Anymore. It will be a different world than where we are today and where we are in 2013. He was also careful to offer up words of praise for apple. Take a listen to what he said on apple. No demons in this dispute or the larger dispute. Apple has been very cooperative. He was offered by one congressman the opportunity to repeat the government allegations this week. Its part of a larger marketing decision. Comey did not take that opportunity to understand what apple is about here in this debate. You really just have to ask apple. He himself sort of held back there the opportunity to go after apple the way the government had gone after them last week. So an interesting evolving debate here. Yeah. A very interesting tone as well. Thanks so much for that. As aman said 24 hours remain for apple to respond to that court order. Tim cook took to abc to explain why he is concerned. Take a listen to that. We had no more information. The only way to get information at least currently the only way
A flurry of retail results. Some good, some bad. I wonder if restoration or maybe its devastation hardware. Its brutal and they blame the market. Maybe thats the final proof that the high end customer has rolled over. Has pulled back at least. I dont know necessarily were talking about rolled over but theyre blaming the market and theyre talking about volatility and all the things going out on the markets each and every day and i they when you go through the retail environment its good to see howell home depot did and tjx did also. When you look at the names doing well they have some form of exposure to the housing world and where the spending is going on and maybe other names. Macys surprised us sitting here on the desk. Expectations have been so low. They could have gotten over that bar. But they did. That was the real key. Thats why that stock reacted the way it was. They have been punished and pricing in a lot of the negativity. Youre helping me make my point though steve. Restorat
Wars as demand heats up with the temperatures. All right, so how bad is it . 9 of the 456 u. S. Counties measured by realty track are now considered not affordable by historical standards. Thats up from just 2 last year. Median home price growth outpaced wage growth in more than 60 of counties. And where is it the worst . Counties in denver, dallas, austin, new york city, san francisco, omaha, and st. Louis, would you believe . Affordability is best in baltimore, birmingham, providence and chicago. Weakening affordability in midsize cities, many of which are undergrowing a great rebirth is pushing people out. Red fin, a real estate brokerage, says the typical home sold in 2015 was about 4 farther from a city center than in 2011. They also say their agents are reported back that would be sellers are not listing because theyre afraid they wont be able to find or afford their next home. And one last note, we reported this morning that the Palo Alto City Council is considering subsidizing
The rest are on the way up. Galaxy hong kong, leading the gains in there. Every single sector is on the way up ahead of the rba rate decision, which should be out in about an hour and a half. Not a lot, but it is still ticking upward. New zealand, about 6000. Record high. The records kept back in 2001, 4 10 of 1 . Of course, jakarta getting underway. Eric quickly, lets have a look. Up,u. S. On the way malaysia. The yields are on the way up. And it is a bit curious. You look at what is happening in the equity market. The aussie dollar is on the way up. Chance that the rba cuts, so very complex. In any case, yields are on the way up. Markets, we will get some movement when the rba does decide and comes out with that decision. Very quickly, one stock i went to mention here. It is a Coal Mining Company based out of session one, china. It had already had a warning. Essentially, what it is, they are negotiating, to restructure 182 million u. S. Dollars, and that note, i believe, is due tomor
And one of valleys biggest defenders is out defending. And u. S. Special forces heading to syria. Will this add more uncertainty and volatility to the oil market . Before we tackle that one, lets go down and touch base with sarah eisen. One stock everybodys watching today. Shart of valiant pharmaceutical. Down more than 60 in the last three montes. The Company Fighting defending its Business Practices of the. And also today. One of valiants biggest investor s ackman, olding a cal to hold his stake. With the Specialty Pharmacy philidor. Activities raising questions about the companys Business Practices. This comes after pharmacy benefits manager cbs care mark, express scripts all said last night they are terminating their relationships as well. Citing non compliance with the terms of his agreement. And last week saying it acquired an option to buy the Specialty Pharmacy at the end of 2014. Valeant said 40 of flowed that the channel. And a lot of investors questions valeants decision to