Scott Blier News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The headlines. >> for the average person, i would try to take a vacation from the market for about two to three weeks. don't do anything rash or silly by selling when it appears news is bad. >> riley thinks the good news is we're in a multi year bull market for stocks. thinks profits will be excellent for american companies next year. migel? >> thanks, christina. if you weren't sure gridlock is trickling to main street, the first piece of evidence in a new survey. consumer sent meant at the lowest level in nine months. people are worried about the economy taking a hit. want to bring in a few...

Slow down. big yields, lots of innovation, and government will spend on medicine and medicines, no matter what. >> karen, one thing you say is to have three to six months cash reserve in case of emergency. most don't have that, are able to have that. is the message to stay calm, keep things where they are now and wade through this? >> absolutely. if you can't get that three to six months, make sure you have credit available that you haven't used, whether it is a home equity loan, your credit card. i hate to say that, but you're right, some people can't get it together. i agree 100% with scott,...

Do what's best for you, don't let your emotions run away with you. >> you're an optimist, my friend. karen, my heart is pal pi at a timing. should i take the money from the 401(k) and put it under the mattress. >> go back to investment basics. we all should have three to six months minimum cash set aside to pay bills, including government nonessential workers. you have to have that to rely on. two, you shouldn't have money in the market you need in the next three to five years. migel, i would ask you, are you planning to use your 401(k) sooner than five years? my guess is the answer is no. >> ...

To washington? >> they need to work for us and listen to us and work together, both parties have to work together and quit blaming each other. >> feel what the people feel, you know, put yourself in our shoes. >> unhappy voters. before the break, we were talking about how gridlock in washington is starting to trickle down to main street. we're now starting to see consumer confidence slipping. joining me again, investment strategist scott blier and certified financial planner karen lee. talk about what people should do to get ready for a jolt to the economy. what do you think that should be, sc...

33 different charities. we find out this week how many new houses were being built in the u.s. in the month of march. it's a number that has been slowly building over the past few months. scott blier is founder of create capital and joins me now from new york. say are you thinking of buying or selling a house. how will this number help? why do you need to know it? >> there's good news and bad news about housing. it is not so much this number. it is the trend of numbers. and certainly this year has seen the best start of the year for housing since the crash four years ago. interesting rates a...