dr. nouriel roubini wants a new name. his latest insight says interest rates around the world will gradually rise and he is suggesting investors pay close attention to stock market exposure. he is also less pessimistic. he says the economies of the u.k. and japan are showing signs of growth. coming up next, we'll talk about ireland where the economy is getting better. we will take you shopping in our report. and women are giving the retail industry boost. they love to run, jump, throw and hit. that is your hand. here's a quick look at the markets before go. wall street ended the day modestly lower. this appointing prophets. and billing did pretty well. -- and boeing did pretty well. >> welcome back. it has been a rough few years since the 2008 economic crash in ireland. but some parts of the economy are recovering. the consumer confidence. retailers say that shoppers are now willing to spen more. but not all types of retail are on the mend. according to economic and social research institute, ireland's consumer sentiment

dr. doom correctly predicted the collapse of the housing market. nouriel roubiniging his unique expertise to the oil market. stocks are under pressure on concerns over d.c. gridlock. take a look at what the dow, s&p and nasdaq are doing. our chief washington correspondent, john harwood, has the latest details. >>> i wanted to bring you up to date after conversations with aides on both sides about the trading between harry reid and mitch mcconnell as they try to strike a deal. harry reid is asking for a t two-month, extending bill. mitch mcconnell wants six months. that means longer for the sequester spending levels to remain in effect. democrats are hoping to alleviate those. harry reid wants six-month in the debt limit. democrats want it shorter. they want a shorter one because it eliminates a moment of crisis if they can get it done. i do hear from harry reid's office, the democratic leadership, that if they do get a deal today, the senate goes in at 2:00, we will wait and see what they say. ex p expedited deals could happen tonight and house would have time to