Hour. If youre a regular viewer, you would know that. Well take you all the way to the close. Middle of the range so far in todays trade so far. You heard the brain trust. Pimco. You folks were having that last hour exclusively here on cnbc. Did they convince investors to stop pulling their money out of pimco in the wake of that shocking sudden departure of bill gross last week . Two Money Managers with skin in the game will tell us what theyre doing now. Thats coming up. A first on cnbc interview with nfl hall of fame joe namath announcing the creation of a neuro surgery center. Plus were getting the take on all thats been happening in the nfl, the controversy of ray rice and adrian peterson. You do not want to miss what he has to say. Joes not afraid to talk. Absolutely. Im sure he will have some thoughts and opinions about all those issues and certainly a lot of buzz as you can imagine here about that on the floor of the New York Stock Exchange. Right now, lets talk markets. One hou
Portfolio funds, and our own rick santelli. As mentioned, were seven points out from an alltime closing high on the Dow Jones Industrial average. Karen, whats it mean to you here . It means that we could definitely go higher. Its just a number, and everything is coming in better than expected, Economic Data, corporate earnings. So, i see us going higher for the rest of the year. Looks good. Everythings coming up roses. Michael pagino, do you agree . I would say those are all true, but for every one of those positives, theres a negative. You know, housing has slowed down, equity prices are not cheap, theyre fairly valued. So, values are harder to come by in the market. Youve got geopolitical risk that i think investors are largely ignoring at this point, its impact on economics, because everybodys been focused on the u. S. And the fed lately. And so, i think there are some negatives, but i would agree, as long as the moneys easy and corporate earnings and top line growth continue, then
Today a top analyst says miller has the june part right but it wont happen until june of 2016 one year after this market believes it will happen. Hes here to explain why he thinks first move from the ned wont come until then. And Union Battles are percolating across america. The port slowdown out west and the governor of illinois blocking unions from collecting fees from workers that benefit from union deals but are not actual members of the union themselves. Well talk to aflcio boss Richard Trumka. Hell join us exclusively with reaction. Basically, if you look at the broad market it brings us positive for the year. Dow currently up 140 points. Session highs give or take a couple. S p 500 2,067. And the nasdaq up 1. 25 . Joining us now, our Closing Bell Exchange karen cavanaugh, Mark Spellman from alpine funds, eric ristman from russell investments, ron wiener from Rdm Financial Group and our very own rick santelli. Okay. Lets kick off then with lets go to karen first. Karen, what is t