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Buy. Throwback thursday as we said. This day in 2003 apple opened the iiphone store. We are expecting a slight decline, a big decline now in fact at the open. The dow down, the s p by 16 t nasdaq by about 10 points. Yesterday we did see a little bit of strength but not too much. And oil prices did hit highs of the year. That was the big story. 156 points the dow expected to open down. Lets have a look at the yield on the 10 year note. We did see a dovish reaction to the fed yesterday. Yield up t...

10 of wells fargo, that is major money were talking about right there. And the fbi hacking into the iphone of one of the San Bernardino phones without apples help. Its the outcome and is it a bigger black eye for apple or the government . Well have both sides of the debate. Who loses the most in the outcome of this whole situation, apple versus the fbi . The Broader Market is getting a nice boost after janet yellen said caution is warranted. Gold rallying under comments dollar went low are and y...

Today encouraging the uk to stay in the european union. Former Central Bank President will join us with his reaction coming up. Valiant shares spiking on reports the company could have a new ceo. We have more coming up. Lets begin with the big earnings themes. Mcdonalds and tech, seuwere looking at the impact of tech earnings on these markets. Lets start with the industrials, bob. Three big industrials, all with modestly more positive commentary. Focus on that. I want to start with the ceo of Ge...

Economies theyre watching closely. Well get you the latest from the crown prince and go live to saudi arabia. Perrigo ceo joe papa is out, hes heading to valeant. And surprising sales number from the apple watch on its first birthday. Well break those down and get a preview of apples earnings tomorrow. The three major indices in the green for the month the dow leading the pack up. Saudi arabias cabinet approved a plan laying out economic reform priorities for the next decade and a half aiming to...

Ooh baby baby oops i did it again i played with your heart got lost in the game game good morning and welcome to happy throwback thursday. Britney spears, vintage 2000. And we are going back to the start of 2000s. Early. Got a nice brit song coming up. Lets get to the market action. Well do so in a few minutes but first lets go live to greece. The olympic flame is being lit at the site of the games in ancient times. The torch will relay that ends in re dangrio de janeiro in aug. There you go. Fi...

Air . Because the market is marching back to the alltime highs . Well, i thought that, and a fum ber of the investors that i spoke to noticed that the link between correlation of crude and the markets is starting to dissipate somewhat, and apparently that not the case today, and the reason that it is dissipating is that as crude consolidates and the big volatile moves go away that the algo guys are saying, i have to find Something Else to wreak havoc with. But i am surprised that it is trading p...

To the president violated the constitution . [shouting] the we the people are in charge of this country. [chanting] the people divided will never be [chanting] the People United will never be divided. [chanting] [chanting] [inaudible conversations] [inaudible conversations] [inaudible conversations] [chanting] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [background sounds] [backgro...

[inaudible conversations] good morning, everyone. Good morning. Our team is here. The subcommittee on Capital Markets and gics will be hereby called to order. Todays hearing is entitled continued oversight of the secs offices and divisions. Without objection the chair authorizes a recess of the subcommittee at any time and also without objection, members of the Financial Service committee who are not members of the subcommittee may still set and participate in todays hearing. At this point i wil...

Terrorism actually presents . Another quick thing about what the book presents we have it for sale and is priced to sell here at the cato institute. 18 with a spine hardcover book. You are, quite certain you will not find it for lesson on top of that the office assured me they would be happy to sign it for you so those of you who are here with us today are very fortunate. Those of you who are watching on line at home ill bet you wish you were here but rest assured you will be able to find a book...

We cant ignore international competition. The question for the committee is, if the United States isnt going to adopt some form of intellectual property bonds or patent box, what are we going to do . Are we going to just ignore what is going on in the rest of the world . It hardly seems like a good idea. But the downside and people have noticed this of the patent box or intellectual property boxes that unless theyre carefully crafted, you can have a serious problem of encouraging too much proper...