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CNBC Mad Money December 12, 2014

Plunging 316 points. S p sinking 1. 62 . Nasdaq dropping 1. 16 . I understand the dilemma here. You benefit from low oil prices, right . So do i. The fact they keep declining relentlessly brea lly freaks ou here. What will go belly up . Will the consequence be . Do they do when they are scared. Its easy. They sell their stocks. Now always remember the way big money things, big money controls the prices on your screen, not you and me. Stocks are who is known as an asset class, not individual companies. Those who think lower oil will cause may ham among producers that will spill over to all companies, just come in and they like a free fire zone blast out of the s p 500 futures. Either to get short the index bet against stocks or to hedge against existing stocks that they own and those sales from the future often reverberate into lower stock prices for all 500 stocks as they get overwhelmed by institutional selling. After the smoke clears, individual institutional stock investors come in ....

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BLOOMBERG In The Loop With Betty Liu January 14, 2014

Efficiency ratio in the forecast of 5590 . 5559 . In terms of fullyear net income, another record year for wells fargo on the heres on the heels of a recovery market. The u. S. Largest home lender last year. There was a lot of concern about Mortgage Origination revenue and how that would drop. We did have an anticipated drop of 24 . Thank you. The final government report on will beales or 2013 released in half an hour. Retail sales will rise 5. 3 . I know i did my share. Youve also hear from the big banks out with earnings this morning. Wells fargo firing up the conference line at 10 00. We will hear directly from white house officials on the nsa scandal. We expect the testimony to preview what the president might say on the speech later on this weekend. Moments ago scarlet fu brought us wells fargo earnings. The company missed analyst estimates. A tough year for jpmorgan. Steve case sitting beside me. From where you sit, ar ....

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