the second hour of "closing bell" with kelly evans and company. tomorrow. >>> and welcome to the "closing bell." i'm kelly evans. what a day it's been for markets. never short a quiet market. that's the statement that goes around. today feels like testament for that. dow pushing for best annual gain since 1995 as it adds 25 point. just one trading day left to go in what will be a record-breaking 2013. it appears to have cracked that 16,500 mark at the end there. the dow up about 25 points. s&p 500 a little lower today. less than a point. so 1,841 -- no, 1842 is closing high so almost snuck that one in. nasdaq is a little weaker today. apple was weighing on the index to some extent. on that note, joining me is michael kroften, mandy drury, dominic chu and josh lipton. mr. krocrofton, what stands out you? >> it's been a market that's defied all reason and logic this year. the fed was in. if you fought the fed, you got shot. the market itself, however, is setting itself up to really leverage any movement in the economy to the upside. corporate manage

kelly evans? >> brian sullivan, great to see you today. buy in today's sell-off.ing. you can find out why he's predicting a gain of 15% in the market next year. you can also find out how one of the nation's largest pension funds is putting money to work. we'll speak with the chief investment officer chris alman and the ipo could price any time after the close of trade today. the ipo market has been red hot so you'll want to stick around for that. all that and plenty more ahead on "closing bell" in just about 20 minutes. keep it right here. tdd#: 1-888-648-6021 there are trading opportunities tdd#: 1-888-648-6021 just waiting to be found. tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commiss

kelly evans, here's a quiz. what's coming up on your own show? >> very well done, brian.loff, guys, on wall street. and we'll reveal a major red flag for this market no one's really been talking about and why it could mean a not-so-happy year for managers. >>> we'll ask bob olsteen and speaking to the ceo of blue nile to find out if sales are, yes, spa sparkling this holiday season. that and much more on "closing bell" top of the hour. "street signs" continues right after this. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. stick with innovation. stick with power.

i'm kelly evans. santa claus continues to deliver some big gains for investors.new highs again. i feel like a broken record. here's how we're finishing the day on wall street. the dow up 122 points about three quarters of a percent. s&p 500 adding eight points to 1842. nasdaq lagging a little bit. up 11 points. 1467. this is a record breaking year and let's bring in our panel on that note. welcome to you all. sara, we were talking, joking to some extent about whether it was the dow and nikkei in japan on the race 20,000. what's going on with the correlation between these two. it's strong market. you're talking about the superlatives. the nikkei outdoes it the japanese stock market in terms of how good a year it is. best performing major world index up more than 50% so far this year because of the massive stimulus and the weaker japanese yen and i know dennis gartman is dying to jump in on that one. >> dennis really, if there's people sitting here in this country that think the u.s. stock market can do well next year does japan have to work for that to be case? ex

i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. we need an 11-point gain on the dow to hit an all-time high. >> we won't get it. >> i don't think so. >> we're 50 points away. >> anything's possible. >> the s&p 500 looks a little better. barely positive, if it closed higher it will be a couple points shy of an all-time high of its own. >> we have a lot of stories to get to this cyber money. have you bought something online today? fess up. >> there was a browser open to lord&taylor open when i got back. >> just happened to be. >> it wasn't me. someone upstairs was looking around. >> they were among the other 3100 people expected to buy something online today. we're tracking real time cyber monday numbers from ibm. we'll look at retail stocks that could be the biggest winners from this holiday season. >> that's right. amazon, speaking of which, is channelling the ghost of christmas future as ceo sees drones delivering presents. how would he ever get government approval to use air space in this way? some d.c. insiders say he might have

i'm kelly evans at the new york stock exchange. i can hard by believe i'm saying this, but stocks are down. >> it's a color with which we are not familiar with right now. some red out there. yes, the dow's six-day win streak is in jeopardy right now. but this last hour of trading has been volatile recently. so, you never know what's going to happen. art cashin was just telling me, it's a very slight bias to the upside, to the buy side right now. but it's pretty negligible number because this is the friday between the holidays. so you get that volatility. >> you should be in the heart of the santa claus rally. >> maybe it's going to the north pole? >> maybe it is. while wall street hoverers near record highs, main street is pessimistic. survey finding 68% of americans believe the economy is in poor shape. who's got it right here? wall street? main street? we'll hear from both sides. >> i'm fascinated by that disconnect. the stock market definitely saying one thing and main street surveys telling us a very different story. who's righ

i'm kelly evans.the sideline waiting for the fed announcement tomorrow. dow finishing in the red. down about ten points despite trying to stage a late day rally. nasdaq and s&p are weaker by five points. the indexes for those of you watching the numerical levels. we didn't quite get much closer to 16,000 despite yesterday's rally, but let's bring in today's panel. we have our very own jane wells, cnbc contributor jane roth kate kelly and joining us is "fast money" trader brian kelly. brian, what jumps out to you about the market action and you're not allowed to use the word fed? >> i'm not? then the fmoc. the action today, it was a nonevent type of day. we had really good rally after pmi numbers. a day of going sideways doesn't bother me too much. i think tomorrow will be a nonevent. if you wake up and say, the fed might taper today, you're not doing your job. money managers have been thinking about this for months. they're fully positioned. thinking about year end, you go a little higher and you look

i'll bill griffeth along with kelly evans. this is "closing bell." i'm at headquarters today. kelly, you're at the new york stock exchange. we have a rally on the way and a big expiration where we'll see volatility and volume presumably coming up in a few minutes. let's get to eamon javers at the white house. he talked about a number of things but he did make news about healthcare.gov. >> reporter: that's right. he said a lot of people have signed up for healthcare.gov just in the first couple of weeks here of december. so, the president really positioning this that the health care situation with the website is turning around. you saw in the press conference what the reporters really wanted to ask him about. a lot about poll numbers mistakes the president has made. you also saw in his opening statement what the president himself wants to talk about, and that is the economy. the president citing gdp growth housing and other metrics including jobs to suggest that the economy is really reached a turning point here in the united states. he says 2014 is poised to be a terrific year

i'm kelly evans at the new york stock exchange where the markets trying to end the week on a winning note but looks like we'll be down for the second straight. >> yes, it does, kelly. we're in one of those moods today. friday the 13th. whatever it is, what's going on here? the rough week for stocks, the dow on track to finish lower, which is a rare occurrence as we know recently. we've seen this market head south in the last hour of trading a lot this week. you don't want to miss this last hour of trading here and see whether we can finish positive or negative. >> the dow is up 28 points. the s&p 500 adding just about a point, the nasdaq is barely above the 4,000 mark. a lot will come down. given the redemption numbers we've been hearing, a lot will come down to what we here in the next session. >> this would be you. >> all right. have you heard many -- you've heard many warnings about bitcoins. an alarm bell is being sounded about the digital currency. a cashless society, get this, will jeopardize our freedom. will the government really track everything you buy right down to a pack o

i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. investors are concerned about the fed announcing a tapering this week. they meet on tuesday and wednesday. you couldn't tell it by the markets today. we've had a pretty good rally. this is this just a bounce from an oversold condition or are we actually seeing the somebody buying on the dip once again? is this the beginning of the santa claus rally? meanwhile, a lot of parts of the country not so optimistic about the stock market for 2014. a new poll showing most americans see the market flat or lower from current levels a year from now. but, of course, the contrarians say that's great news for stocks, actually, because when everyone is bullish is when it's time to worry. we'll take a closer look at what 2014 might hold up. >> it's an interesting survey. >>> also, a tragic story that is gripping the nation's attention right now. a carjacking at an upscale new jersey mall turns deadly last night. it was the mall where we did our black friday show, the day after thanksgiving. >> that's

i'm kelly evans at the new york stock exchange where stocks not really giveling back the huge gains we saw yesterday, bill. one of the strongest rallies of the year. >> it was huge. i'm bill griffith. we are the day after the fed announced tapering will begin in january. unlike expectations where everybody thought once they start announcing tapering, the market would sell off, a huge rally. almost 300 point gain on the dow yesterday putting us in record territory. any positive close for the dow or the s&p today will be another new all-time high. and right now the dow is higher. but the s&p is trading a bit lower. >> we should mention a lot of people are looking a t the moves we've seen in the 10-year wondering if people woke up today, realized, oh, my god. maybe tapering is tightening and stocks could have a tougher go of it. we'll get into all of this coming up on the program. also coming up, we've got two huge exclusive interviews on tap. legendary investors jim chanos and bill miller. their best ideas on a market many think is to fidefying grav >> looking forward to that. today we g

i'm kelly evans at the new york stock exchange where we may yet have another down day with the dow off 62 points. >> looks like it. in fact, today's fun fact, you can write this down or impress your friends at tonight's cocktail party, the last time we started any money with three consecutive down days was back in september 2011. that didn't even happen in 2012 at all. >> that would have been in the middle of a pretty sharp correction as well. >> in fact, that month, september of '11, we were down 7% in the market. so, we're not saying we're going to see it this month, necessarily, but we are off to a down start for the month so far. >> sure we'll get into that and market reaction. plus, exclusive reaction to the selloff with pimco's bill gross. he has an eye-opening opinion of how investors should be playing this market. he'll tell us what keeps him up at night. >> the minimum wage is back in the news. we have a fast food worker walkout scheduled for tomorrow. the president was demanding an increase in the minimum wage. today we'll talk to a major e c exective to a major food chain ab

i'm kelly evans. a pretty rough day on wall street.ng to stay shy of a trip. digit loss. 0.6% down. nasdaq to 4037. s&p 500 still below that 1800 mark. it lost about a third of 1% today. let's get straight to it with today's "closing bell" panel. kayla joins me cnbc krinters josh brown and dan greenhouse. andrew stoltman and joining us is "fast money's" brian kelly. josh brown, first of all, what's going on with the weakness the last couple of trading sessions? do you read a lot into it. >> today is one of those days. we've had a few over the course of the year that were huge head fakes. this is countertrend action we're seeing. specifically when you get more granular, you look at where the leadership was today on a rough day. you look at the sectors that did well and did not. for example, defensive stocks leading. banks and auto weak. the challenge for professional asset allocators is not to read too much into that. not too make too much into one day's action. >> dan we're going back and forth about this earlier, but is there a first

taking a look across the indexes, i'm kelly evans. how we finished up the day on wall street. most of the action coming after the fed's announcement it will reduce bond buying program next month by $10 billion, but importantly, reaffirming it will hold rates low until well past the unemployment rate in this country going down to 6.5%. we almost hit 300 points on the dow jones industrial average, which lept to a fresh record high, 16,171 appears to be the level we'll hit at the close. the nasdaq above 4,000, 4,070. and the s&p 1810. let's bring najarian, mandy drury, and stephanie and greg. >> the circumstance lick cals are doing better, obviously, because the fed action is indicative of, they feel better about the economy, right? at the same time, interest rates will stay low for a very long time. it's a great combination for the cyclical stocks. financials love it. they love the yield curve steepening. they love the fact if the economy gets better, you get loan growth. valuations in financials are one of the most -- we've been bullis

kelly evans and an all-star -- wait until you see who's on the panel this time.cond hour of the "closing bell." have a good weekend. >>> and welcome to the "closing bell" at this hour. i'm kelly evans. stocks just snapped a five-day losing streak in pretty glorious fashion. let's take a look at the numbers and see how we're finishing up the session. dow jones just shy of 200 points, percentage and a half, that's the best day in a couple months. the nasdaq is a bit of a laggard, up 0.75 of 1%. dow up above 16,000 so it reclaimed that round number today. the s&p 500 i'm watching this very carefully because it's going to be the decimal points that matter here. closing, it looks, right on the nose, 1805, but might be shy of 1805.81. the significance is that would put it in the black for the week, ninth straight week but looks like we're finishing slightly lower. joining me now is private investor and former wall street journal columnist, evan newmark, j. burns, and cnbc contributor greg ip, and joining us is "fast money" contributor, tim seymour. welcome to all of yo

i'm kelly evans at the new york stock exchange where the markets trying to end the week on a winning but looks like we'll be down for the second straight. >> yes, it does, kelly. we're in one of those moods today. friday the 13th. whatever it is, what's going on here? the rough week for stocks, the dow on track to finish lower, which is a rare occurrence as we know recently. we've seen this market head south in the last

i'm kelly evans at new york stock exchange. >> i'm bill griffeth. show them what you've done.eeping a diary. >> this is a market diary, if you will. there's a lot of statistics this year. >> i love economic history, i know you are as big a nerd as i am. but now you're keeping a diary. >> you can't make

i'm kelly evans at the new york stock exchange. >> i'm bill griffeth. gain on the dow to hit an all-time high. >> we won't get it. >> i don't think so. >> we're 50 points away. >> anything's possible. >> the s&p 500 looks a little better. barely positive, if it closed higher it will be a couple

i'm kelly evans down here at the new york stock exchange. from headphones to $170 sneakers to this weekend's brick and mortar winners and losers we'll get you covered on all the retail angles this shopping season. >> did you finish? did you start? >> i started and finished. >> oh, good for you. i'm bill griffeth. later this hour we'll take a deep dive into the banks as they respond to the target credit card scam that stole christmas. some banks are taking very drastic action. maybe you've heard from your own bank on that one. now one major player in the banking industry is under fire for allegedly opening up customer accounts without consent, forging signatures. i mean is your identity safe anywhere? we'll look at that story coming up a little bit. the rally continues on wall street today. >> i mean in this -- you know after we saw what happened, bill, with the fed, the 300-point move we had after the fed decision to taper, you know the aftermath still remains pretty solid. we're adding another 70 points on that index today. >> the dow was 9

i'm kelly evans. investors have hit pause on the strong rally.dding about 50 points giving up that 16,000 level. nasdaq down about eight. s&p 500 giving up five or six points. hanging on there at 1802. what's happening in the market? let's bring in today's "closing bell" panel to figure it all out. jon fortt, carol roth and josh brown. also kevin o'leary. author of "cold hard truth on men, women and money" and of "shark tank" fame which you can see on cnbc starting january 7th. j.b., what did you learn from the market action? >> i saw the s&p down and i thought something was wrong with my monitor. it's a strange sight. it's this push and pull. portfolio managers are trying to decide if next year is muddle through, the s&p is fairly valued. if next year is dyed in the wool true expansion, both in terms of the economy and wages and all of these things, then we're probably not expensive. we might even be cheap. we don't know. of course, the fed decision is looming over everything. that's how you get a day like today where there's no decisive action

and the second hour of the "closing bell" with kelly evans and company. > welcome to the "closing bell." i'm kelly evens. if you take a look at your screens you'll see we're now down for three days in a row for the dow. looks like that'll be the same for the s&p 500. here's a look at how we're finishing. we were back and forth. now all three indexes finishing in the red. dow 103 toints to 15740. s&p 500 shedding a little more than six points for 1775. we'll talk about whether that 1780 mark was significant. nasdaq, the outperformer all day, still turning negative as we headed into the close shedding five points and, in fact, closing below 4,000. 3998 the level for that index. cnbc contributor and street.com columnist mr. herb greenberg. our very own seema mody. simon hobbs. great to have you with us. herb, what's the signal here? how much should we read from another late day selloff and now a three day losing stretch in these markets? >> i think you can read into this being a market that people don't -- there's no news. as people are talking about, they're

i'm kelly evans here at the new york stock exchange. santa appears with us because the rally shows no signs of slowing down. >> and for some of the social media stocks, as well. >> can we talk about twitter? >> after i tell you i'm bill griffeth. i'm happy to do that. you look at facebook and twitter, and it's up another 5%, 6%. >> there it is. 68.81. >> how long ago it was at $50 or $30? i mean, it just has been an incredible run, not only for that one, but facebook has doubled in 2013 this year. that really is one of the stories of the year. >> remember, when twitter went public, there were lots of people saying -- the retail interest, that's how we should have known, the retail interest wasn't that strong. there was a lot of institutional interest, and people thought after price, hitting near 50 on the first day of trade, drifting back to the 30s. instead, it has marched steadily higher. you can feel people buying in, ramping up into the year end. >> going back to november -- early november. and just an incredible run. there it was a

i'm kelly evans down here at the new york stock exchange. a sea of red.g up the day. still counting the orders. dow jones off about 131 or 0.8%. it was the better performer of the three indexes. nasdaq is the one to watch. broke the 4000 mark just before the close. looks like about 56 points or 1.4%. the s&p 500 dumped 20 points, 1782 is the level there. let's get straight to it with our panel. michelle russo cabrera, stephanie link and andrew bush. thank you all for being here. stephanie link, what is going on with this market? >> i think what's happening here is we're still trying to adjust this whole taper situation. you've got the budget resolution, we still have to get past that, but that paves the away for further tapering. the market is trying to figure out is that a good thing or a bad thing? i'm of the mind that it's a good thing because the economic data has been supportive of tapering. joy global was not that good. there wasn't a lot of macro data. i was focused on the goldman sachs financial services conference. yesterday and today the compani

i'm kelly evans at the new york stock exchange.ard by believe i'm saying this, but stocks are down. >> it's a color with which we are not familiar with right now. some red out there. yes, the dow's six-day win streak is in jeopardy right now. but this last hour of trading has been volatile recently. so, you never know what's going to happen. art cashin was just telling me, it's a very slight bias to the upside, to the buy side right now. but

i'm kelly evans at the new york stock exchange. >> scott wapner in for bill griffeth today.ing the market go lower. twitter after spike of 10%. what's behind this incredible two-day run for twitter that's taken the stock to new highs? we'll try to get to the bottom of what's up with twitter. >> interview with charles schwab. we want his take o

i'm kelly evans at new york stock exchange where it's not looking too good with an hour to go in the a dip and nobody bought it? >> that's what we're looking at today. 16,000. we came, we saw. we

i'm kelly evans at the new york stock exchange on this boxing day where the santa claus rally keeps delivering>> a lot of big boxes being packed up here on wall street with a lot of big gains. the dow and s&p, i don't know if we can show you and intradition day chart yet. slow melt upward on wall street. the dow set to post its best six day win streak since

i'm kelly evans at the new york stock exchange where we may yet have another down day with the dow off like it. in fact, today's fun fact, you can write this down or impress your friends at tonight's cocktail party, the last time we started any money with three consecutive down days was back in september 2011. that didn't even happen in 2012 at all. >> that would have been in the middle of a pretty sharp correction as well. >> in fact, that month, september of '11,

i'm kelly evans down here at the new york stock exchange.o $170 sneakers to this weekend's brick and mortar winners and losers, we'll get you covered on all the retail angles this shopping season. >> did you finish? did you start? >> i started and finished. >> oh, good for you. i'm bill griffeth. later this hour we'll take a deep dive into the banks as they respond to the target credit card scam that stole christmas. some banks are taking very drastic action. maybe you've heard from your own bank on that one. now one major player

i'm kelly evans down at the new york stock exchange. >> aren't you cold in that outfit?er on. >> maybe i will. >> long story. i'm bill griffeth. stocks largely holding their gains after friday's huge rally. we're also following these stories today. a dog fight on the "closing bell" today. what stocks are soaring this year but might be left in the dust in 2014? it's the dogs of the dow that we're wondering.

i'm kelly evans here at the new york stock exchange where things look good in terms of breaking a five-sessiony. >> we're almost positive for the week on the s&p. just with this rally today. >> we're watching decimal points, bill. 18005.81. that's what would make us positive for the week. it would be the ninth positive week in a row for the s&p 500, which is the longest winning streak -- or first time we've had such a winning streak in almost ten years since january 2004. >> she's a bigger market nerd than a

i'm kelly evans at the new york stock exchange. >> i'm bill griffeth.has been no follow through to the big rally we saw yesterday. up 120-plus points yesterday. down four points right now. i think they're just waiting until tomorrow with the fed meeting announcement. >> every time the meeting comes around, people say, maybe this time it won't shake the markets as much as last time and it seems time we're proven wrong. >> of course it will. we'll talk about it. these are the other stories we're following today.

i'm kelly evans at the new york stock exchange. >> i'm bill griffeth.cerned about the fed announcing a tapering this week. they meet on tuesday and wednesday. you couldn't tell it by the markets today. we've had a pretty good rally. this is this just a bounce from an oversold condition or are we actually seeing the somebody buying on the dip once again? is this the beginning of the santa claus rally? meanwhile, a lot of parts of the country not so optimistic about the stock market for 2014. a new poll showing most americans see the market flat or lower from currentel

i'm kelly evans at the new york stock exchange where stocks not really giveling back the huge gains we, bill. one of the strongest rallies of the year. >> it was huge. i'm bill griffith. we are the day after the fed announced tapering will begin in january. unlike expectations where everybody thought once they start announcing tapering, the market would sell off, a huge rally. almost 300 point gain on the dow yesterday putting us in record territory. any positive close for the dow or the s&p today will be another new all-time

i'm kelly evans down at the new york stock exchange. >> aren't you cold in that outfit? >> freezing. >> put a sweater on. >> maybe i will. >> long story. i'm bill griffeth. stocks largely holding their gains after friday's huge rally. we're also following these stories today. a dog fight on the "closing bell" today. what stocks are soaring this year but might be left in the dust in 2014? it's the dogs of the dow that we're wondering. this year -- last year hewlett-packard was the worst performer. this year -- >> a best buy? >> -- until it left the dow it was the best performer. >> we see the springboard and some names is what people might be able to do with those in 2014. we're get a real-time check on the consumer during this holiday season. william lauder will join us chairman of estee lauder. >> that stock has done very well this year. did you see this amazing moment in ukraine? historic toppling of the statue of vladimir lenin. it's more than just a youtube moment. it could mean a lot more for anyone who owns emerging market funds, for example. michele caruso cabrera

in the meantime, second hour of the "closing bell" with kelly evans and her all star panel. >> and hello and welcome to the "closing bell." i'm kelly evens. still no santa claus rally. maybe it'll come later this month. the down december continues. now down all four days so far for the month. five consecutive days in total here. here's how we're finishing the day. looks like the dow shedding about 68 points. just under half a percent on that index. nasdaq off by a tenth. s&p 500 giving up seven points. 1785 is the level there after we punched through 1800 just a couple of trading sessions ago. let's bring in today's "closing bell." cardiff garcia. heather hughes. john pisani. also joining us to talk markets, "fast money" contributor dan nathan. you are last, but i'm going to put you first right here. what do you think explains the losing streak that we're seeing right now? i think dan is still getting ready. bob pisani, over to you, sir, in the meantime. bob pisani, four down days for the dow. we're seeing some of the rate sensitive sectors today, for example, take it on the

if you look at what we've done in manufacturing, they've gone in -- >> i have a colleague, kelly evans>> what do you ride by the way? >> a have a road glide anniversary model. >> tricked out i assume? >> as much as it can be. >> thank you for joining us, keith wandell. >> there's a little bit of move. hayman capital, run by our friend kyle bass, has taken a stake in gm, a hedge fund taking a stake in a large auto maker. it does have the stock up. the presentation or the thinking behind his thesis also posted publicly on a web site called harvest, on which a number of hedge funds are going to start to post their ideas or at least the thinking behind them. i did speak to bass, though. basically what he had to say about gm and the reason for taking the stake is they believe it's cheap, three times value to ebidta, minus pension costs, but the costs are a lot less than what they were than prior to emergence from bankruptcy. they are currently taking share back from the likes are ford and chrysler. also points out the government has been a significant part of the volume in the stock for som

. >> i want to welcome kelly evans to the set.he feels like it apparently now. >> i had to crash in for the jan hatzius job discussion. >> joining us is the aforementioned jan hatzius, chief economist for goldman sachs. your report on the number? >> good report, not a blockbuster. the household survey was more mixed. household employment hasn't been great for three to six months. overall it was pretty good. >> is this the sort of report we can expect? >> i think so. if we get to a stronger gdp rate, i do think there will be some acceleration. >> 7% was supposed to be the magic number for the unemployment rate back in the charlie evans talk. we're at 7% now. how does the fed explain that language to say what the new targets are. >> i do not expect tapering at the december meeting. i don't think that they want to be as pro active as that in tapering so i think it's still going to take them to the first quarter of next year, more li likely march than january in my view. in terms of the target on the unemployment rate or guidance on t

kelly lee evans the honest all i remember when a new victorian in france during the month of january and february thank you for her for being this in the mac that she is also with us and you're working on its back to the studio for you it's back to see of her new album to be coming out soon and semi open solace of music music which ip from promotes and produces from different points of artists in concerts and to achieve the january th so it's good to be true with the discounts and free so i'm on tv. the netherlands none of them so many caucus was time to copy and on the news eclipse that will fire will we will find it there. now in the digital age and retirement one it's never been easier or cheaper to access the songs and since the symphonies in love instantly. one result is clear. on the store doing charlie can show you these courtesy of david byrne's book or how music works. this is sales of cds over twenty years. you can see that charges is busy heading south the right terry evans were saying before the break and before when a man out when you recorded your first album sort of ca

i'm kelly evans here at the new york stock exchange.and for some of the social media stocks, as well. >> can we talk about twitter? >> after i tell you i'm bill griffeth. i'm happy to do that. you look at facebook and twitter, and it's up another 5%, 6%. >> there it is. 68.81. >> how long ago it was at $50 or $30? i mean, it just has been an

. >> i give kelly evans a hard time about that all the time. basically the shelf life is only a few hours before the story is moot. >> i think kelly was a guy. asa i said, listen, i can't write a story until it comes out. then i realized she was a really nice person and i felt bad. >> comp prices have come up, foreign was a factor and then the membership fee, not only are they holding on to members but they're managing to get other members to come on board, too. >> they're continuing the job senegal did. the stock fell 118 to 111. then found out plus five versus walmart, versus target. let's not prejudge this. >> mastercard up 3% this morning after the company announced a 10 for 1 split and authorized a $3.5 billion buyback. i was talking to kayla tausche, who will join us later. the number of splits this year relative to past averages, has been low. >> i remember talking about salesforce.c salesforce.com. had alliance data systems on the show the other day, we will never split the stock. why so "we will never split the stock." google and pricel

you wrote, i read about every couple of weeks, how the qe is a drag on the economy, but our own kelly evanssed some in the space to be zombies, to be able to find funding when they should have disappeared from the capitalist landscape, putting pressure on the whole sector. doesn't that really sum it up well, professor? your thoughts? >> it's a good way to put it. when you have these very unusual policies, or the government is involved in ways that they haven't been before, it does have these unintended consequences. i can't speak for that particular example. but that's one of the big worries of the quantitative easing, the markets aren't functioning as they're supposed to. that's one of the reasons why it has tended to be a drag on the economy. >> a couple of years ago, you wrote another great op-ed that i remember well, i think with mr. graham, talking about, listen, the exit. they say, well, we can hold this and let it run off in terms of our position, which is almost $4 trillion, and this thursday, tomorrow, it will probably touch that 4 trillion. but you talked about, you know, should v

. >> what an honor to be described as a stud by kelly evans. >> no, this is what i hear.how to he's coming in, really trying to strike a turnaround. >> see you on "closing bell." >> all right. that's it for us here at "squawk on the street." as we hit noontime, it's "fast money" and "halftime." >> all right, guys, thank you very much. >>> trade of the year, after its monster move, is japan still a great place for your money? the fund manager whose firm overseas, $500 billion, tells us. >>> in meg we trust. hp is one of the top performers in the s&p with shares nearly doubling, but can the run continue next year? we'll debate that big question. >>> first, the top story is everybody's top story today. stocks poised for the biggest weekly gain in three months following a much better-than-expected read on gdp. what does it mean for a santa claus rall

kelly evans delivers new opportunity for you next move. >>> let's get back to our guest host, larry bosity evidence pointing to the economy. we want to talk to you about since you are so intimately familiar with jpmorgan, being a former board member. >> i am not longer intimately familiar but, yes, i was familiar. >> i think the story is that they are hiring some of the sons and daughters of the potpourri over there, the top potpourri. they are generally, the best educated, generally, the best qualified. the fact that they might lead to some business, does that enter into it? maybe. >> do you think it is a true quid pro quo where i am hiring you and you are going to get my "x" and give me the opportunity to get to "x"? >> i am hiring you because you are qualified and, by the way, i might get introduction to your parents or your relationships, or whatever they may be, just because you work here. that happens in the united states all the time. >> the question is, if this is an orchestrated move to try and get the quid pro quo or something that they know about back in the united states. >> th

kelly evans at post nine. what's going on with the dollar index and, most importantly -- >> right now the dollar index is lagging. what's going on? is it all relative? yes. there's to some, te extent comm out of europe how the ecb may not be super aggressive to do anything on the front. the dollar index gives up another 0.2%, which is just huge. the question is how lasting this weakness is going to be because even if it's relative u.s. versus europe, it has real implications if you look at what's happening, for example, with the price of oil. to the extent the price of crude might have an upward bias in the weeks ahead in time for the holiday season, kind of another headache potentially for retailers and consumers. >> is this not just the most counter intuitive situation? sends the europe stock market down as it should. >> the dax is weakening and the s&p follows the dax. >> the market can be stupid. there's no reason why it can't. it missing the point. the weak dollar is fabulous for exporters. >> oh, fabulou

kelly and i will see you on thursday. meantime, hour two now with ms. evans and company. everybody! >>> welcome to "the closing bell." how appropriate that it's a champaign maker which is ringing the closing bell on this day marking the end of a year that will go down in history on wall street. 2013, one for the record books. an incredible year for stocks. here's a look at how we're finishing the day on wall street. 72 points on the dow which jumped in the last 15 minutes or so of trading to a new closing high of 16,576. the s&p 500 just shy of that 1850 mark, up seven points for the day. the nasdaq, by the way, adding 22 points to 4176. let's get straight to our panel for more on the stock market this year. what happens now? with us today is our very own kate kelly. rick santelli. kenny wrapping up some trades will be here. we have former vermont governor howard dean and from ""fast money"" tim seymour. >> it's phenomenal. i've been talking to people about year end performance and what's to come. people are bullish equities. they really are. >> why? >> first of all, they