Happens. Its totally lacking in rigger but it happens all the time around here and thats what throwing us off today sending the dow dipping, nasdaq loss 0. 14 . Let me explain what im talking about so you can see how a bullish situation gets turned into a bearish one by mepessimists who want it bo way. Sell, sell, sell. And sell, sell, sell. This morning we awoke to a story of how the chinese are cooling to them. Oh, boy, did that freak people out. Shares came in for sale at the opening because of the chinese perhaps dumping the treasury you know the dow is down 100 points in lightning speed on that one of the principle worries of Portfolio Managers there is no inflection in the yield curve meaning youre almost getting the same return from shortterm treasuries as you are from longer term ones that puts news a situation where we have whats known as a flat yield curve. Something that is often a precurser to a recession makes sense fed raises rates too quickly, falls off and the economy w
Long. Please excuse me. I assured our colleagues at the allowed the hague were to investigate. We are going to insist on the truth. Thank you. About youro ask you conversations with president clinton about syria. D will predicted assa leave power through a peaceful transition. To do you convince assad participate in a transition that leads to his own ouster . How long will the u. S. Wait for russia to come around . Rov, your government and United States government seem to be miles apart you feel that you cleared up any of those issues you mentioned earlier today since youve had those discussions with secretary tillerson . Sec. Tillerson we did discuss at length the future role for assad, whether it be a future political process or not. Clearly come our view is the reign of the assad family is going to coming to an end. They brought this on themselves with the conduct of the war these past three years. We discussed our view that russia is their closest ally in the conflict, perhaps has
Long. Please excuse me. I assured our colleagues at the allowed the hague were to investigate. We are going to insist on the truth. Thank you. About youro ask you conversations with president clinton about syria. D will predicted assa leave power through a peaceful transition. To do you convince assad participate in a transition that leads to his own ouster . How long will the u. S. Wait for russia to come around . Rov, your government and United States government seem to be miles apart you feel that you cleared up any of those issues you mentioned earlier today since youve had those discussions with secretary tillerson . Sec. Tillerson we did discuss at length the future role for assad, whether it be a future political process or not. Clearly come our view is the reign of the assad family is going to coming to an end. They brought this on themselves with the conduct of the war these past three years. We discussed our view that russia is their closest ally in the conflict, perhaps has
Long. Please excuse me. I assured our colleagues at the allowed the hague were to investigate. We are going to insist on the truth. Thank you. About youro ask you conversations with president clinton about syria. D will predicted assa leave power through a peaceful transition. To do you convince assad participate in a transition that leads to his own ouster . How long will the u. S. Wait for russia to come around . Rov, your government and United States government seem to be miles apart you feel that you cleared up any of those issues you mentioned earlier today since youve had those discussions with secretary tillerson . Sec. Tillerson we did discuss at length the future role for assad, whether it be a future political process or not. Clearly come our view is the reign of the assad family is going to coming to an end. They brought this on themselves with the conduct of the war these past three years. We discussed our view that russia is their closest ally in the conflict, perhaps has
Jetblue David Neeleman joins us. Lots to speak with him about and his newest project which has nothing to do with airlines. Instead it centers on genetically driven health care. Always interesting with David Neeleman so stay tuned for that one. Apple stock continues to climb after splitting 7 for 1 and there are reports now that could make the 3 billion beats deal make a lot more sense. Is apple about to change the head phone port on its devices so that all older head phones are obsolete . Story is getting a lot of buzz and making a lot of people angry. Well have that story ahead on closing bell. Take a look at the markets. Dow down 13 points for the last several hours. And as we continue to follow the major averages. Theres the nasdaq up about 40 points. Joining our closing bell exchange, weve got monica meta, doug sandler from river front Investment Group and marty from premiere Wealth Management and Kenny Polcari here. Welcome to everybody. Kenny, concerned about markets here, encou