Anthony scare my think from skybridge capital. You hate when i do this, dont you. Melissa you are the tweeting or texting breaking news. Im telling them im on the show. Melissa people are right there out in front of you. You dont need to weet to them. Sometimes i wann them to know. You know. It does work on occasion. Melissa okay. So the combination, republicans controlling both houses, the presidency and democratic hands, that historically generally. You know, statistically that has been the best. I would say one caveat to that is, in this case because it looks like republicans are going to win. We dont know how much, and say they have a decent mandate. They pick up seven seats. You would think that president obama would play ball with them on some degree of regulatory reform, on some degree of tax reform and Obama Melissa maybe it is not that. Maybe like true deadlock with a president and congress with true deadlock. Is in the president goes on the offensive, grants massive amnesty f
Melissa stocks seeing red. The dow plunging more than 200 points with a mixed bag of economic reports. Leading some to fear that Interest Rates may soon be on the rise. Investors also skiddish following a report that isis is plotting imminent attacks on subways here in the u. S. And in paris. Lets bring in todays panel. Fox business as own Charlie Gasparino. We have dan schaefer also from schaefer asset management. Todd schoenberger of jay striker asset management. Thanks to all three of you joining us. What do you think has the markets on edge today . I think it is Interest Rate fears. One of the fed governors, i forget which one, because of strong dollar. Melissa dudley, right. New york fed president. One of the governors or president of a branch of the fed. Melissa anyway. Because of the strong dollar, inflation will be subdued therefore the fed wont have to raise interest its. That sent the market up. People are looking at strong dollar news as potential for deflation. Where you mi
Melissa military strikes against isis move proving more costly than first expected the pentagon upping price tag to 10 million a day, higher than initial estimates. President obama rallying support for his strategy with another national tv appearance, with Approval Ratings hovering near personal lows. He will appear on 60 minutes this sunday. Here to discuss it all, Charlie Gasparino, James Freeman of the wall street journal, james frischling, president of new oak. 60 minutes, is this the way to go . James, go ahead. Charlie passes on that. So. I think, 10 million a day, thats fine. Of the probably ought to be a little higher right now where out in the open. Remember were not, this is not a discussion whether we ought to try to run syria or runner rack. It is just, do we want to take out terrorists who would like to kill us . At that price, 3. 6 billion a year, less than 1 of the defense budget. Melissa how about taking strategy to 60 minutes on sunday. Better than going on in between
Dierdre the markets melissa markets in the mid of a rally, up50 points despite us air strikes in iraq and continuing bloodshed in the gaza strip. Two use fighter jets dropped 500pound bombs on isis strongholds just outside the kurdish capital of erbil. President obama reversing policy authorizing military action saying, quote, america is coming to help. We have James Frischling and barrons Senior Editor jack hough. How do you explain the Market Reaction to all this . If the markets were tanking we would blame it on the bombing. Melissa absolutely. I dont think there is any connection. What peel look at with stocks. There is possibility of fed unwinding stimulus on the market. That could hurt. You think about why the fed is doing that. Because the Economic News is pretty good. I think in the long run this pause in stock returns is good news for stock investors. I think there are some buying opportunities. Melissa james, the world is falling apart though the why doesnt the market seem wo
To the malaysian flight 17 crash site by advocating for peaceful solution to the conflict. My purpose is finding a diplomatic solution within ukraine. I believe that can still happen. That is my preference today and will continue to be my preference. Melissa joining me our very own charlie gasparino. We have diversified financials dominic tavella, director of institute for new economic thinking. Marshall your back. Youre new to the table. I let you go first. What do you think about all this. I would like to be part of the nsa and listen to the conversation between Angela Merkel and Vladmir Putin because i think that will be much more morn conversation. Melissa what do you think theyre talking about there . Boy, this thing has gotten way out of hand. I think that is exactly what they have been talking b she has been recalcitrant. She has leverage. She is only person that get him to step back. I dont think president obama can do it. Melissa markets taking comfort what the president said,