For 2013. Always nice to see you smiling on our show. Thanks a lot. My predictions are going to get your viewers smiling even more, because i dont think anyone really believes weve had a good year in 2012, but i think were going to do even better in 2013, and my predictions 1700 on the s p 500 and over 15,000 on the dow. Do you believe it . But you heard it here first. Anything is possible. Tell us what you are basing that upon. First of all, the Economic News is the best we have had in years angie. Employment is coming back, housing is doing well, corporations are doing well, and, you know, once we get through the fiscal cliff stuff, i think it is going to make people finally make the transactions, get hiring and investing, and make a good story already even better. Realize in 2012, many indexes went up about 15 . So dont you think we could rip off a 20 year . And even if we get close to that, we are going to hit new highs in the s p 500 and the dow. Something that is always noticeabl
Thequeen and one statement by Ozzie Osbourne i mourn with my country the passing of our queen with a heavy heart, it is devastating the thought of england without Queen Elizabeth ii. Valerie castro, thanks very much lets get back to the white house now where theres been a change in plans for the president. Our senior White House Correspondent kayla taush standing by live there now the pool that had been gathered for the president s prescheduled remarks has dispersed, awaiting any statement from the president as you know to come after the pm herself speaks from 10 downing here at the white house we are waiting to see those flags get moved to halfstaff as they so often do when there is a passing of this significance just down pennsylvania avenue, House Speaker nancy pelosi has ordered flags there to be flown at halfmast and they are already being done so there. Of course, we are continuing to get new news about what transpired here at the white house throughout the day as the president w
Cocacola. Ibm reporting weak numbers in guidance yesterday. Today coke released numbers. As you can see from stock prices they are tumbling. Coke not happy. Right now it is down about 6 . Ibm down 4 and mcdonalds off about 1 at 90. 68. We will focus a lot of our attention on these iconic american companies, the bluest of the blue chips. The problems many big caps are having and maybe leave you to big caps of the future. Sue picks up the story from there at the new york stock exchange. With the market up triple digits, mcdonalds, cocacola and ibm not participating. The big question is can the companies and the stocks that we have all known and held for decades either as individuals or major components of our mutual funds reinvent themselves so that we can reinvest in them and how they are going to do that is the big question and the theme for us this hour. Bob is here on the floor. Cocacola disappointing, mcdonalds disappointing and in some cases the guidance isnt good. This is alarming
Thanks a lot. My predictions are going to get your viewers smiling even more, because i dont think anyone really believes weve had a good year in 2012, but i think were going to do even better in 2013, and my predictions 1700 on the s p 500 and over 15,000 on the dow. Do you believe it . But you heard it here first. Anything is possible. Tell us what you are basing that upon. First of all, the Economic News is the best we have had in years angie. Employment is coming back, housing is doing well, corporations are doing well, and, you know, once we get through the fiscal cliff stuff, i think it is going to make people finally make the transactions, get hiring and investing, and make a good story already even better. Realize in 2012, many indexes went up about 15 . So dont you think we could rip off a 20 year . And even if we get close to that, we are going to hit new highs in the s p 500 and the dow. Something that is always noticeable in the market, as you know matt it is the best time