Abdullah for formal meetings and then a dinner later tonight. University of Michigan Confidence is at 9 55 a. M. We have blackberry earnings today. We will be joined by john chen, the man who runs blackberry. He will be joining us on market makers. It is more than curiosity. How is this Company Possibly going to survive . It loses money every quarter. The moneymaker for blackberry is going to be the enterprise customer. The fact that you have the value and cash on the balance. They are burning through it. Earnings at 7 00 a. M. Lets do a data check right now. Stocks, bonds, currencies, commodities. It is a backandforth week. Screen. Second i dont, cows know what 138 means. 138 per dollars pound . That affects everyones food prices. Lets go to this chart on spain. Inflation in spain. The financial crisis. Get over it. We got over it. Thank you, mario draghi. Off we go. Under the zero line. It may force some unconventional options as well. It is not greece, it is not italy. Significant d
U. S. , the entire manufacturing at 8 30. 9 15, industrial. Acity utilization it has morphed over the years. Everybody still looks at it. University of Michigan Confidence at 9 55. Estee lauder reports today. 100 anniversary of the opening of the panama canal. Was like the summer book. Summer reading book. 20 or zero. On the panama now . On the panama canal . Teddy roosevelt and the urgency of getting it through. They touch on it in a biography. Lets get the data check. Futures up 5. What a nice close. Yields go lower. Dipping below 2. 4 . Nymex crude at 94 at one point. American oil, the big showing see,equity in place and 12. 42. I put gold in there because it is doing nothing. This is europe. We will talk to gideon rose about this at length in the next hour. This is 30 years ago. This is really nice. What a churn here at 4 . Ben bernanke would call this a hockey stick. Is it a japanese hockey stick or i dont know what that is. It is a move down. This is the italian 10 year yield. Wh
Busy. Bank of japan is scheduled to change everything. Ill get you that in a bit. Private joke. Also on todays program weve not learned our lesson yet you say. Are americans really using their homes as atm machines once again . With housing prices on the rise, are so many home equity line numbers starting to move higher again . I mean, we have some startling figures on how many people are starting to open those equity lines of credit again and what they are doing with it. Brings us back to the danger days of the crisis, and when you have 20 billion in the bank do you really care about dropping 2 billion to buy a new toy . Cash. Whats behind former microsoft Steve Ballmers stunning 2 billion deal for the l. A. Clippers. Everyone is talking about it. Why billionaires with money to burn are changing everything when it comes to valuing sports franchises. You have a different take on it. I do. I think these franchises are going up in value. Ill fight it out with robert frank, but, first, th
Globe worsening. In iraq isil has driven one and half Million People from their homes leading the United Nations to declare it a level three emergency. They Obama Administration has sent a team of special operations to assess how to evacuate thousands of refugees who are trapped. Officials say the troops were on the Mountain Range for roughly 24 hours in a move that critics say seems an awful lot like puts on the ground, something the administration has insisted we would not see. When asked about that at a briefing to the president S Deputy National security adviser tried to draw the distinction between the military advisers on the ground and boots on the ground. 130 personnel will not be in a combat role in iraq. There there are a temporary basis to make assessments. This would be a humanitarian effort to get them to a safe space. There are a range of ways were doing that. We of not made decisions about had a carry out that mission because we want to get their readout from this Assess
Globe worsening. In iraq isil has driven one and half Million People from their homes leading the United Nations to declare it a level three emergency. They Obama Administration has sent a team of special operations to assess how to evacuate thousands of refugees who are trapped. Officials say the troops were on the Mountain Range for roughly 24 hours in a move that critics say seems an awful lot like puts on the ground, something the administration has insisted we would not see. When asked about that at a briefing to the president S Deputy National security adviser tried to draw the distinction between the military advisers on the ground and boots on the ground. 130 personnel will not be in a combat role in iraq. There there are a temporary basis to make assessments. This would be a humanitarian effort to get them to a safe space. There are a range of ways were doing that. We of not made decisions about had a carry out that mission because we want to get their readout from this Assess