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Wellcome to squawk alley for this thursday. Kayla tausche, and along with vanity fair correspondent nick out west. Good morning to you. Good morning. And now, redstone says that he no longer trusts the ceo, and he says that he is determined to trust in the company and not the shareholders to do the best for them. And so yesterday on fast money we spoke to tom freston. Well, the lawsuits and Everything Else has been a side show compared to the real story which is the fall of viacom from grace over the last several years that have been really one of the leading Television Networking companies in the business and now it is falling to a level below the peers on almost every metric plagued by all problems including the creative departures. And freston is outspoken, nick, and how does this move the ball forward . To what degree will we see any resolution in this saga . I, a ....
We have a guest with us today. And now, yields are falling, and it is following a fed meeting that did little to bring investors clarity and leaving them dazed and confused. Pete, is that what this is about in the wake of what the fed said. Yes, and the fed has not given anybody anything they are looking for, the confidence and the uncertain factor, and ms. Yellen brought it up, and of course, next week, the brexit, and what is happening in the market . Explosive move in the volatility index up 40 in a week, and it had been running around for a low rate for a long time, and measuring between 13 and call it 14. 5 or somewhere in that range, and then suddenly, we get the spike and we are into the 20s and it is a much more difficult trade for all of of us, and that is a little bit of the sense of where are we in the terms of the uncertainty of what is going on right now, and then next week we will get a lot of things answered. And colbert, welcome back into the crew today, and how should ....
News. It was down 3 . And remember this follows 3. 5 earlier in the week. The shanghai was down half a percent. We had a boj viewing party last night. You didnt make it. You look tired. We ordered sushi and got some red bull. Just to, you know, full effect. You are trending on start saying sushi and stuff like that. I dont want to get too stereotypical here. Well, you know. It is a safe zone. Since when . Im with becky. Since when. Lets look at the futures, they are indicated lower follows the first five day losing streak since february. When did you come one that though . That borders on a shtick for you this morning. A stick . You told me i wasnt allowed to use yiddish. So the mid western version of stick. I was up we had a viewing party. Lie. Coming one things now. Try good. Youre doing a stick. Because you i dont you really didnt stay up. No see, you aric making that up and you are going for a laugh. Ive learned a lot. Because i was going to pull away. You could get me. U. S. Stock ....