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CNBC Squawk On The Street December 16, 2014

Judge highs, low prices not helping the german economy. It begins with volatility in the market, russia fails to stabilize its currency. We do have it sparking in m a, buy iing towsman. Boeing ups its buyback. Cocacola updating the guidance for 2015. Below 2,000 for the first time. Russias central bank hiking rates 6 1 2 points. That has not stopped the ruble to sliding to record lows. The moscow stock market tumbling, all of this as the fed begins the twoday policy meeting today, which brings up an interesting point. If the discuss today, jim, is about considerable period, does the fed step on the gas here, when we know what that would do to emerging markets . The fed is very data friendly. They look at the things we are looking at. I i think the old fed before bebangie would ignore this stuff and say weve got to think about the next 5 to 10 years. This fed recognizes that the world doesnt work like that. I expect that there will be people who interpret yellen as saying that, look, sh ....

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