let's talk about the fed with patrick spencer from robert b. baer. great to have you on the show. there is a lot of concern about the lack of inflation. fomc members are trying to look for it it's nowhere to be found do you think it's a temporary phenomenon or longer lasting >> i think yellen will run the economy hot despite inflation. so irrespective of that, they're committed to cutting the fed's balance sheet. they have talked about reducing that if you look at the financial markets, they're predicting a 90% chance of a fed hike in december you know, the script is normalization, and i suspect even though the dot plot from the fed is considerably higher than consensus rates, higher rates are coming >> is she right to continue with the tightening cycle maybe that's what the market needs, the financial sector is hoping on? she's really boxed herself into a corner if you will >> yes, dare i say never it's different this time you do have technology, you have the participation rate which is bigger in the u.s., which is most probably the actual employment group which is much larger th

spencer blake has her story. (pkg)alexis padis is safe at her family's jewelry store in san francisco, but she's constantly checking progression of the napa wildfires."so the patrick fire started coming towards us on this side, and then the other fire started coming from the north from mount veeder, and it's actually still coming at us."that's because her family's home and vineyard on dry creek roadis technically right inside one of the evacuation zonesand it's right in between two fires. look what they saw last sunday night when they first evacuated.they thought their homes was gone, but went back tuesday to find it untouched. harvested grapes were already safe in a cellar, and padis started grabbing other important family items.but jim anderson, from sonoma, ultimately helped save their home itself."as the fires got closer and closer, we were going, 'anything we could do to help save the house and save the vineyard and he came up and basically helped us with the crisis and helped us avert it."the padises had gotten an email about a gel-based fire retardant you can apply on your own home with a hose.anderson was the volunteer firefighter who got the product for f