how it looks. You saw it on sky tower radar. That heavy rain sitte just offshore. That will be working in as we head through the next couple of hours. I dont really see that as the threatening ra. Think we see moreain developing through the overnight period into the start of the day flooding goes reinvigorating that flood threat into tuesday morning. A couple of showers aree making their way through pasco county. Thats not the main event just yet. More showers making