From another cash infusion . Ben pace says hes expecting the Federal Reserve to announce another round of stimulus at the meeting next week. Is that what the markets really want right now . Ben pace joins me along with chris heize and rick santelli. Ben, lets talk fed policy. You think the fed announces qe4 next week . I think its the fact the twist operation is ending at the ends of the year, and they dont feel compelled to incrementally tighten that. That means it has to be replaced. Thats the qe4, the fact theyll continue to buy to continue to be just as easy as theyve been since the september 16th qe 3 announcement. So you think its a continuation. Whats the impact on the market, do you think . Is it priced in . Are we expecting that . What do you think . I think its generally priced in. The thing that concerns me the most is the effectiveness of Monetary Policy here is starting to get less and less as time goes on. The shock and awe impact we havent really seen. Its more of a fisc
Internals that are breaking down . Well have that coming up. James paulsen is not surprised by todays red arrows but hes also not worried. Hes here to talk about how hes playing the volatility. Is this a buying opportunity for him . It could be for you as well so stay tuned for that exclusive interview. Also, the fight over tesla continues. On friday on this program we had the arizona lawmaker who is now fighting to overturn that states ban of direct sales to consumers. Today the president of the Arizona Auto Dealers Association will join us exclusively presumably to give us the other side of that trade. That should be very interesting. Thats coming up later on the closing bell. So many people following that story. Here is whats happening in the markets. The dow is off 21 points as you can see there. Thats well off the session lows. Were climbing back towards positive territory, but still about 0. 1 to go. The nasdaq, this is the one getting all the attention. Its off 1. 2 . 50 points