Crisis, or fear of rate hikes, or fear of inflation, or deflation for that matter. It may seem odd to talk about fear on a day when the average is basically me and erg higher for most of the day. Nasdaq edging up thats because the market is in fear of one thing, it lives in fear of amazon specifically the power of amazon over the whole industries. We saw Health Care Stocks rally again today. Every stock in the group of the drugs, biotechs, medical devices and especially insurers and hospitals, which makes me think that they rallied because the bill is written. Looks like it might be too draconian to pass. Theres no universe for the hospitals to make more money under a plan that slashes medicaid and causes millions to lose their insurance still, though, i think the undercurrent, or i should say the undertow of amazon is such a dominant threat to so many consumer related sectors, in a consumerdriven economy, that its sinking whole swaths of stock once again if your companys in the crossh
Meteorologist, david murphy. Good morning. Good morning, guys. On Storm Tracker Storm Tracker e scan we have thunderstorms out to the west of us that are pushing through gettysburg getting close to hours barring. Most are pushing more or less towards the northeast but it does look like on some of our models and based on whats happening in the atmosphere farther southeast that a lot of this may start to fall apart as it too it is to head east. Were keeping our eyes on it and those of you in the western suburbs, places like lancaster county, berks county and maybe Chester County well keep our eyes on it in case this moves in later on. Theres a chance it falls apart and isnt that big of a deal. That same system out to the west did produce Severe Weather yesterday. It is kind of diminishing sort of pushing off world to new england. We are once again in that humid air mass, though, today. Not quite as warm. Still a chance of a popup shower or a thunderstorm during the day. 71 degrees right
Were already in december. Welcome to the weekend. Were really excited here this morning. Identify been looking forward to this literally for months. We have a legendary chef withs Thomas Keller one of the countrys premier chefs and hell share i had ultimate dish. Well eat. Well chat. Im certain were going to enjoy it and i hope you too. I literally have been looking forward to this for months. We got some great sounds. Five guys from utah who call themselves the piano guys, already a huge hit on the internet. They had 185 million hits on youtube and they will play for us this morning. We begin this morning with the socalled fiscal cliff one from today unless washington gets its act together 90 of americans will see their taxes rise as a series of tax increase and spending cuts take effect. Yet negotiations between the white house and Congressional Republicans are at a standstill. Anna werner is in our washington bureau. Good morning. Reporter good morning. Unless Congress Comes to an a
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