Combined fines could top 5 billion. U. K. Retail in a rut. Shares slip as a sharp outlook overshadows better than expected earnings. Marks and spencer also in the red as the Share Buy Back fails to impress. Good morning and welcome to Worldwide Exchange. Lets have a quick peak of where your dollar is trading. The big news obviously that came yesterday but today germanys ppi down 1. 5 on the year. Thats a weaker number than expected. I wonder if were looking at the Euro Dollar Exchange rate right now, 11114. How vulnerable is the euro dollar to raise in yields again. What if we see the bond yields right now. Currently 60 basis points. Does the ecb come in and use verbal intervention. Absolutely. Very interesting point that the euro dollar moved like an equity over the last six months. We saw it correct. We saw it come back away from 104, 105 handle and it it is moving really off the back of the ecb comments that you just mentioned yesterday. Interesting to also point the german bund. Fo
Deliver. Its what all good managers of tremendous Growth Companies know to do. They rein in expectations, tapping them down so they can later blow them away. In short, they play, upod. The initials for underpromising delivery and its exactly what you need to get your growth stock trading at a much higher price. Hallelujah oh, but tim cook, the ceo of apple apparently has never heard of upod and because he doesnt know the meaning of the term the nasdaq gave it away each as the dow went in the s p climate at 1. 3 . Apples dreary iphone presentation yesterday, where we got more colors and more security, but no pizazz and no smart pricing to take on samsung, the current handset colossus was the quint essential opposite of,pod, and hence why the stock dropped today. He somehow disdains it and he thinks that hes above it. It doesnt what matters is that apple rules so shut up and love it if you disagree with us, hit the road as the analyst in three major firms did today when they dow d downgr
Immigrants. [applause] you must have the right you pay into Social Security. Millionaires this morning that power ball jackpot just hit a new record. Swelling to 625 million. This is my town na na na na na this is my town brian if you live here its your town. Steve headliner right there iv i say they cant afford to live in my town. Jedediah we senator rick scott coming up to talk about just that. Steve indeed, he has written an oped for the wall street journal talking about how when he was the governor he would go to these high tax states like new york and california and say hey, you know, if you dont pay state tax in florida. Lickety split a bunch of companies moved down there. Brian a lot of these democratic run legislations mayors and governors jack up the tanks the people leave so the democrats leave the blue states and go to the red states and then start flipping those states. Until they start jacking up those taxes and we run out of country. Meanwhile rick scott on a little bit l
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