meantime, david darst is stopping by today with his market acronym of the week.urprisingly it is tied to tomorrow's events coming up. ofd ? ciorsy do ofd cturavsuri th fototal kens iblesdo d. stop >>> seven minutes left in the trading session here with the dow down 73 points. we're getting a foreign language less sin today from our friend david darst. >> global. >> i'll be very quick today. no entomology although the word entomology come from entmos. global is globalization. globalization has led to integration of the world economy, but disintegration within each country's economy as people have felt left behind. the l is low volatility. it's up to 13 but that's still very, very low. it's very lethargic. it's very lackadaisical, very lackluster. be careful. it could move. g-l-o-b. o is oil. you want to focus on oil services. today's oil services companies without whom you cannot reach the shale deposits around the world. b, g-l-o-b. b is banks better. the trading goes along with the net interest margin, which is the higher interest rates, regulatory relief. that

david darst. how are you?> bill, regardless of your political persuasion, i think all-americans want to congratulate joe biden on winning the presidential medal of freedom. good man and i know his son bo was shining down from heaven looking at his dad. >> you know he was thinking about him when he got that. >> that's right. exactly. well, we have been in a sort of back and forth pausing mode the last -- since the beginning of the year, actually. i think, number one, p, pause, is politics reasserting themselves. politics meaning press conferences. it means pointed questions at hearings, okay? it means partisanship and that has taken a little of the air out of the foray that came from november 8th until december 31st. a is asia. and we have china needs to make their currency weaker but that makes more people take their money out of china, which they're trying to halt that. so there's a little bit of a hobson's choice there. he had a horse in his barn, you could take the horse or leave it. it's a little bit of a

david darst is here with your acronym of the week. welcome, sir. >> nice to be here.et me wish everybody a happy chinese new year. the year of the rooster. roosters are very hard working, prepared and look good, like you, michael. >> except they take credit for things they didn't actually do. the dawn, that's the old saying. >> oh, come on. >> with all of the things going on this week, the market acronym has to be action. presidential memos, eight proclamations and one decree, okay? he's given 4, 8, 1. action means asia. asia, two things that need to happen are happening. japanese currency is weakening and the chinese producer price index has been rising. worried about deflation in china. now they might export a little. inflation. the c is currency. the dollar, i think it's a wonderful little mutt and jeff, husband and wife scenario, good cop, bad cop. trump talks it down, steve mnuchin talks it back up so it kind of keeps staying steady. it's off about 1.5%. t is trump's policies and what he's got going on. i would say it's interesting that as he talks about perhaps