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Thanks had a nice run to join of the company from Miami is Shawn go along with the money morning.
I'm trying to get to grips with a few indicators -- shop and I see the general economic indicators pointing sounds.
Weak growth -- -- jobs for -- home price numbers for manufacturing number this morning from Chicago economy not looking great.
But the stock markets holding at a pretty high level and I guess corporate profits are way up there as well.
What do you make of this juxtaposition between the economy and a good market.
Hello isn't obvious disconnect they're Stewart and what are the other is gonna have to come into line either corporate earnings have peaked.
They're gonna start coming down if that's the case then but I -- I think we'll see bit of the sell off in the market.
On the other -- -- hand if the economy starts to pick up and not just the US economy but the global landscape if that gets brighter.
That I think economically.
-- their earnings can be sustained but right now we're really had to disconnect and one of the other is gonna have to do something breaker come up to the levels of the other.
You know we're looking towards the Friday jobs reports again it's one of those big reports there could really move the market.
What do you think happens if it's a very weak a bad jobs report very few new jobs created -- maybe the unemployment rate goes up it is a really bad report what happens on the market.
I think you're beginning -- exceptionally bad report I think the market will sell off has been a lot of profit taking here and there.
At any companies that -- come out with less than expected earnings of vs the consensus had been hammered.
And I think we're gonna continue to see profit taking if the market does actually come to a point where unemployment is looking like it's reversing.
Deployment pictures getting worse than I think we're gonna see lot more selling and profit taking.
So if I'm just a general interest view it.
I got a little bit of money in the 401K and I'm thinking on what am -- gonna put it.
If I put it into a stock index funds that be a good idea -- what do you say.
I think nervous about actually applying capital at this point I think we've seen the great rise and I'm not sure that it's -- I think there's some more to -- But I certainly wouldn't be applying a lot of cal -- these high levels I'd like most people probably look for entry point if we get a correction which I am expecting.
Time we just love that background is always sunny we see the palm trees you see the -- that's -- that's where do we -- have you on the show showed -- thanks so much for joining us think.
Dow Industrials down 23 points now despite a pretty bad report out of Chicago in manufacturing -- holding up thirteen 1200.
How do you fight high gas prices in your town you stop buying gas that -- -- that's what happened in one town in Illinois and next the --
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