Fido and friends. Were down to two dogs. Were thinking about it. Another German Shepherd . Possibly. When you get door stops or something you always get bookends. His and hers. So they can sit by the edge. Id like to get a brother. Of zara. Yeah what a dog. All right. Well talk a little bit about the Second Quarter. It begins today and the bulls are hoping it starts better than the First Quarter ended. It was a rough session yesterday down for the year by closing down about 200 points yesterday. This is the first down quarter in the last four for the dow. But they ended up. It was slightly higher. The nasdaq is on a nine quarter winning streak. Thats the longest winning streak ever going back to its inception in 1971. Check out the futures this morning and at this point they look like there are green arrows. S p futures up marginally and the nasdaq up by over 7 points. The stories, the big ones were watching today the deadline with the talks for iran have been extended by a day. Were s
To see if were able, on a bipartisan basis to move forward. Reporter Senate Majority leader harry reid said he too would try to reach agreement. But that was after spending most of the day hammering away at House Republicans. Reid blamed the current stand off on the inability of House Republicans to pass their own plan which would have extended tax breaks for everyone making less than a Million Dollars a year. Its the mother of all debacles. That was brought up in an effort to send us something. He couldnt even pass it among the republicans it was so absurd. He meaning the speaker. So its very clear now mr. President that the speakers number one goal is to get elected speaker on january 3. Reporter january 3 is the deadline for the new congress to start work. If a fiscal cliff fix isnt passed by then, the start of a new congress will likely delay matters even more. Which is why the focus now is on reaching a nanodeal. The minimal that they can put together to avoid the fiscal cliff whi
To see if were able, on a bipartisan basis to move forward. Reporter Senate Majority leader harry reid said he too would try to reach agreement. But that was after spending most of the day hammering away at House Republicans. Reid blamed the current stand off on the inability of House Republicans to pass their own plan which would have extended tax breaks for everyone making less than a Million Dollars a year. Its the mother of all debacles. That was brought up in an effort to send us something. He couldnt even pass it among the republicans it was so absurd. He meaning the speaker. So its very clear now mr. President that the speakers number one goal is to get elected speaker on january 3. Reporter january 3 is the deadline for the new congress to start work. If a fiscal cliff fix isnt passed by then, the start of a new congress will likely delay matters even more. Which is why the focus now is on reaching a nanodeal. The minimal that they can put together to avoid the fiscal cliff whi
Point remains finding something that can make it through the house with enough support from republicans. It seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that were going to get something done before the end of the year. Susie you know thanks for that report. I am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all . You know susie when peopletal they are talking about a bad deal in political terms. Frankly its republicans that are most worried about the bad deal they have most leverage. The president has the most leverage. They are worried about a bad deal. Any deal that gets us past the fiscal cliff is going to be seen as a good deal. Susie it seems like we are further apart than last week when president obama gave the last minute pep talk to get the talks going. Do we
Point remains finding something that can make it through the house with enough support from republicans. It seems like the 250 threshold that the president proposed previously is unlikely to pass the house in its current form, and so without some sort of additional compromise there, it seems unlikely that were going to get something done before the end of the year. Susie you know thanks for that report. I am just wondering from all of the reporting you have done, do you think we are better off with a bad deal than no deal at all . You know susie when peopletal they are talking about a bad deal in political terms. Frankly its republicans that are most worried about the bad deal they have most leverage. The president has the most leverage. They are worried about a bad deal. Any deal that gets us past the fiscal cliff is going to be seen as a good deal. Susie it seems like we are further apart than last week when president obama gave the last minute pep talk to get the talks going. Do we