Weather pattern could mean for commodity prices. And the end of the dreaded annual performance review. Why it is now falling out of favor at so many more u. S. Companies. First, though, lets check in and welcome sarah eisen. Hi, sarah . Hi, tailer. Well begin the show with the housing market, Home Building rising to the highest level since 2007, a key measure of future construction plunged. Diana joinings us live from washington with all the numbers and back numbers. This is stocked full of contradictions. Single Housing Starts took a nice move up, nearly 13 for the month. Multifamily down 17 . Look at the big picture from whens we came. Single family construction is 25 below the 30year average. Multifamily is trying to make up for a decade of underbuilding. The Single Family construction surge in july much needed, yes. And it plays into the home depot numbers that were so stellar. Even when people buy new, they fix it up to their own liking. Some say the retailer needs to play to prof
Little over two points. Business leaders continue to speak out about the election. This is what mark cuban told us on this program yesterday. He is going to say things that are stupid and ofshive that could lead to some sort of military action not originating from the United States but from another country that is the worse thing possible for the stock market. So spencer we are looking at the longest losing streak of the year, maybe five years, depends how we close today. All is all that a reaction to the things cuban is talking about . I think it is. We saw this friday with the new fbi letter coming out. The market hates uncertainty whether stock market or Housing Market. What could be more uncertain than prospect of a President Trump . Some say a president clinton. I think the most ardent trump supporter would agree that trump revels in being unscripted and off the cuff. You dont know what he will say and what he will do and that is the definition of uncertainty. That seems to be the
Partner. First up as we look at a relatively calm day in the markets, we have to look at yahoo . The Internet Business could be in a combination of microsoft and private equity firms. Discussions are in the preliminary stage with microsoft potentially providing some backing. I also want to give you a little bit of news this morning, because i spoke with some folks familiar with the sales process at yahoo . That was categorized as being in the militantiddle, of the first with first round bids not having come in yet. But according to the person familiar with the process, it is on schedule per the sales committee, and the level of interest, im told, is high. But, of course, anyone working with a company to try and drum up interest is going to say it is high. But certainly, that is going to be interesting to watch as investors say the sales process is not going quickly enough. But tim draper, i want to ask you about this microsoft news. Is this 2007, 2008, all over again . Well, no. I actu
Was decided before it went to a vote. Powers are heading to the austrian capitol. For the first time Bashar Alassads staunch supporter iran will take part. John kerry says the talks are for the best hope yet to chart a course out of what he called hell in syria. Rossland jordan reports. Reporter elite Iranian Forces have been training, fighting, and dying alongside syrian troops since at least 2012. Thats proof according to the Obama Administration that tehran is trying to keep Bashar Alassad in power. But now, World Leaders are about to meet in vienna in search of an end to the civil war and irans foreign minister will be among them. The u. S. Has finally agreed iran should be at the table. The challenge that we face in syria today is nothing less than to chart a course out of hell. U. S. Secretary of state john kerry has accused iran of destaplizing syria. In light of the waves of syrian families trying to escape the civil war and isils takeover of key territory. Kerry says now is th
Of lock towns throughout the city. Traffic wasnt as bad as i expected. A lot of people took head of the warnings to stay clear of the area. First lets get to the markets. Check out the futures this morning. Youll see big gain across the board. Right now it looks like the dow futures are up by 250 points. The s p futures up by 24 and the nasdaq up by 52 points. She said it would likely be appropriate to raise rates if near zero in her words sometime later this year. The understanding we had when she spoke last week after taking q and a and stuff it seemed like a very dovish excuse at that point. Markets have sold out since then but yesterday it sounded like it was full speed ahead and they would like to raise this year. We never know cause and effect because everybody has different opinions. It looked to us like they had big down days. That would have been a switch from the markets rallying every time we heard that would have been a switch. I can think of what youve been saying. But i h