can conagra join the ever-growing parade of food stocks doing well? i don't know. we'll find out thursday. i'm a tad worried about sales from tesla, as ford and general motors had lighter than expected numbers when they reported today. what will car max tell us when they report. the stock looks like it's bottomed, but let's see first if it's a false breakout. usually i don't care about shareholder meetings, but on friday, we could have some sort of fireworks when marriotts tallies the votes on its plan toll buy starwood. the ambac suddenly and unequivocally dropped out last night. and we had to think in the end that marriott got bluffed into paying a lot more -- marriott got bluffed into paying a lot more than anyone at the company would have liked. but, you know what? i still think the combination could work at these prices, but we might get blowback. marriott stock down horribly today. so ever since janet yellen removed the fed from the equation with her need for caution on rate hike speech, we've been able to invest in individual stocks without bizarre, discorda

es today lauder, kimberly clark, coca-cola, altria, conagra, general mills, johnson & johnson, kellogg's, mckor oh miracle, molson. what do they have in common? they take raw commodities and make them into something. they refine them, package, sell them here and overseas. many pay good dividends. what does it mean to see these companies on the new high list? first, the ingredients -- what the companies use to make stuff from wheat to hops to sur fak tant in shampoo to toothpaste whitener are cheap and getting cheaper. second, packaging is going down in price and they use a ton of packaging, plastic, fiber board. third, distribution costs have to be at a bigelow. that's oil and gas. finally because many of them sell overseas this tells me the dollar has peaked versus the currency of our trading partners. some of you think, wait a second, aren't the stocks indicative of a shrolow down ine economy? isn't this a recession? in my thoughts that's the old view of how to look things. they have raised prices to you consistently. i think what it says is these companies will have an explosion in gr

bright spot in the tough market day, conagra, up 2% after the package food company beat q 3 profit and. the company saying it is preparing to spin off its frozen potato business this fall which will eliminate 1500 office jobs. stock up 1.4%. >>> governments around the world looking into possible illegal or unsavory financial activity after 11.5 million documents from the panamanian law firm were leaked this past weekend. earlier today the u.s. treasury department released plans to release a rule forcing banks to seek identities behind shell company account holders. still need to be presented to the white house for review. we'll see if that happens. let's bring in former panamanian minister of economy and finance, mr. delima. you know why you're here. as a result of this past weekend, many people around the world, they think of panama, they may think, wow, this is a country that helps corrupt russian politicians hide the money they have looted from their people. i gather you take issue with that. >> well, i like most panamanians feel offended that the documents have been dubbed the pana