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FBC Markets Now January 2, 2013

The industry setting up to get really pummeled if they dont doing do something about sequestering. Back down to the floor of the new york stock exchange, happy new year, first time seeing you, nicole. Whats the word on the floor this morning . A lot of optimism. Happy new year to you as well. A lot of optimism, positive stocks here, up arrows, vix, fear insex, and five year low, youre seeing deals moving higher today, 1. 83 for the tenyear, gains across the board, all of this, obviously, a couple thicks happening here. Number one, you have lawmakers in washington averting the fiscal cliff, coming to a decision, avoiding disaster, potentially, and with that, theres on optimism here on wall street, s p 500 up 1. 7 , and dow up 226 right now, winners, people stepping in, had been on the sidelines, cashed out in december and throughout last year, concerned about taxes. They took profits and are going to get back in, traders say well see the january effect where people get in here and get b

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