go to chevy.com for details. >>> just ahead, hoarding.re going to meet a woman who collected so much that her children could barely walk around their home. >> plus kelly clarkson says that she has no problem with her weight. so why did the magazine magically trim a few pounds off her for a cover photo? but nasonex relief may i say... bee-utiful! prescription nasonex is proven to help relieve indoor and outdoor nasal allergy symptoms like congestion, runny and itchy nose and sneezing. (announcer) side effects were generally mild and included headache. viral infection, sore throat, nosebleeds and coughing. ask your doctor about symptom relief with nasonex. and save up to $15 off your refills. go to nasonex.com for details, terms and conditions. summer days were not good to my skin. (announcer) new neutrogena total skin renewal. it's clinically tested to help undo the look of a year's worth of skin aging in just one week. do-overs do exist. (announcer) total skin renewal neutrogena. >> live, local, latebreaking. this is wbal-tv 11 news today

and "hoarding" premieres monday night an a&e. and spill to come, three viewers spill the beans on their favorite family recipe and show their dessert favorites. up next, how high is too high when it comes to heels? if you get nose bleeds that might be too high. hey mom. i just got your package. great. yea, mom you're the best. i thought you would like it. so, how are your classes, are you enjoying them? (announcer) it's more than just that great peanut taste, choosing jif is a simple way to show someone how much you care. we can't wait to get you home. i love you mom. i love you too. we'll see you soon. choosey moms, choose jif. the sparkly flakes. the honey-baked bunches! the magic's in the mix. my favorite part? eating it. honey bunches of oats. taste the joy we put in every spoonful. but a whole panel in creating an anti-aging breakthrough. introducing olay professional pro-x wrinkle protocol. as effective as the leading prescription wrinkle brand. challenge pro-x yourself, we guarantee the results. it's critical that i stick

employment, lower expectations, more savings, an era of frugality and thrift, a kind of economy of hoarding. in that environment, i think walmart succeeds in an era of thrift. because of that, walmart has underperformed the last several months, but i think it's time to reverse from lagger to leader. particularly versus higher end retail. >> what is the catalyst to get every investor to realize steve cordes is right, walmart shares should move higher because it hasn't worked so far this year?

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with stray dogs and people who hoard dogs. this could be one or the other, this particular case. >> did you say hoard dogs? >> yes. there are people it that have what's thought to be a possible mental illness where they hoard animals, as many as hundreds of animals, whether they be cats or dogs. >> they would argue -- let pea just stop you there. these people would argue, i love animals, i love dogs, i love cats and whenever i find one, i bring it home and let it live in my backyard or my house, because i love animals. >> that's right. >> they would take issue with what you just said, right? >> that's right but when the authorities go to these homes, they find animals that are badly treated, in bad health, malknewished. they even find dead animals, they find the animals eating each other. >> so what you are saying -- sorry for interrupting. i didn't mean to. i was curious about the point you are making. you are saying one of the problems we have in this country is that it is great to have only as many dogs as you can take care

. >>> they say it's among the worst case of animal hoarding ever in anne arundel county. animal control officers tell us the home where they rescued 21 dogs was in deplorable condition with feces piled up a couple-feet high. and now we're learning this may not be the first time for this family. delia goncalves joins us with an update. >> reporter: marybeth, animal control officers today seized the abused animals this time around. but some years ago neighbors say they took it upon themselves to try to clean up their neighbor's act. if the sight of this clutter and overgrown front yard wasn't bad enough, the smell was even worse. >> it's got an odor. >> the smell is horrendous. i couldn't even have my window open. >> reporter: that's because animal control officers say 21 malnourished dogs lived with a family of four inside 7915 sea breeze drive in orchard beach. the house full of litter and dog feces. >> the sound of the dogs howling. the smell. the smell is horrendous. i've been complaining and complaining. and nothing was done. >> reporter: that is until krista called co

. >> commodities thank you are being distorted by hoarding? >> china, it's clear that a lot of the consumption and buying of commodities by china was just to hord hoard. there wasn't any evidence of increase in the usage of commodities in china so it's clearly hoarding. >> okay. t ted, david, thank you both very much for putting in your thoughts. >>> up next, a cnbc exclusive, a small bank bucking the trend saying no to t.a.r.p. and aggressively lending to small businesses. this is the time when the answer to our economy has few places to find capital and a the federal loan program is slow to start. >> then our offbeat indicator of the day, 401(k) contributions actually going up after market weary investors pulled cash out and a lot of companies at least anecdotally apparently stopped their matching contributions. so does this signal a revival of the individual investors faith in the market. we'll be right back. some people buy a car based on the deal they get. others by the car of their dreams. during the lexus golden opportunity sales event,

. >>> they say it's among the worst case of animal hoarding ever in the county. animal control officers rescued 21 dogs from a home in terrible condition with feces piled up a couple feet high. neighbors a several years ago the same thing happened and they took it upon themselves to do something about it. >> at one time we had gotten trapped cats and it was like 70 some cats they trapped between couple of the neighbors. so been like this as long as i can remember. >> police have not released the names of the animals owner but we have learned the home on sea breeze drive is owned by janet taylor. no charges have been filed. the dogs are recovering at the animal control center until they're healthy enough for adoption. for more information about how to donate or help any of those dogs, head to our website. >>> health officials have seen a spike in the number of bats flying around the city of baltimore. more than 100 people have reported having the animal inside their homes. five of the bats captured have tested positive for rabies. animal control says if you see a

they say they are hoarding their sugar to in officially -- to artificial inflate eir prices.hesare the highesprices for raw sugar in the last 20 years. this i just ahead of the holy month of ramadan. they are bringing their o policians of badlanning and corruption contribut to the oblem. >> still to come for you on "bbc worlnews," is this gold medal-winning alete really a man? she now faces a gender test after a victory in berli fit, reports from south korea that suggests i northern neighbor is about to easborder restrictions. the north is also indicang it would li to have tks with the u.s. over its nuclear program. from sel, korea,we he this report. >> some say that mexicois, perhaps, an unlikely location, for one of the world's most secret states. but govern bill riardson, an experiend diplomat, who has visited p'yoyang, beeves thatorth korea is trying to send a clear signal. >> let'ticket vantage of this, and the next ep should be se kind ofialogue that iolves the unit states and north korea. >> -- let's take aantage of this. >> north korea released the repoers with the he

the american public is hoarding cash. there's three more trillion sitting in cds and cash equivalent. $11 trillion sitting there. i do think the american public has got to have a sell discipline. you can't do buy, hold and holds anymore, like historically the american public did. >> i'm also wondering, dan, let me bring you in on this, whether or not we're becoming too impatient. because when you look at the facts and figures of that $787 billion in stimulus package, only about 12% of that was spent by july the 31 st. so there is still quite a lot of stuff to come through the system. >> absolutely. you can make sort of a broader point that the impact of a larger portion of the stimulus package has already been felt. you've had a tax cut, tax credit, some of the spending has been -- obviously, 12%, as you said, has been spent already, certain workers have been retained that otherwise would have been laid off. so certainly a larger percentage of the impact of the stimulus package has been felt. but there is no denying there

. >>> authorities call it one of the worst cases of animal cruelty and hoarding. 21 dogs were rescuedme was in terrible condition with fee sees piledp a couple of feet high. several years ago, neighbors say they he took it upon themselves to clean up this family's act. >> at one time, we had gotten trapped cats. it was 70-something cats we had trapped between a couple of the neighbors. it was like this for as long as i could remember. >> reporter: we have learned the home in orchard beach is owned by janet taylor. no charges have been filed. the dogs are recovering at the animal control center until they are healthy enough for adoption. for more information about how you can donate or adopt any of the dogs, head to our web site at abc2news.com. >>> that's been an increase in the number of bats flying around the city of baltimore. so far, more than 100 people have reported having the animals inside their home hes. >> bats are inquisitive, and what they'll do is find any crack, any chink in your home and no matter where it goes. they'll be flying along and feel cool air through a crack

there is an update on the howard county woman, charged with hoarding 74 cats inside her home. nessy has been sentenced to 74 days in jail for animal cruelty. the 52-year-old columbia woman faced 148 counts of miss treatment of cats after they were found dead or dying by animal patrol officers in 2006. neighbors complained to county authorities about an odor coming from the town home that the woman shared with her mother. >>> he has served his time for animal cruelty. now, michael vick is back in the nfl. the former nfl star sat down with james brown with an exclusive interview with 60 minutes. he talked about the challenges he's faced on the field, after being away from the game for so long. >> they run just as fast. throw the ball just as far as i did before i left. they had the same quickness. and i know i detached my stuff. and i know how i feel when i'm in tip-top condition. and i train now. i never trained before. >> reporter: you can see the entire interview with michael vick tomorrow night on wjz, "60 minutes "airs at 7:00 p.m. >>> president obama is on the coast trying

do you think we'reoing to see less risk-taking in an environment where people are hoarding their cash, afraid of long their job, looking at more ownership of business from the government? >> you know what i think? what i hear from a lot of the small business people? is not so much less risk-taking, but a lot of guys right now are taking some very, very small steps toward growth. a lot of smart guys are doing what we're doing right now. we're hiring people. very selectively. hiring people that we see can add value to our clients and help us build our business. >> a are you seeing -- i guess right now you've got the pick of the litter because there's so much unemployment. steadily rising. >> you kw what? the beautiful thing is, a lot of the guys -- i just signed employment contracts with two guys i'm tremendously excited about. 18 months ago would not have talked to me. they were at some of these great, big firms, rolling in dough. but the world has changed. one of the things that -- most important thing i think i can do right now is while everybody else is looking for values i stocks,

. >> it's hoard see that -- it's hard to see that, right? >> and they're all going to recover and what happeneds to them now is unclear. >>> the swine flu threats could speed up and the college students are among the most vulnerable. a lot of schools have a hi-tech plan b, it's called distance learning and e learning. the school will shift to online teaching to the undergraduate population. >> in general, you would log in and see the notes and any discussion forms going on about that lecture and you see your assignment and you can take an online test. >> the cdc recently added 19 to 24-year-olds to the first priority group to receive the h1n1 vaccine and one college campus is already hit. 100 cadets were hit by the virus and anyone with symptoms is being treated as if they have the virus. >>> and also, the president of columbus is suffering from the swine flu. he's not a high risk patient, but officials are contacting anyone who had contact with him. >>> and a high speed chase is making the head lines we'll tell you who was behind the wheel

. >> plus a mother of three reveals her troubling disorder known as hoarding. >> and on a lighter note get started on a friday morning right here on "today." >> we're dwage -- debating -- >> well, that's a lot. >> the time is 6:52. >> another check on traffic and >> another check on traffic and weather as you head out t announcer: during the autobahn for all event, you can get great lease deals. i love it! i just want to know it's the right move. me? thirteen days in the future. you get a deal on the car you always wanted. scheduled maintenance is included, it's all good. what's the future like? you love your new jetta. and the suit? you like it? no...i love it! >> due to late-clearing construction two outer lanes closed on the inner loop. big delays. >> partly cloudy skies. nice dry weekend. right where we should be into the weekend. good weather tort little league world series taking place in aberdeen. a perfect day. back up to 90 by monday and tuesday. >> thanks for joining us this morning. >> a live update 7:25. captioned by the national captioning institute, inc. ---www.ncicap.org

people were hoarding dollars. hoardal you want, we're going to make a lot more money and a lot more dollars. so people can't hoard anymore and it's starting to find its way elsewhere. you're right, it will make you quake in your boots. but it's a qways from today. but right now, enjoy the ride. >> enjoy the ride. tomorrow is not the problem. what is your best idea today? >> well, i mean, i still think technology looks very good. i still think life sciences in a bull market where you, you know, maybe don't have a really, you know, great economy behind it, some of the things that do well even in poor economic times like life sciences, certain part of technology where businesses need to reinvest. those are the things i would be looking for. a lot of consumer stuff has made its big move. i don't know if that's going to be substantiated by how well the companies actually do. i think you look at some of the counter cyclical stuff in that money's got to go places and maybe the economy isn't that great and this counter cy

animal hoarding. a houseful of sick dogs. the heartbreaking story is just ahead. and paying respects. how americans are mourning the beloved members of a kennedy family. check in for these stories and all the day's breaking news. eyewitness news starts next. >>> turning off the coast. tropical storm danny still threatens ocean city in the form of dangerous waves. >> what's being done to make sure visitors and residents stay safe? >> hello, everyone. i'm vic carter. >> and i'm mary bubala, in for denise. here's what people are talking about tonight. >> the first warning weather team is following a number of severe systems now. not only is tropical storm danny churning offer the east coast, there are thunderstorms across the region. here's a live look at ocean city now. and you can see, theev wa-- the waves are pretty choppy. the storms remain off the coast. marty bass has a closer look at tropical storm danny. but first, we go to meteorologist tim williams who is tracking radar from the first warning weather center. >> reporter: good evening, vic. good evening, eve

hoards of regular people started investing. because it was so easy to make money.ou never hear about those people anymore, do you? they're done paying attention to the market. they're gone. they're not watching this show. and they're done trying to make money in stocks. they got blown out of the game. and that happened because these people were making too much money at once. if they'd seen that as a red flag, like the pros, then they would have known better. they might still be making a little money. not anymore. but they were encouraged by how much money they were making and decided to raise the stakes without realizing how much risk was involved. do you know that whenever i had a streak where i was beating the market handily, when i would be gaining as much as a percent a day, if the market were only gaining a half percent, see, i knew that something was doing -- was going wrong. i had what's called too much exposure. and i had to cut back by -- >> sell, sell, sell! >> especially selling some of my biggest winners and that hurt my feelings. but you know what, it

. ♪ ♪ >> reporter: the hoards of fans, some young and some old, were listening to the music. ♪ ♪ ♪ ♪ 51 years old today. the music cuts across generations of fans. somewhere disappointed with the comeback tour that it will never happen. >> everyone in england is still so devastated. again, the music lives on, you know, he left us all with a wonderful gift and that can never be taken away. >> what is your favorite song? [ indiscernible ] >> reporter: the president procimed august 29th michael jackson day. >> all of us would agree that michael jackson will go down as one of the greatest gifts of music that the united states gave to the world. ♪ ♪ ♪ >> and wowed the crowd. >> happy birthday! he's with us all day today. the partying don't stop! i will see you all later. enjoy! >> reporter: today was about feeling it. >> i feel like he's singing every song to me personally and the music will live on forever. ♪ ♪ >> he is really not just michael but the whole jackson family. that is an american legacy. >> reporter: for many fans here, the death of michael jackson was premature and today wa

don't see any evidence consumers are remotely considering spending in the future, instead there, hoardingg. so i'm really worried about that. i just don't see real growth. you can see bottom line growth but at some point, it has to come from the top line, ie consumers, and we're just not there yet. >> ned, last word here. >> anticipation, anticipation. that's what the market basically does. i see consumer net worths going up, see housing prices stabilizing and going higher and see the market giving confidence to the consumer and employment dropping. >> you hear the music, you know what that means. good discussion. see you later. >>> coming up, are regulators trying to take all the risk out of the market? >> charles schwab says it could keel the everyday investor. >>> any normally amicable co-host of "left jab," they're actually on opposite sides of the ring tonight. we're calling it left jab with a right hook. this should be an interesting discussion. don't go away. she is the greatest thing ever. woman: one little smile, one little laugh. - honey bunny. - ( coos ) we would do anything fo

they hoard them in the city. pretty cool. >>> before we go, a quick tour on the markets, the day on wall street, bulls large and in charge. remember on the dow we had been up as much as 150 points, gave back a bit of that, still up triple digits on the day, financials leading the way, though bachk of america and others giving back as people took profits. still up about 1.25% on the dow, 9370. the nasdaq higher on the day as well, about 1.3%. sang thing for the s&p. "fast money" is up next. i'm melissa francis in for maria. watch me weekdays at 11:00 a.m. on "the call." thanks for watching. have a great night. >>> u.s. attorney says bernie madoff's number two may leave his and be indicted by grand jury, possibly setting the stage. >>> freddie mac ended the fiscal second quarter without asking for fiscal help. >>> and ex-employees accuse hewlett-packard for failing to pay sales commissions due to a software problem. i'm julia boorstin. "fast money" with melissa lee starts now. >>> stocks to a new high. cash out or

the next time things go sour, you'll have that terrific pile of cash you hoarded up. ♪ hallelujah during be able to buy on weakness. >> buy, buy, buy! >> really the only thing you should be doing is buying weakness. it isn't about getting a great deal. it's about protecting yourself. if raising cash is essential, spending it is prohibited. you're going to be tempted to buy stocks the next day. >> all aboard! >> don't listen. rallies make us bullish. when your last experience in the market was having almost all of your stocks produce huge gains, you're going to feel like buying. >> bless you. >> i have never seen anyone else sneeze on tv. how do they repress it? i mean, i've had hiccups on tv, too. how do they repress it? what is -- is there a class that i can go to? write me. 1-800-784 cnbc to tell me how i can keep from sneezing. when you buy stocks the day after they've gotten huge markups, you're letting the rally take advantage of you. i know this sounds like common sense. i mean, something any idiot could figure out. but i don't want to waste your time on this show. of course, you k

we hoarding all this apple juice, taking advantage of this sale before this store realizes what a horribleith your hormel chili. you lonely, hormel chili eatin' old man." [ laughter ] and it took me a minute to realize he wasn't shaking his head because of the apple juice. he was shaking his head because my girlfriend is white and he didn't agree with that. [ laughter ] but i was so caught up in the euphoria of having all that apple juice -- [ laughter ] -- that for, like, a minute, i lived in this world where racism didn't exist. [ laughter and applause ] i was like, "it's obvious that this old man is just an apple juice hater." [ laughter ] "and he's just really sad because he can't acquire all the apple juice." [ laughter ] "that i'm acquiring right now." my name is hannibal. that's my real name. i was named after a great general. that's a military genius. but not a lot of people know about him. so, i'm forever associated with hannibal lecter. [ laughter ] from "silence of the lambs." that's not even a real dude. [ laughter ] why can't i be hannibal from "the a-team" sometimes? he was c

. >> commodities are still a strategic resources that not just chinese and others are buying and hoarding, you've taken tremendous production offline, forget about oil and other commodities that matter. it will take some time to get that production back. the minute we see real demand, nobody's saying we're back to 16 million cars, but still demand is 25% of the auto sector and that's an auto sector. >> a quick question. >> i've got to blow the whistle, rick. >> we'll save it for tomorrow. >> thank you for your time. see you tomorrow. >>> and that was a word on the street. coming up next, just last week on fast bear, peter told us why the market was due for a correction. after today's drop, he'll join us again to tell us how much further this market could fall. >>> plus, could tech be your best safe haven play? the ceo of king pharmaceuticals. here is what else is coming up. >>> be fearful while others are greedy and greedy while others are fearful. which stocks is the "fast money" picking up as others run from the street? >>> and -- >> that was the right thing to do.. >> no, it wasn't the

. >> a lot of people have been talking about consumers hoarding their cash, a savings rate up to 6.5,e seen the luxury consumer shop their closet and curtail purchases. they're still buying special items. >> right now, we're seeing shoes and handbag start to improve in terms of performance. they're starting to come back. if it's a special piece, they're buying it. so i'm seeing signs of life. but you're not seeing the level of behavior that you saw before the stock market collapsed. >> let me ask you about the credit markets. there are figures out that say you've got $1 billion in debt due in the come three years. as you push toward profitability, how do you -- how do you deal with the debt load going and the maturations ahead? >> well, i think from our perspective in terms of our debt load, we have essentially, we have $20 some million due next year, $140 million due in '11. we have $500 million revolver that expires in another couple years. we feel very good about our ability to weather the storm regardless of what happens. >> so do you plan to come to the market in any way in terms

franklin graves had to figure out whatxxr to do with the heav hoard of silver coins he had squirrelled away in his wagon. some opted to bring their wagons and others opted to bring them behind. the latter protected their oxens but the beasts bucked and bellowed and rubbed themselves on the trees. lewis who had injured his foot when he stepped on a sharp stick earlier in the trip mounted a horse and tied his foot into a sling attached to the saddle. finally, disjointed and out of sorts they set out. by midday they were on the approaches to the pass and the snow was up to the axles on the wagons. they sent two men out in the felon with some of the mules to break a trail but over and over again, the mules stumbled and pitched head first in the snow and kicking and braying loudly each time. the oxen's iron shod feet clanged against the ice and granite. the iron rimmed wagon wheels could get little purchase on the covered rocking and the wagons began to slide backward. jay and sarah leaned back with is their shoulders. they edged their obben back again with fresh shouts and curses and whips

employment, lower expectations, more savings, an era of frugality and thrift, a kind of economy of hoarding. in that environment, i think walmart succeeds in an era of thrift. because of that, walmart has underperformed the last several months, but i think it's time to reverse from lagger to leader. >> what is the catalyst to get every investor to realize steve cordes is right, walmart shares should move higher because it hasn't worked so far this year? >> correct, but it has in recent days, and that's important. in august, this trend is reversing. i brought a chart along, if we can show it. it's a chart of walmart versus a basket of high end. i chose four high-end stocks -- harley-davidson, nordstrom, coach and morton steakhouse. as the chart is rallying, walmart is growing as a percentage of the basket. if it declines, it is declining as a percent of the basket. it's a new untrend, but there is an up trend in place. walmart is starting to base outright and on a spread to this high-end, aspirational type of names. i believe this trend has legs, so it's something we are investing in. >> how

but people are saving their money, they're hoarding their money. you know why? because they're scared. they're scared about rising health care costs and scared -- >> let me ask you about that. because today there are indications that there could be, at least the treasury secretary is not ruling out the possibility of middle class tax increase. how would that play, politically, for president obama, if that had to happen? >> as we know, 95% of the tax relief that was offered in the american recovery and reinvestment act went to middle class americans. so i would hope at a time when middle class americans and others are feeling the squeeze from the state governments and the local governments and now the federal government with the debt, i would hope that this would not be an issue right now. but if he's talking about putting this in the mix in terms of how we pay for health care reform, we need to take a look at it. >> bill, does that make you think, oh, this is going to look good in 2012 for the elections? >> i'm not thinking about that, but the interesting thing

you look at all the consumer data and it makes it seem like the consumer is hiding in the closet, hoarding their pennies, terrified to go out and spend anything. how do you reconcile all of it? >> well, that's right. between this week's retail sales and then today's sentiment numbers where consumer sentiment down two months in a row it doesn't look too good. but i think the answer is in the conference calls when you listen -- what's happening at these big retailers is not that they're expecting a bounce in revenue but they've jut done a superb job in managing their costs, both keeping labor costs down and also keeping inventories under control. if you look at the inventory breakdown in the report today, or rather yesterday, retail, the inventory to sales ratio is just about right. wholesale manufacturing not so much. so the retailers position themselves very well for a shallow recovery. >> lakshman, i mean, how much more can they possibly cut? the shelves have got to be bare at this point, there's one guy working each store. >> essentially, that whole process of cost-cutting so that you ca

the economy obviously quite important to getting any kind of recovery under way, and yet they keep hoarding their cash. isn't that true, richard? what's it going to take? >> oh, it's going to take small business formation, they've got to clear up the red tape so that small business formation gets going. they have got to make sure that businesses and the household sector can believe that taxes will not be soaring out of control in the second half of next year. they've got to keep that under control. and then they have to see that there's going to be regular normal cyclicals, job creation in the usual sense. but those two actually come before the job creation cycle. you've got to have small business creation first and foremost right now. otherwise the housing sector is simply not going to rebound as would usually be the case. >> ron, how do you see it? >> well, maria, this is mostly anecdotal because the statistical evidence has yet to bear it out, but when you go around the country right now, i was at disneyland, for instance, last friday in southern california. it was packed. as much as i'v

have confidence that i'll keep my job and you know what, i think i can spend more here instead of hoarding it and i think we are probably at the bottom and we will see growth and that is terrific to see. and the question going forward is, how much job creation is there really going to be and that is -- nobody knows that, the answer to that and i'm a little worried because of all the uncertainty, we've created, in part by washington and don't know how high taxes -- payroll taxes will be and don't know if there will be an energy tax, how a -- the leg regulation on health care will be and that is all hanging over private actors. >> and unemployment is always the lagging indicator and the last thing to turn around and they need to it turn around well before november of 2010 if the white house is going to survive the midterm elections and i think one problem is though economists say the stimulus probably did make things a little bit better than they would have been, in other words, could have been worse, that is a very unsatisfying political argument to make. things would have been worse if we

last year we saw all those companies hoarding cash, looking for new revenue when they needed to cut their dividends. if you're a dividend play, guys, how do you make sure your companies aren't going to cut their dividends? >> you've got to look at the short-term debt on the balance sheet and look at the cash flow from operations. and between those two things if we don't have too much short-term debt coming due and we have sufficient cash flow, we think the dividend's secure. so those are the companies we're looking to invest in. and right now, you know, cost cutting will only take you so far. we've got to have increasing revenue to drive earnings long term and to drive any kind of bull market trend, and we're not sure that's there yet. >> i think that's a great point. what about that, paul? because a lot of companies that have actually beaten expectation, they've done so because they've actually cut out a lot of the fat. they've cut out, you know, expenses. but how do you feel point to end market demand? you said you see end market demand in asia. what about the u.s. and europe? >> u.s. i

. >> rob: hoard won break. meanous 3. negative 13.t to that camera covered by unbreakable glass. >> rob: about out it left his hand at 75 and crossed at 67. >> bob: >> bob: you thought you threw so hard. 10:00 on a monday night. glad you're with us on masn 2. nats 4 in the 7th. 4 in the 8. trying to salvage game 4 of this series. 4-4 road trip. nats hold on to win they will be 8-11 under jim riggleman. >> bob: battles back. 2 outs, 2 strikeouts. bottom of the 9th. time to wrap it up. at pnc, it's doing what most benefits our customers. whether that's building more certified green buildings than anyone on earth. creating online banking tools for the next generation. or making a 10 year, $100 million investment in kids. it's how we've always done business. and will for a very long time to come. pnc. leading the way. >>> we're getting close to nats extra. coming back three outs away. tep again. great job. lots of offense see how they finish it out. the fine wall three outs hopefully and a 4-4 road trip. >> rob: and the some disappointed.

. >> how hoard was it to hunt malaria?. >> they nailed it by first identifying strains of malaria found in chimpanzees. it turns out they are nearly identical. the chimpanzee strain is older. all of that suggestion they pass malaria to humans. there is an interface so important because they can actually exchange viruses and pathogens. how does that swapping take place? more importantly, what can they do about it? knowing the origins of a disease, even the close relatives to it, could be a huge step toward stopping it. more than 30 years ago, scientists used a close relative of human small pox found in coys to reeight a vaccine for humans. they believe it is a major break through. >> we know very little about the diversity of microorganisms. we are just beginning to sort of describe this iceberg wechlt know a lot is under walter. it is part of the excitement time for those of us out there trying to discover these things. >> one reason this study is getting attention, the high stakes, malaria kills more than 1 million people

i have a hoard feeling for those that are over there. but i'm a marine and i will stand up for our chief of staff and our soldiers everywhere they go. >> you can see this came in the middle of an interview where it came up. totally unexpected. roland got very emotional. it was while we were talking about whether or not americans i cross the country. so i think's an expectation the president is going to talk about that. he'll thank u.s. troops but obviously beyond that thank you, as you say, the proof will be in the action as to whether veterans taken care of here. >> right now stay with me. the president is about to be introduced here in phoenix, arizona. you know, you talk about the number of troops in iraq and afghanistan. you megged that's going to be one thing the president is talking about. the warner rock may be winding down as 130 tlp troops are still there. and at the moment 63 are in afghanistan. but 6,000 more are expected to be there by the year's end. so i know that -- yes, go ahead. >> reporter: well, an important point you

just like hoards of children coming around and waving and being very excited to see him.al mcinnorth americanny, there could be a link between the group in minnesota that we know went to somalia. how much is somalia emerging on the scene here? how concerned should we be at home about attacks here from this group that is linked to al qaeda? >> great question, martha. the ones picked newspaper australia or somalia. we have had several somalians, immigrants, upwards of 20 missing from minneapolis. what we're seeing is a lot of somalian immigrants, they go to the united states, they go to australia, they go to germany. then they turn to radical islam which is an ideology. it's not a religion. they have taken and perverted the religion of islam and radicalized it as the american has. in this particular case, he was not an immigrant, but that's the common denominator between all of them. it's the common denominator between al qaeda, hezbollah, hamas. you go around the world and you see these radical islamic groups that have turned their religion into an ideology with the jihad

are they still hoarding cash or starting to invest again?e when you started off the discussion, you said that the advisers are very bullish, as bullish as they were in late '07. that's not so great. what are the individuals doing? they are putting at least ten times as much money into bond funds as into equity funds. they're still very worried. again the high net worth person is the one who lost the most money. these the one closest to retirement and needs to figure out what do i do now? he's resident to go out the risk spectrum but he'll go there next. >> it makes it seem like sentiment is more negative all of the way around than it necessarily needs to be. would you agree with that? >> it's hard to judge sentiment. i mean, we manage, like linda, many high net worth individuals. every individual is different. i think the risk out there is to be focused on inflation. the bond market pricing in around 2% inflation on the long end. it's hard to imagine inflation could be much lower than a. it's easy to imagine the set of circumstances where it

they've been risk averse, hoarding cash, but the cash is, there that makes it different from prior recessions and of course the depression. you give them a little bit of feel good and the baby boomers are going to spend money, house, car, children, they're already doing t the numbers will prove that out in the third and fourth quarters. >> thanks so much to both of you. we appreciate you taking the time. >> glad to be here. >> everybody talked about energy today. >> where are we? up next, the faber report, the brain taking a closer look at ubs. >> steve liesman, with a rare interview with ford motors chief economist. and infrastructure study, why are we not getting money to the infrastructure? we'll be back. ity for a smarter way to trade online. only fidelity lets you back-test your strategies against an entire portfolio of stocks. plus you'll get advanced, customizable trading platforms. and you get the kind of execution you'd expect from fidelity... ...with a dedicated specialist to talk about even your most complex trades. they'll even help expedite the account transfer process. trade lik

and you had wild hoarding of cash. when we lost access to short-term credit, as diane said. returning. it's not completely back but returning in an important way. the commercial paper market's working. and so the "v" we talk about for inventories could carry with it some "v" aspects of hiring. i think steve has a point. this was a more violent plunge for inventories and employment. so you've got some opportunity for a snappy improvement maybe starting in the late fall or fourth quarter. >> steve? >> reporter: yeah. i just wanted to engage paul here on the federal reserve, given the outlooks that are here, our survey suggested of the folks that are here that most the fed will be on hold for the better part of a year here, or at least -- or longer than a year. what's your outlook? is there a possibility -- plug in this idea potentially faster return of job growth. >> i'm certainly on the longer side of whatever consensus is here -- >> whatever they are, you're further snout. >> i'm further out. >> good indication. >> when ben bernankes he'll be on hold for an extended period,