In perhaps, germany and spain, some more muted declines. U. S. Equity futures are looking a little bit better this morning. At this point, the dow futures are up by about 46 points above fair value. But i dont think how much faith you put in these implied opens at this point. What is indicated now is not necessarily how the day ends up, but it is certainly something to watch and see. The fed did decide to trim bond purchases. It was the Central Banks first unanimous vote on policy since june 2011. The fed made no reference to the selloff in emerging markets. They didnt talk about that, they didnt mention the cold weather. But the fed stood pat and this is an enormonormous decision. Joe, you are looking righter and righter on that call. And im not happy about it. I dont want the globe to slowdown. No, no, no. I just did the math. 75 divided by 1850. Were at the s p were at 1774. So its down from 1850. So 7. 5 divided by 1850 is exactly 4 . When you put it in those terms, a decline of 4
Twitter isnt the only stock to do that this year. Coming up, well name names and tell you what this could all mean for another huge ipo. Stay tuned for that. We were taking bets on where it will price. See how all that shakes out. It turns out that it is not true that the socalled wealthy pay the most income tax in america. Jane wells has learned that they pay all the income tax. 106 of income taxes. You heard that right. They pay more than 100 . How is that possible . Stay tuned for this stunning report. And lets check the markets right now. The final hour of the day, pretty much a down day across the board for the major averages. The dow jones is actually an outperformer helped by mastercard. Helped by home depot as well in there but down about 87 points at the moment. The nasdaq is still off. Clutching that 4,000 level. The s p 500 has shed 15 points and got below 1790 as we speak. Maryann bartels from merrill lynch, Adam Thurgood and done shriver from wbmi funds. What do we make of