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bailout facing a skeptical crowd in london, but could rajoy be cornered by the leaders of france and italy at a meeting today? i've been away for a couple of days and thanks for whoever filled in. on today's show, planning more sanctions on iran. we'll look at the worsening impact on the panel of experts. larry fink said the u.s. housing market is inching closer to a rebound. we'll hear more from that interview. and can the united states dodge a financial cliff in we'll speak to a guest who has clear ideas of what needs to be done. first it's about the jobs report, unemployment repor...

kelly is off for the week, so jim is here with me. >> thank you. >> need extra reinforcements. and they don't come any better than having you on this morning. we had spanish unemployment out this morning and i know we have to talk china and australia, but on your travels at the moment, what do you think of the rather nonlinear as you put it in your notes, this nonlynn krer progress where we're at, the ecb waiting. economics is getting worse. >> well, actually, let me start with the last point you made. and the very latest marginal information, yesterday's pmi -- >> slightly better th...

the headline gauge for business activity is falling to 46.3. that compares with 47.5 in august, the lowest reading since january 2010. the flash composite of course comes before the final one in about two weeks tile. it follows readings on germany that we're better than expect. flash composite, jobs index lowest since 2010, the flash composite pmi headline figure 45.9. that's its lowest since 2009. chris williamson, welcome to the set. what's the takeaway here from the eurozone september figures? >> well, another rather disappointing moment. as you said, slowest growth since june 200...