principal at hewitt associates. online items looking for bad banks...on our website, a market pro talks about at-risk financial institutions and where you can find them doing business. plus, from oil to cola... we get second quarter earnings from some of the world's biggest companies...what analysts are expecting... and...what one market pro is watching out for as we head into the second half of the year. straight ahead on the show... how tensions across the world are impacting business right here at home...that's coming up after the break. a questionable election in iran, a presidential coup in honduras and missile testing by the north koreans. the global credit crunch is one problem but geopolitical tensions and even violence pose big risks to resparking the global economy. ron cruse is author of "lies, bribes and peril". international businessman at large. nice to meet you. how would you describe the business climate for u.s. companies looking at emerging markets in looking to go global? right now is very tough c

tobi tre vel with us, principal at hewitt associates. >> a lot has gone on in the market the past week. todd colvin with us with the board of trade. one of the things we've seen here in the last week or so was money coming out of the fixed income market, bonds selling, interest rates moving higher, moving into the stock market. and in the week ahead, the government's kind of run a lot of those bond buyers to be back in the market, aren't they? >> it was a big surprise last week to see yields go up over 35 basis point in tent you're with no options on the calendar. typically we see the non-option weeks the yields go lower. you're right, a lot of money coming out of the bond market and not necessarily going into the stock market at this point. i think the early move last week in the stock market was more short covering relate when had gold man sachs earnings came through the week. later in the week we did see fresh buying. buyer beware. we get to the top of the levels and we may run into resistance. irrelevant let's talk about what the bond market could hold for the stock market in weeks

we joined with hewitt associations. and we looked at 401(k) participation, for 3 million people.but when you look at the data by race, it was even more disturbing. specifically, we looked at, for example, participation rates. if you look at the 401(k) plans at the big companies, white americans on average, 77% of workers participated in the plan. only 66% of african-americans were actually participating. when we do participate, how much do we contribute? the typical white american, was putting away about 8% of their pay. the typical black american, putting away about 6%. that's a big difference. >> ideas for closing the gap here. i'm looking at those numbers. >> yes. there are three ideas that were pretty powerful. one, we think many companies don't even know this problem exists. so, one thing they could do is look at their own 401(k) plan by race and ethnicity, which is the number one predictor of participation. secondly, loans and early withdraws from 401(k) plan. an african-american is 67-times more likely to have a loan than their white counterpart. a loan should be portable.