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Transcripts For FBC MONEY With Melissa Francis 20140805

This is the session low. Look what is hit the hardest, Energy Stocks and exxon dragging down the dow. Chevron as well. Some technology, intel. Look at that dropoff. What do you think, charlie . Well i wrote a column earlier in the week in the New York Post i said this will be the new norm for the markets. Listen, heres the problem that janet yellen. Melissa you mean volatility. Volatility and steep drops. Here is the problem janet yellen has. There are pockets of inflation out there. Weve been keeping Interest Rates at near zero for what, five years now . We are tapering, but that is not, were still printing a lot of money. It really hasnt helped the economy. At some point you have to rely on the underlying economy for the markets to keep going up. When traders look at underlying economy, it is not that great. Melissa yeah. I dont know if it is merits 17,000 on the dow. Melissa jack what do you think . Look at that dropoff. We saw a spike in the vix. Investors will drive themselves cra

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