Fivemonth wing strning streak o far. Its the busiest week of earnings season with more than 160 s p 500 constituents reporting. Merck, pfizer, uber, jetblue, marriott, caterpillar. Weve got a lot of different earnings reports to get to this morning. I mentioned caterpillar. It did top estimates also lower sales and potentially tighter margins in the Third Quarter. The companys ceo will join us later. That is just the bearish they had a great number. Well talk about the fact that they dont even have enough product. The bears like to get to it very early. This is routine. They did it before they took the stock down from 230 all the way down to 206. Jim, what we spoke listen, the bears didnt know what they were doing then the stock went straight up to 265 im absolutely happy to deal right at the front. 2 top line revenue growth, 22 . Thats called good. I didnt mean to get right into im not disputing its good it is good the only question is whether or not the stock has already accounted fo
Minutes away. My partner tyler is what im trying to say, and you are my tyler, but youre down and you are my sue. Sue, i cant remember a more eagerly anticipated, maybe more important fed decision than the one we face in about 58 minutes from now. Everybody wonders what the fed is going to do with those bond purchases. Probably no move on Interest Rates. Almost certainly none here. What will they do about the bond purchases. That is one reason why the basic barometers of the stock market are basically calm. A little bit lower. The dow down about 47 right now. The nasdaq off about 4 and the s p down about 3 points. Basically waiting, watching and wondering what the fed will do. But there is also another huge story that were following at this hour and that is the question of whether they will rise above down in washington and come together with respect to raising the debt ceiling and then that important continuing resolution to fund the government. There are a lot, eamon javers, politica