Dominate bonds surging, yields making new record lows today as the tenyear fell below 0. 9 opec backed the biggers cut, dependent on russias approval is thats all to come. Joining us for the first full hour, stover any link. Interesting to me, though. Week to date, only three sectors are in the red week to date the s p is up a couple . Today was basically just within yesterdays range. It is the market finding out to whats notable, though is the cyclical areas of the market getting brutally hit so were essentially pricing in a steeper slowdown today its not really just oh, the big tech stocks that were up what do you do on a day like today . Stay calm. The day to day action is taggers. What the implication is, earnings to the conomy, we cant model out that none of that so im looking at copper, looking at the tenyear. Im going to feel better im kind of quality upping my portfolio. I bought united last week. We talked about 300 to 250, nike 104 down to 85 with a 5. 1 dividend yield. And i
Fourth quarter is underway but investors are facing a wall of worry. But so far the script hasnt changed. Growth stocks higher, bond yields in orbit. Confusion. Were trying to tackle this. Weve got the issues facing with us and wonder if it is happening during the calendar. Well break it down. Blackrocks larry fink is not helping the situation. He says he sees more fear than anytime. Anytime . Why these billionaire masters of the universe expressing fear . Im not sure that is how they got filthy rich. Tweet me cvpayne. Are you buying that . The modern day scab, worse than toads and vampires combined. I will explain that later in the show in my take. All that and more on making money. Charles all right, so we can put a Government Shutdown on the backburner. Lets face it, despite the hype nobody really cared, nobody on wall street really cared about that instead i have the list here of the top concerns for investors. Here is what is interesting. Recession last month came in a little bit
Mission critical rise above d. C. Welcome back to our continuing coverage, Mission Critical rise above d. C. Weve been here all morning long. While weve been here on capitol hill, weve been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. In the last hour we sat down with Grover Norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. He also added he thinks House Speaker boehner has been a good leader during the fiscal cliff negotiations. And then we were joined by bob corker and bob conrad. Corker said we need to focus more on entitlements now, and he will not sign any package that doesnt deal with entitlements at this point. Conrad said more, not less, should be included in some sort of a big deal. By big deal, he means over 4 trillion. We are now just 20 days away from the fiscal cliff deadline. We continue to bring both sides of the aisle to sit down together. Co
Into next year, despite his proclaiming of bringing the wharf to a responsible end, but karzai has refuseed to sign a bilateral agreement, offering for troops to stay. President also running to criticism from both parties for the decision with some democrats calling for a vote to authorize military to stay, and republicans calling announcement, a mistake of policy, over strategy. Wen dolwendell at the white hou. Reporter in a rose garden announcement, president said half of the force in afghanistan will come home in 2015. And rest by time he leaves office. We now been in afghanistan longer than Many Americans expected. Were finishing the job we started. Reporter Administration Officials want to prevent the weaken authority they are seeing in iraq. Afghan force will acts as trainers and go afternoon terrorists but not go after terists but not everyone is convinced they can do the job. Responsible level is 30,000. Sunday, president obama told the commanders on the ground, he wanted to me
Into next year, despite his proclaiming of bringing the wharf to a responsible end, but karzai has refuseed to sign a bilateral agreement, offering for troops to stay. President also running to criticism from both parties for the decision with some democrats calling for a vote to authorize military to stay, and republicans calling announcement, a mistake of policy, over strategy. Wen dolwendell at the white hou. Reporter in a rose garden announcement, president said half of the force in afghanistan will come home in 2015. And rest by time he leaves office. We now been in afghanistan longer than Many Americans expected. Were finishing the job we started. Reporter Administration Officials want to prevent the weaken authority they are seeing in iraq. Afghan force will acts as trainers and go afternoon terrorists but not go after terists but not everyone is convinced theyan do the job. Responsible level is 30,000. Sunday, president obama told the commanders on the ground, he wanted to meet