A duck and theyll stop throwing bread comes at you and heres the video clip this is the key thing to understand and to never forget wall street was this close to selling you. We work out a 50000000000. 00 they were ready to go they were locked and loaded the road shows planned everything fell apart at the last minute and now there are headlines out of them and might step down as c. E. O. Theyll be called chairmen and theyre going to clean things up but theyre going to try to do what oprah did a year before it went public but the point is not that the point is that we works underwriters wall street banks with Wealth Management divisions were this close to selling it to you at a 50000000000. 00 valuation and now we dont know if it will even get 10000000000. 00 we dont know if itll even get an i. P. O. It all remains to be seen. They have to i. P. O. Will default on a whole bunch of debt so i. Think so in the hope that theyll find a way to get it done but this is the part you should never
London Stock Exchange. We get perspectivy from one of the rivals terry duffy joins us exclusively here on set. But first, its still on and we are talking about the great roe rotation so many of the desks have been skeptical of maybe even poopooing at times. Showing tahoe strength here in sectors russell, banks, retail to name a few. Whats making you a believer, guy . Its a fascinating question i mean the market has an uncanny way, not that i need help making me look silly. Within a of alltime high of the s p 500. Everything looking fantastic when do i become a believer . You know, i dont know the answer to that but what ill say is the head winds havent gone away that much yes rates backed up probably a healthiy move yes the gold market not exploding up maybe the situation with hong kong has abated but its still there. The market is looking past them. I dont know how to answer the question because the concerns i have i dont think it they dont get resolved in one day. I know how to answe
Low. And its projected as the population continues to age in the baby boomers retire that that ratio will continue to rise in an unsustainable fashion. So, the addition to the debt taking what is already a significant problem and making it worse is it is of concern to me, and i think it does suggest that in some future downturn, which could occur just for whatever reason, the amount of fiscal space that would exist for fiscal policy to play an active role it will be limited, it may well be limited. Sam fleming with the financial times. Couple of longer term questions, first of all, midway through the year, hot weather inflation targets might need to be raised. Obviously been a lot more debate and have had systems since then about this it may not be an imminent issue, it may be something the feds may be discussing over the coming years. Some sort of change to the inflation target second of all, the amount of stimulus tools that the fed may have at its expo sal are fairly limited. One of
Images of herself on big game hunts taunting her critics. Well talk to her. And end of the road. The little robot on a Cross Country journey to San Francisco. Strangers supposed to get him all the way. But then this happened. How the happy little life of the robot came to a sad end today, monday, august 3rd, 2015. From nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today. 7 00 a. M. On the west coast on monday. Im Savannah Guthrie. Our big story is out west. Scary scene in california. Over 20 individual fires but a couple of them very, very alarming. Its our top story this morning. Thousands of homes now being threatened by this california wildfire. And overnight, emergency officials stepped up evacuation orders. Nbcs joe fryar is live in lake port, north of San Francisco this morning. Good morning to you, joe. Good morning, savannah. We have just learned this fire is now 60,000 acres burned,
The little robot on a crosscountry journey to san francisco. The goodness of strangers supposed to get him all the way. Then this happens. How the happy little life of hitchbot came to such a sad end today, monday, august 3rd, 2015. From nbc news this is today, with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on a monday morning. You look so different, matt with your glasses. Well thank you very much. Matt is off this morning. Weve got carson here and breaking news at the top this morning. Its our top story. The severe storms moving east now, after producing dangerous hail high winds and tornadoes across the midwest. Heres nbcs john yang with the latest. Reporter Severe Weather turned deadly over the weekend when high winds caused a tent to collapse at a small festival in suburban chicago. We had one fatality three serious injured and 17 to 20 minor injuries. Reporter John Anderson says his van, southern jack w