we're taking a deeper dive with wilbur ross. to see you. >> good to be back. >> it's interesting what has changed since you made that call on this show back in july in terms of coal, is that some analysts have actually come out and upgraded their outlooks for coal, citing specifically the rise we've seen in natural gas saying that at $4, we could start seeing switching back. do you see that there's a bottom, or are you still bearish on coal? >> i think it takes probably more than $4, maybe something closer to $5 before it happens because there is the cost of switching over. people have forward commitments, things like that. so i think at $5, there probably is a lot of switching. meanwhile, the main thing that's been good about coal has been the export market. because while natural gas is very cheap here, in europe, it's very expensive. so they're actually buying american coal and using it in europe to make electricity because the cheaper the natural gas there. natural gas in europe is $12, $13. >> so how does that weigh out? beca

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some positive like wilbur ross yesterday on "fast money."erhaps the i-bond offering marks the top in the corporate credit market. what are your thoughts on that? >> the investment grade market is very healthy at the moment. look at this apple issue. $50 billion is demand for a $17 billion issuance. it's just off the charts. record-setting bond issuance in and of itself, and a huge demand beyond it. investors are searching for yield. companies are in very good financial shape. i just don't think that we can really trash a market that has such, quite frankly, healthy characteristics. the investment grade market is very, very healthy. people want the yield. the companies at issue have essentially the balance sheet to do it. you saw that with the apple issuance today. >> ted, a part of the asset allocation that has been trashed has been the emerging markets and the global markets. you're a guy that knows these markets well. explain this to me. i'd like the pushback on your view that if the fed and the ecb and the bank of japan are doing everythi

wilbur ross joins us again with his top trades. >>> and a stake in steak. is a perfect order for your portfolio. find out what stock he rates a strong buy later on in the show. we're back on the post-game analysis and set up for tomorrow with anthony, steven grasso, karen