Bloomberg markets. Lets bring in tom mckie. He did not bury the lead at all. In his opening statement, he addressed the market volatility we have seen. He said look, we dont know if this is going to produce a global recession that will impact the United States or not. In the past, we have seen not amountthat did to any impact on the u. S. See. Ve to wait and then he immediately pivoted to the question of what does that mean for Rising Interest Rates . Here is what he had to say. Mr. Fischer i cannot answer that question, because, as i have emphasized in the past, we simply do not know. The world is an uncertain place, makers Monetary Policy can really be sure of is that what will happen is often different from what we currently expect. That is why the committee has repeatedly indicated that its policy decisions will be dated dependent. Is, we will adjust policy appropriately in light of economic and financial events to best foster conditions consistent with the attainment of our employ
Those greek elections. Well talk futures, oil, the euro all bouncing off overnight lows. Americas largest home builder up more than 6 that is the stock and the premarket. And Apple Earnings on deck a report that apple sales in china exceed those in the u. S. Plus is apple pay at a Tipping Point . More on those stories in a few moments. First up though lets talk about these markets. Obviously a lot of people wondered what this morning would look like after the greek elections. The serisa party taking two seats short of an outright majority, but looks like they are going to have a working coalition partner. Are you impressed that europes not in the red . I think that the partner might be this greek far right wing. I know yes. And i feel that what this says to germany once again is look, this is the future. Unless you get it right, youre going to see extremism in these countries, which is making it so that draghi won last week in terms of qe. Now we see this. It just seems like everything
Good to see you again. Thank you so much. Thank you. Look forward to be being here. [ inaudible ]. [ speaking spanish ]. Senator, very nice to meet you. [ inaudible ]. Small world. Very small. One more. Good morning, senator. Read your book. Big fan. Thank you. Can i get a picture here . How are you . Good. Which way . This way . Right here . Great. Thank you. Looking forward to hearing you. Thanks so much. Here . Right here. I got an extra egg. Senator, its good to see you again. Are you sitting there . Right next to madam speaker. The purpose of why were here today of course is to hear from the junior senator from that very warm state of florida, marco rubio. We truly had hoped that the senator might bring some of that Florida Weather with him but unfortunately, we are stuck with the new england cold and the snow. The senator is someone you may know. Hes the son of cuban immigrants. He was born and raised in miami. He had started his career in Public Service in the late 1990s, not lo
Demand good morning on september 11th. Never gets any easier. Connell especially for people in this city which we will be talking about in a couple minutes. At the Trading Floor they have the special charity event. Dagen run now we want to bring you uptodate on these markets, Nicole Petallides is at the Stock Exchange with more. Nicole it is a tough day, Dow Jones Industrials hit it off at the markets, the dow was up 46 points at the moment, nasdaq composite and the s p pulling back because of avalanche apple comprises 13 of the nasdaq composite. Lets check on apple on this day after we heard all about the i phone 5 c and the iphone 5 x land all the features and the better of those two models and apple is down 29, back to you. Dagen thanks so much. 12 years after the attacks on 9 11, right now, members of congress from the house and senate are participating in a ceremony on the steps on capitol hill but again it is a painful day for this country, still as painful as it was years ago. B
There. Dow, nasdaq climbing, you couldnt help but see some stocks are actually at last transcend the gravitational pull of washington, apple, google and amazon. Look, im as aggravated as you are about the lack of progress over the fiscal cliff. Is there progress . Is there no progress 123 are the democrats giving . Have they given . The only thing given that i know is the tablet. Thats what i want to spend a moment on while we bemoan is the farce that is washington. One of the worst aspects of this era where we have to hang on the word of every people who frankly arent actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, soen in the interests of reminds us some companies are doing great things that can make you money, i want to celebrate the products of three terrific companies as well as their stocks, because after all this is mad money, not mad tablets. First one of my favorses is the column that consequence taply