Another busy day for earnings after the bell. Cvs and news corp. Will lead the charge. Well have analysis of all the numbers. Before we get to all of that, lets look at where we are in the markets right now. The markets have been whipsawed today by International Tensions. The dow down as much earlier in the session as 93 points. Right now were down about 75 so we are headed back towards the low, 16,368 is the level there. Nasdaq is off 15 points. S p 500 is off ten. Tyler, it is now down to 1,910. Joining our Closing Bell Exchange this hour, heather hughes, meg green, larry mcdonald, and our very own rick santelli. Welcome, one and all. Rick, id like to go back to something that you showed graphically. Might not work quite as well without your graphics. On power lunch, you looked at the performance of some bond charts versus the equity charts. Would you sum up what you were saying there . I will. As a matter of fact, were going to be showing those same charts right now as i talk. If yo
Supervisor wiener, aye, yee, aye, supervisor avalos, aye, supervisor breed, aye, campos aye, chiu aye, supervisor cohen, aye. There are 11 ayes. President david chiu thank you. Next item. City clerk sf 27. Antiarab and antimuslim bus advertisements. This board took a unanimous vote against bus ads and we appreciate how unfortunate it is again that we are back in this situation. I would ask this board stand up again condemning these ads and i appreciate the public coming together to stand with our local residents since 911 who have been subjected to significant discrimination and hate crimes in the aftermath of that tragedy event. With that, clooez, colleagues, i ask for your support. Supervisors wiener . Supervisor scott weiner thank you. I support this. I think these ads are vial and disgusting. I know the 1st amendment is what it is. Its unfortunate that our public buses have to be will littered with these reprehensible ads. Icon democracy condemn them and will be supporting this res
Supervisor wiener, aye, yee, aye, supervisor avalos, aye, supervisor breed, aye, campos aye, chiu aye, supervisor cohen, aye. There are 11 ayes. President david chiu thank you. Next item. City clerk sf 27. Antiarab and antimuslim bus advertisements. This board took a unanimous vote against bus ads and we appreciate how unfortunate it is again that we are back in this situation. I would ask this board stand up again condemning these ads and i appreciate the public coming together to stand with our local residents since 911 who have been subjected to significant discrimination and hate crimes in the aftermath of that tragedy event. With that, clooez, colleagues, i ask for your support. Supervisors wiener . Supervisor scott weiner thank you. I support this. I think these ads are vial and disgusting. I know the 1st amendment is what it is. Its unfortunate that our public buses have to be will littered with these reprehensible ads. Icon democracy condemn them and will be supporting this res
Antiarab and antimuslim bus advertisements. This board took a unanimous vote against bus ads and we appreciate how unfortunate it is again that we are back in this situation. I would ask this board stand up again condemning these ads and i appreciate the public coming together to stand with our local residents since 911 who have been subjected to significant discrimination and hate crimes in the aftermath of that tragedy event. With that, clooez, colleagues, i ask for your support. Supervisors wiener . Supervisor scott weiner thank you. I support this. I think these ads are vial and disgusting. I know the 1st amendment is what it is. Its unfortunate that our public buses have to be will littered with these reprehensible ads. Icon democracy condemn them and will be supporting this resolution. This is not only the ads of this nature that have been run on muni, last year i also stood with the community and condemning these ads in fact the Jewish Community came forward to condemn the antia
March of 2011. We start off much like europe with weaker than expected pmis. Will that paint the first big data picture and supply information for the rest of the year . Im not sure. We just breached that big settlement from october 15th at 2. 14. The 10 year at 2. 13 bund getting closer to 40 basis point handle. Unbelievable the money into bonds. Lets bring in david rosenberg. Anything to worry about there with the miss in manufacturing . Its still a pretty strong number. Well its a diffusion index. 55. 5 is telling you net on net Manufacturing Activity despite all the problems globally in the u. S. Is still expanding. Its just expanding at a more moderate rate than it has been over the course of the past few months. Its still positive for manufacturing. Just less so. To me it still consistent with an economy id say chugging along roughly 3 trend rate of growth right now. Which is good. Its been a 2 economy since the financial crisis. Well take that 3 . We are starting off the new yea