Weve been looking at it, 2. 51. Did you see all those bond issues yesterday . Europe is back. A whole lot of green. Really it was asia that might be a concern. Japans market off 2. 8 overnight. Lets get our road map this morning. It starts with earnings from economic bellwethers. Procter gamble and ups both seeing gains last night. And dont diskrount old gart of the internet era and amazon posting betterthanexpected quarterly revenue. Were going to start with two companies being known as being barometers. Getting a lift from ecommerce and strong europe export growth. Procter gamble said it earned 1. 05 cents a share. The ceo gave his assessment earlier, jon moeller on squawk box. We held sales in each of our reporting segments, grew 8 in developing markets, we grew 11 in japan and earnings were right where we expected them, why is which were able to reconform guidance on the fiscal year, 5 to 7 earnings per share growth so were right on track. Right on track they say, jim. You believe
With miss eleanor with some allergic in that they said from one into for books in year when using a checklist, people with reason joy yukon tibbits, and wait a storage form which on a counselor observed to prescribe should, ah, and then i know says control new all figured out, but its on the i was in the law, Stella Schuster now had him up or conflict honest here, but a full nor walker is showing me its with this medical unit has been sent up in a maintenance building. Its protected from shelling or install hold on, hold on in the fall cables. The team works 10 minutes drive from the front line is quiet now, but sometimes shells fly in excitement. You know, then anybody weve been suing and you wouldnt listen a to share with you and you are good. She ship it and wish me grow with whatever it was on board with feel like ive been, you know, for the border with their telephone. But youre Still Mission of bangladesh. Hes a Mystic Canyon with in the chair and the papers have been up. I dont
Up 0. 08 . Any explanation for the underlying strength is pure supposition. We should be going down hard right now. Right here. As we did right about now, for every single federal level imbroglio since weve had so far. In other words this was the day they started versus the event. The october 1st date for when a Government Shutdown is supposed to be begin, it looms so large. There isnt a single sign that there will be a deal. None. We could be in for a prolonged period of rancor and indecision, both of which are bad for business. So how can we think this time will be different . Why arent we down, 4 , 5 , 6 , instead of a measly couple of down days . Let me give it a try. First, maybe the market is saying, there wont be a showdown. Maybe there are forces at work that we dont know about which will make the whole episode more benign than skeptics including me realize. Hard to believe anythings happened behind the scenes. But we never know with washington. Put that in. I dont know, 20 cha
Since the Obama Administration began. You got to ask yourself why isnt this market down more than it is . How in the heck have stocks managed to stay resilient with the averages actually up most of the day before backsliding. Dow closing off 67 points. S p declining 0. 2 . But the nasdaq actually inching up 0. 08 . Any explanation for the underlying strength is pure supposition. We should be going down hard right now. Right here. As we did right about now, for every single federal level imbroglio since weve had so far. In other words this was the day they started versus the event. The october 1st date for when a Government Shutdown is supposed to be begin, it looms so large. There isnt a single sign that there will be a deal. None. We could be in for a prolonged period of ranger and indecision, both of which are bad for business. So how can we think this time will be different . Why arent we down, 4 , 5 , 6 , instead of a measly couple of down days . Let me give it a try. First, maybe
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