The markets suffered a correction. The more concerned some investors become. Despite this the next guest says investors should get invested and stay invested in equities. Hank smith is chief Investment Officer who manages 6. 5 billion in assets. Welcome and thank you for sharing your insights with us but i got to be the contrarian and the contrarians have been wrong since january saying Global Market will lose steam and get a correction and we havent seen it yet. Even julie we will so isnt it time to take profit . Eventually we will but at higher levels. Therefore you are not doing yourself any good. Lets forget that the market is up 26 this year and lets focus on this. The economy is expanding, profits are rising, Balance Sheets are in exceptionally good shape, we are flush with cash, valuations are reasonable, not attractive or undervalued. What is not to like about that scenario . Dennis in the past earnings season we have seen some companies missing on revenue. Earnings they are making coming from laying people off for finding efficiencies Going Forward they may not be able to get and if you are not selling that would be a problem Going Forward. The contrarian view on this. And europe is getting less bad. I might even argue we might have little bit of growth in europe in 2014. The emerging markets have bottomed out and are better than developed markets and the u. S. Economy continues to broaden out and might perform a little stronger in 2014 than it did in 13. All of that spells higher profits for corporations next year. Adam i will stop being a contrarian and ask about the article in the wall street journal. Should we be concerned . We have 76 billion flowing into mutual funds and stocks, largest amount that has ever flown in, that has gone into stocks in several years. That is a sign for some people to get out but you think not. Lets put it in broader perspective. Through 2012, years through 2012 you had 650 billion withdrawn from equity funds, persistently. Every month for five years with the exception of one month so this is just the very beginning of a reversal of a five year trend andovers that five year period ending 2005 you had that one . 3 trillion going into bond funds and they are not earning anything. This is the very beginning. I hate talking about the Federal Reserve when how to invest your money but this is what the fed wants, average janes to move out of bonds and wherever we have our cash sitting doing nothing and going to what some think is an inflated market but the only place to get any return. That is right. But this rally is not just a fat induced rally. It is also based on fundamentals. Fed policy has helped but the fact is you had tremendous Profit Growth over the past five years, tremendous Profit Growth over the last 15 years even during the decade of no return there was still great Profit Growth slowed this is a rally born of fundamentals helped by fed policy and yes, fed policy is allowing banks to repair their Balance Sheets and hopefully allowing investors to improve their savings. Adam not too late to get in on this rally. That is what you are telling average retail investors. In broader context we think we are in the middle innings of a secular bull market. There will be pulled back and corrections but if you are waiting for them you might be investing at higher levels. Adam i am a Cleveland Indians fan so be careful. All the best to you, hank smith. Webmac you like that reference. Peer come headline on oil today, expecting the u. S. To surpass russia and saudi arabia as the Top Oil Producer by 2016 and it is thanks to a boom in shale oil. Phil flynn of Price Futures Group is in the trading pits of the cme, this should be no surprise to you but we are getting some dates on this. Phil we are. We will party like it is 2016. It is already impacting the market. We are seeing oil prices making new lows as we speak, 93. 88, it is because of the shell gas production, we expect to build in supplies, supplies being a record amount for this time of year but that is weighing on the market so it is not positive but it is not just the u. S. It is more america, talking about brazil. What they said was impossible, north america to be a Major Oil Producer of few years ago is happening and if you put razil, the United States, canada, the biggest growth in Oil Production will be in north america. The biggest growth for demand is in asia and they are saying ten years down the road we will be talking about india overtaking china for the biggest demand but they are warning ten years down the road we will plateau on shell gas production. It wont happen forever but arent these the same guys predicting big oil . Maybe not. I dont believe that. Markets will keep us going. The other big move is natural gas, a six days in a row making new highs, people talking about the cold weather but cash markets around the globe, infrastructure is of big thing and even here throughout the country, trading at 3. 64 you go to new england on the algonquin pipeline, paid dollars, 1 million metric bp, a huge discrepancy, really got to get that inline with the rest of the country. Lori we are showing viewers here, what does that put the price at . That is historically cheap. It is historically cheap and not as expensive. Remember last winter it got cold and we got 4 for the. We are in that trading range. When we get cold weather we pushed towards 4 and back in that range but what is good about low prices for natural gas from a historic viewpoint is to stimulate the economy we are seeing new uses for natural gas, the demand is going up and not just eating. The other reason we are moving on the weather when we are producing record amounts is exports are going up, exporting a lot of natural gas not just places like mexico and that has been a big boon for our economy, good for imports and good for the u. S. Making some money. Lori thank you so much. Adam obamacare enrollment missed the mark big time from the target of 500,000 so now former president clinton is speaking out on americans who are losing their health plans. Rich edson is on capitol hill. President obama and president clinton may not be bestes now. Enrollment numbers, wall street journal reporting 40 to 50,000 peoppe have and will blow the administration refuses to say what the exact number is, they will give us that this weekend and the issue of the president s promise. Can you keep your Health Insurance plan that you had and you liked because of obamacare . On that front the president have lost a key ally. I personally believe even if it the president should honor his commitment the federal government made to those people. The white house is hamstrung on what it can do about the promise. Insurance Companies Plan to drop those plans, move those plans Going Forward and reinstating them would take months according to industry officials and could be very problematic. As for what else the white house can do to boost enrollment and get past the web site problems it is pretty limited. Very long look president can do about these enrollment difficulties, basically when you think about the possibilities, it is either speeding up enrollment somehow which seems next to impossible, the way things have been going lately, it could mean spending more money, giving people greater subsidies but that means going back to congress. Going back to congress to spend more money on obamacare, a congress that on the house side was bent on repeating obamacare the majority of this year and last year but house continues its investigation, House Oversight and Government Reform Committee holds its hearings on the web site and on friday the house will vote to allow Insurance Companies to reissue the plans they had rescinded. Adam thank you very much. Lori a new sheriff in town. President obama will nominate a Treasury Department official to replace gary gay antler, chairman of Commodity Trading commission. He is best known for managing winding down the 700 billion program known as t. A. R. P. Which was set up to help bail out troubled banks during the financial crisis. The nomination requires confirmation by the senate. Adam cybersecurity wwr continues, meant for stealing Online Banking information, hit new highs in the third quarter, a level not seen 11 years according to a report from trend micro, the security provider counted malware infections that banks from july through september of this year. The u. S. Was the most affected of all countries attacked, 23 of the new ones hitting banks on our shores. More people around world are spending big bucks to make sure they are safe in any situation. We will talk to the ceo who is bulletproofing vehicles for everyone from stevens the gall to the pope. Lori shoulder ring for good, find out what the retailer is doing to bring folks into stores this holiday season. Adam the largest home builder out with earnings this morning, what that company is planning to do if demand doesnt take a. Lori stocks down, oil trading on metals. 6. 70 to the ounce putting it below 1300 now at 1274. We are back after this. [ male announcer ] need help keeping your digestive balance in sync . Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Lori investors crying over spilled milk. Will get shares of jean foods, dollar and 0. 50, the ceo greg tanner saying of the dairymaker volumes are going to underperform for next year. Stock thinking the company will send off competition on names like walmart. Dean foods will launch a 0. 07 Quarterly Dividend as it continues to cut production in transportation costs. This after rebounding 14 in the last month. Time to check markets one more time. Nicole petallides on the floor of the Stock Exchange watching shares of americas largest phone builder. Nicole these shares came out with quarterly numbers and have a Conference Call, watching shares on the move here and this is a reported profit for the Fourth Quarter that jumped 39 . You see the stock up 2 , 18. 42 a share. What we did see is the orders that did drop, 2 drop in orders not bad considering Mortgage Rates have been on a rise and price increases for homes for sale and on the Conference Call they noted the increase in home prices may actually pull back a little bit, not that they begin to moderate to a certain extent until the economy improves and d r horton doing great and home depot dow component doing well today also up 1 at 76. 13 and home depot is the dow component, one of the names that has an up arrow despite the fact dowers down 45 points. Lori trying to get shopping done early . Not in my household. Best buy will get you in the lower. Electronics retailer giving out 10 use it on anything coupons. Shoppers helping lure you back to the store again. Best buy email the coupons yesterday and do good in stores or on line through december 24th, best buy offers another reason to celebrate, the stock is the top performer on the s p 500 index so far this year performing better in fact than netflix. Adam the merger between American Airlines and usair, getting reaction first from dagen as amr and usair resolved and settled government antitrust case. Bill the says it looks forward to the chance to acquire slots particularly at Reagan National airport which is said to be shed under the settlement, delta shares hit a 52 week high today. The growing market, gluten free sales in the billions and set to go even higher. Only a fraction of the market known as free food. Jeff flock has a closer look at that. Lori numbers are in. Details on which building is the tallest in the country. vo y. Maestro of proje management. Baron of the buildout. You need a permit. To be this awesome. And you. Rent from tional. Because only nationa in the ai. And go. 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Call 1800ishares for a prospectus, which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Lori headlines from minneapolis, the Federal ReserveBank President , one of the feds most of policymakers, the public dialogue about fomc risks are creating doubt and uncertainty about the approach. Egos on to say the fomc should enhance its communication about asset purchases and adopt goal oriented approaches and urges lower rates until unemployment falls to 5. 5 as long as inflation stays in check. Is in reaction to the debate rising. We will talk about that through the hour on fox business and inflation is 7 . Time to make money with charles dean, he is exploring car and Equipment Rental market. Why did this grab your attention . Charles it was hammered. I was looking at bluechip names the got hammered, earnings reports were oversold the previous hour. I talkedabout whole foods. It is in the same category. Look at the traditional valuation metrics, trading at 80 of sales, four times book, maybe the only area. They have all been scooped up and i got to tell you, it got hit pretty good and from its risk reward point of view, some looking at one of the big topics, people coming back into the market, and oversold bluechip type name this is the top of the list. Adam from the car rental side, what is it, national is National Charles it hurts the dollar, they have some other things and branching into the Equipment Sales light construction equipment, building equipment. On like that. They did 1. 5 billion, a nice space globally and certainly in america. One negative that stood out to me, 45 insiders sales for 1 hundred million shares. That is not a vote of confidence. Maybe they have nine hundred million shares but lets call it a yellow red flag if you will but other than that, 2009, everything melting down, this is a 2 stock. Others then that, mrs. Lincoln, how was the show . I have to wonder if there was Something Like if there had a small window and anyone could get out of would like to explore that more but was offset by the insider buys. There was one insider by for 700,000. Lori i. T. Replacing the fleet . Charles with the used car market up so much it was a nice sweet spot as well. By the way, what the fed guy just said i think they will go to 6 , no sign of inflation, deflation is a major problem. Lori it is duct tape, a new buzzword. Charles i got to tell you something. Lori the treasury market is demanding it, dining policy on its own. Charles deflation is a bigger problem. Lori he is coming up soon. Blog adam one in 12 children as a food allergy or other in tolerance of food. Many companies the beginning to produce what is known as free food to capitalize on the growing consumer base. Jeff flock is in illinois with more. Free from this, free from that. Phil jeff your looking at enjoy life foods based on chicago they are not only free of notes and gluten but all of your products are free of all of this of. We have a list of everything. Tell me what they are again, the things youre foods are free of. Free of all of the common allergens defined by the fda. Those are weak, dairy, eggs, peanuts, shellfish, fish, product are also gluten free certified gluten free. Jeff walk me through your facility, it is dedicated to being free from you are not alone. The big players like General Mills and kellogg are on the bandwagon but dont produce the facilities there free for everything. That is correct. We have not very unique brand, free of all the common allergens. No one at the same promise, enjoy life foods. Jeff i want to show you 44 products as we look at some stocks, companies that have been benefiting from this who are the grocers that sell these products, grocers like natural grocers, whole foods, stocks up there, these are your products. We have 43 products crossing eight product categories. We have a wide array which allows our consumers who is looking for a wide a range of products which are allergen free and free to be able to choose from. Jeff is not just the blue ands sufferers but those who want to eat foods that are free from these allergens that made because of a problem they dont know about. It is a growing market. Adam you go to buy gluten Free Products on the weekends. You are right, it has grown. Jeff it doesnt taste like gravel anymore. It used to taste like cardboard. They have improved the flavor. Adam send us the oneill cookies without votes. Lori conduct cooking segments for us. Over this summer about washing cars. Lori the battle for the tallest building coming to an end. 1 World Trade Center