ed yardeni, and joe grano, former head of payne weber and wells management. now the ceo of centurion holdings. author of the book "you can't predict a hero." important book about his time in the service. were you a marine? >> green beret. >> green beret. my gosh, as well as his time on wall street and my pal peter costas still here. new bull market. i want to call a spade a spade. it may be an inside royal flush, i think we're in a bull market, ed. you are the guru, you tell me. >> larry, i always like your optimism and tend to share it. i've been getting increasingly optimistic about this market since march when the fed went to full bore quantitative easing. having the fed funds rate near zero is also extremely bullish. as you know, our stock market has been a bit of lagger. there have been great bull markets overseas in china and other emerging economies that started in november. it's great the u.s. is finally catching up. you listed a lot of economic indicators in the u.s. looking better and better. i think it's very important to stress the stock market is

and ubs said they have no intention of selling the payne weber business in the united states.christine, on to you in singapore. >> it's a cautious start ahead to the week this week. investors dragged down the resourcing sectors here in asia. in japan, the nikkei 225 fell 1.4%. shippers fell after the battlic exchange main seas rate fell more than 4%. the kospi gained .63%. in hong kong, lackluster trades, a fall in commodity and energy surprises pulled down the hang seng lower, 1.2%. in china, share rose over 1% despite news this time of another shanghai market. china plans to raise $208 million on the shares of the broker board. and that is the action coming from asia. becky, back to you. >> joining us this morning is subodh kumarah. also johns lonski. john, we are talk this morning about the comments that vice president joe biden was making over the weekend about how the ministration misread this economy d how bad things are. wh do you think about that? >> well, the admintration was looking for an employment fire of 8% byid year and instea we're at 9%. jobless claimsave been