Certainty Makes People Happy on Todays Market Update

>> WATCHING WALL STREET WITH OUR FINANCIAL EXPERT ROB BLACK. >> THE DOW WAS UP ALMOST 38 POINTS FOREVER THIS WAS THE THIRD BEST DAY OF THE WEEK. WHAT HE SAID WAS ON THE LINE OF A TRUST, MEANING THAT INTEREST RATES WOULD NOT BE RAISED. HE SAID THAT WE'RE NOT WANT TO TAPER. HE WENT OUT OF HIS WAY TO SAY THAT THIS WAS START IN JANUARY, NOT DECEMBER. THIS IS INTERESTING. WE ARE SIX SHARES IN TODAY'S POLICIES. YOU WORK FOR 40 YEARS, SAID SHARES IT HAS BEEN THAT TYPE OF MARKET PRE-EMPTS THAT HAS TO INVEST SOME POINT. SOMETIME IN 2014 THERE SHOULD BE A PULLBACK. I AM TOTALLY WITH THAT. >> PULLBACKS ARE OPPORTUNITIES FOR PEOPLE LIKE ME. >> THEY HAVE BEEN MINE 85 BILLION, THE FED HAS PRINTED FOUR TRAN DOLLARS. WHAT DO THEY DO WITH THEIR BALANCE SHEET? >> DO THEY HAVE TO SELL THIS OR JUST KEEP THE FOUR TRILLION THAT THEY HAVE PRINTED? >> THIS IS NOW BECOMES A PROBLEM, WE HAVE A HISTORY AND OTHER NATIONS DO NOT CARE FOR THAT. LET ME GIVE YOU AN EXAMPLE, THIS IS JUST NOT A POOR ECONOMY TRY TO GET UNEMPLOYMENT DOWN. WE DID THE SAME THING WITH THE FEDERAL RESERVE IN 1999 BEFORE YANKEE'S. IT WAS A FEAR THAT PEOPLE WOULD GO TO THE BANK TO TAKE THEIR MONEY OUT. WE HAVE THIS HISTORY OF THROWING MONEY TOWARDS PROBLEMS. >> I AM INTO BUYING BONDS, STOCKS OVER TIME. >> WE DID NOT SEE A LOT A MAUVE MAT ON THE TENURE WHICH NOW AFFECTS MORTGAGE WHAT HAPPENS WITH PEOPLE WILL WANT TO BUY HOMES? >> IC NOTHING AHEAD. I WOULD GET THE SHOT THE GUN READY. WE ARE JUST NOT THERE YET. >> THE ECONOMY WILL HIT US HARD, I PROMISE YOU. IT IS A MAGIC NUMBER FOR PEOPLE LIKE ME. I WOULD PREFER KABOBS. WOUL INSTEAD OF STOCKS BONDS INSTEAD OF STOCK. >> MARK ZUCKERBERG ERR IS CORDS A POCKET AND HE WILL GIVE MONEY TO ISSUE CHARITY. >> 70 MILLION SHARES OF FACEBOOK THAT IS ON AT THE MARKET. MALIGNED WHY NOT DO IT NOW, TODAY THE VIDEO AS WILL START. THE STOCK HIT 52 WEEK HIGH AND WHY NOT DO IT, WHY NOT SELL HIGH. SOME OF HIS MONEY IS GOING TO GO TO STOCK OPTIONS. 72¢ HE IS ALSO WANT TO PAY TAXES AND GIVE MONEY TO CHARITY. IT IS WELL DOCUMENTED, NOTHING TO WORRY ABOUT.