right here. before, before iran completes the second stage of nuclear enrichment, necessary to make a bomb. melissa: that was israeli prime minister benjamin netanyahu calling for a red line to be drawn over iran s nuclear program. that is our top story. netanyahu is taking a tough stance but will the u.s. back him up if israel goes to war with iran? i m joined by fox news middle east analyst and author of the coming revolution, walid freire rest. thanks for coming back to the show. we appreciate your time. it was a pretty dramatic statement to stand up before the u.n. with his board. it was a little wiley coyote roadrunner with the bomb in front of him. as simple as it was, it made his point. did he make progress? he did make progress in the sense he finally delivered himself the image he wanted to deliver first to the iranian regime telling ahmadinejad who spoke before him now the international community is informed on the one hand. also he is informing the american publi
slowly, but surely, i think slowly but surely will continue to do the same thing in the fourth quarter. maybe a boring fourth-quarter, but i think a slight upturn. liz: wait a minute. bobby went corporate. i cannot believe this new look. not exactly. liz: there is a ponytail in the back. let s get to the cme. he has really looked very much the same over the past several years. he focuses on what he does best which is the cme trading pits. we had a very nice september. it does. when the fed pulled out all the plugs and you get the ecb to pull them out, where are you going? if you want to fight that money pit, you are on your own. they can throw all the bad news out at you. we will go right into the christmas season on relatively good suiting. it is the last hour of trading today and anything can happen. it will be money moving all over the board. you can have that end of the month quarter. borrowing that, i would say deep rates should be taught. liz: i agree with you. you
let s not forget we also had a dismal report on durable goods orders, once again showing weakness in this economy. investors not worried about these numbers today. we got decent news out of europe and china this morning. either way, we re asking if investors should think twice before buying into this kind of a rally based on what the u.s. economy is telling us right now. let s talk about it in today s closing bell exchange. we have larry blazer from mayflower advisers and our own rick santelli and mandy drury. larry glazer, you happen to believe that economically there s an iceberg dead ahead. this market doesn t act like it today. no, it doesn t. you can see today investors are so focused on the global stimlouse story that they re missing the big picture. the big picture is the fact that the economic data, particularly global manufacturing data, is absolutely rolling over. look at chinese manufacturing, down 11 months in a row. you hit the nail on the head. gdp, durabl
right here. before, before iran completes the second stage of nuclear enrichment, necessary to make a bomb. melissa: that was israeli prime minister benjamin netanyahu calling for a red line to be drawn over iran s nuclear program. that is our top story. netanyahu is taking a tough stance but will the u.s. back him up if israel goes to war with iran? i m joined by fox news middle east analyst and author of the coming revolution, walid freire rest. thanks for coming back to the show. we appreciate your time. it was a pretty dramatic statement to stand up before the u.n. with his board. it was a little wiley coyote roadrunner with the bomb in front of him. as simple as it was, it made his point. did he make progress? he did make progress in the sense he finally delivered himself the image he wanted to deliver first to the iranian regime telling ahmadinejad who spoke before him now the international community is informed on the one hand. also he is informing the american publi
down 13.2. that is twice the drop that wall street was expecting. and then jobless claims, of course, plunging to a two-month low, down 26,000. interesting data. somebody pointed out at mkm that boeing had an order for a single plane in the month of august versus 260 in july. so unless you strip out transports, it s a little volatile on durables today. wow. unclear on how much of that is europe as well and what impact that s having. certainly this is a negative. and as you pointed out, much worse than had been anticipated, how much the market s going to digest, they re taking into account this morning, unclear. and contrast that with at least a little better luck on the claims. right. and if there is some sort of move out of china, which many are at least talking about this morning, not necessarily expecting, but talking about this morning, that edge could be lifted a little bit because it will help, obviously, the european picture as well as the u.s. picture if there