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I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way it is and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or may take remedial measures because of low inflation, that is news. Yellen is getting dovish and it plays into that trend. The market has gotten a little short as well. That also plays into it. I think this is a fed the has to wait until they see the whites of the...

Shanghai up. Early trading in europe, modest advances across the board. Cac is up. If you look at crude oil, last week was big for oil up 4 for the week, in spitting distance of 50. Up to 49. 78 a barrel. Corporate news the big one, Charter Communications announced it is not interested, i repeat, not interested in buying wireless carrier sprint follows news friday that sprint was interested in merging with charter to create a media outlet controlled we understand why a deal is attractive for softbank. Could kill any chance of deal between the companies. The wall street journal saying the ceo c...

The pessimism, its palpable, especially for me over the weekend. When the bears always seem to come out of the woodwork and start attacking me, makes you wonder how the market can hang in there with the dow gaining 61 points today, another alltime high, the s p closing down, the has dak ncaa declining the linkage between a dysfunctional washington they know nothing and what amounts to a roaring, rotating bull market. This weekend i found myself in a complicated position after the Senates Health care debacle, ive been bearish on washington all that scaramucci, the mooch drama, it hasnt helped. ...

Good morning, everyone want to kick things off with a bit of data in the form of the eu pmi numbers the german manufacturing number posting more solid growth in july the french number showing another sixyear high. And once again were still waiting for the pmi numbers. We will bring those to you as soon as we get them. Let me double check whether theyre out. Not for the time being but well bring them to you as we get them. When it comes to european markets, we are broadly higher xetra dax up by 0. 2 ftse 100 is up by three quarts over a percent thats very much driven by the oil and gas story. T...

Apple soars nearly 5 to a fresh all time high after reporting earnings moments ago crushing on every metric the company has added 31 billion in market cap just in the post market session. Weve got full Team Coverage gene is here onset, hes deialig into the call. Josh just spoke with tim cook, so josh, kick it off i had the chance to speak to tim cook lets talk about iphone number 41 Million Units in the quarter. I asked about that he said demand was greater than the shipment indicated because he did take down channel inventory by more than 3 Million Units. It was also impacted by the pau. They...