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Earlier today before turning negative were just off the lows of the day. Rates are in focus the tenyear is pushing past two six. Pete, whats happening we erase a 280point gain the other day. Then we go up more than 300. Then today we find ourselves falling as we speak. A little slipping welcome to the new world of the market welcome to the new world, and you talk about 1,500 points, thats why were seeing the volatility rise the way were seeing it. This is significant. These moves are huge they have volume behind them i was talking about the volumes the other day in the options world. 24 million, 37 million contracts over the last three sessions so volatility is here, scott i wouldnt be surprised if we start to see a new range for volatility everybody has been expecting it. But we get these kind of moves, and we still have plenty of different political reasons for the stock market to move, along with where i know, steve, in a note earlier today, was talking about what hes seen in the te ....
Allentown, pottstown yardley we will get down toward west chester we are in the teens. Clear skies overhead, next weather maker way out west, that of course will bring us some rain by sunday. Here is your forecast lots of sunshine up to 37 degrees, warmer today then yesterday with daytime high at 45. Lots of ups and downs and snow good morning everybody friday getting ready for weekend and live look at 422 eastbound right at trooper road couple cars involved in the crash everybody off to the shoulder but slowing us down out of collegeville, royersford an accident over here in voorhees, new jersey, lucas drive right off of lake view drive. Police are on the scene. Watch for activity. Coming down northeast extension southbound just south of quakertown vehicle hit a deer a second deer accident this morning so watch it animals are out there with us as well on the roadway and delays on the broad street subway this morning due to switch problems at fernrock backed unon the vine expressway ac ....
So lets bring in our financial course want to say fisherman who is in new york for us good to see you sir if you bring us up to date with the latest on how the markets have digested this data. Yeah well heaven i had seems like the markets have recovered after they did indeed indeed plunge as a person reaction to these numbers but i think most people expect of the Consumer Price index to rise and the key indicator for inflation growth only flights leave more than expected in january and at the same time the dollar is weakening at the moment and thats helping Domestic Companies to say competitive still the fact its getting more and more concerned that the economy might be overheating not only due to the higher prices but also because of charms techs through for him and the boom americas economy has seen in the years after the crisis was financed with cheap money thanks to t ....
So lets bring in our financial course want to see fisherman who is in new york for us good to see you sir if you bring us up to date with the latest on how the markets have digested this data. Yeah well hellenized seems like the markets have recovered after they this is each in these plans as a first reaction to these numbers but i think most people expect as the Consumer Price index to buy them the key indicators for inflation growth only slightly more than expected in january and at the same time the dollar is weakening at the moment and thats helping Domestic Companies to say competitive still the fed is getting more and more concerned that the economy might be overheating not only due to the higher prices but also because of time techs reform and the bloom americas economy has seen in the years after the crisis was financed with cheap money thanks to these low rates a ....