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But this rough weather is starting to have an impact on the Great American economy and Steve Liesman has some really great and interesting stats and facts for us. We are talking about the impact, everything from jobs to stocks as a result of the weather. Im Bill Griffith in for tyler. Great to be back on power lunch. Sue is ready to go with several big market stories. Its great to have you with me today. You mentioned the big nasdaq spike. The big caps and small caps are also making some very big moves today. You see the drop and the pop for the s p midcap index. A similar pattern for the small caps. Youll see that in the russell. You can see it right there, as a matter of fact. Down. 75 . Yeartodate the russell is down 6 . The midcaps down 5 . Perhaps we shouldnt be surprised given the gains we saw last year. Seema mody i ....
The confusion continues. So it is fitting were here today in d. C. So we can be heard loud and clear. We are here to call and policy makers collectively to recognize the collective impact of the rules, regulations, litigation and enforcement action because at the end of the day we are putting the American Dream at risk. My hope is that maybe this time weekend strike a balance together, constructive, and its up policy politics have to make. Workingclass towns, hispanic american africanamericans, for some homebuyers, Single Parents trying to raise the kids who want to own a home, we end up creating a perfectly riskfree safe and sound system and that will be the system for those who need the help the least. Theres no doubt theres conflict and rulemaking. This is hurting the return of private capital. Policymakers quite frankly can give lipservice to the desire to bring back priv ....
Ronald O. Perelman s prize company Revlon is bankrupt and his beloved possessions are fading away like a mirage. Bad luck or is the old financial wizard offering a final lesson on the future of wealth? ....