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Best day of the year, the dow has to add more than 198 points. Its having no trouble doing that right now, bill, but as we know, the last hour this year and, in fact, part of last year as well has often been when we see the market pull back a little bit. Weve seen rumors again, reports actually, we just confirmed about perhaps some russian activity in the Southern Region near chechnya. The russians tested an intercontinental ballistic missile. But we apparently already knew that about. It was a test that was already scheduled. It went successful, it was a nonevent so we move on. And move up. The markets moved up on that news. And a reminder, here is where we stand. The dow adding 235 points, 1. 5 , same for the s p 500 at 1,873. Less than 2 from 1,900 and the nasdaq adding almost 75, 4,351 is the level there. Strong day. Yes, it is. Lets talk about it in our closing bell exchange. Gemma godfrey from london. We have amy wu, dick burrige. Tom carsten and our own Rick Santelli. Ji gemma,
New-yorkUnited-statesArkansasMoscowMoskvaRussiaJapanTexasIranArgentinaKievUkraine-generalI do worry about the work ethic thats kind of developing in this country. Food stamps up from 17 to 47. Social Security Disability 3 to 9. Unlimited unemployment benefits. I dont think that was the work ethic that our Founding Fathers thought about. I hope as we recover a number of things, well reestablish the need and interest in working. For me, as far as this whole sequestration goes, i think we need to differentiate between tax hikes and spending cuts. Last year it was tax heights that plunged into a recession. The fiscal cliff was a big deal. Sequestration is not a big deal, because Government Spending needs to go down. The market knows that. If they suspended it and pushed it off, it would probably be worse for the markets than actually having it go through. Gentlemen, thank you both for being here this morning. Its been wonderful. We appreciate it. Make sure to join us tomorrow. Right now its time for squawk on the street. All right. Good morning. Im david faber along with, yes,
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