peter anderson. sharon stark joining us today and rick santelli, as well. rick, dollar higher. yields on the 10-year higher. in fact, the dlsh. >> no, no, no, no, no! nope, nope, nope. lower than before the statement. 30s are much lower. >> they were higher earlier. i was going to point out that the 2-year yield with the biggest move up since early '11 i was reading, as well. the question is, how do you read the market's response to the fed's statement? >> 2-year put off to the side. that's so close to the area of the fed tinkering. 5-year is poster child to monitor. it's now 1.60. it was higher so the curve definitely flattered. 2s as you pointed out, 3s, 5s, yields are higher. 10s and 30s lower or 5 basis points lower in the case of 30s. you have to almost look to yesterday to answer that. yesterday is reported there was a 58,000 contract 10s versus 30s spread put on in one second. they said the busiest one second in ever and that steepening trade. so, you know, you have to kind of -- they didn't get it. i don't know. i don't read the statement anymore because, you know, i do

peter anderson is ceo of congress wealth management. lamar, i will begin with you. a lot to be worried about? maybe a lot to be positive about? where do you stand and what are some of your best ideas? >> we view it as a lot to be positive about. as you were talking about the disconnect between small caps and large caps that is this entire year. the russell 2000 is down 7% year to date whereas the s&p 500 is up 2%. that is a huge disconnect particularly considering small caps tend to outperform. for groups like ours who focus on smaller cap stocks it is a great opportunity to do some buying. >> i believe you have been doing more buying than in years. >> this is a very strong week for us now. we were selling bonds with the ten year treasury crossing be bt an all time high. >> peter, do you agree with lamar's assessment? things are better than they are bad? >> it is a little bit of both actually. if you look internationally things are pretty weak. if you look locally or nationally things look very strong. so we are still big advocates of u.s.-based equities across all

. >> peter anderson, warren buffet said on monday's big selloff he was in buying on that day. are you buying on these selloff days as well right now? >> well, as you know, i usually do. i have to tell you, this week has been kind of perplexing. i think it's been one of the most challenging weeks for managers. >> yes, glad you said it. >> just in general. let's just layoff some of these things. i don't know about everybody else, but i was really surprised about the minutes. i didn't expect that kind of direction that the minutes took. then of course you get -- >> what surprised you the most about the minutes? they were dovish. they showed concern about the rising dollar, the slack in the allegra market but what surprised you? >> well, you know, the fed is supposed to have what's called a dual mandate, right? they're supposed to be looking at unemployment and interest rates. in our office we're now saying well maybe the fed has a quad mandate beside those two factors it's also looking at the u.s. dollar and the european conditions. so it's kind of expanded in our opinion. >> tha

peter, thank you very much. to run toward when people would have run from. >> thank you, anderson. >> thank you. watch 360 when you like. a lot more throughout the hour. president obama, canada's prime minister, and ottawa's mayor. was there a connection to a jihadist group like isis or some one else. details ahead. >> move back. move back by the building. and an excellent source of fiber to help support regularity. mmmm. these are good! the tasty side of fiber. from phillips ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> now, now, now! go! >> the sense of terror thankfully is over in ottawa. the sense that things may no longer be the same here. that may remany fin for a while. the second lone wolf style attack in days. tonight the prime minister spoke to the nation. >> this week's events are a grim reminder that canada is not immune to the types of terrorist attacks we have seen elsewhere around the world. we are also reminded that attacks on our security personnel and on our institutions of governance are by their ve

anderson, what was so interesting was just a week ago oscar de la renta named a new creative director for the house. a man by the name of petery of nina ricci. he will soon move to paris. he will show for oscar de la renta in february at new york fashion week. it had long been rumored that mr. de la renta had been ill. but we had heard those rumors before. and certainly when you saw his bright smile he always looked so happy and so healthy that i don't think anyone ever dreamed that we would find or see a day when this would happen. it's really just sad news. >> 82 years old. our thoughts are with his family. alina, thank you very much for joining us. that does it for us. that does it for us. "cnn tonight" starts now. -- captions by vitac -- www.vitac.com >>> this is cnn tonight. i'm don lemon. exclusive, nurse amber vincent's mother in her first television interview. she is in voluntary quarantine tonight, watching for any signs of ebola. and she's defending her stricken daughter, saying she was in no way careless when she took a commercial flight. i'm going to talk to her and to amber's pastor, praying for her and reassurin