Title: Market Analysis with Jim Lowell

" Stocks were mixed today off their best levels of the day the major indexes changing but less than 1% numbers the Dow Jones Industrial Average up close 9802. Up about thirty points. The NASDAQ -- father composite finished at more than 2055. Dropping nearly two points. The S&P 500 ended more than 1046. Climbing one and change. The Bloomberg -- index fell more than two and a quarter points the New England tech stock index off less than it."

" Pork farm market analysis Jim Lowell is chief investment strategist at adviser investments an editor of fidelity investor dot com good evening Jim -- let's start with your take on the Fed today status quo with interest rates and an encouraging report on the economic recovery."

" The Fed has really been the cheerleader of this recovery now really almost since the beginning of the year over and against an even ahead of the fundamental data that it relies upon to basically call this recession over. But today's language clearly suggests the Fed is getting more comfortable with the fact that. Stabilization. Across many sectors of the us economy is in fact been achieved. That said they understand that they had winds remain in place chief among them. The high level of unemployment which continues to potentially escalate. And put some downward pressure on next year's economic growth nevertheless. The Fed basically deliver an assessment that was reflected I think in the markets and to -- results. Pretty much a flat line which is better than a downward --"

" We a couple of reports on jobs today by eighty. Basically saying that layoffs are slowing this didn't really move the market."

" It didn't move the market -- the precursor report -- Grady. Are basically read by the market as part and parcel of this steppingstone towards Friday's. Much more significant. You know and essential jobs the market that report. So today's numbers didn't move the market but they did continue to suggest that the pace of the job's decline especially the private sectors. His itself declining that's not great news but it's better news than. Been seen job joblessness escalate to -- until I should just say that on that point tomorrow we get a key jobless claims numbers so. If that to sort of confirms that trend. And this is a market the least likely to hold the kinds -- we -- today."

" So layoffs are slowing but not necessarily stopping unemployment is still expected to climb."

" It is and one of the key issues facing the Obama administration. Next year is that so far the job creation and the guys are fictional claims of jobs saved. Really relates to government jobs in particular and the problem with the government jobs. Nearly 80% of jobs created with stimulus money so far is that government jobs rely upon taxpayer base taxpayer revenues to support them. If you don't get private jobs moving moving on scale that has just put private jobs at risk that would put the whole recovery -- in the clearly there where."

" The market seemed to be unnerved by that house vote to speed up new regulations on lenders particularly spooked financials."

" There's no doubt about it that there is this. Wait and see game especially among the financials in terms of what kinds of actions what kinds of regulations. That they are gonna be constricted live from from the regulatory. Interest of the politically vested interest in Washington DC and yet again today we saw that. When you whenever you diminish sort of even even the belief. Premarket activity especially among the financial. They take it -- is basically negatively -- until they can be -- proven otherwise from a negative point of view."

" Our market -- tonight Jim wolf chief investment strategist at adviser investments and editor of fidelity investor dot com thanks Jen thanks."