Interest rates. Will the fed listen. What does it mean for your money. Muscle cars are back. The detroit ought show auto show kicks off. About high gas mileage and horse power. Those that know about sports cars are salivating about this vehicle. Gerri were previewing the rival that is trying to win back american hearts. We have that on the willis report where consumers are our business. We begin tonight with new questions about americas Political Leadership and a rare admission from the white house that it made a mistake. The mistake they say, not sending a higherprofile figure to the weekend antiterror march in paris. That rally drew political leaders from all other world. Conspicuously absent was anyone from the Obama Administration. With us now, democratic strategist and Fox News Contributor doug schoen and National Review editor rich lowery. Doug i will start with you. Sure. Gerri you say the president has abdicated Global Leadership this move . We have the really singular nation t
Eric anderson on his companys efforts and big money backers. Eric schmidt and richard branson. If you are looking to buy it has lockhart in new jersey you need to do it by april 1st, tesla announced it will leave the state by the end of the month after it lost a battle to keep its direct sales model live in the garden state. New jersey is the third sta ban tesla from selling cars to consumers directly and not through a franchise dealer should. Our next guest led the charge in his own state, jim apples and is from the automotive retailer federation. He joins us. Why would you say this is a win for consumers. Sounds to me like it is not a win for consumers. Let me start by saying i admire the tesla product, it is innovative but the tesla operation is what most analysts think is an unwise, and the new jersey unlawful distribution method. Adam no one disagrees the law is specific in new jersey but why is that good in new jersey . , not like cellphones and tesla is trying to make a direct f
That is the highest level since early june. For the week prices were up 1. 9 . Adam Global Markets in advance discussions to merge with direct edge. That would create the worlds second biggest market operator. Liz moodys threatening to downgrade several big Financial Firms saying the government will more likely let large banks fail. If moodys follows through it could lower ratings of names like goldman sachs, jpmorgan and morgan stanley. Adam are you ready for football . Ad slots for the 2014 super bowl are 85 sold out that is according to fox sports. 90 of the space is expected to be sold by the time the nfl season kicks off in less than two weeks. After the bell starts right now. Liz what a week of news flow this entire week. So much happened for the markets. Lets break all the action. Sandy lincoln bmo chief Market Strategist and Mark Sebastion in the pits of cme. Mark, to you first. We finish out a week with drama and trauma. Lets talk about the headline that you feel is most impor
Down to about 17 change. People were really upset. You can see, the volume improving greatly as mobil ad revenue is good news. Adam all right. Coming up later we will dig into the facebook earnings with michael factor from wedbush securities. Lori a preview. Can be crash made by their competitor is crushing them. We will set you up for that as well. In the meantime, Worldwide Energy consumption is set to surge according to a new report from the apartment of energy. Global energy use will grow 56 compared with 2010 levels because of transportation and electricity demands. Half of that growth will come from china and india. The bullish report doing very little to spur prices in trading today. Of course that is a forward looking report weigh on the future. Lets check in with fox business contributor to phil flynn in the pits of the cme. It is interesting here to know, consumption of natural gas is expected to grow faster than oil or coal. And that is the most amazing thing about this repo
We also saw the fiveyear period i think this is interesting. 1. 62 for the five year period what was it like . A lot of whiplash going on. We are always looking at light volume. Again, we will be seeing a lot of up and down trading for the next few weeks. We will wait for the next fed meeting. Then all the speculators will be thinking the same thing, like they were. They were looking at a specific date. None of that happened. We will continue to see the whiplash for the near future. Liz i found it interesting that you said everyone wanted a part of this. Mark newton, what can we expect as we look toward the next meeting . We are still in a very seasonably bearish month. On a monthly basis, stocks are still quite overbought. I am a little more bearish, i think, over the next couple weeks. The s p still has a good shot at pulling back. Liz okay. Let me get to something that certainly matters to a lot of people. Oil dropping more than one dollar. What is that about . Major news in the mid