Melissa stocks seeing red. The dow plunging more than 200 points with a mixed bag of economic reports. Leading some to fear that Interest Rates may soon be on the rise. Investors also skiddish following a report that isis is plotting imminent attacks on subways here in the u. S. And in paris. Lets bring in todays panel. Fox business as own Charlie Gasparino. We have dan schaefer also from schaefer asset management. Todd schoenberger of jay striker asset management. Thanks to all three of you joining us. What do you think has the markets on edge today . I think it is Interest Rate fears. One of the fed governors, i forget which one, because of strong dollar. Melissa dudley, right. New york fed president. One of the governors or president of a branch of the fed. Melissa anyway. Because of the strong dollar, inflation will be subdued therefore the fed wont have to raise interest its. That sent the market up. People are looking at strong dollar news as potential for deflation. Where you mi
The labor market. I heard comments such as wishywashy, you know, maybe she moved back to the center, it wasnt nearly as dovish as it could have been. They dont knoech. Theyre saying it wasnt hawkish either. Weve seen those before. Instant reaction just ahead from pimcos bill gross. Were going to find out what the man they call the bond king makes of todays comments from the top two central bankers in the world. Cant wait for that. And just when you thought your privacy couldnt be violated any more, comes word that if you have gmail on your smartphone, there is a weakness that allows malicious apps to obtain your personal information only more than 90 of the time you heard that right, more than 90 of the time. Were going to talk to a Cyber Security pro to find out what, if anything, you can do to protect yourself. Right now, were watching markets. With an hour to go after hearing from both janet yellen and mario draghi, the Dow Jones Industrial average is off 27 points. Its hovering aro
Dierdre stocks extending last weeks gains and investors slug shrug off overseas problems. Charlie gasparino tweeting like a madman. Fresh from vacation your fold chains are back. Dan, do we believe in the rally . What do you think . No, i dont believe in this. Certain stocks are moving up and Broader Market is flattening out. It is clear theyre trying to push it and push it, the tooks in the indexes are ones that are moving. Look at some of mine, i dont want to get too technical, all those indicators that show you the internals of the market theyre weakening during this rally. Dierdre melissa what do you think, charlie. I agree 100 . A good friend of mind with an excellent newsletter pointed out to me that the average stock in the s p is down, down bigtime. What you see is the big stocks like apple and some others are powering the entire index because they make up more of the index. For the small investor out there there is two taskaways i think. Buy index r deckses because you have co
Officials call noter cree yeah as coerce i have actions in other words the hack on sony. White house through executive order Just Announced Treasury Department will impose sanctions on individuals and entities associated with the government of north korea. The order states quote we take seriously north koreas attack that aimed to create destructive effects on Financial Company and threaten artists and other individuals with the goal of restricting their right to free expression. Treasury is announcing sanctions against the reconnaissance general bureau, north koreas intelligence organization. The Korea Mining Development trading corporation. That is the countrys primary arms dealer and korean trading organization. That is an entity that procures technology and several government officials will be sanctioned as part of this. Sanctions prohibit any of those folks conducting business with u. S. Companies or the u. S. Financial system. Jo back to you. Rich thanks so much. Bring in todays p
Angela merkel earlier today to discuss a solution to the growing violence in ukraine. Even as we continue to work for a diplomatic solution we are making it clear again today if russia continues on its current course, which is ruining the russian economy and hurting the russian people as well as having such a terrible effect on ukraine russias isolation will only worsen politically and economically. Melissa the president did not rule out providing Lethal Weapons to ukraine saying no decision has been made. Lets bring in todays panel, Charlie Gasparino looking sharp, Mary Katharine ham from hot air. Com, also john luns ski from moodys. What do you think they were talking about . Disagreement between germany and the u. S. Im glad the president has not ruled out lethal help have you senator mccain and senator Lindsey Graham trying to get the u. S. Out in front on this issue and germany going hold on were talking to putin. President continues to say russia is isolated when im not sure russ