Go down . Hi, everyone, im brenda buttner, this is bulls and bears, lets get right to it. Here they are, the bulls and bears this week. Weve got gary b smith, tobin smith. And julian epstein, welcome to everybody. Todd, if taxes go up, get ready for that Unemployment Rate to shoots u, too. Youve got that right. Brenda, not only going to go higher, were looking at hundreds of thousands of jobs eliminated because of higher taxes. You cant, you cant simply look at Small Business owners Small Business comprise of twothirds of all jobs created in the country in the last ten years, if youre going to raise that personal income tax, thats going to hit the Small Business owners they wont have enough to go out and hire and we all have to be epared because the lor picture is going to get fragile real quick. Julian, you agree . No, and a certain point on the show and elsewhere we have to stop utterin opinions and using facts. The most definitive study done about this, the nonpartisan agency that r
Meltdown. Dave join us on the after the show show. Theyre still scrambling and were all still waiting. Wh but would no deal be better for the fiscal economy than a shed deal. Brenda buttner, bulls and bears. Gary b smith, tobin smith. Jonas max ferris. A no deal better than a bad deal. It would create more uncertainty or one of the deals theyre talking about, which is raising taxes and now, and they trust us, well get to the spending cuts later , lets not worry about that right now. The last thing we want to see is a weneed congress and a weakwilled president patting themselves on the back because they have some watered down deal. I think they need to feel some ain, i think they need to see he the implication in the markets, in the ecomy, so, yes, i think no deal right now is better than a bad deal. Okay, gary b, jim mentioned the market, let me play wall street on tv. Basically im sick of this. m going to keep heading south because the uncertainty, the anxiety is killing me. If we had
Go down . Hi, everyone, im brenda buttner, this is bulls and bears, lets get right to it. Here they are, the bulls and bears this week. Weve got gary b smith, tobin smith. And julian epstein, welcome to everybody. Todd, if taxes go up, get ready for that Unemployment Rate to shoots u, too. Youve got that right. Brenda, not only going to go high, were looking at hundreds of thousands of jobs eliminated because of higher taxes. You can you cant simply look at Small Business owners Small Business comprise of twothirds of all jobs created in the country in the last ten years, if youre going to raise that personal income tax, thats going to hit the Small Business owners they wont have enough to go out and hire and we all have to be prepared because the labor picture is going to get fragile real quick. Julian, you agree . No, and at a certain point on the show and elsewhere we have to stop uttering opinions and using facts. The most definitive study done about this, the nonpartisan agency th
The desperate search for shoppers is on. Hoping to reel in buyers and confiden Consumer Confidence at a low. Does that mean that the economy is already scrooged . Hi, everyone, im he brenna buttner, this is bulls and bears, and weve got gary b smith, tobin smith. Jonas max ferris and susan and larry. Okay, larry, no deal on taxes and debt scrooging holiday sales and the economy . Thats right, brenda, you know, i dont want to be the grinch here, but in a word we are scrooged. The grinch very, very optimistic expectations and an outlook for retail sales that was very rosie and those optimistic expectations have faded as weve gotten closer and closer to the end of the year with no fiscal cliff deal in sight. And as a result, Consumer Sentiment is falling off a cliff, just like the fiscal cliff were going to fall off so weve got a problem on our hands and couldnt happen at a worse time and today, super saturday, the second busiest day of the year. Brenda well, a lot of retailers are saving
Dave jn us on the after the show show. Theyre still scrambling and were all still waiting. Wh but would no deal be better for the fiscal economy than a rusheddeal. Brenda buttner, bulls and bears. Gary b smith, tobin smith. Jonas max ferris. A no deal better than a bad deal. It would create more uncertainty or on of the deals theyre talking about, which is raising taxes and now, and they trust us, well get to the spending cuts later on, lets not worry about that right now. The last thing we want t see is a weakneed congress and a weakwilled predent patting themselves on the back because they have some watered down deal. I think they need to feel some pn, i think they need to see he the implications in the markets,n the economy, so, yes, i think no deal right now is better than a bad deal. Okay, gary b, jim mentioned the market, let me play wall street on tv. Basically im sick of this. Im going to keep heading south because the uncertainty, the anxiety is killing me. If we had any kind