brendan: i think brian belski did a dance mix and go go, oil, oil, emerging markets. ne of those kids in line for the booster shot in 1974. tom: where does all the cash under the mattress go? do you just assume it goes to your world? brian: when i learned the stock market business over 20 years ago from william of neil and company, the adage was that dumb money was retail, smart money was institutional. it has flip-flopped. the retail investor and the private wealth person has been positioned for this, averaging in, slowly coming into equities, shortening their duration on fixed income. they are freaking out trying to chase the market and protect jobs versus create wealth through portfolios. that is where the wealth is. so people are slowly coming back into the equity market. tom: chelsea clinton's husband, blowing up in a greek hedge fund -- those reports -- do not put all of your investments in one basket. brian: investing should never be a binary event. tom: thank you so much. the forex report, sort of a quiet report, but there it is -- the yen ever stronger. 117.49

brian belski at bmo capital markets will be with us tomorrow.oment to talk to brian belski after the miserable january we saw in the market. right world news with brendan greeley. >> falling profit for bp was down. oil prices disrupts spending. profit fell from $2.2 billion, sorry, from $2.8 billion a year ago. sorry, profit is at $2.2 billion for stub analysts expected $1.6 billion. they sell access -- they sell assets to safeguard returns. spain's largest lender santander says revenue increase in the fourth quarter, net income came in up from $979 million a year ago. the results were in line with analysts' estimates compiled by bloomberg for stop lenovo posted process that beat estimates and expanded profit share for computers and smartphones. the stock rose in hong kong that is its biggest gain on an intraday basis since january 2014. those are your top world news headlines. >> speaking of world news, let's look at angela merkel. a few headlines, not a lot, but merkel really throwing the ball back to the greeks. >> we have an waiting for ange

we will talk to brian belski of bmo capital about how you invest in the united states given a low interest low rate regime. robert michel will join us. we will talk to him about the bond business and findings the coupon and the distinction between very low yields versus the corporate world right now. the two-year in germany is stunning. 0.199 negative. we will speak of a china, a very patient china. i know without breaking news on china's interest rates -- we are seeing a race to the bottom. >> i like the way everyone is prudent. they seem to have some firepower behind the business. >> well, i put on a prudent bowtie this morning, so we are all prudent today. we had a horrific train crash north of new york city tonight. there is still no release of the seven dead on that train. all of new york city and wall street is transfixed this morning. so many people that we know that ride the metro north on the afternoon commute. >> human tragedies. i know you will cover that. the taiwanese air crash. surveillance is in 25 minutes. >>s sky released results, showing growth. they are becoming the domi

joining us now brian belski and jeremy siegel. gentlemen, good morning. professor, to you first.o topical, are you getting worried about a deal not getting done and how that could upset your bullish forecast and some others? >> well, you had a guest on earlier and i think he had it absolutely right. it's what i've been saying. has no mandate to leave the euro. all the polls in greece said 3-1 they don't want to leave the euro. so he's playing a game of chicken and going as far as he can. but very clearly he'll have to give in at the end. he wants a little bit he can take back to the greek population and merkel doesn't want to give very much because she doesn't want a renegotiation from portugal and spain. so they're going to go on that line. but i do not see anything you know a collapse or a grexit. i do not believe that's going to happen. we'll muddle through it. the ecb will kick the can down the road again. and finally there's be some kind of negotiation. really no way out of it unless they want to leave the euro which the people don't, there's no way they cannot pay the very