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Market. the wealth effect that your guest was just talking about. there is a huge disconnect. the bulk of the country, bulk of americans, not invested in the stock market. their biggest asset is the home, and the home prices are depressed or underwater. meaning they owe more than their house is worth. one trader is skeptical about jobs numbers as far as strong recovery going on, but the triple digit gains in numbers i have to say, they are a good sign, carol. >> yes, they are let's look at the glass half full this morning. alison kosik, we'll check back at 9:30 eastern time to see hout markets...

Let's go to the new york stock exchange, check in with alison kosik. what do you expect to see when the markets open at 9:30. >> get ready for the bulls to run. could see the dow hit another record today. could be an historic day for the s & p 500. all pointing to it taking the s & p above 600. that gives the momentum that your guest was just talking about. the wealth effect keeps going. a found a critic, a trader i talked to a short time ago, skeptical about numbers, look, you look at the economy as a whole. the economy has been producing weak manufacturing reports over the past month and a h...

It is a good indicator for the wealth effect we're seeing in the market as well. the market moves by this technical levels. it is giving more oomp to the rest of the market. >> unbelievable. thanks so much. let's head to new york city. i'm going to pick my computer up. there you are. look. switch back to me so we can see. the drudge report has a big smiley face. and i show that because it is unusual because the drudge report is a conservative website. doesn't have much positive things to say about the economy or president obama. what should we take away from that? >> everybody likes to have ...

Investors wonder if the markets will continue the winning streak after the s&p ended april at a record high and the nasdaq closed at the highest level since 2000. alison kosik, will the streak continue? >> that's a good question. at this point it looks like the winning streak for today is up against a wall. the stock futures are flat to slightly lower right now. the dow has been riding a five-month rally. the s&p 500 and nasdaq have been on a winning streak six months. here is what is driving the gains. housing market is improving. so is consumer confidence and the fed's billions of dollars of...

Number two, home prices, up 9.3% over the past year. best yearly gain since 06. more importantly, home prices in each of the 20 big city areas studied went up. nowhere did prices go down. so you add it all up. what you've got is, ben bernanke, printing a lot of money, raising stocks, raising home prices and hoping that there's a wealth effect. we all feel better off. so we go out and spend. and we improve the third pillar of the financial well-being which is your job. bill: inflation is kept in check for now. >> yes. bill: interest rates still near historical lows? >> yes. bill: are you feelin...