we have david steinberg from dls capital. david's here with two big but contrarian calls you need to hear about. kevin giddis in the chair from raymond james. he will tell us if he thinks the fed will wait to raise ritz but until when? tim courtney, breaks down where he is sees real opportunity. but it is overseas. phil streible in the pits of cme. phil, you heard nicole petallides say you could see this from the minute opening bell rang. could you blame china, europe or something else. what are you blaming for this big rout today? >> i saw the news this morning and saw market action, so i saw red tie here today. you have a lot of things going on. problems over in china. they're increasing number of stocks you can sell from nine hundred to 1100. a lot of concern about margin. you can see they're looking for pull back in their markets. chance for greece to exit could be early as next friday all the way out to may 9th. a lot of people throw out different dates there. s&p was able to hold on to a couple critical key levels like 2

peter is a publisher, founder of public affairs publishing company and he is here tonight with david steinberg who is the ceo, is that the right title. i don't know if client is here. he's the president of public affairs. because of public affairs, this has happened for me. they got ahold of me very early on after the cbs 60 minutes program and taught me about the publishing business as much as they needed to and filled me full of ideas and goals and told me if i didn't succeed out in big trouble. so far i've done pretty well. i hope that goes on. i would like to do a special thanks to cbs management two films here today. i think it's called the cbs morning show. once they put it out to me i will put it on my website and if you have a book or get one you'll see the website address on the back. please stay tuned for that. show how are you he's the producer who because of tom krause and because of mark s. i got to meet the cbs people and this is what roland mika snowball downhill. so far we are still standing. the great angst of the aged amanda urban who is a partner at icm in new york. a great

david steinberg. where investors can find the long-term value. says there's one big thing investors are ignoring that could be a sign of trouble. mike, first of

david steinberg. where investors can find the long-term value.ike chadwick says there's one big thing investors are ignoring that could be a sign of trouble. mike, first of all, we've seen signs of trouble today at least in labor stats. what's up with that? what do you make with the relationship between the economy and the markets right now? >> a complete disconnect between the relationship of the economy and the markets right now. as you saw today, labor numbers weren't good. markets were at all-time highs. you have to look at the concept of what we're doing. we've been in the qe environment for four or five years. we can't escape velocity. the governments have spent tens of trillions of dollars. that's a disconnect right there. >> one of the things we saw again for yet another month, the government was she got jobs. there was a couple of places we were seeing jobs. john, how does this affect investments? mike is saying there is this disconnect between the economy and the markets. we're in this to make money for people. when does the disconnect