Behind us, we can go back to our regularly scheduled earnings. No, we cant. Ill give you explicit instructions about how to handle the stock, but overall the damage i expected from the too hot opening meaning an opening that was much hotter than i would have liked wasnt that threatening to the rest of the market. The average is worth much more in anticipation of alibabas open bug it wasnt that unhealthy. Not that much Collateral Damage given the deal speculation on the floor of the stock exchange. Which brings me to the game plan for next week because i think we can focus on events at hand and not just ipos. Although theres an intriguing now we take it for granted because credit is so hard to get and the average person cant take advantage of the low rates the trawl rich hedge funds managers cash in on. Id like to see the number that tells us the recent dip in ratespurred sales. We also hear from auto zone which has a history of selling off after it reports and almost instinctively rall
Win streak, the best since june. Tenyear yield this morning as Mortgage Apps basically collapsed last week, refis down 20 and well keep an eye on the mix of red and green arrows today. This is the best start to september since 2010, as the president announces he will delay the vote on a military vote in syria and give diplomacy a try. Are investors giving up on apple . No big surprises at yesterdays event. No big deal announced yet with china mobile and shares falling in the premarket. And netflix share at an alltime high. The deal with virgin media could change the relationship between netflix and the cable company. The president last night laid out his case for a military strike on syria saying its in Americas National security interests to work with allies to put chemical weapons under control. My administration has tried diplomacy and sanctions, warnings and negotiations but chemical weapons were still used by the assad regime. However, the last few days weve seen some encouraging
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the euro at its lowest level since november 21st. our road map begins with the central banks. the bank of japan pumping up its monetary easing plan and atlanta fed president dennis lockhart just told cnbc he wouldn t rule out tapering qe this summer. a new way to buy samsung products as best buy looks to crack down on showrooming. the retailer will open samsung experience shops within best buy stores across the country. brinker, the owner of chili he s and panera getting ym upgrades while domino s gets removed from the conviction buy list. we have reaction from the domino s ceo in a cnbc exclusive. breaking news from cnbc s own scott cohn. jeff skilling may be getting out of prison early. the aggressive monetary policy in japan. pledging to double its government bond holdings in two years. central bank ending a two-day policy meeting with the statement it will pursue quantitative easing as long as it is needed to achieve its 2% inflation target. nikkei closed at a rec
you like aon. it s one of the larger positions. only 20% comes from the u.s. of the revenue is that what you said? 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we re finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we re long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. anything else that you like? you don t like the consumer. we re cautious. we re scared of how the government keeps putting money in people s market. the government trumped 2.4 million jobs and they didn t talk about the 1.9 million people on food stamps and snap program. so we re just very, very cautious. you re a new york, l.a. calif