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good morning welcome to squawk alley. i am john ford with holly evans. after a series of wild swings in the market, major indexes are higher but not across the board. dow up 240 the next guest says the fed is partly behind the mayhem the past couple days as the president tweeted about market volatility in the old days when good news was reported, stock market would go up, today when good news is reported, stock market goes down big mistake and we have great news about the economy tom mcclellan joins me start with the fed, you think they re in the middle of this? good morning. yes, the president is right. but the link between that and the economy is not as strong as people think what most don t understand, there are two fundamentals that govern movements of stock market first is how much money is there, the second is how much does the money want to be invested the fed is in charge of mostly the first one. i brought a chart. what s not reported, the fed is selling ass
NorwaySyriaCaliforniaUnited-statesCapitol-hillDistrict-of-columbiaJapanChicagoIllinoisWhitehouseRussiaGermany if fete for this time of year. early for the storm to hit n.napa the storm dropped hail with winter like landscape. look at this. late september. this picture sent in by holly evans. here s a picture of a dog. check egg out. trying to figure out what s going on. looking at the hail on brown valley road in napa up loaded to you report by robin thanks. as you can see here the hail was as big as har bells. let s check in now with spencer and live doppler 7hd. this is a little weird. it has been unusual dan. most occurred in the last 6 to seven hours. here s much quieter picture right now very little left in the way of showers and little pocket over here vallejo and concord and down here open the peninsula. just south of south san francisco. that the late afternoon and early evening hours we had out brick of powerful thunderstorms numerous lightning strike as you just pointed out heavy downpour of wren localize flooding. hail reported at healed berg. napa cordealia and of cours
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