Page 6 - Gary B News Today

People were disenfranchised and if they come back into the labor market because they see its improving theyll put upward presence on the unemployment rate. but people are buying stuff and theyre going to be optimistic developing new products and weigh in on that. and is it going to go back to levels it was in the 90s anytime soon? no. and look, when you see a company layoff over a thousand people like motorola, you dont read about the thousands of people also hiring in other divisions. the layof...

Helped propel it, but i think thats really the main driver. i think thats still there. i think were going to go a lot higher. >> brenda: you know, stephen, usually when the small investor get in and try to catch the bull, its time for a correction, or the markets start heading the other way. which way do you think its going? >> i think thats what we call the wall of worry. gary b makes such a good point, compare the stock market today to four years ago, bond yields are so much lower, theyre so a...

All-time high and people should feel really good, right? why dont they feel so good? well, you know the people who own stock is a relatively small part of the world. gas prices are higher. home prices are 020, 30% off and we have twice as many, ten times as many people on food stamps and debt per gdp is twice as, and this is a lower high, if you will. you have to put the rest of the macroeconomic stuff in a picture and this is not as exciting as it was in 2007. >> brenda: you must know about low...

Theres a lot of of hard work and patience by the american people who had to wait too long for this. >> brenda: gary b, i always heard that men were responsible for all the pain of childbirth. (laughter) >> a different perspective, brenda. >> brenda: we are on cable, but, all right. gary b, are spending cuts responsible for this rally? >> i think so. certainly this week. you know, a lot of times we talk about things on the show that, you know, maybe a little bit inside baseball. maybe a little bi...

Taxes are at historic lows for about 16% of gdp. domestic discretionary spending is lower than its been since 1962. so, you cannot cut your way-- spending cut your way out of this problem. if you want to attack the debt and deficit you have to have a combination of the two otherwise the math doesnt add up. >> brenda: gary b, lets do the math what the ending of the payroll tax holiday has done so far. is that evidence perhaps that we cant hike taxes more? >> well, i think you just saw it, brenda,...

1 1/2 billion a day. all the loopholes, put them altogether, its wiped them all out other than mortgage interest and youre talking about 60, 70 billion dollars, and thats a drip in the pot, doesnt come close. >> brenda: and gary b, i wanted to ask you, we talk long-term opposed to short-term, you cant get to the long-term unless you do something in the short-term, is that correct? >> exactly, julian makes a persuasive argument that we have to balance these, you know, the revenues and the expendi...

>> the oil fans are dirtier in contributing climate change and-- >> and now the state department is not saying that. >> let me finish the point. a threat to drinking water and said it wouldnt do much in terms of oil prices because this oil will make it into the u.s. markets anyway, the state department knocked down one of those three big pillars today. they said they do not believe there will be a big environment impact. it seems to me the critics of the obama administration cant have it both wa...

And deliver this baby, follow me. oh! okay, im a little nervous, okay? its my first delivery. >> brenda: okay. so that may be funny, but this is no joke. another doctor shortage, this time in florida. gary b, whats causing this? >> well, brenda it starts with the very first doctor you see and thats the primary care specialist. you dont need to look further than massachusetts which of course was the model, at least in some camps they say, of obamacare, they face a shortage, brenda, not only in pr...

Stay here at home. you can go overseas, i emg good emerging matter of fact etf. >> brenda: jonas, bull or bear. >> bear on the market. >> brenda: tobin. >> good news about the home starts, believe it or not, people dont write on paper they do it on cad cam software, the leader here. and i think theyre up 25, 30% by the end of the year, sales are booming into the construction sector. >> brenda: gary b, bull or bear. >> bearish on this, i think it needs to drop a little. >> brenda: jonas your pred...

Been good as their management is bad and changing and stock up 25-- >> larry bull or bear. >> a bear on that one. >> brenda: gary b, your prediction. >> carnival, i just talked about it, its on sale and certainly on sale on monday morning, id be a buyer, five years from now-- >> jonas bull or bear bear the tickets will be on sale. >> brenda: and yours. >> agriculture, and did. >> gary bchlts. >> bear, leads it to dead flowers. >> brenda: jonas. >> an asteroid close to extinction for the planet a...