By and by down by the sleigh well wander, sweethearts you and i wait til the sunshines, nelly, by and by terrific. Merry christmas, everybody and one of the traditions is to bring children and grandchildren down on the floor. Theres a number of them here today. Tell me your name. Shannon youre the daughter of a retired member, right . Yes. His name . Michael spidaro do you know why the New York Stock Exchange is important . It makes new companies and businesses thats the right answer thanks mike, one of the big traders for gts does all of the Retail Stocks your work through the year, keeping the markets moving and keeping liquidity in the market. Thank you, bob. Merry christmas. Art cashin, 55 years, started almost this day, 1964. Thats correct. In the same book as John D Rockefeller and jpmorgan they were just a touch older than i am. Lets hope youll outlive them all by a long way thanks very much Merry Christmas. Thank you all for coming down for a great tradition that goes back 150
Lunch. The crypt o hits the fan im Tyler Mathisen the dow down and off to the worst week in two years. Energy is getting walloped apple shares on pace for the worst week in more than three months bond yields, this is the story, folks of the week. Maybe the story of the year. The 30year bond yield now above 3 highest level since march. The benchmark ten year jumping to a fouryear high above 2. 8 Steve Liesman is the man and he is joining us for the hour thanks, tyler im steveliesman we begin with the market, selloff concerns about Rising Interest Rates a big reason why. Bob pisani is at the New York Stock Exchange where weve just crossed the down 400 park. We bottom but the bad news is were not rising were sitting near the bottom and paralleling the 10year yield. We hit the highs about 2. 85 that was about 10 00 eastern time and that was when the market essentially stopped going down you could see it moves sideways. Take a look at the s p 500 and weve been moving sideways since 10 00. B
Screeria nigeria. Rtions of the Arctic National wildlife refuge. This hearing is 2 1 2 hours. Call the hearing to order this morning. Were here this morning with secretary jewell and mr. Connor, thank you both for being here. Were here to review the president s budget request for the department of the interior for fiscal year 2016. I just want to make sure i got the chart. And im going to spend a little bit of my time here this morning in opening comments to talk about the many ways in which this administration and the actions are having impact, negative impact in hurting my state. Secretary jewell, you and i have had many opportunities to visit oneonone, as well as your trip to alaska which i appreciate you making last week and i dont want to make this personal, but the decisions from interior have lacked balance and instead of recognizing the many opportunities that alaska has with regard to resource production you have enabled an unprecedented attack on our act to responsibly bring
Youre on with blake and melanie. Caller hi, good morning. The issue that i have is photo 2r56k tickets. I have a photo traffic ticket and i failed to appear, and then they suspended my license and jeopardized my livelihood to get to work. And both tickets are unconstitutional because theres no officer that can vouch in court that you violated a traffic violation. So if i can get you to explain how a City Government can coordinate with the dmv to suspend my license for a traffic ticket thats unconstitutional, because no officers were there present when the photo was taken. You want to take a photo traffic ticket . This is a great story to bring up we have heard this from a lot of the people we talked to they go into the dmv and they cant get their license renewed because they have these outstanding tickets, a lot of people we talk to, they see the picture that was taken and one guy named john wright said that he was sent a picture of a bmw, and said that he ran some toll or got a parkin