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CNBC The Kudlow Report July 11, 2013

The nasdaq has them all beaten, up more than 5 . Lets get with bob pisani. Bob . Its very popular for people to say mr. Bernanke didnt say anything new. But you know what, a lot of people seem to think there was something new here, the dow went up almost 200 points. Highly accommodated . Yes, its a psychological effect but its a big one. Tapering could still occur. The fed is going to keep Interest Rates near zero for a long, long time. Emerging markets, cyclical, intrastate move to the upside. Steady all day and a nice move up late in the day. A lot of that move was through the technology stocks. Take a look at the big leaders, microsoft with that organization, all of these stocks moving to the upside. Big day for cyclicals. Commodity stocks. Theyve had a terrible Second Quarter overall. Weve seen big moves in gold, copper, and silver. Housingrelated stocking,
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