Around with joe terranova, steve weiss, josh brown, jon najarian around and er and erin brown. First, new at noon today. Another famed money manager weighing in on the side of the stocks today. Apple loses david teper telling me exclusion ily today hes long stocks, short bonds. Tepp posing the question to me like this. Could be theres too loose monetary policies still around the globe. It suggests its affecting the bond market more than stocks. Weiss, ill let you weigh in on that first. Lets take the tepper commentary first and meld that with what buffett is saying as well. Theyre both saying the same thing basically. Buffett is saying im not getting paid for my risk in bonds and youve got to be crazy. He kept saying it over and over again today. Im not getting paid to own bonds. Theres no return there. Get paid 3 or 2 to put it long term . Lock it up long term in a 30 year for 3 makes no sense. Thats depleting asset in terms of cash. What dave is saying and dave has been saying it for
Production. Global bond meltdown. The bull market in bonds is ending with a bank. As global bonds suffered their worst slump last month. Investors look to dump their debt after donald trump won the election. Bracing for swings. It euro volatility is the highest since brexit. The European Central policy decision coming up next week. You have burned up 13 in just two days. Brent up 13 in just two days. The big surprise come iraq cutting 210,000 barrels of a day. As the focus in vienna moves from the deal into specifics. Marty schenker joins us now in london. What is the biggest question as traders wake up this morning . Firstly, you mentioned iraq. Iraq had been the biggest stumbling block. They have a quota again and they agreed to cut production. Many will be interesting to see if they are willing and able to do that. Secondly, russia. Russia pledging an actual cut of 300,000 barrels a day. One of the reasons we saw oil rally so strongly. Will russia really deliver . This never done an
[cheers and applause] [applause] bob dole thank you very much. Thank you. [applause] thank you. Thank you very much. What a night. [applause] the folks in hollywood would be happy to know that i finally found a movie i liked the one i just saw. [applause] this is a big night for me, and im ready. Were ready to go. [applause] thank you, california. [cheers] and thank you, san diego [cheers] bob dole for hosting the greatest Republican Convention of them all. The greatest of them all. [cheers] bob dole thank you, president ford and president bush. And god bless you, nancy reagan for your moving tribute to president reagan. [applause] by the way, i spoke to president reagan this afternoon, and i made him a promise that we would win one more for the gipper. Are you ready . [cheers] crowd dolekemp dolekemp dolekemp dolekemp bob dole thank you. And he appreciated it very much. Ladies and gentlemen, delegates to the convention, and fellow citizens, i cannot say it more clearly than in plain s
Dole,n and senator bob the republican nominee. This event is sponsored by a commission on president ial debates that will last 90 minutes following the format and rules worked out by the two campaigns. Openingll be twominute and closing statements, questions each having three parts, a 92nd answer, a 60 second rebuttal, and a 32nd response. A 90 second answer, a 60second 3buttal, and a 32nd 0second response. Mr. Clinton. Mr. Clinton thank you. I want to begin by saying again how much i respect senator dole and his Public Service and how hard i will try to make this campaign and debate one of ideas and not insults. , iran and wanted to turn this country around, responsibility from all, and American Community where everybody has a role to play. I wanted a government smaller and less bureaucratic to help people. Four years ago, you took me on faith. Now there is a record. Rising incomes, falling crime america, atll peace. We are better off and we were four years ago. Lets keep it going. We
We were down three out of the last four days. Going away. Isnt it tuesday, or wednesday already . This is tuesday. Actually an update. A down day so far. Were off the lows of the session right now, but this could be nothing if you believe david leonard, and he says its overvaluations from the market and the headline in his column use the word bubble, and it lays out why stocks are expensive once again and david will join us to make his case on that. Yes. That is coming up. One stock that isnt nearly as expensive as it was at the end of the year is twitter. Its getting hammered today, down more than 10 . Just a few months ago, again, trading above 70 a share. Now around 32 and sinking 16 today, so what is going on with twitter. The lockup ended. Yes, indeed. Well find out for you. Talk a little bit more about who the sellers are and if theres any more value. We have a fleury of major earnings coming out in about an hour that could move the markets for tomorrow. Disney is the biggest of