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Stocks Down 440 at Midday
Mike Lomas of the Financial Guys discusses with Tom Puckett the Dow's plummet.
world where you've got computer models that are. Setting the tone on Wall Street it's not so much that's. Screaming traders anymore but the computer models and have foiled out its salt. You know deposit and obviously is that oil prices are going downfield Chrysler go down and out albeit tax cut to the consumer. The negative a lot of people forget this
borrow money so that has now now. And so I think blunt Wall Street is waiting for some leadership out of Washington which were were not. Don't seem to be getting so. In other stock market's not overly cheap right now but I would say that keep in mind it's not overly expensive than so don't make a decision like it they are about an hour. At the financial guys investment solutions are in the kind of foolish and sorry we have. Models that range from. In about 60% equity so we're 40% you know everything but the market. All the way up the models that have zero exposure in the stock market so our point is the extremely diverse aside. And don't forget to rebalance portfolios and that's key when markets get volatile like
Gov. Cuomo's State of the State Address
Gov. Cuomo's state of the state address and budget proposal.
leader John Flanagan. We're also lucky today to be doing right in New York Mets who had a fantastic season we have Jeff Brokaw. And the Mets manager Terry Collins and we'd like to thank them. There
President Obama on Gun Control
President Obama announces executive action to expand background check requirements and other gun control action.
that I. How did this become such a partisan issue. Republican president George W . Bush once it. I believe in background checks at gun shows or anywhere to make sure the guns don't get in the hands of people that shouldn't have. Senator John McCain introduced a bipartisan measure to address the console. Controllable. Saying we need this amendment because criminals and terrorists have exploited. That are