Lies and cover ups. And index schmindex. Word on the street is inactively managed funds are the place to be in 2015. They have not been for the recent years. We are going to ask a very simple but very important question today, why the difference in 2015 . The nba commissioner adam silver if nothing else his own man writing an oped in todays New York Times in favor of legalizing prosports gambling saying it should be brought out of the underground and into the sun light. Silver cited a new jersey bill as an example for the appetite for Online Gambling and said congress should adopt a federal framework to allow states to authorize betting on professional sports. Thoughts now from dave brigs. Go to cnbc. Com vote and tell us if you think Sports Betting should be legalized here in the usa. They have this kind of gambling in many countries around the world, in great britain, in europe and elsewhere. Why not here . I think that is what adam silver is pointing out. He cited london as an examp
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c
Oil stable. And tenyear has crept down to 1. 77 1. 77. Futures falling. Earnings painting ableak picture. Greece continues to weigh on the markets too. Seven Dow Companies, p g, pfizer, caterpillar, dupont, 3m microsoft, and united technologies, all seven lower. Nyc largely escapes storm unscathed but Boston New England battered by heavy snow. Well get live updates on Flight Cancellations and travel around the region. A rough morning in store on wall street. Wave of earnings news sending futures tumbling. Dueuponting proctor gamble, pfizer expect the stronger dollar to weigh on full year profits. Caterpillar, a warning for 20157 the ceo on Squawk Box Oil is a piece of our energy and transportation is worth about oil and gas is about a third of that business. The natural gas piece of that business is doing pretty well and so far holding up. The oil piece, though what were taking down and thats the primary number for our reduction in 2015. Jim, not only did he say when it rains it pours
Distraught in the way that only an entitled millennial can be about drowning in administrative work. When i felt like it could not get any worse and there were only two other people on staff she called her contacts and asked if they knew anyone who would be a good fit. One of the people she called was becky. At the time, i was just a kid kid sister of one of her friends. There is no way to ever pay her back for ushering in one of the most interesting and fulfilling phases of my life when she delicately broached the subject because her intelligence is only rivaled by her humility, i remember thinking, you got me my job here. Do you want to events . I can say that the loan, care, compassion, and respect is the same approach she took in researching and writing war dogs. Reviews have been phenomenal truly wonderful, inspirational, and moving. Writing since 2010. This book has been a labor of love for her in which she has immersed herself fully. It took her around the country and by phone a
Mortgage . Cnbcs Senior Correspondent has a great piece about it today on cnbc. Com, for a lot of homeowners is it a great idea or not such a great idea . Sharon will join us what do you say . Well, tyler, you know this is a question that many Financial Advisers have to answer as well for their clients, and, of course housing debt is a major concern for boomers since for many it is their biggest expense. Data from the demand institute shows that the median outstanding mortgage balance for 50 to 69 yearold household, more than doubled from nearly 49,000 in 1992 to 118,000 in 2013. Since most boomers plan to stay in their current home in retirement they may be saddle with the debt for decades more. Why get rid of it . Advisers say not so fast. Balance paying off the mortgage with saving and retirement crunch numbers first. A well diversified portfolio returning 7 in the long run is better than paying off a mortgage with 3 or 4 for many boomers. Boomers find maximizing retirement contribu