possible secondary offering, aig offering no comment on that news. they don't comment on market rumors. it had an impact on that stock late in the day. bank of america, from $25 to $19. j.p. morgan chase, another financial chase that closed to the upside. looking at general electric to see if it could close above $17. if it did, it would be the highest level of shares of our parent company since january. ge falling slightly back below $17, after trading above $17 on an intraday but not closing above that level the commodities story has this market trading higher. freeport mcmoran, murphy oil and u.s. steel with gains. retailers as well. lowe's reaffirmed 2009 outlook below estimates.

their 2010 outlook was below estimates, at the low end of their range. $is 124 to $134. the street looking for $134. carmax topped estimates, conagra raised full year forecast. google shares, the price target got raised today to $560. that from a cancord adams. the dow closing higher. >> nice to see you, sir. >> i'm going to hand it back to maria bartiromo. >> we are talking with the prime minister of poland. we have vaclav klaus coming on the show. so nice to meet you. >> you never know who you are going to run into on the floor of the new york stock exchange.

the prime minister of hungry stopping by the set. i'm going to sit down with the president of the czech republic. vaclav klaus to weigh in on a recent policy shift from the u.s. in terms of the foreign policy situation. we get his thoughts on that as well as the economy in the czech republic. here are the business headlines, singapore's foreign wealth fund cutting its stake in citi group from under 5% to 9%. realizing $1.6 billion. the stock sale brings singapore's stake in citi before it was boosted by a debt exchange. general motors is adding a third shift at three u.s. assembly plants, resulting in the restoration of about 3,000 jobs. according to a published report in japan, toyota is raising to 6.5 million units from 6 million because of the popularity of the revamped prius hybrid.

dan brown's "lost symbol" set a one-week record for publisher random house. how to invest in this environment with eric oguard. eric, nice to have you on the program. >> hi, maria. good to be here. >> we have a lot of new supply coming to the market. we have worries about performance as we approach the final quarter. what do you think? do you want to put new money to work here or no? >> i think you have to be putting new money to work. the bottom line for this is this market is healthy as it controversies. there is a lot of cash on the sidelines. corporate spending is picking up. positive revisions and numbers look good. >> what groups lead this recovery and lead the stock market rally if, in fact, it does have legs through year

ends? >> well, you know, we do think the market will finish the year up from where it is today. clearly it is not going to be a straight line. there could be volatility. the way to play it is the way to play it in our funds at russell. overweighting select financial services, technology stocks and cyclically oriented stocks. >> do you think the economy is out of recession and you want to be tied to the companies that will benefit from the continuation of a recovery? >> yes. we think that is true. our lead economist at russell called the recession over in august. he is having many people join him in that view from the economics community. we think we are out of recession and going to produce some very strong numbers as we establish that recovery more firmly. >> eric, what do you want to avoid right here?

>> we think defensive strategies are expensive right now. the price of defensive stocks have not been this dear. if you want to avoid risk by high-risk stocks and utilities and consumer staple, we think you are better with companies with more earnings variability and prospective growth. >> eric, thank you. the market up 51 points on the day. the other stories we are following on the "closing bell" ticket. macy's upgraded today. it is doubling price target on the stock to $30. expectations there are higher profit margin at macy's and the successful of the retailer's my macy's program. the stock was up 5.5%,

$18 .77. dell was down. credit suisse is cutting its price target on the stock from 16 to 19. the analyst is worried about the acquisition strategy because integrated perot systems will pose a formidable challenge. an executive from hewlett packard thought dell overpaid. the credit card processer visa will remain the official provider of the nfl. the sponsorship costs more than the current agreement. visa shares up 1%. coming up next, two big names on the global scene. a it is-down with the president of the czech republic, vaclav

klaus. he gives his opinion on the missile defense shield scrapping by the obama administration. the prime minister of qatar says where he sees the most growth possibilities. sheikh hamad from qatar and the president of the czech republic joining me next. work hard, mind. gecko vo: first rule of "hard work equals success." gecko vo: that's why geico is consistently rated excellent or better in terms of financial strength. gecko vo: second rule: "don't steal a coworker's egg salad, 'specially if it's marked "the gecko." come on people.

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>> welcome back. world leaders gathering in new york city for the u.n.'s general assembly. president obama making his u.n. debut on hot-button issues, one involving the administration's decision to scrap an anti-missile system in poland and the czech republic. what impact will that have on relations with eastern europe?

we discuss that with vaclav klaus, president of the czech republic. mr. president, thank you very spending the time with me today. >> thank you. >> what are your thoughts of the shift in terms of the missile? >> the first sentence i have to answer i was not surprised or shocked because it seems to ne rumors in the last couple of weeks and months were aiming at that decision. i believe it will not somehow damage the extremely friendly and productive relations between the czech republic and the united states. so that's the first thing we have to stress. with regards to security of central and eastern europe, i don't think it is such an important issue. for us, it was much more a symbolic gesture. we wanted simply to demonstrate our friendship with the united states. that was the main reason for our accepting the idea of the missile defense system in our country. >> i see.

so do you have an understanding of what was behind the policy? >> i think it was not just policy shift. i interpret it as a shift in the technical details of the defense issues in this country and elsewhere. >> how worried are you about the security right now in terms of allies? here we are in new york hearing news of the possibility of terrorist threats once again. do you think that things havelessened or heightened with regard to terrorism and the threats we all face? >> well, i don't see -- i don't feel an imminent threat of that kind. we have to pay attention. something happened here eight years ago and we have to pay more attention than in the past. i don't see any imminence just now. >> what are you expecting to

come out of your meetings at the u.n. general assembly? >> first, this morning was the preliminary session of the u.n. devoted to the climate change. the normal general assembly starts today. i spent several hours there this morning. it was a rather frustrating moment because i'm afraid everyone fully accepted the global warming dogma and then i say something different and everyone looks at me as a strange person. so it's not very good moment. >> tell me what your feeling is. i think people, when you first start talking about global warming and the way you feel about things, people are surprised because, you know, increasingly we hear worries about climate change and what can be done. give us your sense of the reality. >> first, i have been spending

several last years studying the issue of global warming, scientific sides, political sides, i published a book about it. >> i know that. >> i think i know some things. i think there is a huge delay, a huge gap between the many and many new doubts in the scientific community and no doubts in the political sphere. when i listen to one head of state or head of government at u.n. summit this morning there are no doubts. and so they are self-assured and i think they are wrong. and they are not listening to the scientific community. >> why are they wrong? what are you hearing out of the scientific community that is different? >> i think there are many doubts about the existence of global

warming. there are more doubts of why it has happened or potentially may happen. so those are serious scientific doubts. but i'm afraid that the politicians, for them it is very cheap to promise something to the year 2050 to be a head of state of an african country and understanding it may dramatically constrain the development of his own country i think he is quite ready to say tomorrow here in new york city well we are ready to cut the co2 emissions to the year 2050. this is beyond his political career, beyond his life expectation. >> it is a long way off. you are saying we are spending a lot of time, energy and money on the subject. and actually making a change. >> i hope that the debate about

cap-and-trade in the u.s. will become again serious and then i hope that people in washington will be able maybe to stop it. i will be very much in favor of it. >> let's discuss cap-and-trade. my international ceos, the business community are looking at 2010 with some uncertainty. not clear about whether or not they can create new jobs higher because they are worried about cap-and-trade. what do you think the solution is? should this be scrapped? >> i would be very much in favor of that. especially i think the cap-and-trade is one of the potential instruments how to forest the economic agents to cut co2 emissions. when we talk about cap-and-trade, it should be rationality of debt instruments or other instrument. but before that is the general

issue whether such a measure is necessary at all. and i would start discussing this frequently. so for me the technical issue is just to introduce a text on carbon or something or introduce quasi so fist kaed trading scream. >> this is a very important point you are making. thank you for that. let me ask you about the economic landscape in your region of the world. we have seen evidence of real weakening situations over the last year. have things changed at all? >> first, sometimes i can't understand it, american journalists looking at central and eastern europe sees a region as a solid entity which is not. >> very much a mixed situation. >> there are many different

countries in bad shape. >> the czech republic is the stronest. >> one of the stronger. the czech republic has had until now and i hope that will not come, we had no financial crisis at all. the czech government has a relatively good signal, good sign. we are a very small, very open economy, dependent on foreign trade. and, of course, we feel decline and decrease of demand for our exports. this is our problem. not the financial fragility of our financial institutions. that is not the real issue. >> so it is really the people that you are selling to that they're seeing a weakening situation. >> we are importing the crisis. >> sure. understandable. where would you say the real

weakness is? is it north america for the most part? is it the consumer all around your region? where would you say you are struggling with the most? >> the main problem is not geographically defined. the main problem is the loss of confidence. when there is no confidence there is no trading, there is no investing and that is an issue and it is not concentrated on this country or elsewhere. when i look here, i discovered today there is a very positive movement of trading this morning. premature information, i don't know. >> it is interesting to come down to the new york stock exchange to see how it manifests. it is manifestation of what the going on in the global economy. let me ask you, moodie's released an outlook on czech

bank. they are concerned the weakening economic environments will put pressure on asset quality ratios. do you worry about that? do you worry about something loom something. >> yes. yes and no. definitely we have to pay attention. on the other hand i don't see an imminent stress. i had a meeting with 40, 50 largest businesses in the czech republic two weeks ago and i came with very good confidence. so maybe it will not be that bad. >> let me ask you about the trade situation overall. we have been getting information on the idea of protectionism, the strain so many nations have felt over the last year have caused them to look inward, of course. the administration and the united states had put new restrictions on tires coming from china and china is

retaliating with hollywood movies and poultry. do you worry about a trade war or protectionism? >> i do worry. but until now avoided it. for 40 years in the communist more or less closed or semiclosed economy. we know something about it. so for us, one of the first measures after the fall of communism was to open the trade fully to liberalize markets and we are absolutely convinced this is a must necessity. i will speak tomorrow at u.n. general assembly about the economic situation and my warning and my condemning of protectionism is part of my tomorrow's speech. >> how do you make the case to invest in your region of the world? how do you get money moving into

the czech republic? direct investment? >> i hope that country functions well that the political climate is okay, that the people are nice. the beer is very good there and many other amenities. and the economy is, i would say n a relatively good shape. we are approaching the economic level of western europe again as we used to be 50 years ago. so we are close to being gdp per capita average of the eu countries. so the czech republic is a normal european country. it is not a post communist country. it is a normal european country. >> mr. president, what do you worry about? what are the red flags we need to be watching.

>> red flags. >> your concerns. >> definitely i have concerns but my concern is on the one and this economic development just now for us. the main problem we face is a state budget situation and i used to be the minister of finance so i pay attention to that very much. we have many problems inside europe. inside european union. we are more and more masterminded from brussels and we feel we are losing a lot of our sovereignty, our ability to decide for ourselves. this is something that worries me for the future. >> mr. president, so nice to have you on the program. we appreciate it. >> thank you very much. >> thank you so much for your time. president vaclav klaus. joining us. take a short break and we will come back with home prices.

the direction of prices and what it means for the recovery in the houses market. back in a moment on "closing bell."

welcome back. the federal housing finance

agency unveiled new evidence that the housing market is starting to stabilize. >> maria that is right. home prices in july were essentially flat. important to note this particular government price report looks at only of the sales of homes with conforming loans not jumbo. home prices month to month up 0.3%. the year over year prices are over 4.2% since july 2008. the index is 10.5% from its peak in april 2007. regionally the highest hit areas is the mountain division, down nearly 10%, pacific down 9%. the only region in the positive, west south central, just barely, .1%, texarkana area. that will play in the housing market this fall. >> home buyers are thinking

about cash flow not equity. what are my monthly payments. should i rent? should i buy. they are not thinking what is the appreciation of my home mortgage rates have a real impact of what the cash flow of every homeowner feels in the house hold. >> where will mortgage rate gos? should the fed stop buying up agency mortgage backed securities? a hike to .5% or .75 could throw a wrench in this recovery. >> we take you inside intel next. what steps the chipmaker is taking to grow the business on "closing bell." >> here is a look at some of today's winners and losers. ome . actually, 47.

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welcome back. intel hosting its big developers conference in san francisco. jim goldman has the highlights.

>> hi maria, the intel development forum is about technology. today's event comes from the big antitrust case that intel lost that seems to be aggressively predatory behavior. paul odelin dismissed it as nothing new and that the eu was leaking part of the story that intel was prevented from answering because of a protective order. once the company is free to talk he is confident intel will win its appeal of the $1.4 billion fine. intel showcased it 32 nano meter microprocesser on a fees of silicon no bigger than your fingertip. the latest atom chip, intel saying it will move the technology into smaller devices and will, in fact, become a significant player in smart phones.

odelini tells me in his first on cnbc interview -- >> you will see twices you can put in your pocket and 2010 hand held format. >> are we talking millions. >> i would be disappointed if we didn't have a decent share of the billion-unit market. >> he tells me pc sales might be better than anticipated and microsoft will lift key sectors not just pc stars. intel riding the wave. shares up 35% this year and based on the interview today, otellini says his stock has room to run. >> jim, thanks. >> up next, my one-on-one with the prime minister of qatar. we will check the economic landscape in the middle east. what area of the earth he thinks has the most explosive growth.

whether his sovereign growth fund thinks the u.s. is a place to invest. last time we spoke it was asia, this time it is a different place he is investing big in.

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key figure in the world of international finance. sheikh hamad is the prime minister of qatar. sheikh hamad owns 12% of credit suisse and 6% of barclays. i asked sheikh hamad about he felt about the state of the global economy. >> i think now we are done in terms of bottoming about the real economy i'm talking. i'm not talking about the market. the market could go 10% down, 15%. also what happened in the market was too much, too quick. that is little bit hesitating. i hope it doesn't go a whole lot down. we can see that settling, let us say settling market more.

>> as this crisis has related to oil. earlier in the year we saw oil down to $32 a barrel and wild swings for gas as well as oil. what are you seeing in erm terms of demand picture right now? >> well, demand is there. what we don't want, speculation in the market. that is the big problem which raised the price to 150. i think if we go back to $150 we'll crash the market. if we go $35, we'll crash the oil industry and then we'll have a bigger problem in the near future in term of prices because demand is every year is growing. so it is very important we don't exceed the $100, we don't go below the $70s in that range until the market -- and then we should allow for some kind of inflation for the gas and oil. but in a regular, you know, in a

more sensitive way, not to affect the market. >> it is amazing the moves we've seen in so many commodities, not just the oil sector, copper, iron ore or steel, do you think we are seeing demand for those raw materials and ultimately will we see inflation? >> a lot of companies which are responsible for these things to bring them, they are making kind of cartel, let us say. and everyone buy the others as you see in the market. i am worried that there will be regulation in the production. that will flare the price up. there is a demand, of course. there is a demand in china, demand in india, demand in africa will come. i think the future will be africa. if the political environment settles i think there will be a lot of development happen in

africa after asia, to move to that place. >> are you still investing as much as you were in asia? the last time we spoke you talked about ideas and investment opportunities in asia. >> we are doing some investment in asia. from that time when we saw each other we have a lot of opportunity in europe and united states so we did a lot of things. we are following the good deal. nobody knows what the good deal. up until now thank god things have gone well for us as a qatar investment. we did a few deals this year and it has been proved it is working well. >> how is barclays doing? you cut your stake in barclays but you are a sizable investor. >> we cut it by less than .5%. i think a little bit. we believe in it. we will stay in it. and the stocks remarkably went

to the price which we think is the right price. >> what about credit suisse? >> it is doing very well. as you know, it is the most capitalized bank now in the world. it is number one in that aspect. we have around 10%. we are strategic investor there. >> what other financial services institutions might represent a situation for you? are you investing in america? >> we are. >> what is most important in investing those situations. >> the problem is how to know if the bank is clean or not. that is a big question. nobody can answer it, even the people in the bang. they don't know exactly what will trigger next month or next week. we are trying to do our due diligent and see historically the bank and we are a long-term investor so when we are there we

can take swings for a while. it could go wrong but up until now we are doing well. we are studying two, three bank at the moment to buy stake it in. >> are these lending institutions or investment bank? >> both. >> both. okay. i see that you took a stake in volkswagen in august. what does that signify? are you more interested in the auto business or is this something specific to volkswagen. you have taken a 6% stake planning to take 17%. >> we are taking 17% in volkswagen and 10% in porsche. one of our conditions is to combine the two companies. this is going well in term of combine, i hope 2011 or before the two companies will be one company. we studied this company and we feel it is a good reputation. it is a big company the cash

flow in volkswagen is good. they don't have any cash problem at the moment. porsche, we helped them buy our acquisitions so their problem is much less now. i think it will be very healthy to see the two companies together. they have a good brand. we are looking for a opportunity but we are looking for diversifications. that is part of our strategy. >> isn't it interesting to see how well volkswagen is doing yet the american automakers are struggling with gm and chrysler where they are. why do you think that is? >> well, i think, no doubt, management is important. other thing is the way of the business being done here, a lot of leverage. leverage is killing the companies. i think this is what happened to the auto industry by time. >> of course we all learned a lesson about the last year across the board in investing.

as far as the exchange business and, of course, your stake in the nordic exchange omx, are you looking to expand that? are you looking for more exchanges throughout europe? >> yes. we are studying one or two opportunities in europe to extend because that is part of our strategy of diversification. to be in the stocks change especially in countries which we are not completely reached the plateau. we think there is place to grow. >> so i guess there will be other hubs perhaps in europe, whether it is greece or spain or italy, perhaps you are looking for more exchange activity? >> we are looking in europe and africa and asia. and we are studying this very carefully at the moment. >> where are you looking to invest in africa?

>> i don't have specific countries. but we are starting to do a fund for africa because that's the future. the problem is the size in opportunity. we are thinking about all kinds of commodities and also the flas africa which is very important, it is almost not there. if you see the map at night and see how many lights in africa, you will know there is still a lot to be done. >> this is very, very important in terms of where money will be placed. how is president obama doing, in your view? >> i think he is doing well. i think in his in terms of the economic strategies it seems that it is working well with his team. still there is a lot of things to be done. people is wondering about the dollar a lot, especially us because we sell all or commodities by dollar. our currency is tied by the

dollar. that is a big question for us. the united states is very important for the international economy and for us, if you are having flu and start sneezing in our part of the world, so it is very important to see the stability here. >> is there still a willingness, do you think from the heads of the sovereign wealth funds, yourself included, in terms of investing in the united states right now? >> we are looking for opportunity. we are talking with a lot of people. we are investing at the moment and looking for more. >> you mentioned the dollar. the last time we spoke there was talk about creating a basket of currencies. >> still the gcc, four countries signed, qatar, saudi arabia, bahrain and kuwait signed for kwurn si and one central bank to start with a nominal currency and one currency for this country.

that is a very important move. it is going in the right direction and we are very excited about that. now we are studying the thee subjects. is it tied to the dollar, is it tied to the basket, is it going to be floating currency because we have oil and gas and the economy which can't support a new currency without going to these two other ways of covering the new currencies. that study experts have to tell us of the governments which way we have to take. >> my special thanks to sheikh hamad of qatar. is it a place for investors to be looking right now? risks and rewards on industrials, you with raching the "closing bell." back in a moment.

welcome back. you can call it a revolution of sorts as the industrial sector has become the place to be for market performance anyway. cnbc's matt nesto joins us now way look at why investors are looking at this group. >> yeah, and you know, maria, the place to be right now, at least in my universe, is going to be for september, which has been surprisingly strong, pretty much for all of the market, but take a look at the outperformers of the industrials versus the s&p on a month to date basis.

we'll call it two to one outperformance. what's going on here today? brian belski, the chief strategist at oppenheimer now out with a note talking up the industrials and essentially he says hey, this is an eclectic sector, it's not just capital goods and transportation stocks anymore. there's also this thing in there, the commercial and professional services. but that's also helping very much here today. the ism at better than 50 and rising is really the sweet spot for outperformance for this sector. and the international business is good, but it's not more than 50%, believe it or not. and the infrastructure play, the two of those combined, makes quite a little thing. for industrials. and boy, they're living up to it. if you take a look at the giants of september, all of these stocks are up anywhere from, well, manitowoc is up 57% in september. the best thing that ever happened to it, it looks like was getting booted from the s&p 500. amr in the airline space up 55. textron up 26.

ge up 22. month to date, maria, number one on the dow. and monster worldwide, my i've got to confess favorite industrial, that's heavy industry as i've ever seen it. right? it's up 16% in september. >> all right. thanks, matt. see you a little later. we go over to the nasdaq marketsite now. melissa lee stands by, telsz us what's coming up "fast money" top of the hour. hi, melissa. >> got a big show for you. move over drew carey and bob barker. guy adami hosting our segment "the price is right" telling you what levels he would buy two stocks that might be on your radar screen. so stay tuned for that. also we continue our "street survivors" series with a look at jpmorgan today, and we've got the fallout look on the housing sector from an analyst who sees a 20% pullback in the sector. how do you play that pullback? we will have the answers straight ahead top of the hour. maria. >> all right. we'll see you in five minutes. up next we'll take a look at what could move the markets tomorrow when that opening bell sounds. back in a moment. financial part. who is unusually prepared to help. the meeting with northern trust went well, didn't it? yeah, they get it. they really get it.

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could save 'em hundreds on car just telinsurance.e geico it's actually doing it. gecko vo: businessmen say "hard work equals success."

well, you're looking at, arguably, the world's most successful businessgecko. gecko vo: first rule of "hard work equals success." gecko vo: that's why geico is consistently rated excellent or better in terms of financial strength. gecko vo: second rule: "don't steal a coworker's egg salad, 'specially if it's marked "the gecko." come on people. here's what to watch for tomorrow. >> rick santelli on the floor of the cme group. tune in tomorrow 1:00 eastern

with the results of 14 billion of newly issued five-year notes. indeed, it's a week of supply. will the investor demand run strong? it seems to be so far. tune in for tomorrow's results. >> i'm steve liesman at cnbc global headquarters. tomorrow we're wachk for the 2:15 statement from the federal market economy. look for the fed to upgrade its assessment of the economy from the tepid leveling out to something more robust to take account of the current growth and maybe some more information from the fed on its $1.2 trillion plan to purchase mortgages, whether or not that's going to end as scheduled early next year. >> all right. the market begins on a high note tomorrow. we closed higher today on wall street. take a look at the numbers. the dow jones industrial average getting a lift from strength in financials. ge higher on the session by 51 points. about 1/2 of 1% at 128 on the dow. 1 1/4 billion shares traded today. nasdaq was higher by eight points. a number of high-flying names did well, google up today,

amazon.com up 3 1/2%. ebay up 1 1/4%, and as a result the nasdaq picked up eight points. 2,146. s&p 500 was also higher by about seven points even. 2/3 of 1%. banks did well. that was one of the reasons. jpmorgan up better than 4%. goldman sachs up about 1 3/4%. citigroup up as well by almost 5%. that'll do it for us on "the closing bell." oil prices also a story today. by the way, oil finishing up $1.84 a barrel, back above $71 a barrel she tried to say. have a wonderful evening. i'll see you tomorrow. "fast money's" up next. thanks for being with us. >> announcer: this is cnbc.com qult news now." brazilian stocks closed at a 14-month high as moody's upgrades its rating on the country's debt to investment grade. brazilian stocks up over 64% this year. and bank of america's ceo ken lewis does not plan to resign if he's charged by new york's attorney general in the merrill disclosure case, but he probably would step down if charged by the s.e.c. that according to cnbc's charlie gasparino. that is cnbc.com "news now."

first in business worldwide. "fast money" with melissa lee starts right now. live from the nasdaq marketsite, this is "fast money." i'm melissa lee. stocks hitting new highs for 2009. these guys are ready to tell you where the fast money was playing today. also tonight, rick santelli gives his always loud, always provocative view of the fed. later on "options action" a stock that was lighting up traders' screens everywhere. should it be on your screen? but first let's get to the word on the street right now. and it seems right now that we have to follow the dollar in a sense because a lot of the market is dependent, about 18% of the market is dependent on the direction of the dollar. >> well, follow the dollar. follow essentially where risk compression has taken assets to, and people ray lot more comfortable now than they were coming into monday about what the fed's going to give us tomorrow, what the g-20's going to give us. they have no place to go in terms of pulling in stimulus. they can talk all they want. that was the digestion of this. we're going to maybe show a chart on the dollar in a little

bit. but the reality is if the dollar continues to weaken and not only tells you that people need to buy -- >> but -- >> you ask and you shall receive. if you look at the dxy, and again, this is this basket of six currencies that the dollar is weighted against, it's headed straight back toward 73, which is the line we hit -- we were in june and prior of 2008 before we ran into the worst of the credit crisis. people are banking on that. and in that environment you had access at a much higher place. you had commodities much higher, oil much higher, and i think that's where the market's taken us. >> the thing to keep in mind with the dollar index, 50% of it is -- but the sell-off for the dollar is extremely widespread. in fact, the swiss franc also hit a 12-month high against the dollar which is quite unusual because that's also a safety curren currency. >> it was noted mike huckman in the lead-in here that brazil was upgraded. if you look at the south african rand and brazil, the aussie, all of these other currencies around the world, not just those in the dxy, those are the ones really that are rallying and those are the plape