CNBC The Kudlow Report February 4, 2014
U. S. Economy atop of worries about emerging markets. It was an orderly but a broad selloff with almost all sectors down 2 to 3 . Even staples was down 2 . The volume was very heavy, one of the heaviest days in a year suggesting that many professional traders were lightening up exposures to stock. Theres been a lot of talk about market complacency. As i mentioned, the volume was huge. 4. 7 billion. Thats one of the heaviest days in more than a year. As i mentioned, the volatility, the v. I. X. , closes at the highest level in years. Bottom line, most traders saw bonds that continue to rise whi...