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Cranny. A good morning to you. A hawkish tone, wasnt it . Fed member sing borrowing costs have to be raised sooner than had been anticipated if the labor market persists. Everything in this world has a caveat. Define the many and the few in the variations in between so lets get to it. What are we talking about . These are the minutes and they came out, some participants were increasingly uncomfortable with the Forward Guidance on keeping the benchmark rate low for a considerable time. Than half butless more than a few. Just to be clear. Less than half, more than a few. Therehat says is was one...

They are ignoring problems in the big economy. The big thing we are trying to figure out is what a Global Economy looks like with insufficient demand and very accommodative unconventional policies. What is the endgame . We really dont know. Meanwhile, oil stocks were up today. The price of oil slid nearly 3 after yesterdays big rebound. Ibm signs more Cloud Computing deals as it tries to boost revenue. The latest deals are with wpp and thomson reuters. They could add 4 billion to ibms top line. The revenue comes at a crucial time for big blue, which recently ditched its earnings forecast. A fe...

We really dont know. Meanwhile, oil stocks were up today. The price of oil slid nearly 3 after yesterdays big rebound. Ibm signs more Cloud Computing deals as it tries to boost revenue. The latest deals are with wpp and thomson reuters. They could add 4 billion to ibms top line. The revenue comes at a crucial time for big blue, which recently ditched its earnings forecast. A federal judge in minnesota refused to file out to toss out a lawsuit filed by banks against target over last years huge seven security breach. They sued target for negligence, saying they failed to protect systems, and the...

Acquisitions and weapons development. Professional who drills down on questions. I think he is a solid choice. Confirmed, carter will be president s fourth defense secretary in six years. Money tories to raise 40 billion, citigroup is becoming the latest Major Company to allow workers to take uber writes on business trips. The nation of vietnam is considering legalizing uber. Sprint is raising the stakes in the wireless pricecutting wars starting this week. They are promising to cut the monthly bills of verizon and at t customers and a half. Tois offering gift cards cover early termination fee...

Cheryl we begin with market alert, markets seeing red to the lowest since october of 2014. We have tony sayegh, fox news contributor. Jack, to you first, very volatile week and volatility is name of the game looks like. Absolutely it is crazy. Stocks have gotten more expensive. S p 500 was 16 times forward earnings. Most expensive since 2009. Signs from economy is good. Earnings growth is decent. We had an advance in form of outsized returns for the stock market in recent years. We can expect lower returns. Cheryl volatility, charlie, doesnt look good. There you go, were down 175 which is bett...