For north of 2. 5 or three hours is enough to make you lose your mind. I am honored to be back. Lets talk about time warner. Reported earnings facing analyst in the secondts quarter. Sales rose 8 over companies per 7re as revenues reached billion shares for time warner. Point a full percentage for the s p 500. Seeing dollar signs. The billion exceed dollars. Television ratings should benefit from the time zone. Ahead. E hour ,he International Monetary fund major benchmarks, and that significant work in analyzing decidingrequired when currency reserve status. The euro, the yen, and the pound. Baskets of currencies. Stephanie Republican Voters will not start their nominee for six months. Already split into front runners. Primetime televised debate while night. That pushes rick perry and six other candidates into an earlier event. Donald trouble be the front runner. Front and center when the cameras come on. Slamming his closest rival. He waits in ways and you are not allowed to talk to t
Thanks, simon. We begin this hour with trading troubles in the market. The three big areas were focusing on macro, fundamental and technical, and dominic chu will lay out the bull and bear case for each. Dom . Theres strong and theres a lot of them on both sides of the equation. Sure. Lets talk about the macro Bigger Picture scale first. First of all, you have at least whats perceived to be some economic strength or resiliency. Maybe not robust growth. Still, in the eurozone and the u. S. , yes, i know the eurozone is stepied at best and may be slipping back to recession but its holding in there and the u. S. Holding it better than most economies out there. Thats kind of the bullish case if you want to see it that way. Take a look at china though. Slowing growth there. Growing faster than any of us out here, but, still, that slowing growth may be a huge case for the downside of chinas economic woes really deepen as the market it your miles condition. Lets take a look at whats happening
Its up another half a percent. Well get disneys earnings after the bell today. Apple is thought of as sort of the lead dog. Its the Largest Company out there. I think disney is the company to watch these days. What a performance it has turned in. Meanwhile, aetna out with earnings this morning. Its getting a big boost from medicare and medicaid these days. We have a first on cnbc interview with ceo mark bert bertolini. Breathtaking consolidation in that industry. Really looking forward to that. Also rock star and actor Rick Springfield is joining us at the New York Stock Exchange. Well talk about his latest film with meryl streep and what he thinks about taylor swifts harsh words for spotify. Ring springfield has sold 25 million albums in his career. Thats a lot of potatoes. Im sure he has some comments about streaming these days and whether or not that is a way for a musician to want to get paid whether the compensation is enough. Taylor swift says its not. As soon as you said he had
Strangle the Nuclear Program in the cradle as often as we could, including throughout the 1990s and beyond that. From the iranian perspective, they could not sign onto a deal that didnt enshrine their deal to have an indigenous Nuclear Energy Program Including enrichment. While that certainly would not have been my preference going into this conversation, i started my job as the guy going after iranian enrichment efforts. The practical reality is we faced a country that was not relinquishing this capability. Address the idea, is there an ail telternative to what were now . If we dont agree with this deal, do we have an alternative . If we dont agree to this deal, the iranians are going to start installing more centrifuges and if we get pack back to the table were going to be doing with centrifug centrifuges. What sanctions unilaterally have impact . I do not believe u. S. Sanctions would not stop irans original program. Senator, i think u. S. Financial power and influences is enormous
Its currently sitting above 45. And the standoff, mandy. Standoff or standdown. Big one today. Still positive. Lets get right to the New York Stock Exchange and get filled in by bob pisani. Bob. We were hoping perhaps when you close wed see moves on the upside. Nothings happened. Lets take a look here. A couple of big headlines. We were there at the open. Thats where we are at the day. Vacuum volume is on the heavy side. No light august trading days in the last couple of days and the volatility has been rising in the last couple of days as well. The entire market is essentially down. The exception here is a small group of consumer stocks that are mildly on the up side. Lets not quibble. You see what i mean. Down 1 to 2 . Fear measures down a bit. What are the fear measures . Look at the gld. Gold treasures. Volatility, nice. 13 a few days ago. Now its 18. Id start paying a lot of attention when its 20. Its moving in that direction. Keep an eye on that. Weve had a lot of heavy volume. T