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Brexit debate and then the blackrock comments. The markets are not ready for the hike. Tom it is a stew. It is a stew of news. Youre right, francine. There is a negative tilt to it. Standard chartered really took me back. I know you talked to Chris Wheeler within the hour. What did he say francine he said these are banks going through huge restructuring. He mentioned specifically china. It took a leg lower today. It is going to be that much more difficult. Lets get to our first word news with nejra cehic. Nejra a boost from the business communlt. 36 chairman say it will be best for the economy if the u. K. Stays in the e. U. Leaving the union would deter investment, threaten jobs and put the economy at risk. Rebel groups in syria have until friday to sign on to a partial ceasefire. The u. S. And russia agreed to this yesterday. A new controversy in the president ial race just hours before nevada republicans vote in their caucuses. ....
stocks have all been under pressure in the last hour or so. we re watching it very carefully. at the high of the day, the dow was up 71 points. it has been drifting lower since that time. virtually unchanged right now at 13,345. the nasdaq up a point right now at 3,052. struggling to remain in positive territory as is the s&p, which is up 2 1/4 points right now. so as the tug-of-war continues in the equity market, let s get predictions on where we go from here. deb is calling for 1500 still on the s&p by the end of the year. jim says if romney wins in november, it could actually tank the ek with wequity markets. so what does the rest of the panel think? jim, let me start with you. i think you run contrary to consensus. a lot of folks on wall street think romney might be good. why do you disagree? because i think that this market rally since june has been about monetary stimulus and little else. and if romney becomes the president, the next fed chairman after bernank ....
0 bounce out of the convention is holding, he remains at near 50% in all our polls. what do you make of the situation now, chuck, going into tomorrow night s really important debate out in denver between the two candidates? how do you see the election standing now five weeks out? well, right now five weeks out if you can have a solid small lead, he has it, okay? he has hit what i think are his ceiling numbers, 49%, 50%, 51% in the state. hard to imagine in any of these battleground states with maybe the exception of ohio and iowa how he gets to, quote, 52% or even 53%. so he s at a ceiling. he s at about topped out. the question is how much coalescing happens around romney? i think you re seeing some of it now, and that s why he s popping among likely voters in particular. there s one other thing the obama folks have to worry about, we see evidence of it in our own polling, and it also explains why there s such a massive difference between registered voters back and forth between oba ....
the first, which got famous months ago, is 1%. that top, the people making the most, getting the best breaks on taxes and other things. the second number that just broke out recently is 47%. it s that part of america that mitt romney has dismissed as freeloaders, moochers, takers in his words. i m joined by howard fineman with the huffington post. also we have romney s let s take a look at this howard, romney s 47% comments had a lasting impact on his standing. the washington post reported just today, quote, in the two weeks since the surreptitious video of the remarks surfaced, they have pierced the national consciousness in a way few blunders do. in the closing stretch of the presidential campaign, the moment has become a defining element of romney s candidacy. new poll by pew shows how deep these comments penetrated. 67% say they knew romney made those comments. that s of the whole country. of those people, 55% said they had a negative reaction toward hearing t ....
i mean there s no debating this is a misadventure of epicñi proportion. mason: this economist and senior analyst with greencrest capital. the real issue is that morgan stanley didn t tell everyone. absolutely. it s either everyone or no one. if there were voices of skepticism especially seeing how things have gone, i think everyone should have heard those. mason: massachusetts officials today subpoenaed morgan stanley over the analyst s facebook report. in washington the sec chairman said. there are issues that we need to look at specifically with respect to facebook. mason: banks underwriting a stock offering generally are barred from issuing written recommendations until 40 days after it starts trading. this was supposed to be the chance to restore the public s faith in the public markets and in wall street. instead it s been a reminder of everything people suspected, feard or hated about public markets and wall street. mason: morgan stanley, in a sta ....