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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 m ....
Is what im talking about. Its been a bad february and this is the first trading day of the month already here kelly, so its 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 were 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. Lets talk about this. I mean its 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 its under way. It certainly would appear, and i think its actually perfect opportunit ....
The trading day here in the United States today and the gains we got, theyre not exactly anything to write home about, but its a welcome reprieve from the run of triple digit losses that weve been suffering through. Its a cycle. So last night asia was still responding to what we did yesterday. Now were beginning a new cycle today. At least thats how it looks right now because take a look across markets. The Dow Jones Industrial average adding 85 points, about a half a percent. Interesting to see the s p up about 15 points to 1757, and the nasdaq back above 4,000 after closing below that level yesterday. Its now up 42 points, 4039, adding 1 today. And, you know, bill, you have to say, if you look at whats happening with, folk, the tenyear Interest Rate, some headwinds weve seen in currency, not a bad way to kick off t ....
30 days until you know what. So were 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 dont 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. Well track it first to sue at the new york stock exchange. Clear sailing down here but were 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 twothirds of a percent, the stock up 17 this year lagging the market. Courtney reagan here with the retail detail. Good afternoon, sue. While walmart didnt allude to the fact t ....
Apparently there are not enough people there to buy their products. Others having second thoughts about making Big Investments over in the worlds most populous country. First to sue at the new york stock exchange. We will start with the raging california wildfires. Just a few miles east of los angeles. Governor brown has just declared a drought state of emergency. More on that in just a moment. Some 1800 acres have been scorched, more than 1,000 firefighters are on the scene, and governor jerry brown is expected to speak any moment now. Heres the weather channels julie martin. Reporter the good news is the colby fire did not spread overnight. Firefighters worked around the clock to contain the fire and put out hot spots. It still stands at 1700 acres, about the size of two central parks, and as far as containment, about 30 . However, the Incident Commander on the scene t ....