so david steinberg is with us. welcome. of all, do you believe the fact that the job's report might be a little better than initial expectations, john? >> i think they were toned down by last month. last month was a poke in the eye with a sharp stick. i think this will be better. >> i will say 110. >> i'm in an agreement. i think you will have a lot of movement in the markets. it's a holiday week. >> it worries me that everybody says it will be better than expected. its me that the markets will go the other way. >> i think 110,000 is mediocre. it's just -- i think people are still a little nervous about it. >> you have europe slowing, china slowing down, where is the strength coming for our jobs number here? >> you will have chronic disappointment in jobs numbers. there is monetary policy, and until they get going in the right direction, it will go month over month over month. >> those guys know how to work their way through it. >> that's something that's really overhanging the market right now, and everybody that we talk t

. >> my name is david steinberg and privileged to be from long island university. i'm privileged to welcome all of you to what is the beginning phase of the 63rd george polk awards. it's extraordinary that and it's gained strength and stature over the last decades. this remarkable man who was pursuing a story and was murdered because of it and then, of course, was there a complicated second half as an investigation was launched as to who killed george polk leading to some of america's most distinguished journalists participating at the very beginning of the cold war. so we are proud and privileged to keep his memory alive and to celebrate him and this evening's activity, i think we started, ralph and i were discussing whether it was 21 or 20 years ago. i think i may have said 20 years last year and i'll say 21 now and it's certainly in that universe and what we suddenly realized was that at a lunch which will take place tomorrow where everyone is allowed, i think, a minute and a half to speak and some obey and some don't. there is a sense of rush and so we decided

we bring in strategy talk right now with david cudlan, david steinberg, and keith wertz. how important is new stimulus from the federal reserve right now? >> the market has been waiting for this announcement for a couple months now. the gdp being released -- i think the market is preparing the fed is preparing the markets for action on the horizon. >> why do that? why come out and say if growth doesn't pick up we'll be there soon. >> i think they wanting to take action. it's ironic, if you think about the last 20 years, it's been rare. it's been taboo for the fed to take action. things seem to be difference. i think the fed really wants to take action and not being criticized. they're getting the market psychological for action. >> let's get to steve leisman, he has more details on what fed is saying here, saying if brout doesn't pick up, they're going to be there. >> there's not a whole lot of new information in it when i think about what's been said on air for the last several weeks and when i read this report. but what the story says, and let's be careful, it says the

my name is david steinberg and i am president of long island university. days of the 63rd george polk award. it is extraordinary that this award has gained in strength and stature over the last decade. pursuing the story and murdered because of it. then of course there was a complicated second half of an investigation launched into who killed george polk, leading to some of america's most distinguished journalists participating at the very beginning of the cold war. we are proud and privileged to keep his memory alive and celebrate him. this evening's activity -- i think we started, we were discussing whether it was 21 or 20 years ago. i think it is 21. it is certainly in that universe. what we suddenly realized was that at a lunch which will take place tomorrow where everyone is allowed a minute or so to speak. some obey, some not. there is a sense of rush. so we decided we would create a seminar for students, members of the working press and others interested in the topic. to invite several of the award winners to have a chance to talk about what they di