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Transcripts For FBC Markets Now 20140108

On private sector jobs growth from the adb, treasury stumbling, the ten year yield hitting 75 earlier, waiting with the fed minutes at 2 00 eastern. A lot of expectations, this is sending stocks lower today. What is your take on this . If you look at the big picture it reminds me of americas funniest videos, wobbling on a high school the fed took the training wheels off of. Bond market reacted accordingly with strength of the u. S. Economic conditions, the stock market, we have fear in the market is indicated by the vix, trading up today, but those numbers are positive and for the longterm investor you should be buying when stocks go on sale like they did today. Lori thank you so much. Dennis oil is also selling off after the weekly inventory report hit its lowest level in five weeks. What is up . The bottom line is despite the drawdown in crude oil supplies we got hit with a massive increase in gasoline supplies, refiners are running like crazy, taking the advantage of cheap crude, tu

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