. >> steve baker. >> thank you, mr. speaker. will my right honorable friend join me in celebrating a major investment by the chinese firm hu-wei, investing 1.5 billion over five years to encourage job growth in the u.k. and encourage them to come to wickham? >> i do welcome the investment by hu-wei and met with the chairman on downing street. i'm afraid to say some of the jobs will be created i hope in baneberry next to my constituency but with bandwidth of this scale, i'm sure there will be other opportunities. they're coming here not for the weather but because we've got highly trained engineers, excellent universities, leading role in the telecoms and mobile industries and they think this is a government open for business. >> jim dowd. >> thank you very much, indeed, mr. speaker. can i ask the prime minister to explain why in the previous parliament members of either house who were shown to have deliberately abused the expense system were quite rightly forced to face the full rigor of the law, but why is it, in this parliamen

we're trading all of the big movers today with pete najarian, john najarian, simon baker and steve grasso. our top story the market's moment of truth. investors bracing for big news from draghi, bernanke, on friday's jobs report. pete najarian the next seven days could very well decide whether this market takes a leg up, a leg down, how do you see it? are you as bullish as you've been? >> i continue to be bullish and here is why. when i look at the volatility index we remain on the lower end. yesterday we did move up toward the 19 level. we pulled off of that level. we continue to see the financials trade very, very nicely. you look at the xlf. it remains well above the 15 level. financials stayed strong. pharmaceuticals remain strong. obviously you look at the nasdaq itself. specifically you look toward apple. that has remained strong. so there's a lot of reasons for why i have remained optimistic, but primarily it is that volatility index. that's the sentiment of the market. that's where the financial money is invested in the market and that's telling me right now the nerves are not as

steve, what's going on with the jobs story besides the fact that out's cooking obama's economic goose? >> i want to tip my hat to dean bak baker. you are doing a good job putting lipstick on the pig. the problem is this is a trend where we are seeing a downward trend over the last couple of years. last year job growth was decent. not great for a recovery, but decent. we are seeing a deceleration this year. we're not moving forward to use the phrase that barack obama used last night. we're moving backward. that's the real scary thing. dean, i think the explanation for this is a couple of things. i think the looming tax increase is putting employers on hold. one of the reasons the labor force participation rate is falling is because a this president is president of welfare, president of food stamps, unemployment insurance, medicaid. all of the government benefit programs i believe are holding people out of the workforce. it's a labor supply and demand problem. >> we just don't find evidence for that. a lot of people looked at it in terms of unemployment insurance. most people when they leave unemployment insurance because the be

steve: you know who is in mitt romney's club. we are talking about condoleezza rice james baker and henry kissinger who was secretary for both presidentshington times if america is strong around the world and be a leader, you need a strong economy and make money. >> gretchen: that is what star power you are in favor of. hollywood type or secretary of state type of star power. >> brian: in terms of foreign policy. it is vitally person. it is significant that eight politically respected guys and condoleezza rice come out and say, for foreign policy and strength of defense, we need mitt romney as president. it would make more news if adlin albright weighed n. >> steve: that would be a fox news alert. mitt romney calling the democrats out of touch with the american people after their party flat form took out the name god and jerusalem as well doug is live in woodstock vermont with the latest today. hello, doug las. >> omission of god and jerusalem as the capitol of israel from the democratic party platform is resonated as an unforced error. but not only republicans. but look at the reaction in the arena when a voice vote was taken. >> one

steve? spvmt. >> m.o. >> got it. >> long, starbucks. still think there is upside here. it's had a nice rally. >> i wasn't married to tammy faye bakerlly. abbott labs. >> potash. >> "power lunch "starts now. >> announcer: halftime is over. the second half of the trading day begins now. >> indeed. we are keeping an eye on a series of live events the markets will be watching closely. right now in madrid, a call for a second day of strikes after yesterday's violent protes against austerity measures. greece erupted this morning. why now and where do the markets and countries go from here? both canada dadidates for presi are duelling in ohio. both set to start four minute