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Transcripts For KICU First Business 20140109

month.and the fed minutes revealed officials agreed in december to taper the bond buying program because it would eventually lose it s zing to the economy.that lead to a mixed market wednesday with the dow down 68 points..nasdaq in the green by 13, the s&p was close to unchanged while gold fell $6 and oil dropped $1.11. let s do lunch! out-going fed chair ben bernanke has a lunch date today with senate democrats.the cbo reports the government recorded a $44 billion surplus in december.macy s out with a shocker after the close. the retailer plans to lay off 2,500 employees and close 5 stores. the chain also narrowed its sales growth forecast. todd horwitz of averagejoeoptions.com opens up our trading day. good to have you on the show as always todd. good morning angie. there was big news in the treasury department yesterday with the 10 year yield reaching 3%. what do you expect as far as follow through? i think we re going to 3 ½ maybe 4%. i think that the bond market has

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