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Nice orange tie. That would make me Bill Griffeth the end of the month, which z stocks are the big winners and big losers for the month of october. What a year it has been for the stock market today the cme looking to launch Bitcoin Futures before the end of the year. A wall street expert says it reninds hr reminds him of the financial crisis all over again. Terry duffy will join us to discuss that on a first on cnbc interview coming up. Kind of like christmas music, you can only play it that one time right . Then tomorrow its too late. All right. Lets get to washington where executives from facebook, twitter, and alphabet are testifying right now before the Senate Judiciary committee about social medias role in last years president ial election Kayla Tausche has t ....
The 10year note rallying and yields going down, down, down. Argument now which one are you going to believe, the stock Market Equities or fixed income . Which trader . I like the bond traders myself. Melissa who do you like . Im with tom and simon. When you see the 10year not really budging that to you is telling you that the economy is still trudging along, flatlining here and in europe. So thats the issue i think. Melissa okay. Loose lips of the fed may have accounted for more than 200 million in illegal profits during the ben bernanke era. A new study suggesting that tapering decisions were being leaked early giving some trade arrest huge competitive edge. What do you think about this . There is no question this has been going on for decades, you think . Yes. Always rumored there is some information leaking out. They try to blame it on media. The media is in the little lockup room beforehand. Melissa the media is always at fau ....
Trucks and back breaking work. The whole thing was to get that job and make your union book because these guys get paid very well. What is interesting about this, these are highly unionized jobs. Where theres really strict rules when you work and when you dont work. And they paid pretty well for people that dont have college degrees. Melissa yeah. Why theyre walking off the job . There are other things you can do to protest unfair firing. Melissa is sort of the sentiment in this country right now and dialogue that were having about minimum wage and about wall street and all these things, is it stirring up discontent that could be damaging our recovery or not . Or is it healthy . Veronica . Definitely stirring up discontent. Well see more acts of civil disobedience. This is problem. They knew they were breaking their union contract. They were not covered the moment they walked out the door. Theyre out of a john the and more people out of a job turning to the government for help. I think ....
General investigations. The stock went down facially significantly on the report. We saw Eric Schneiderman, the new York Attorney general and now we see illinois. I dont think the illinois attorney general is that significant. New York Attorney general is very important for herbalife for one reason and one reason only. The new York Attorney general has something known as the martin act. Its a law which you could essentially indict someone on a very low bar for see emtore. Knowledge that you had forethought you went out and purposefully committed the crime. The bar is very low with the martin act that is important. I would say this is an addon investigation. Melissa yeah. We said it first they will get this and probably going to get more because bill ackman has been ....
Jonas max ferris is in the herbalife corner. Fox news contributor. Andrew keane is representing the ackman team. The whistle blows] melissa you know what that means. Jonas, what do you think . The guy is right, it is basically a multilevel marketing pyramid schemes like a lot of businesses are and selling placebo like elixers and aloe and problem is that is not illegal. Cvs, walgreens, whole food sell stuff with questionable nutritional benefit at very high markup. The government will not step in and crush it up, which is only way to make the short bet of a billion dollars melissa i will stop you there. I will let andrew in. Problem they run out of people at bottom of the pyramid that is when the gig is up. How many markets do you have to exploit people to go out and sell this thing. What do you think . Look the way the stock traded. It was 45 when came out with the claims. Stock went down at 25. Did ackman come out and buy the short, absolutely not. He thinks the stock is going to zer ....