27 years. stores really do not mind that people are waiting until the last minute to buy. in fact, businesses anticipate the procrastinator rush, especially when you consider that the national retail federation tells us that half of americans wait until they re shopping just this week before christmas. another reason why there are so many deals to be had in this final stretch. i think the retailers are generate ago lot of cash flow. their margin also be lower because of the deep discounting that s going on. you re getting these certificates mailed to your home, come in, spend so many dollars, we ll give you a 15% credit. this is very crucial because it s estimated that about 40% of a retailer s profit for the entire year comes from holiday sales. so a lot of people have their eyes on those numbers. but gregg, judging by the crowds here at the grove in l.a., folks are certainly out here trying to snatch up those last minute
is that it? well, that s one of the reasons. but also with all of the money that s been printed and the inflationary pressure, you will see interest rates rise. the short run excuse me, on the short end, you won t see those rates rise. but the long end, rates will rise and that will hurt bonds. anybody owning a bond fund, gregg, should get out of of that and get into money market. i m telling you right now, get out of those bond funds. if you look at the average 401(k) and even iras and so forth that are managed, you ve got choices to make. you can be a large cap, small cap, international growth funds and so forth. where should we be, in your judgment? i would have about 30% in large cap value. 30% in large cap growth. have no money in small cap growth. have somewhere around 20% in small cap value. and have money in emerging markets, but stay away from developed international markets. those are still going to be
this is process down. i find a lot of times as i m about to go into an exam room, the patient is reading their notes and i think that s fine. but sometimes the questions they ask are excess worry driven. a lot of the times here is the bottom line, gregg. i want the opportunity to explain this to patients. if they want to read their notes, fine. but i have to have a chance to explain what i mean. gregg: thanks very much for being with us. that will do it for us this christmas eve. thank you for watching. very merry christmas to everybody. the fox report is coming up next. have a great night. holy night all is calm cash. according to research, everybody likes more cash. well, almost everybody. would you like 50% more cash? no!
forth. that s going to mean more time for you trying to communicate with the patient. cause they re going to have a million questions. no question about it. and a significant number of doctors surveyed, and this worries me, too said they re going to write different notes. if they know a patient is looking issues they you as an attorney may zero in on that. you asked me before we came on if you thought there was a risk if i thought there was a risk of legal issues. i really don t. i don t see this as a risk of malpractice, but doctors might write more defensive notes knowing a patient is looking. gregg: i see this in terms of tort litigation and liability for doctors. those notes could arguably be misread by lawyers in litigation and thus, they could be used against you. although generally speaking, lawyers are able to get their hands on medical records. can patients get their hands routinely on their records, but not notes? they can get their hands on both right now, by th
this year, times got too tough and they actually had to take from the program. gregg: we wish them all well and merry christmas. elizabeth, thanks very much. merry christmas. gregg: speaking of which, nor ad is tracking santa claus. not only is he bringing gifts to kids all over the world this christmas eve, he is breaking records along the way. the north american aero space command has 100,000 likes on their page and they have received a record number of calls from people wanting to know santa s precise location. right now i can tell you this, we just updated this 30 seconds ago. he is flying over monte carlo in monaco. he s not going to stop by for black jack. he s heading straight for andora. he was just in paris minutes ago. you can track santa yourself at