The very best of the bunch. I am so pleased to have my friend rich kohn back at this table. Thanks for having me. First time for us at this table, but not the first time for us talking. We just noted here, one of the great things about a book like this is that so much has been written about the stones, but you bring this perspective to it that is unique. That goes back to not just when you met them in 1994, but your childhood. When i was a little kid, the youngest brother and my Favorite Song for a long time was Rhinestone Cowboy by glen campbell. When i felt sorry for myself, i would go into my bedroom listening to it. I heard my brother had moved up to the attic and locked the door to all comers. I heard the cow bell that was honky tonk women. It picked me up and levitated me up into his room where i heard just enough it before he beat me back down the stairs, it ruined me for life and made me a lifelong Rolling Stones fan. I got the experience to travel around the country with the s
30 days until you know what. so we re going to talk about where americans are going to be shopping this year, what they will be buying and the retailers that are set to win. and those that will be left out in the cold. speaking of cold, there are some look at that, i don t know what that it is but looks bad. snow, of course. that would be cold. major headaches expected for travelers as we head towards that thanksgiving holiday. big winter storm stretching from the southwest to the eastern seaboard. it will be coming up the west as i show you there. we ll track it first to sue at the new york stock exchange. clear sailing down here but we re watching shares of walmart, the biggest retailer announcing a ceo shakeup. the timing is raising questions as we head into the crucial hol kay season. walmart shares are up about two-thirds of a percent, the stock up 17% this year lagging the market. courtney reagan here with the retail detail. good afternoon, sue. while walmart didn
happen to you? the growing trend is on our radar today. companies saying you supply the device, we ll support it. entrepreneur of the year, according to inc magazine, a big contest and they are going to make the adjustment right here on power lunch in this hour. you re going to want to hear about this young person and what he s doing to change a field that we re all going to use over the next few years. first, though, to sue at the nyse. can t wait, ty. good to see you. the weather is turning pretty rough outside of the nyse at this hour. if the dow closes above 16,072 it will be another record close and looks like we re heading in that direction. in 12 months the dow is up 24%. right now it s up 20 points at 16,093. take a look at the nasdaq, well above the 4,000 mark and up almost 35% in a year. right now, up a half a percent or 21 almost 22 points at 4,016.43. sheila dharmarajan is in times square and starts us with our coverage. hey there, nasdaq firmly above th
territory, off its high down 9.6% so far this year, one month ago. the russian market is in the correction zone, too. brazil, turkey and the topics not far behind. if the u.s. market continues to fall, what kind of impact will we see potentially on housing in this country? we are starting to get some answers today. and snow, well, it is a big problem today in much of the country. i think roger goodell has a direct line to mother nature, because the snow started here within six hours of the end of that game. another storm is going to hit major population centers on wednesday and then forecasters believe a third storm all in one week is also on the way. the airlines are really starting to feel some pain. snow has really grounded the industry in many ways. will the airlines raise ticket prices to pass along the pain to passengers like you and me? we start, though, with the markets and sue is here snuggly. i am. it is a mess outside in the snow and it sure is a mess inside, if
is what i m talking about. it s been a bad february and this is the first trading day of the month already here kelly, so it s not getting off to a great start with the dow down almost 2% following a 2% slide in the nikkei overnight. and, bill just so people can get some context around what we re seeing this looks like the worst start to a month in terms of percentage losses for the dow, for the s&p since 1982 and for the nasdaq potentially ever at least going back to 1972 as our data does. let s talk about this. i mean it s clear that this market is struggling in 2014. what does it mean for you as an investor? with us today, gina sanchez from chantico global. michael gued anthony chan from chase. and our own rick santelli. michael, we have been talking for months about the need for a 10% correction in this market that did so well in 2013. it would appear it s under way. it certainly would appear, and i think it s actually perfect opportunity for investors to repositi