stocks looking good. the dow up about 6%. best first quarter in 13 years even as oil keeps gushing higher and unrest around the world rach cheting higher. what to make of it? we are on top of it with chris conor of schwab and bill at the chicago mercantile exchange. we begin with chris. what is going on, chris? i will give you two letters and a number. qe 2 and i m not talking about a ship. i m talking about the federal reserve policy of pumping massive liquidity into the economy. what this is doing is keeping interest rates low, keeping the value of the dollar low which is great for our exports for the value of our exports so essentially it is helping the economy move forward but there is a side effect and this is a called inflation. i know you willle talk to phil flynn and he will have more on this that. but stock in vetors aren t worried about that.
sheets which also helps. and then this thing. there aren t a whole lot of alternatives out there. what are you going to put your money in the money market and earn 5 0.79%? no. invest in real estate? no. all the money on the sideline they are looking at the landscape and saying stocks, well, that is my best option. neil: thank you have very much, chris. the qe 2, quantitative ease. the federal deserve buying up treasury notes and bonds to support the market and the economy and keep the flow, a lot of folks say artificially. all that has been good news for wall street. not necessarily for main street. while stocks are up, so are gas prices. is not new yous to you folks. $3.61 today. up more than 50 cents in the last three months and with no end in sight and the violence up there just escalating in the middle east even higher prices in the cards over here. to phil flynn over at the chicago mercantile exchange.