Failure and whether it can spread to other areas and asset classes. Are these the seeds of another crisis being sown . I think crisis is probably too strong. When you look at the rates, it really picked up dramatically. It focused on the energy space but the contagions there. You and i were just talking. If you look at the hospital stocks, while health care was leading earlier, health care, hospitals, are getting killed. Why . Because they are distressed credits. Anything that has that taint, are looking for liquidity. The stock, the equity, is tracking it. So definitely there are issues. It comes back to me to the fed. Depends what yellen says as to whether we get a bounce or not. So josh, people are picking up the phone this weekend. Theyre try to call their financial adviser. Trying to see if they have exposure to some of this. All they know, high yield. Do i have exposure to high yield. Should mom and pop be worried today . I would say no. Its not because all is well, but the simpl
Change is it should be on a sunday and at a time when everyone could watch. So i watched the first drive. Marcus mariota takes it down in like 8 plays and i said im going to bed oregons going to win. Thats what i thought and i woke up this morning and i was shocked. Urban myer has got it going. Only the second coach able to win with two different teams. Thats right. And he had already its amazing to win the National Title and for ohio state these fans are rabid. Do you remember woody hayes . I certainly follow the team and its good to see the big 12. Did you see yesterday rutgers beat wisconsin . I did. But i cant take the wins without having to win with the massive losses. So you dont even bring it up. Im wearing red for ohio state and for rutgers. Third string quarterback, the Third Quarterback too was able to do it. Is he wearing different sock socks today too . No he thought he would be in one pair of socks today. He thought it was going to be the ducks. Yeah everybody did. Lets ge
Dow jones industrial average is down, varney and company is about to begin. Stuart check the big board the dow was off 52 points, nasdaq is higher, remember the stock market has gone more than a month without hitting a new high and that makes a lot of investors nervous. A lot of investors are very spoiled too, got to look at oil. Not a lot of reaction to middle east tensions. Where is the geopolitical risk we talk about . Up a lot from last months lows, speaking of being that gas prices keep climbing up overnight, 2. 46 the price of regular up 7 days in a row but remember we are still 1. 20 before we were a year ago. You have to count your blessings. Now to the middle east, the u. S. Navy sending warships into the persian gulf. Navy officials confirm the uss Theodore Roosevelt along with a guided missile cruiser the u. S. S. Normandy left the persian gulf and are on route for the arabian sea. This is a major step to stop the iranians from delivering weapons to rebels in yemen. Joining
For the eighth consecutive year, global law firm Greenberg Traurig, LLP’s house band, The Meltones, won the annual Law Rocks NYC battle of the bands to a sold out crowd at the Gramercy Theatre in New York City.