[applause]. [applause]. [applause]. [applause] thank you very much. Thank you, lt. Governor, youre outstanding. Thank you all for being here today. To begin, id like to recognize two new legislators, first, doug bartel, i appointed doug to replace don hager has a district 10 representative. Doug spent his career in Law Enforcement, including ten years as sioux falls chief of police. He was here for the budget address, but lets welcome him again. Doug, where are you . Welcome. [applaus [applause] second is mike dietrich. I appointed mike last month following the loss of our friend, craig. Mike is an attorney and an experienced legislator having served three terms in the 80s and 90s. I really appreciate his willingness to serve especially on just such short notice. Please join me in welcoming mike dietrich. [applaus [applause] today id like to look back at some of the things weve accomplished together over the past seven years and also update you on some progress, and ill also offer some
Vonnie the bloomberg Commodity Index is lower than it was during the hanging meltdown. New york oil is hovering around the 50 per barrel mark which is the lowest its been since april with speculation the Global Oil Glut is not going away. The greek exit from the euro may be back on the table next year. Almost 0. 75 percent of the euro says they will be out of the euro in 2016. The bailout package should be too small. A newspaper and i will his race for the residential nomination. The Des Moines Register calls him names. He commented on immigrants and make comments about john mccain. He has surged into the lead for the republican nomination. A new poll shows he is the favorite of 24 of republicans and those leaning that way. Nike has given Ceo Mark Parker a stock or that is 10 times higher than what usually gets. He has restricted stock with a target of 30 million but he gets it if he stays with nike another five years. The cofounder has endorsed parker to succeed him as chairman next y
Station. He will visit the region this week along with his wife karen. , estimates to total damages caused by Hurricane Harvey continue to rise. Research now projects losses of 42 billion, up 12 billion from monday. Other analyst estimates are at more than 100 billion, potentially more than hurricane katrina. Louisiana Governor John Bel Edwards said his states offering to shelter storm victims from texas after the state conducts rescues of its own residents. More than 500 people have been evacuated in southwest louisiana. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. This is bloomberg. Bloomberg technology is next. Caroline im Caroline Hyde in for emily chang. This is bloomberg technology. Coming up, north koreas clear and present danger. The Un Security Council schedules an emergency session after another Ballistic Missile launch. We discussed the reaction from around the world in the plan from the pentagon.
Because i think you have a free pass. Unless you have something y absolutely rouse in the next quarter, everybodys looking forward to the launch in september. So why not . Its one o f the safest stocks out there. I think the especially thuz y enthusiasm is going to continue to build. To petes poind. Yeah, pete. That strong. It was okay. It was fine. Almost everybody on this desk other than rich is either buying more today or thinking about buying more. But its also within the context that im not wildly enthusiastic about the market. I want market exposure. So ive got to market exposure through apple and i think it will work as working this year. So, why not. So, rich, why are you on the other side . We have a full position in apple but i think theres a broader position here, that apple is one of the great beneficiaries of possible repatriation. Also, i think the lens should be broadened to look at the s p, a third of the move this year has been on the faa and gg stocks. Investors shoul
Good tuesday morning. Welcome to squawk alley. Joining us this morning, elie wiehl is on set and mike isaac. We will get to you in a couple of minutes. We start with mixed signals from washington over the president s reported conversation with Russian Foreign minister lavrov inside the oval office. National security adviser h. R. Mcmaster now set to hold an oncamera press briefing in about 30 minutes. We will bring it to you when it happens. John harwood is in washington to set the scene. Clearly the white house is taking this seriously, as it should. What do we expect to hear from mcmaster . Well, i think this is the most significant damage control this white house has had to do so far, because what we have been seeing is an erosion of republican support. Its not an outright jailbreak in terms of people fleeing him but you do hear more serious criticism of him because this does involve National Security, not just involving russia, but also involving isis and i would expect that genera