>> what a name, steven king spreading fear.y what this guy is doing stuart is he's saying that the money, the federal reserve here, the esb in europe all of these money centers, central banks, they have no more tools so if something were to happen, they could not come to the rescue. but what i also think and didn't say it explicitly but it is implied that there's two things that help an economy. there's monetary policy that is central bank set. then there's fiscal policy and talked about the fact that yields aren't up enough but the economy is not up a lot. policies that have destroyed the american dream in our case. dream dude there you go. john payne will be featured from las vegas at his own show on 6:00 eastern tonight. the las vegas money show. we thank you very much indeed. next, honeybees. they are disappearing and that's very bad thing. we don't know why this happening but we will talk to a top scientists next. ♪ i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise cr

. >> and steven king writes a good deal. >> isn't it annoying that people say, oh, that joyce carol oates is so prolific, as if somehow, they're saying by your quantity, you're diminishing your quality. that surely is the implication of some people who say that, don't you think? >> well, it may be. it seems -- it's a focus that seems irrelevant to the actual writer. if you met picasso and said, well, you've done 14 million, you know, little sketches -- >> right. >> -- he would have looked kind of blank. you know, that wasn't the point of his life. >> right. >> or his career, it wasn't in done to quantity, but he was -- he was doing things that were very revolutionary. >> right. >> i think that's the way writers and artists look upon their work. maybe in sort of clusters, like you have an era, an interlude. you're doing these different things. you're not thinking in terms of a quantity of days or hours -- >> you're not checking off boxes, right? >> not at all. >> you didn't start out with a number that you're aspiring to. >> no. it's like a person who makes -- who prepares -- lovingly prep

writer is because i think had i sort of made it big as a non-ghost writer, as a david baldacci or a steven king or james joyce, i would be incorrigible. my megalo mania would go nuts, and you wouldn't be able to talk to me. i'd be just like a -- and but because ghost writing, in order to be a ghost writer, a good ghost writer and get lots of gigs, you have to deal with your ego, and you have to submerge and suppress and tend to the hunger of your ego. it just can't have what it wants, because what it wants is what i told you in the original story. it wants to win the nobel prize. it wants to win the pulitzer prize. and that isn't going to happen in an autobiography. it's just. no so i thank -- it's just not. so i thank god for being a ghost writer because i wanted to earn money and get more gigs. i've trained myself to tend to the sort of gnawing demands of my ego. so i'm sort of relatively chilled out in that area. but not completely. so to go back to your question, if you said to me do my book but i don't want your name on it, my answer to you might be, well, good. but give me another $80,000

kind of like steven king but i have the benefit of age and i can tell you rate versus plenty of room to rise before they derailed. remember it's the velocity of the move that matters more and not the direction. we'll be fine. now let's deal with the matter at hand. stocks. if you trade everything in lock step and only care about the s&p 500 i can't help you. go change the channel. i'm never supposed to that say. i don't want you watching the show if it's buy sell buy sell buy sell. you're not focused. i'm interested in the stocks of companies that i like at the prices like to buy them. this connected to the german american bund society conundrum is giving you the chance to buy the stocks going up not down. take ibm. it had dramatic declines in european sale with the strong dollar, weak euro combo. it needs more business to get done. the futures drove this stock down to 168 this morning. i like that price. there's a whole other group of stocks that do better in this environment too. companies that get taken over because the fundamentals are improving in europe. don't sniff at that. it

also really ominous for this guy steven king to be coming out with these statements.we track five indicators that essentially pinpoint where we are in the economic cycle and roughly they're all telling us roughly is it to 13 months left of economic expansion. throw this out for now. melissa: you think there are 12 to 13 months? have you looked at recent economic data? for the last quarter we were at a standstill? that is growth and expansion? >> our models have u.s. growth rate slowing. we're past we'll slow into the next recession. that is not for a few quarters. >> that is not a lot is it, 12 months? just another year. when people haven't felt this recession and this guy's pointed out deficit is still relatively high. welfare payments are still high. would be disaster. melissa: more importantly, if we do slow down more from here, we don't have a remedy because we're still sitting at zero percent. todd? >> you're right. i'm not a money guy. i live in a neighborhood with a lot of mom-and-pop businesses going out of business. folks just don't have money. we see from th

it comes out june 2nd. >> can't go wrong with steven king.nk you. >> you are very welcome. >> back in a moment. this is "today" on nbc. >> a weather update. a hashtag battle. >> we do. >> 57% of you >> announcer: nbc 10 news starts now. >> good morning. i'm tracy davidson. it's warming up outside. let's get yor first alert forecast from meteorologist bill henley. >> temperatures are climbing. some spots up to 80 degrees. some areas seeing more sunshine than others. the pocono mountains have cleared out. clearing will take place in philadelphia, too. you can see the breeze blow aring the flag in center city. that's a warm breeze. the satellite sows a clearing sky off to the north and west with the clouds over portions of salem, gloucester camden into did you recall burlington county. redding is 78. 72 degrees in mount pocono. the clouds will be breakingment hot and humid this afternoon. 90 degrees with a chance of scattered afternoon showers and thunderstorms is. >> in an hour philadelphia police will give information on a sec shall assault th

steven bradley kidwell, and his brother joseph kidwell, u.s. coast guard. abbey marie king.fficer. cutter reliant. kittery, maine. alexander kenneth klue graduating with high honors. houston, texas. danielle, alison, knox student engineer cutter forward. virginia. tyler oliver kochman graduating with high honors. student engineer, alameda, california. samuel aaron krakheier san juan puerto rico. jennifer lynn lane. new port, rhode island. matthew lauer, cutter midget, seattle, washington. his commission will be presented by his father commander, u.s. naval reserve retired. jonathan david lash. graduating with honors, deck watch officer cutter healey seattle, washington. his commission will be presented by his father donald lash junior, u.s. army, retired. blake edward lassiter. cutter tahoma, ports smith, new hampshire. brent nathan law, graduating with honors. deck watch officer, san diego california. parker adam lee, graduating with honors, flight training, pensacol pensacola, florida. david michael lehman, cutter officer. wisconsin. benjamin allen lasinack key west florid

king boulevard in wilmington just after midnight when he was hit. the driver's not been charged. >>> a pennsylvania police officer is facing charges for a deadly crash that happened one year ago now. officer steven homanko in carbon county. investigators say he was driving more than 110 miles an hour while chasing a driver. he lost control of his marked police cruiser and crashed into michael carolla's car. carolla was killed and michael was seriously injured. >>> a living flame to honor the memory of fallen philadelphia police officers and firefighters. mayor nutter and the fire commissioners gathered for a memorial service in franklin square.kdx family members laid wreaths and flowers at the memorial here. wilson's name was added to the monument this year. officer wilson shot and killed during an attempted robbery in north philadelphia in march. firefighter joyce craig also added to that memorial. craig died while battling a house fire in west oak lane in december. mayor nutter says we shouldn't have to wait for a tragedy to recognize our police and fire personnel for their service. >> these dedicated guardians are owed a debt of gratitude for the danger they face. >> may is the official mont