The grease fiveyear bond should price sometime today. What will that price be . The vix lower on the day. David time now for your morning brief. General motors and caterpillar will release their earnings later today. The home prices for may will be out. And we will get july Consumer Confidence data. Alix thank you. Companies in the s p reporting this week. Here is where we are stacked up so far taking a look at sales and Earnings Growth. Top is sales growth. The bottom is Earnings Growth. Blue is technology. Orange is the rest. Much google today. They are getting hit by 2. 5 after disappointing some investors in terms of revenue. Here is what the coo had to say. We are obviously happy with the ongoing strength and advertisement revenue, particularly in search. We continue to drive user adoption and engagement with mobile devices. Build bettero expenses for users and advertisers. We see increasing contributions from growing nonadvertisement revenue businesses. L trying us is pau google
Volatile tuesday. It is 6 00 here and the markets are closing in japan and we have serious weakness. And thetocks are down bank risk is something we have in the context of Deutsche Bank. When was the last time that you saw them send a statement . Torch paper ofa balance risk and this is comparing a raft of banks. Of insuringhe cost against defaults. Indeed. You have 102 billion worth of bank debt making investors nervous around the market. We will get more context on that number and show you how it compares to others. We talked about weakness coming through and you can see some of the risk aversion coming with a strengthening in the yen and a stronger negative rate weakening the currency and a distant memory, it would seem, now. The bonds are negative for the first time ever. We have gone from negative rates in japan and the yields percent oints to that was the yield. We want to remind you that we started this year at 3. 2 . They seem more worried about the global picture. We have gold