that is goldman's bread-and-butter.branded. >> what should we look for it citigroup? >> continued healing. you looking at the international business. it is the great international business that they have had. it has been weaker lately. >> a shareholder on the buy side of many of these banks. are you different -- busy over there? >> i am looking to see if they are trading in the premarket. >> up about 7/10 of one percent. >> even with that, goldman sachs is cutting the pay. would not say even, but i would say it is up because of that. >> that brings us to our twitter question. should the u.s. cap banker bonuses? tweet us. we will also look at best buy shares. ♪ >> good morning. an incredibly busy morning. goldman sachs just out. citigroup is out at 8:00. that will get us to "in the loop." >> so much news. i am focused on the oscar nominations. in about one hour, we will tell you. that is what i am watching. i am also watching the news you are talking about. the breaking earnings from goldman sachs. we will be all over th

goldman is how to take advantage. once jpmorgan get out of its litigation, $22 billion and counting -- >> hold on. >> it is incredibly well-positioned to take advantage of the economy. paid $31jpmorgan just billion? you cannot say this is not a hit. some level of victory for the government. erik? >> i am inclined to side with bill. i am in between. we had an argument this morning. i am skeptical that it is a golden age for wall street. i look to your point about the folks who think washington won. marketat goldman sachs's cap, they have a market cap of $83 million. at itss down a bit, peak, its market cap was out $100 million. capashington won, market would not be down 17%, it would be down 50%. >> if washington really won, jpmorgan would not be up twice six percent -- up 26%. improving, they are well-positioned to take advantage of investment banking services, money management, all the things. there cost of capital is close to zero. would you rather be, a goldman sachs pre-ipo partner 12 years ago or goldman sachs --

goldman sachs is cutting their bonus pull down.oes that mean they are losing the best people you go it jpmorgan pays jamie dimon less, does he go somewhere else? point, exactly, you are not raising your own capital, there is no better job in the world and working on wall street. where else can you get paid even less than you get paid? even if goldman sachs cut its bonus pool, where is there anywhere you can get paid anything like on wall street not risking -- >> here are the numbers on it. goldman sachs in this last year, i believe the second lowest they, or the compensation ratio is the second lowest since they went public, but if you average it out, each employee at goldman, would still be owing -- earning about $300,000 a year, compared with the average american -- >> that is better than the nfl. >> what if that have to do with anything? what i am saying is in terms of -- >> what is that have to -- >> i am saying, compared to the americanscome of that $50,000 the year, you are -- >> and what the risks are you taking? you are wor

i want to sing a requiem for the golden on -- goldman got -- goldman bond trader. last year it had a in -- a revenue of $8.5 million. generated fixed income trading revenue 8.8 and jpmorgan, a year after the london whale trading scandal, had fixed income of $15.5 billion. it is not a rounding error. we are talking about goldman sachs, almost half of what jpmorgan is. that is a stunning development. >> i really do not think so. i think the institutions are different sizes and it depends on how much capital they allocate to these particular businesses. goldman has been notoriously excellent. capital management trading, they are having trouble with return on that day. one thing they can do, this is another aspect of the golden age for banking, that i think competition will come down. between $.40 and $.50 of every dollar of revenue -- if you want to improve return on equity, if you want to improve net income, if you want to do something shareholder friendly, you will have to cut compensation. >> they are losing a lot of talent. a lot of talent is going to private bank

and i had the best teachers in the world at goldman sachs.f the great hedge fund managers of our time, lee cooperman. he put on an investing clinic almost every day of which i never missed a session. hardly an hour went by when i didn't hear a new great idea to explore. you know who i really learned from? my customers. chiefly wealthy individuals from all walks of life. it was at goldman i learned something that still isn't understood by many, and that's individuals can and do beat the market quite regularly. why don't they know it? if they only worked at goldman with me they would see it, they would know what i saw. no, they were all unpractical. when i was at goldman i had nondiscretionary accounts, meaning that i wasn't allowed to invest anybody else's money with my own trading ideas or investment unless i could win them over to make the purchase. remember, i was on commission and made money with buys and sells. there was no 1% fee or 20% for the wins. that came later with my hedge fund. that's where i learned how important it was to talk

i love goldman sachs, i love jp morgan, i love the entire financial sector so if you wanted to play it just on a macro basis, you can go into the etf or the xlf, but really goldman and jp morgan is what i'm watching. > >what would your play be on the consumer and consumer spending just for everyday goods? > >the economic news has been pretty good. i like the consumer staples industry. i like the procter and gambles of the world. i like coca-cola quite frankly. these consumer staple stocks---the ones that have just not really outshined the market but have just trended and stood through the marketplace as rates got incredibly low---these are also going to shine this year. > >will the sun shine on alternative energy stocks this year---such as solar panel stocks? > >i do like it and i think there is going to be so much more money spent on r &d in these stocks and there are two in particular that i like. first solar and then a company out of china called csun--china sunergy. > >moving on to sectors that you would stay away from in 2014.

were 24 years old making a choice between blackstone and goldman sachs, what would it be today?> good one, erik. >> i love goldman sachs, as you know, so my heart is always with the firm in particular. blackstone is a great firm, though. it is smaller, more entrepreneurial. it is a tougher choice now, and these private equity firms and something smaller is very compelling today. >> all right, rob. >> that is a noncommittal answer. >> always great to get your thoughts. rob kaplan joining us from harvard. >> when we come back, we will talk about glaxosmithkline. the company says no to driving doctors anymore. >> more in two. ♪ >> you are watching "market makers." glaxosmithkline announced it would stop paying doctors to promote its drugs. some would call the practice bribery. that is going to bank far. the law decides what bribery is. but it is controversial for sure. let's establish for everybody what glaxo was doing exactly. >> it is hard to believe, but this was a totally industrywide standard practice, and it was so for decades. what these big pharma companies do is pay doctor

manus cranny at the goldman sachs conference.ys ubs will not spin off its investment bank. he says the current model is working. stephen engle spoke to him in shanghai. take a listen. >> it is a very small elephant and there is no speculation. the investment banking segment is very strategic to us. we have been making a lot of changes to our strategy. the strategy is working. we will focus on supporting our clients. assets andery fine capital that we want to put to work in the investment anchor and a business model that works. therefore, there is no necessity for estimate changes. >> is a spinoff one of the options you are considering? >> we are not considering that option. >> what would be next for you? are you happy with this pace of asset reductions right now? >> we are ahead of our targets that we announced two years ago. one year ago, we announced an acceleration of that strategy. i think that we are happy with the pace of what we are doing and there is no necessity for us to revise our targets. are there other potential ass

a down one for profits at goldman sachs. american express's winning recipe mixing expense controls with steady spending by its affluent client base according to one analyst. >> i think three things, myself as well as most investors will be looking at will be spend volumes, cost control and credit performance on tomorrow's print. >> client spending, seen rising 7.5% last quarter with, annex seen delivering on its promise of capping expense growth at 3%. net of the efforts expected to be a 12% rise in the company's fourth quarter profits, once you account for charges that am ex took in the same quarter. revenue growing to $8.6 billion. like american express, steven chewback said the key to how goldman sachs handles expenses in the fourth quarter, specifically compensation expenses. >> we believe there will be leverage in the fourth quarter consistent what with what we've seen. >> meaning that the amount the investment bank puts aside to pay employee revenue. goldman will have expectations for a 28% decline in fourth quarter pr

. >>> and goldman sachs and citi both return key numbers ahead of the bell. analysts expect a rise in citi's profits with the pressure of fixed income trading would probably weigh on its revenue. goldman, meanwhile, is expected to report in both profits and revenue, with reuters forecasting a 24% fall in earnings per share. wells fargo and bank of america both beat estimates in the week. it was a good number from bank of america. 3 billion jump in revenues. so that has everybody a little more excited. >> yeah. the reserve release, patting the bottom line on these banks. to me, that's not fundamental growth. it comes back to you later on. but that's not growth. >> you don't want padding of the bottom line. >> we don't. >> no, absolutely not. meanwhile, there's only one thing more predictable than the quarterly earnings report. mark carney has rejected the cap for a cap on the annual payout. we want to know do you still care about banker bonuses inspect i don't know what her view is. >> i do. i think we're going to have to have an argument about this. >> okay.

between the city, goldman, j p.m., which one has the greatest? >> goldman.e a lot of prominent hedge fund analyst that have very negative estimates going into the quarter. it is really interesting to see that, compared to previous quarters where goldman has blown out estimates. our investments have been above the street on every quarter. this is the first in the last nine that it has been below the street, so interesting there. i know you have intel, have done some estimates. what are you thinking there? intel has seen a cyclical uptrend in mobile. once you have these large names going, it is hard to turn around. those cycles usually last six, seven quarters. they are right in the middle of that. we are seeing revenue estimates above the street right now, which is interesting. they put out a bunch of gadgets at ces, but it is really noise against the semiconductor products. >> as far as what you are doing you have 10 people now, but you are probably growing. >> we will be adding some data sets in q1 and q2. macro will be the first one we will add in next two

or is it that when goldman sachss speak, investors really listen?dman came out today saying that stocks are starting to hook overvalued cue to the s&p ratio -- due to the s&p ratio number. we knew that. so is goldman right? we have traders at the new york stock exchange, cme group and the nymex. ben willis, the price to earnings multiple of all the s&p 500 companies now hovering around 16. historically, that's not so expensive, but do you think that's why the market is down so much, or is it, oh, we wake up and realize that friday's jobs number was that bad? >> i think it's, the market is catching momentum to the downside because of stories like goldman sachs. but if you've been listening to fox business for the last zell weeks -- several weeks, you've been hearing guys like me telling you that the market is wavering. even though it's 16 times pe, we're in the middle of historical range, but the run we've had has not been made healthy enough without a significant correction. and within goldman's quotes this morning, they talk about the perception of

which floated the company that took the company public and goldman sachs and u.b.s. the companies paid a stumping sixteen point nine million pounds by the government for managing the privatization were questioned about the price discrepancy by a parliamentary committee in november they denied any impropriety claim the three hundred thirty p. price was correct according to their research and described the whole fiasco as a well executed transaction less than a week later goldman sachs issued a note to its investors advising them that the price of the shares would settle at about six hundred ten p. which they have now settled that now j.p. morgan at the time told the government when they were in for the running of taking the company public the royal mail they said it would be six hundred to seven hundred pieces so they could have gone with that instead they chose for some reason to leave two point eight billion pounds on the table for how did they end up with this losing that money it's the dallas discount it was the kickbacks from some party they were disco dancing on

morgan to goldman sachs for example will be able to go in and change the the number of shares and the amount of money they have on deposit so we'll get rid of the accounting and they count in fraud as well because it won't you won't be able to cook the books using open transactions on the block chain won't take another example basil three accord which is supposed to be the master agreement for little minimum capital requirements for banks they just came out and said that we're going to make it easier you don't keep so much capital on your books because that's the collateral use of your books to go in through this fractional reserve banking law and create these concatenations of multi lever pyar pyramid pirated pyramid ponzi schemes all that gets blown by having true transparent counting totally accountable and distributed the total accounting is distributed to everybody on the network so . everyone will know exactly what the banks own as collateral collateral values will be all aaa because bitcoin is a aaa credit big point is aaa credit there's only two or three countries in the world

you know after goldman i consulted to the industry for quite a few years in many different capacities and. frankly i when i started the blog i simply was chronicling the progress of what turned out to be the crisis if you simply read the newspapers you could see a big disparity between what was being reported in the u.s. and even what you were reading in the financial times if you knew something about finance and could read a little bit in between the lines but what i was just stunned after the crisis when basically nothing was fixed and the banks couldn't even be bothered to rein it in i mean two thousand and nine they paid themselves two thousand and nine and two thousand and ten after having been rescued by taxpayers they paid themselves higher bonuses i did then they got in two thousand and seven the previous record year it was just their conduct was just disgraceful and so that was when i really moved into being a full bore critic and it's also i mean it's almost comical given the bonuses situation after like you mentioned now how was the wall street that you knew during your day

of all the top comanagers, jpmorgan, morgan stanley, goldman sachs, goldman sachs is the only, the onlyng on this, not only buy rating, they blow away everybody else in terms of their price target at $65 a share. they rose their price target yesterday at 40%. would say this to investors this is controversial stock now, twitter. a lot of people think it is right for a fall. can tell you my producer julie did a pretty interesting story, can't wake for the lockup period when shares go outstanding to start shorting things and borrow the shares and actually short it. this is something i think, when you goldman sachs does something like this, yes it is a great firm. it is also a firm been known to play these games in the past. investors have to worry. they have to look at this rating as one of the more conflicted ratings in the business, meaning they got paid $26 million in ipo fees and they got the most money and now when twitter needs it the most, there has been selling pressure, they came out with a hail mary pass and it actually did work a little bit. the shares went up i think something

you know after goldman i consulted to the industry for quite a few years in many different capacities and. frankly i when i started the blog i simply was chronicling the progress of what turned out to be the crisis if you simply read the newspapers you could see a big disparity between what was being reported in the u.s. and even what you were reading in the financial times if you knew something about finance and could read a little bit in between the lines but what i was just stunned after the crisis when basically nothing was fixed and the banks couldn't even be bothered to rein it in i mean two thousand and nine they paid themselves two thousand and nine and two thousand and ten after having been rescued by taxpayers they paid themselves higher bonuses they did than they got in two thousand and seven the previous record year it was just their conduct was just disgraceful and so that was when i really moved into being a full bore critic and it's also i mean it's almost comical given the bonuses situation after like you mentioned now how was the wall street that you knew during your

goldman has indicated higher, 179.41 is up. in the good old days, goldman would beat by a mile. estimate was 422. the high on the stock is 181.13. that would be a multiyear high. we're just off a new high for goldman sachs. >> they beat by about a billion dollars, too. the estimate was for 7.71. did you say 8.7? >> this is a pretty easy report here. it's almost like shooting monkeys in a barrel. >> that's good. that's good. >> i have a list here. i'm not making these up. you got anymore. >> a couple things. >> mixed metaphors? >> i was going to tell you what lloyd blank had to say. we are working onned avoonsing our cost franchise, it's the cost discipline you have to watch on this. they've done -- their costs are much lower than they were last year. has allowed to us provide solid returns even what he's calling a somewhat challenging environment, he believes they're positioned to provide solid returns even as the economy continues to heal. institutional client services, fixed income currency, commodities, that's down in a meaningful way. 13% lower than 2012. that's really sort

we have julianna goldman and richard miller.ell us what the figures mean. >> gosh, i feel a little bit like charlie brown and lucy where he goes to get the football and she takes it away. we get something like that. >> bring it back. >> right. a lifetime employment. it was disappointing. we had bad weather a couple of weeks ago. remember it was also bad in december. that depressed the hiring, in construction particularly. >> over all, when you look at the economy, there are a lot of good signs and bad signs. it is not just one month, but a little bit of that. >> most of the numbers have been on the upside. consumption has been picking up. especially my the well-off. they have got a trillion dollars worth of household wealth. they are starting to spend more on capital investment. overseas it is looking better. the numbers have been looking good. people were hoping that we would get this escape velocity. >> is the velocity last week. >> rocket. >> the announcement on friday was that they would appoint stanley fischer as the vice c

economics with the chief economist with goldman's -- from goldman sachs jan had see us -- jan hatzius. chief executive is denying reports and that's what syllabi third-biggest bank will spin off its investment banking business. ryan has more of the details. >> ever sent to join ubs a couple of years ago he has been all about cutting. they close many of the debt trading desks. they are a little beyond halfway through cutting 10,000 jobs. it in an exclusive interview with us, sergio armani said as far as investment banking is concerned, they are done. >> our investment banking business again has been restructured and is up and running and the model is the one you see today. as no need to restructure. -- there is no need to restructure. we are able to generate i would say in a still fairly challenging environment, particularly because the environment was not so positive and we work through a big transformation. putast thursday analysts out a note saying ubs is considering spinning off its investment banking arm. you just heard the denial. i asked chris wheeler who put the no doubt last w

at goldman today after a series of sell ratings in the past couple weeks, goldman says we're going to to lead us to the ebitda others aren't so sure is coming. >> and shows what's so tricky about the stage of growth. amazon was able to start with books at the time and then have -- bezos was able to have the vision to extend in the right way at the right pace. he didn't stay stuck in the same place. he didn't grow too fast. we're seeing start-ups from snap chat to fab to guilt trying to strike that balance between not moving fast enough to extend to the next thing and moving too quickly and kind of blowing things up. so we'll see if twitter is able to do that. they've got a great base in mobile, but they're going to have to extend that, i think, to something else beyond what we know of as twitter today, beyond what we know of as vine in order to really grow into that valuation. >> february 5th is the earnings call. we'll get a lot more information. that point's been made is you really know very little off of the ipo, the real information and data is forthcoming. john, good to see you a

goldman takes aim at several aspects. it has moved up further than every other biotech and it's done so without goldman being on board. i also think it's worthy of the big multiple expansion and the big estimate increases. second, the analysts question the possible success of the anti-psoriasis drug. i'm a huge believer in the potential of this drug and i think it will have a much longer reach than just psoriasis. goldman questions my analyses and suggests there could be competitive threats for this drug. i'll admit that if goldman is right, then celgene could pull back more. one of my tenets is that when you have a theme like biotech and a company like celgene, you use the weakness to buy, not sell. second, you need to have conviction in the ceo. he thinks he has some real winners in the pipe. so far he's been right. why do we cut and run? i don't. he's bankable. that's why this decline is a terrific place to start a position. you want to buy 100 shares, buy 50. this is a $160 stock. i just want you to recognize that the

well let's look for example goldman's. enough global peter b. a c. was fully aware of weaknesses in their systems and weaknesses in their ability to control the transactions that corazon started doing he really pushed that company way beyond its core way beyond the kinds of things that it was really in business for but investing in sovereign debt and peter you see never raised any kind of concern about the weak internal controls or the we corporate governance corps and was trading on behalf of the company while also being chairman and c.e.o. and one supposed to be keeping an eye on everybody else now after the enron and world com scandals sarbanes oxley that was supposed to hold c.e.o.'s and c.f.o. as accountable why do you think we haven't seen more senior. or auditors of banks get charged with accounting fraud in the wake of this finance. well as many have written the prosecutors believe that charging individuals with accounting fraud is really really really hard it's much easier to take a general viewpoint and the corporation and say well let's lo

and finally goldman sachs has quietly been moving thousands of jobs from pricey places like new york and london to cheaper locales like salt lake city utah and apparently the cost cutting measures they're working now one former salt lake city employee recalled visits from senior executives taurine offices in salt lake there were filled with awkward banter about the mormon religion along with an emphasis on how important the office was because of how cheap it is for goldman now the migration of jobs to lower cost cutting centers has created some tension between goldman employees in new york and salt lake city who get paid different amounts for very similar jobs now new hires in salt lake cost about thirty percent less on average than employees in the same role in new york and the bank senior executives are pleased with how their experiment salt lake city is working out so far so they say they'd like to build it up even further. well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. our next guest and headed for is a world renowned ec

to the chiefme economist at goldman sachs. kevin, congratulations on your award.served 2013 ended remarkably strongly. it is unrealistic to assume it will be white a strong through 2014. there will be two positives. there has been a slow ongoing recuperation of the banking system credit provision that is -- the we have been very highlight has been important in 2013. i think the ongoing recuperation will continue to support growth. i also think there is likely to be stronger demand in the main sector, a moderate improvement. against that, the reason why growth will moderate this year is the sharp rise in sterling exchange rate. up six percent from the average of the first half of 2013. that is enough to knock around one percent off the level of gdp over a. of two years. we think the recovery will continue, but at a slightly more moderate pace through 2014. about are confident productivity growth. the main problem for the bank of england is rising sterling? >> for now, i wouldn't be meetingd in the january when the minutes are r

and finally goldman sachs has quietly been moving thousands of jobs from pricey places like new york and london to cheaper locales like salt lake city utah and apparently the cost cutting measures they're working now one former salt lake city employee recalled visits from senior executives taurine offices in salt lake there were filled with awkward. answer about the mormon religion along with an emphasis on how important the office was because of how cheap it is for goldman now the migration of jobs to lower cost cutting centers has created some tension between goldman employees in new york and salt lake city who get paid different amounts for very similar jobs now new hires in salt lake cost about thirty percent less on average than employees in the same role in new york and the bank senior executives are pleased with how their experiment salt lake city is working out so far so they say they'd like to build it up even further. well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. our next guest and credit for it is a world renowne

and finally goldman sachs has quietly been moving thousands of jobs from pricey places like new york and london to cheaper locales like salt lake city utah and apparently the cost cutting measures they're working now one former salt lake city employee recalled visits from senior executives touring the offices in salt lake there were filled with awkward banter about the mormon religion along with an emphasis on how important the office was because of how cheap it is for goldman now the migration of jobs to lower cost cutting centers has created some tension between goldman employees in new york and salt lake city who get paid different amounts for very similar jobs now new hires in salt lake cost about thirty percent less on average than employees in the same role in new york and the bank senior executives are pleased with how their experiment in salt lake city is working out so far so they say they'd like to build it up even further. well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. our next guest and pettifor is a world renown

a goldman sachs report saying stocks are too pricey. and to top it off, more comments from a top federal reserve official. that was enough to give strors jirts. the dow posted its biggest one-day decline in more than three months. the blue chip dow stocks tumbled 180 points, a drop of almost 1%. nasdaq fell harder, losing 61 points, or 1.5%. and the s&p was down by 23. bob pisani has more on today's market action and trader talk about the new york stock exchange. >> reporter: stocks started mixed but moved lower midday and closed essentially on the lows for the day. goldman sachs issued a report on stocks saying valuations were lofty by almost any measure. midday, atlanta's fed president dennis lockhart said he would continue to support the fed's tapering program. >> lockhart came out today and said the fed would continue quantitative easing policy and after that weak nonfarm payroll number last friday, that put a little confusion in the market and set the tone for the sell-off we saw today. >> reporter: another issue for the markets is

manus cranny standing by with more from the goldman sachs conference.kostin and he is probably one of the best people to talk to about u.s. equities in terms of tapering. great to have you with us. friday's jobs number, everybody says it is an anomaly. we are in taper mode. we have two little events that could change perspective. how do you look at the market? you had that pretty poor jobs number. anything unsettling? >> no, i think the way to think about the market is the level of earnings. the multiple which should be applied to that earnings growth, that is really the fundamental driver of the u.s. equity markets. interest rates are an important consideration but the rates we are expecting -- the earnings growth should be rising around 8% this year. we will get the final numbers for the fourth quarter results in the next couple of weeks. $108 growing to $116 this year. that is likely to be the principal source of return for u.s. investors. multiple is now at 16 times which is historically speaking a pretty elevated level. >> we are still going to get

goldman sachs is down 2.1%.rt the them, currencies, commodities, these are areas they do well in however not this latest quarter. one thing interesting for goldman sachs, compensation and benefit expenses did fall. so what they're paying out to the folks that work there, which is, they pay out 36% of the revenue and that is the lowest since 2009. they have cut back on that. citigroup talking about the fact that they didn't finish as strongly as they would have liked but they have made substantial progress towards key priorities in 2013. the latest on nu skin, let's bring that up. that is very busy over the last hour or so, halted several times, down 33%, down 38 bucks at 77.12. the low was 67.51. the company says it is too early to know whether previous guidance will be effective. that will be interesting if they have to restate any numbers. they are working with the government and the fact they're reinforcing training and education efforts. meantime the stock is blowing here. ashley: wild day for nu skin, nicol

was for goldman? 37%. they are at $13.39 billion in 2009 with revenues at $23.3 billion puts it in some perspective. nonetheless a strong quarter, don't get me wrong, for goldman in many areas particularly in investment banking and others. good underwriting, good for the year and not as strong in the fourth quarter and they came in at a comp ratio of 36.9. >> yeah. >> which they've moved a lot lower. 48% was the comp ratio in 2008. >> wow. >> and the lowest they've ever had is 35.8. that was 2009. they made so much money that year. >> this is one of those where the hamptons will notch up a little bit in terms of value for this but not going to soar. one thing that is so interesting about goldman, we felt if they get -- the volcker rule is really going to hurt them. no. >> no. >> it hasn't been completely codified so to speak. >> no. but you look at their businesses. they're finding new ways to make money. citi did not find new ways to make money. >> you worried about citi? >> i would have liked to have --

overlooked in the goldman sachs earnings report is how goldman was able to cut down on their labor osts. they did it by moving. we will talk about that coming up. here is what hersheys next step is in chocolate production. 3d printers, chocolate and 3d. another big battle brewing over those slate fees, it is all straight ahead as markets continue. don't go away. [ chilen yelling ] [ telephone rings ] [ shirley ] edwa jones. this is shirley eaking. how may i help you? oh hey, neill, how areou? how was the trip? [ male announcer ] with nearly 7 million investors... [ shirle] he's right here. hold on one sec. [ malennouncer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. ♪ it's how edward jones makes sense of investing. my dad has aor afib.brillation, he has the most common kind... ...it's not causedy a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take warfarin every day. but it looks like maybe we s