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But relative and absent of the markets, i think it is a recognitionful what are the underlying fundmentams. you see an ibm and mcdonald and fed ex. consumption based companies, getting their revenues suppressed a bit. that is it a very early but good indicator that we have a slow down. all right. joe, thank you. joe grano a wall street liege - legend . lond lond has a big marathon coming up tomorrow. security like you have never seen before this. it doesn t matter where a good idea comes from, it only matters that it shows up and makes things better. in that spirit, verizon is proud to announce the powerful answers award. ....
Could be seeing record voter turn-out in terms of percentages. some think 60% of eligible voters. who knows. but the lines are what they are. this is what it is. 133-point surge in the dow today. joe grano, what do you make of that? what do you think of that? guest: i think people are hoping for closure. neil: want it behind them. guest: the rhetoric on tv goes away. i think it s neil: assuming it s resolved tonight or tomorrow morning. guest: the worst thing that could happen is we end up with six floridas and contentiousness. neil: you want to get beyond the margin of error. guest: right. neil: let me ask you, though, about, here is the argument for romney rally. among the sectors that benefited, joe energy, financial, industrial those considered romney plays, less so solar, clean energy plays, it would seem to favor the president. they didn t do as well today. what are we to make of that? one day. that s all. guest: just conjecture. depending on who wins it w ....
In. it is a cooling off period. neil: we would not see something like last time. guest: your point on all of this, being computer generated, a lot of the young turks who were creating them do not understand without liquidity they do nut work. that can exacerbate the downfall. on the positive side, margin balances are nowhere near where they were in 1987 because with a panic sell people run for the exit and exacerbates the downfall. corporations have more cash than ever. neil: always good to see you, joe grano. coming up. unfortunately the bullet train to you. neil: what? what? remarks that put the shackles comments to shame. ....
Waiting this out. guest: they will wait it out longer and you get to a point where the return on investment is compelling and they will buy in their stocks. there are stops that get killed today even stocks like verizon. neil: joe, always a pleasure, sir. could do worse than listen to joe grano s ideas. home loans, car loans, student loans, think they are going up because our credit rating has gone down? the mainstream media says that will happen. ....
neil: geithner says he is not going anywhere as more folks from every where call for get near to get the heck out of here and joe grano says maybe this is the time for a shakeup, the former chairman of ubc who, a year ago, i think a year ago, you were talking about being guarded, being ready, we are not out of the woods. now what? guest: it is worse. the analogy is . no zeus and the gods can t talk to each other. neil: a family reunion. guest: we need leadership and definitive programs. neil: when you heard the president speak today that does not provide leadership? guest: not to my mine it was written on a tell prompter i want him to look at the eye of ....