on credit risk. i mean it s almost unthinkable. listen i m considered the pro. i like to think i m a pro. i m a stock picker. i don t trade these products or touch them with a 10-foot pole and yet i m still hurt by them because it impacts the whole marketplace. neil: now we had a big turnaround on friday. a lot of people were kind of calm to see that but i do know that we traded again within a thousand plus point trading range, so what do you look for the markets on monday obviously eyes will be on asia whose includes, europes have been more dramatic than our own from highs what do you look for? all right we still have the inflation risk although i think it s a little overblown at this point. i don t see interest rates at least the 10 year yield running right to 3%. it s going to get there. i see it stabilizing here in the mid 2.8 and we still have this volatility risk. now that you, well you can t watch but a lot of folks are watching the tvix. it s one of these products it is
dollars. neil: wow so we ll see what happens great seeing you again thank you very very much and nice to see you. his point about interest rates he s right about that the backup we ended the year around 2.43% on a 10 year note closed this year around 2.83, had gotten as high as 2.9% but you can see that half a point up-tick with something more than was envisioned certainly way back last friday, the friday before yesterday when all of this backup started pecking up steam. let s go to dagen mcdowell, john layfield on all of this. melissa let s begin with you. what do you look for late sunday night when you re looking at asia, or you re looking at how our futures are trading. what do you pick apart or want to discern for maybe signs of stability or norm returning whatever that is. i actually only focus on where the markets gapping, so that s pre-market or post-market activity so sunday night really just have the futures and the morning when you get up in the
defend american workers, farmers and businesses. the taxes aimed at asia nev manufacturers. particularly lg and samsung. u.s. based whirlpool is accusing manufacturers of selling below market value. samsung warns this could lead to higher prices. the commerce ministry blasting the decision saying it harms the global trade environment. the tariff is a blow to china. the largest u.s. supplier of solar panels. it could harm american jobs. no solar jobs involve installation and not manufacturing. rising costs makes installation more expensive. that threatens jobs for people who install them. some breaking news as a big 8.2 quake off the alaska coast. tsunami watches now in effect.
rose. they were going at it a long time and long time friends and teammates, all garcia needed to do was two-putt but finished it off in style to win his first major on his 74th try. he admits he was getting tired of being the best player to never win. you see the look of relief on his face. that dual with his friend justin rose, they were thrilled and so happy for each other all along the way. let s get a look at money stream. stock futures higher, investors want to know if higher interest rates and prospects of deregulation are helping profits? many are at record highs. at asia are mixed.
looking at what asia does in just a few hours to really get a sense of whether or not the bloodshed will continue. sort of like the perfect storm, right? you ve got the growth concerns in china, coupled with what will the feds do, when is it going to be, coupled with you ve got oil, demand for oil lower, crashing oil prices. for you, what do you look at as the biggest driver and will the feds react to this at all? that s such a great question, because everyone s looking at the fed domestically. there s so many international factors at play that u.s. investors can t get their heads around, but they really look to the fed and say are you really going to introduce an interest rate hike in this volatile environment, and the answer to that question after having spoken to a few people on this is probably yes. they probably will go forward with their interest rate hike. the question that many other investors are asking right now is, how many more points are they going to raise it after th