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The industry setting up to get really pummeled if they dont doing do something about sequestering. Back down to the floor of the new york stock exchange, happy new year, first time seeing you, nicole. Whats the word on the floor this morning . A lot of optimism. Happy new year to you as well. A lot of optimism, positive stocks here, up arrows, vix, fear insex, and five year low, youre seeing deals moving higher today, 1. 83 for the tenyear, gains across the board, all of this, obviously, a couple thicks happening here. Number one, you have lawmakers in washington averting the fiscal cliff, coming to a decision, avoiding disaster, potentially, and with that, theres on optimism here on wall street, s p 500 up 1. 7 , and dow up 226 right now, winners, people stepping in, had been on the sidelines, cashed out in december and throughout last year, concerned about taxes. They took profits and are going to get back in, traders say well see the january effect where people get in here and get b ....
They are trade they pay nice dev dends. Little rich right now. Buy it when there is a down drift. Thanks for watching and keep it right here. Taxpayers are taken for a ride. Moving full stem ahead. And one republican tried to derail them. Couldnt get it pushed to the floor. Do we stand a chance of getting this debt mess right . I am cheryl casono and welcome to cashin in. We have wayne rogers and johnathon, and tracey burns and john lay field. Joining us this week is christian dorsey. Tracey. N this cant be cut what can . Mass transit subsidies employ. Really . Cheryl. If you think they are going to cut the benefits they get forlvo sell you. They will schnook us for the perks. They can vote on it and they couldnt bring it to the floor to discuss it. No, no way we want the perks. It does not bode well on our debt ceiling. Talking about spending cuts. What does it say about us. The cuts are needed and to tracey point no one can push them there in programs like the 160 million transportat ....
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