French and belgian authorities look for one of the terrorists behind that attack. A fighter jet plummeting to the ground. That happened this morning, and initially weighed heavily on the markets. The dow is up about eight points, nasdaq down about 15 points. The s p 500 basically flat, it is off 1. 1 points. One of the reasons why the dow is holding in positive territory is the impact from oil companies. Youve got wti currently up by 3 . Gold on the back of the weaker dollar is also moving higher. If we can bring up the board convince again, currently 2. 234 . We begin with the big meeting you saw just a moment ago. President Obama Holding a News Conference at the white house with the french president hollande. John harwood is live at the white house. What was the takeaways . Reporter reporter a couple key takeaways. One, they agreed there would be an increase and expansion of the scope of air strikes and intensificati intensification. Hour. President hollande said, like the United Sta
And this morning the iea says it sees the oil glut worsening. The big reason, demand growth now is slowing while opecs out look continues to boom the ieac Global Market is supplied until at least the end of next year. Wti with 36 and change down another 1 . Even brent at 39 and natural gas, look at that, below the 2 mark. We were you messed it up yesterday. Halftime report we were up like 150 or something . Almost 200. Almost 200. We ended up, up 80. What did you do . Which guy was it do you think . Were you on the show. They were both there. Could have been either one. Or could have been each. But, you know what i think honestly what did happen, oil got weaker and weaker and in the old days if oil went down, it was party. Sit that people think its not as slower or. What is it . The iea saying its demand and not supply. Last two weeks we decided it was all supply. Every guy we had on said it was supply. Maybe its just that the shorts out there in the market are just leaning on it becau
Well begin with the markets. Stocks are higher after three days of losses. Take a look, though, at the price of crude. That is where the big story remains today. Oil hitting its lowest level in six years earlier, and that is just fine for our first guest, who is buying some of the stocks most impacted by the commodities rush. Welcome. Swron than, good to see you. Pleasure to be here. We didnt accumulate areas on weakness. The other stocks that are more commodity proxies, thing like Conco Phillips and eog that are more like to move up on a bounce. I got conco cutting their cap x. Chevron cutting its budget. Dividends in question perhaps. Some people wonder whatting weve seen in certain areas of the energy patch are going to come to big oil. Theyre going to be forced to cut their dividends. Youre not worried with that at all . What we see is opportunity. Clearly the pros currents was what creates the opportunity. Were all in this low return environment. Weve got negative real rates on th
Dagen things got worse for tony romo, left after injuring his collar again. Was it a break . Cheryl they dont know. Dagen i bet against her and i would have lost. Our top story this morning the fallout of turkish russian fighter jet. The u. S. Was aware of the flight path of the downed aircraft. Joining us john hart. Where does this go . We had the president of france meeting with Vladimir Putin yesterday and still pushing for cooperation but what does this means, where do we go . John lets talk about why we are here. We are seeing the consequences of what i call the Obama Doctrine and that doctrine says the United States should not have aForeign Policy until a theres a refugee crisis or b theres a terrorist attack, so the fact in syria theres been a power vacuum for years because the United States has not lead, Vladimir Putin recognized that, he stepped in and ill provide leadership. Putin is not interested in fighting terrorism. Hes interested in protecting assad the dictator and mai
Because historys on my side. Marty zweig,thats why. He was among the great titans of our industry. He knew more about the stock market than anyone ive ever known. I devourur anything he ever said. He was an inspiririon to me and millions of others. And he counselled me and others to try to make money in the central to his thesis of investing was, and i quote, dont fight the fed. When the fed was raising rates, you have to be cognizant that back to your face. A tail wind has become a head wind. Federal reserve e licies were dominant factors in determining the overall direction of the market. When it cut rates, bullish. You can say he was right then. What the heck, game over, turn the lights out. Nothing more could be done to make money. Not true. He also said to be flexibility and nondogmatic. So now, you know what . Im a little more skeptical. Marty made too much money with at philosophy and he made too much money for me with that philosophy and i cant go against it. As he wrote in win