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FBN’s Jeff Flock talks with Strategic Financial Group CIO Lincoln Ellis on the weak economy and its impact on the markets.
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Slowing down Jeff black not slowing down in the -- to the CME with reaction from the traders hey Jeff what are they -- about this number.
I'm gonna not only get your reaction from traders but traders to beat we just -- the presentation of the American.
Idle -- trading these are guys that are.
Amateur traders pick just one look at -- -- -- cheer from the entire floor but just won a competition.
Also like American Idol they got real money to trade with and they made a lot of -- over a 100% return in a year and now we've got like our Neil Diamond on this is American Idol got Neil Diamond with me.
It's Lincoln Ellis.
Tell me about GD GDP today what do these new young traders gonna.
I have to deal -- in terms of yeah well look I think you know -- numbers were as expected to be a little bit weaker than we had initially thought and a lot of that pulling demand forward.
And so what we're looking -- the balance of the year is numbers it will continue to be weak.
Numbers will continue to spur that Federal Reserve to kind of have that support -- Is that why we didn't get a drop in -- market today because I'm Walken and I would have fought with the news that came out the disappointment that it was that we would have gotten a drop in the market we can.
Well we did get a little bit of early -- -- and then it was blue.
People very much reverted themselves back to Wednesday's press conference and that Bernanke -- is very much an effect got you real quick before we get away throw the corn board up if you haven't because that's to -- -- headline today if you're a trader today.
Agricultural markets based on some news out of China some additional buying both corn and soybeans.
-- up today so if you wanted to make money in the market today.
Given back into -- -- these guys right here I'll tell you piece of the future this is the future take a look look at trophies.
The American idols of the CME -- black they.
