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Transcripts For CNBC Power Lunch 20141121

Why did china do it . He says the Economic Situation behind the great wall is not good at all. We will talk to him in four minutes time. And one hot market. Homes in the Million Dollar plus range if you are lucky enough to own one you are doing just fine, ladies and gentlemen. Why is there such a boom in this segment of housing right now . We have answers coming up. First to sue. And there is big liquidity moves that you nus mentioned and they are fuelling a rally. Stocks are off the highs at this hour. We still have a gain in some of the indexes. Thats the big etf that tracks china. The ftse china is up almost 4 . Now a little better than 4 . Bertha coombs is at the nasdaq. Mary is here with me. We have a lot of steam. About 173 point range. So holding on of course as you would imagine when you have a rate cut in china it leads energy and materials. The materials sector at the s p 500 is approaching a 52week high today and also the dow leaders reflecting on what you would expect to se

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