Why arent i 50 points ahead, you might ask . Kennedy why are you talking like that, i might ask. Plus it gives donald trump a super easy question to answer. Because she is terrible. Kennedy you are not 50 points ahead because people dont like you. Its not just you its am t just your sour disposition and your only governing principle is i should be more powerful. Lets start with the lying. When james comey came out and said he wasnt going to recommend dmarnlgts the server scandal he still called you a big fat liar. I provided all my emails that ask possibly be work related. Several,000 work related emails that were not among if the group of 30,000 emails returned by secretary clinton. I thought using one device would be simpler. She used multiple devices to send and read email. Kennedy then there is your health. People think you are lie being that, too. Ken sorry. Your power lust allows you to concentrate government control bin creasing taxes and increasing spending on entitlements and
South korea were closed for whats the mid autumn festival there. And the european equities, things are up. Cac is flat and if ftse is up by 0. 2 . This morning crude is up by 24 cents still trading at 24. 81. Lets get you caught up on the busiest day of the week. The bank of engallant is going to be announcing its latest policy decision. Expects to leave rate. Jobless claims are out at 8 30 time. The Producer Price index and september philly fed index and at 9 15 look for august Industrial Production. We talk about the apple iphone a lot. Apple now saying the initial quantities of its iphone 7 plus are sold out. Thats the one i want. The new gadgets will hit store shelves sometime tomorrow. Consumers wont be able to buy sold out phones but the company will continue to take orders online. I wont be releasing its first Sales Numbers of the iphone 7. Why . I think they made that decision a while ago. It reminds me of the details. In fairness to apple, nobody else does. Samsung doesnt. The
Beat goes on and on good morning and welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost reporting from washington today as wells fargo ceo was the before the Senate Banking committee. More on that including his prepared remarks in just a moment. Finally a very good morning to you from me as well. Looking good in washington. Miss you here. Playing my Favorite Song to keep me in a good mood. First a check on the global markets. U. S. Equity futures after they gave back most of their gains yesterday on the turning in oil prices. Oil was up 2 gave most of that back and stocks followed suit. Looks like were up in the premarket here, 42 points on the dow. Futures up five and nasdaq up about one. See if we can hang on to those gains. Theres some Economic Data, some housing earnings and of course two big fed meeting and boj meeting starting today. For the ten year treasury note yield lets show you where we are this morning hovering around that 1. 70 level. Hasnt bunched. 1. 69 is y
President obama makes no mention as he stops for hillary in new york with the very latest from the campaign trail. Cheryl investors made for the latest word from the Federal Reserve which opened a twoday meeting tomorrow. We will tell you what the central bank is expected to pull the trigger. No reaction right now to the events here in the new york area over the weekend. The dow, s p pointing to a muchneeded open. Nicole oil with an up arrow up 1. 5 pay 5 . Tensions in libya to get that as well at the opec meeting. Cheryl palette takes frontend vendor. All the winners and losers from hollywoods big night. Nicole Adrian Peterson suffersp minnesota from the dominican attackers and a baseball the yankees fall short against the right talks to tighten the wildcard race. All the highlights. Cheryl at its 5 01 a. M. In new york on monday, september 9th teams. Your first look at what theyve been spacebar its the latest breaking news and what to expect a day ahead. Trade to the fbi questioned f
For the portfolios we manage. We are, instead, putting on a one by two trade right here approximately at the 115 level in the stock. Thats what we started to do yesterday. We thought that the stock has still more room to run. Weve only heard what weve heard, of course, from sprint and t mobile. Apple isnt going to tell us anything for quite a while, and i think well hear more from at t and verizon. I think its all going to be good news. Everybody on the desk likes the stock. Do you think this move is justified . Sort of in the velocity of it . Yeah, i do. I think it was also very underowned. I went and looked at the weightings of apple in the s p 500. 3. 4 . I would venture to guess that many Portfolio Managers under underweight. You could have been underweight for most of the year, right . It it was the right call. For them just to get to market weight in this position i think thats what you are seeing here, and in addition, we are getting Interesting Data points. Less bad. Maybe even