Good morning. I am jennifer franciotti. I am lisa robinson. We will have the news in a moment. First a look outside with the weather with ava marie. We caught up we are above normal now. The rain can stop any time. The rain will continue at least for your sunday. A good excuse to be lazy today. 53 degrees at the airport with rain being reported. Humidity at 9 p percent. Areas of fog that is what you have to watch out for. The light showers continue to redevelop over Baltimore City. The heavier storm move off to our west. This is a chance for rain around baltimore especially for the first half of the day and then we will stay cloudy even into the afternoon with a slight chance for rain. Temperatures mid to upper 60s. Thanks, ava. Back to the Grocery Store today for food stamp recipients who couldnt check out today because of the easy t benefits cards. The cards wouldnt work. It was related to the government shut down it turns out a computer failure is to blame. John champion has more. I
At a bear market. Charlie gasparino war do. Next we have david asman and scott martin. We talk about this all the time. Not that these issues do not come back. Now there are some problems. I want to see the market implode a little bit to see the prices come down. Twitter was public at 29. The inside price. The stock barely making any money. Is losing users. Neil but you can tweet your concerns. [laughter] some of this is good. Neil is at 112 . 140. Whenever. By the way we have more supply with alibaba the biggest ever ipo. I would just tell investors. That it could go further down. You dont hear one wall street firm to say be careful. With this alibaba ipo. Neil with all of the offerings. Neil but they are squeezing out the retailers. Are you really conspiratorial about that . Neil o no. But they say it is a conspiracy to grab their Retail Investor then they get out. But the differences in matt is just figuring this out now been have been reporting this since 1999. [laughter] you just
The offering price by 20 or more that means eight out of 10 in a bear market. Dont say Charlie Gasparino did not warn here. Joining us now is david as an end and scott martin. We talk about this all the time. Get them out there. Now what is the problem . This is good. I want to see that market imploded a bit to see the prices come down to normal. Twitter came public at 29 that was the inside price. Of the stock now barely making any money. It is also losing users. Neil but you can tweet your concerns. [laughter] neil he will tell you in 112 . Or 140 . Was never. By the way we have this new ipo coming with allie baba alibaba. The market could go further you dont hear one wall street firm choose say be careful because the alibaba ipo. They have done more offerings to squeeze out. It is the retailers. Are you really conspiratorial about that . Because they say the same thing it is the conspiracy to get the retailer in then they will get out. But he is just figuring this out now but i have
A few moments. The view that some writers have that some hedge funds are maybe too big to fail will be part of the conversation. We will give you the criteria, and also both sides of the argument on whether Systemic Risk exist or not. Plus, the ceo from cybersecurity powerhouse fire i will be with me. Made a 1y recently billion purchase and we will tell you about the latest technology to thwart hackers. First up, president obama naming five u. S. Promised zones targeted for special federal aid. The motivation is despite income inequality. Julianna goldman joins me now. What is at the center of the president s plan . This is all part of the focus on income inequality that the focus the white house has the tapping leading up to state of these union on state of the union on february 28. The areas are san antonio, philadelphia, los angeles, southeast kentucky, and the choctaw nation of oklahoma. Theseesident announced socalled promised zones in his state of the union last year. Today, he i
More that means eight out of 10 in a bear market. Dont say Charlie Gasparino did not warn here. Joining us now is david as an end and scott martin. We talk about this all the time. Get them out there. Now what is the problem . This is good. I want to see that market imploded a bit to see the prices come down to normal. Twitter came public at 29 that was the inside price. Of the stock now barely making any money. It is also losing users. Neil but you can tweet your concerns. [laughter] neil he will tell you in 112 . Or 140 . Was never. By the way we have this new ipo coming with allie baba alibaba. The market could go further you dont hear one wall street firm choose sabe careful because the alibaba ipo. They have done more offerings to squeeze out. It is the retailers. Are you really conspiratorial about that . Because they say the same thing it is the conspiracy to get the retailer in then they will get out. But he is just figuring this out now but i have been reporting about this sin