expanded sanctions against russia but the pain seems to be spreading from newton to paris to plano plano texas that is we look into it coming right up that absalom mark is a live on the show today talking about the u.s. economy and what the remainder of twenty fourteen looks like and in today's big deal edward harris and i are discussing the latest g.d.p. numbers you won't want to miss a moment so let's get to it.

significantly expanded sanctions against russia but the pain seems to be spreading from hooten to paris to plano texas that is we'll look into it coming right up then absalom merck is alive on the show today and i are talking about the u.s. economy and what the remainder of twenty fourteen looks like and in today's big deal edward harris and i are discussing the latest g.d.p. numbers you won't want to miss a moment so let's get to it. our lead story today global economic fallout from the latest sanctions against russia now tuesday if the u.s. and e.u. expanded sanctions against russia to punish moscow's adamant stance on ukraine for the west the big question now is whether these latest sanctions will make president putin more cooperative or just prompt him to dig his heels in even harder so what do these latest sanctions include and who suffers the most well that year's new measures target russia's banks oil industry and military and they're designed to slowly suffocate the russian economy however the measures could increase financial pressure on europe's already sluggish economy and deny certain tech

texas. toyota is moving the headquarters to plano. in texas. >> in terms of businesses coming in. >> that means we need more power. we're short power already. >> how does anyone play txu? >> you can buy a bond. you can buy bank debt. we like both and they're very nice returns for us. there are other places within the space, but i think in general, bank loans are going to be a decent place to be. the vols have been low, the returns have been very nice. everyone's scared that the mutual fund investors has been big in this trade so they're going to get out and run and see this big drawdown. what they don't know is that institutional investors have been even bigger in this space. >> right. >> and those institutional investors are rotating out of their fixed income risk into something that's a floating right but still has a high current return. >> that is a significant change in strategy. >> yeah, absolutely. absolutely. >> so we don't -- >> what percentage of your portfolio is in -- >> our portfolio is about 70% bank loans across the 19 bi