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Transcripts For FBC Markets Now 20121115

Of the stock exchange. What is normal about the stock reaction . Nicole very normal stock reaction. This is a stock that started with the arrows and traded as low as 1960 interday and coming back and had a high of 2018 and all the rest of the Airline Stocks i have been checking, delta, up arrows, and continental under pressure today. Below the 1960 we are at 1976 and it is not far off of the low, and a nationwide glitch, it is not great news and we are hearing their returning to normal all of this occurring for weeks before thanksgiving, the busiest time, and this is the third time since june that United Continental has had computer issues. Dagen thank you. 46 days and counting until the fiscal cliff is upon us but our next guest says going over that cliff, he gives a thumbsup. Peter schiff is the Euro Pacific Capital ceo and global strategist. Why would you think that . We need a bigger cliff. This one is too small. There is not enough spending cuts. The spending cuts are trivial and

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