Rex Macy News Today

Stocks pulling back a bit from the all time highs one day after the Federal Reserve surprised the markets by holding the stimulus steady. Bob pisani . Some were disappointed. After people started sorting it out, stocks slid all throughout the day as Interest Rates rose. That is far and away the most important story. We did see cyclicals gain a little bit, but not much. Interest rate sensitive sectors were weak today as rates moved up. Banks were weak, too. The volume today, im going to call it a...

Stocks up early. Look around the set. It is packed as the bell has rung here. Lots of people standing around on the floor also talking about the idea that we could be close to an agreement. However, we are now looking at next week after christmas. Lets take a look at how were finishing on wall street. The industrial jones average finishing up on the day. 13238. Last trade on the nasdaq and the s p 500 tonight. Better than 1 on the session. Only nine more trading sessions until the fiscal cliff d...

60 points. it had been up better than 100 earlier. the nasdaq composite picks up 15 2/3. joining me now, neil hennessey, rex macy from wilmington, mike hollands, and mike santoli from yahoo! finance. good to have you on program, gentleman. rex macy, let me kick this off with you, knowing that youve got to put money to work. what do you think about this teflon market? do you want to put new money to work here, or does the earnings period as well as some trepidation with the market seein...

>> christian? >> i think -- im sorry, you were going to say? >> it seems like government furloughs are not good for consumer and consumption and these things are still a lot ever worry on the economy. >> you said something right in the beginning of this interview that you would actually park people in bonds. a lot ever people at the short end ever that would be really worried. they think that thats a really bad investment decision waiting to come home to roost if or when they start -- ...