[shouting] [gunfire] that last scene there is one of the terrorists shooting dead in cold blood a parisian policeman. Three gunmen escaped. One of them shot the Police Officer at cold blood in close range. You saw that. What degree of surveillance is allowed here . Will we be attacked . The Parliament Building in ottawa, the coffee shop in Sydney Australia the Newspaper Office in paris again will we be attacked again . Colonel ralph peters on that one in just a moment. I want to top out what is happening in the markets get you caught up before we get to colonel ralph peters. The dow is up 135 points. Remember in the last two days it has lost 500. Maybe the fed is many could together rescue. Well pose that question throughout the days program. Stocks are up this morning. Look at price of oil briefly earlier today it touched 46 a barrel. Right now it is at 48. And here is our Interest Rate barometer. This is quick sketch of the marketplace. Were at 1. 98 is the yield on 10year treasury.
I say it is a big winner. Why is that . Netflix made a lot of money. Of 61. 57 million subscribers worldwide. Mary kissel is with me. House of cards. The premiere of the new season next month. I think netflix has two trends going for them. Content is king. Consumers are turning to wireless. It is ironic, if you think about it. They are concerned with the Six Companies and how they manage companies. Stuart netflix, at any one time, sucks up about one third of all bandwidth. That is correct. That is wide netflix wants the government to step in and tell everyone else how to charge. Stuart if we do not like government regulation, we should not support netflix. Correct. We have a rally for the dow jones industrial. Ibm made a forecast. Ibm is down. Ibm is a dow stock. The dow would be at 100 points. Look at goals, please. Weve crossed 1300 an ounce. Loyola, have we hit a bottom . We have been around 47 for a long time. National average for a gallon of gas keeps on falling. I like this one.
Is on the rent. Comforting reports if the government will do a bailout or not, it would cascade bankruptcies in that market. It is not just about china. Is this black swan event around the world, what do you make of black swan . Charles the definition of black swan means they are difficult to predict. I have seen a million predictions of the black swan. It completely lacks you out of left field. It crushes you overnight. Stuart do you think the china thing, the wave of encrypt these, several in fact, the you think is a black swan . Charles it is a great thing for china. Stuart explain yourself. Charles the government should not get in the business of propping up failed businesses. Japan did that. Pebble beach, rockefeller center. They want a trillion dollars. They had an implosion, they held up failed businesses, 20 years of going nowhere. Watching that, watching us, this is what we do. If hi the senses fail, let them fail. Stuart hours from now janet yellen gives us their first News C
Netflix. One streaming Company Accounts for more than a third of primetime internet traffic. Would you pay 84 million for boxes with lines between them . 60 million worth of contemporary art. Varney and company, we are about to begin. The big names which are moving, they make tractors, heavy equipment, global company, considered an economic indicator, lowered their sales forecasts, the stock is down 2 . After that long hard winter, not much reaction to the stock up 0. 20. Overall stocks taking a breather, look at the big board, down 52 on the dow, 16662. I would say we are three solid rally away from 17 k, eager to use the new graphic which we have available. The s p 500 flirting with the 1900 level, hit that yesterday, fell back but still pretty close to record territory. That is the broad market. That is your snapshot of the market. The top story of the day which affect your money, democrats want to make it more difficult for businesses to relocate overseas for tax purposes. Similar
Pryor Cashman filed an amicus brief in the U.S. Court of Appeals for the Second Circuit, weighing in on the issue of limiting standing to sue by foreign beneficiaries of U.S. charities.