Captain. Meet the virus hunter from la jolla. The foremost expert on what the world is doing to fight ebola. All that and more. But first, headlines. Bank of america elected ceo will succeed chad holliday. Diamond asmie being a ceo and chairman. Suffered anund estimated 23. 5 billion. Its worst month ever. The largest redemption occurred september 26. The nfl and directv have extended the sunday night ticket in a multiyear deal. No terms were announced. Those are the top headlines. Thanks. Stock prices did indeed decline. Airline shares were among the biggest losers while government bonds continued their rally. For more on stocks, the chief Market Strategist of russell investment. He joins us by telephone from calgary, canada. I guess it was a good day to be outside of wall street. The reverberations were a bit muted in calgary. Why do you think stock sold off . We hear the news just fine in calgary. The market has been moving around, wiggling around, looking for a pricing point. There
Playing out across the front pages today. We should note that defense secretary chuck hagel was also with Martin Dempsey at the briefing at the white house and he was asked what kind of threat isis poses to the United States and heres what he said. Isil is as sophisticated and wellfunded as any group that we have seen. They are beyond just a terrorist group. They marry ideology and the sophistication of strategic and tactical military prowess. They are tremendously wellfunded. This is beyond anything that we have seen, so we must prepare for everything. The only way you do that is you take a cold steal your heart look at it. Host defense secretary chuck hagel not the only one talking about the isis threat yesterday. Here in washington, d. C. At the Heritage Foundation just off of capitol hill Texas Governor rick perry addressed the threat of isis as well and called on the u. S. To expand its military operations against joh isis and heres what he said. President obama is going to hear w
State can only be defeated if the fight is taken to them in syria. Does the president agree with that . If so, how does he intend to undertake it . Would it mean a significant change in the mission against slatic state . We certainly agree any strategy to deal with the isil organization has to deal with both sides of the border, iraq and syria. The strategy we are already undertaking does address that. In the sense that we are providing training and eequipping and assistance to the Iraqi Security forces and Kurdish Forces fighting them on the ground in iraq. We are also providing support and military assistance to the moderate Syrian Opposition, what we would like to see is those efforts squeeze the space where isil operates. But there are other elements to our strategy. One is to encies the support of partners in the region and International Community because this poses a significant threat not just to the United States and to the iraqi and syrian people, but the entire region. There
Only growing, so it is an area that i have been particularly concerned about. When i was acting chair, i actually reorganized the agency to a small amount to put a tohanical hazard tteam the elderly together. I think this will growing concern for this agency and other agencies as well. Host you talked about cribs when it comes to children. What products are the Elderly Population more at risk from . Guest falls. Stayers, rams, and landings, but the elderly suffer, and this may patterns of activity, if you look at gardening equipment, elderly are injured at a greater rate. If you look to see cooking equipment, and unfortunately fires associated with the use of cooking equipment, slips and falls in bathtubs, so that we would like to see more railings products. Here is an interesting point that somebody made to me that these beautiful new, very fancy and elaborate banisters on stairways are actually hazardous to the elderly. It is the old, very narrow rod that is the easiest to grab onto
Employment report and how stocks reacted to it. 295,000 jobs were created last month. Many more than expected making it the 12th straight month in which at least 200,000 new jobs were added. The Unemployment Rate dipped to 5. 5 a level not seen in nearly 7 years. Sometimes whats good for main street isnt welcome news on wall street. Many say the strong Economic Data could pressure the Federal Reserve to hike Interest Rates sooner than thought. That sent stocks tumbling and how. Off 275 points to 17,856 and nasdaq down 55 and the s p 500 fell almost 30 points. And for the week, all three indexes were lower. Now with stocks dropped on todays job report treasury yields jumped with the dollar soaring to a new 11 year high against the euro for good measure and Hampton Pearson takes a closer look now at the labor market and what the fed might do reporter in february the job market got stronger despite bad weather in much of the country, a major slowdown at west coast ports and layoffs in the