we have anthony scaramucci coming up. all of this is covered on "after the bell" which starts right now lori: lori i picked a wrong day. what a sharp selloff. blamed oil and economic concerns. other corner of the world u.s. -- david: seemed to start in china. china and europe. we've got it all covered. the get right to today's selloff. we have mark luschini of janney will tell us which sectors are poised from strong dollar and cheaper oil. there is good news to be had in market like this. chuck self will tell us why he thinks u.s. growth will be stronger in 2015. a hard sell on day like today. todd horowitz, this is your day. the one of few days you appeared when the market is responding the way you think it should respond. is the beginning of a pullback that you've been looking for? >> hi, david. hi, lori. i was a little surprised at the depth of this selloff today because of the holiday season, because of potential santa claus rally and the way the russell turned around yesterday being down 200 points in the morning, cl

anthony scaramucci and charlie gasparino.losing bell, and we have more fun here. 26 minutes before the closing bell rings, russia's currency markets rattling the markets around the world. a geopolitical powerhouse whose fresh back from moscow and now he's on the hudson. what he's seeing going on in the ground in russia, the economy, whether you and your money should worry? >>> and carrier battle of the century. t-mobile bringing a brand-new weapon to the fight. what is it? and why is sprint trying to act like t-mobile? we have the outspoken ceo of t-mobile john legere live, in studio no less. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glauco

great for anthony scaramucci -- melissa: widening income gap. making income gap even wider because that is amazing because that is the opposite what this administration is supposed to do. scott on twitter says, why does not janet yellen think our policy not already or like japan's? >> it is. united states is in a situation i would call japan-light. our population is aging. not as see rearly or rapidly as it did in japan. the u.s. workforce being subject to increasing global competition. that is reining in wage growth, much the same thing happened in japan. and i would ask janet yellen by the way, why are we so u.s.-centric when we look at the data? when the u.s. economy is becoming increasingly globalized. does the fed have any idea what is happening to the global unemployment rate, the global rate of capacity utilization? so that we could better florida inflation risks. melissa: if we could print money, lower interest rates and manage our way to prosperity through this fake system, we would have been doing it all along. i mean there is a price

we have anthony scaramucci coming up.f this is covered on "after the bell" which starts right now

we'll talk with anthony scaramucci later on, from skybridge, fox news contributor, knows more about hedge funds than anybody i know, with that massive decline in crude that some hedge fund -- melissa: uncharted territory that hasn't been predicted. the saudis were saying 60. now we're below that. melissa: economic outlook in russia looking bleaker. despite a hail mary from the russian central bank which decided to raise key interest rates to 17%. that is the highest mark since 1998. dan, i will kick this to you. it was a desperate move. it is failing. >> it is failing. they did it too late and you know russia would not be in this strait if they had not, vladmir putin had not invaded crimea and ukraine because you have an in addition to the price of oil dropping you have those sanctions imposed by the europeans and the americans. and now i think we're heading towards a significant potential political problem in russia because putin is, kind of a cult of personality. there is not a broad party there. he has kept himself in power with this tremendous propaganda in russia, blaming the west fo

here to help us out, our friend, anthony scaramucci, skybridge capital and a fox business contributorni courtney back to help us, plus scotty nell hughes, she's brought the sunshine and the pink dress. hitha herzog, our retail expert, you and joni thinking purple. and matt mccall, founder and president of penn financial group. the first real, real deal here today, well, listen, it's all about a continued freefall in the price of crude oil, guys. perhaps you can start to sense also maybe a little bit of panic on some of those nasdaq high fliers as well. there weren't a lot of positives, i will take a bow here, cubist up 30% from when i told you to pick it up. making money viewers, you should have been this that one, the only biotech you should have been long from this show. not bad. but all the rest of the news was bad. everything associated with energy getting slaughtered. there are amazing companies, many of them are screaming buys for investors. but first, matt, there's no way these names are going to just come back overnight. not at in this point. earnings estimates, investment est

. >> if you're talking to charlie gasparino, anthony scaramucci told awe about a week ago, the considerable time language would be left in. it was. that pleased the market. nicole petallides at nyse watching all ups and downs of the market, mostly up although there was a slight pullback after initial enthusiasm. what was that about? >> we saw the markets jump that is the cue we should take. dow fin i canning up nearly 300 points. not too far off the highs of the day. they left in the considerable time language. they can be patient normalizing monetary policy. all 10 sectors higher today. [closing bell ringing] liz: energy really gyrated. really fascinating day. one of the biggest rally days post-federal reserve meeting. david: look at pyramid. we focus on the dow jones industrial average. but that pyramid gets bigger as you go down the indices. nasdaq did better than both. big winner, small and mid-sized caps loving what happened today. both the prize of oil. we can't forget what drove markets up in the beginning, oil begins to find a ground. might be temporary. at least for today it found

we should point out anthony scaramucci used to be a broker at goldman saks.ought it was shrewd mood. helps retail clients get in on uber-ipo potentially early. helps them curry favor with uber to get potentially to be the underwriter. here is what we do know. over at morgan stanley they balked at doing same thing through their retail client base, obviously the biggest on wall street, 18,000 brokers. why didn't they do this? the terms uber was demanding, type of valuation it would sell at, it would hurt or put their retail investors at a disadvantage over other investors already into the stock. liz: wow!, they're being nice about retail little guy? >> one of the whole quirks in this the financing arrangement goldman has in order for retail to make out as well as existing institutional investors, valuation of uber has to raise $52 billion. we know it is 40 billion. a lot of people think that is insane. they have to do ipo. i think they will do ipo. everybody on the street does ipo. suppose they sell it, it is unclear, if they sell it or remain private we don't

i have to say, anthony scare my i chi and other -- scaramucci and other smart people say interest rates will not rise you. bob, i want to ask you about something in particular this downturn the past week, is half as bad as the downturn in october but it still bothers you more than what happened in october. why, bob? >> well, because we were waiting for this 10% correction. we got over 9%. there was a ton of money wait in to buy at that point. i don't think that money is there right now. i do think interest rates are going to rise. i do think the fed is prepared to stay the course, contrary to the ecb you put that all into effect and this one worries me a little bit. liz: who else is worried? brent, are you worried about anything out there. >> i want to point out, retail sales numbers are up .7%. that include gasoline seas. gasoline sales are down because prices are down. 1.8% or.. 8% so retail sales are very strong. i see a very good holiday season. we'll see great numbers in january and february. we'll see rate rise by march or april, not june. i know i'm minority. liz: before the fed