that's not scott shellady, that's scott shellady.of fun, thank you. stuart: thanks. still ahead on this program today, will cain, morgan ortegus and nigel farage. and this one, rules for thee but not for me may cost the conservative prime minister of great britain his job. but in america, the liberals' rules for thee but not for me is not so strictly applied, now, is it? that's my take after this. ♪ ♪ real cowboys get customized car insurance with liberty mutual, so we only pay for what we need. -hey tex, -wooo. can someone else get a turn? yeah, hang on, i'm about to break my own record. only pay for what you need. .. (coughing) ♪ breeze driftin' on by ♪ ♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy. ♪ ...feelin' good ♪ no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a res

ashley: yeah, but after a while, scott shellady people are going to say, yeah we've heard that last week and the week before. lots of tough talk. we had keith fitz-gerald on earlier today and he says look, don't panic, and investors though, there is going to be a tomorrow. >> [laughter] 100% right and just whatever your timeframe is if it's three to five days that might be a little tricky, so if it's three to five years they get good deals and again this is the only industry where people don't like to buy things on sale. if you get something you really want to buy and it goes on sale by 10% you should be scooping it up and you know what i think? here is the deal. we've got an energy problem here forget about the ukraine and russia, we just have an energy problem here regardless, so i like that energy sector, so if i can pick-up something cheap because of the markets taking a wash-out because of what's happening over in europe that's that so i think look at stuff in a bigger picture, there's going to be a brighter tomorrow and better days are ahead but we're going to have a bumpy ride and

from the correction lot last thursday let's get to our floor show traders teddy weisberg and scott shellady, were less than an hour away not just from qualcomm, mobile spotify and in the amazon report proved untrue between now and then is it an earnings driven and who should investors watch for when it comes to taking the market q. >> right now it could be earnings driven until we have headlines that might take that away like the fed that will keep something to keep her eyes on, what susan li just said in july when the google shares split 20 - 1 do you think were gonna be higher or lower than we are today come july. on top of the 20 - 1 split that's a pretty compelling argument for me then i look to other things that might happen, amazon this market stabilizes and the fed does some rate hikes and continues to stabilize a more, since the beginning of this country and over the last two years we printed 30% of the money that is out there there is a ton of money you can get negative in the short term but say between now and july if we have a stock which is amazon or something like that i think

stuart: look who's with us now, scott shellady, man himself. we're looking at $100 a barrel oil, are we going to see 10% inflation in the united states? >> well, we very well may. i mean e stuart, i guess i should kick it off by saying regardless of russia and ukraine, this is all our own doing. it's our fall. fault. because a large part of this issue is energy, just like susan just said, and the energy issue is, is the fact that not too long ago, 14 months ago, i believe, we were energy independent. and we also had 1.4% inflation too. but now that we have lost that energy independence, we are at the beck and call of everything else out there, and this could not have come at a worse time for energy prices. so unless we can get something reversed with the keystone or the land lease, the leases, i don't know how we're going to be able to get out of this because i think, you know, as mike tyson said, stuart, everybody's got a plan until they get punched in the face. i think the fed just got punched in the face. i wonder what their plan will be lik

let's go back to markets and bring in scott shellady. >> a lot of problems on the horizon.roblem with or without russia. russia exacerbates the problem. we have them here. that is something the market will be wary of. can the fed thread that middle? i say they will raise interest rates. what about energy policy? prices like oil, $200 a barrel. that could cancel their rate hikes because that inflation problem is energy. we have a bumpy ride made worse by a russia ukraine problem. that doesn't change our problems. everyone needs to focus on that. dave: we had dan dicker making the case, doesn't doesn't know as much as you do, the loyal prices are popping because a lot of guys got skittish when the price was so far down that they stopped producing and it has more to do with that than negative regulations that kill oil production. what do you say? >> part of that is true but the real story is we don't have any support for fossil fuel companies. summer changing their name. they are trying to run from fossil fuels because they are not getting support. we had the last summit in sc