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Brian . Thanks. Im Brian Sullivan at apples 5 billion headquarters in cupertino. Probably a new iphone, maybe a new tv product, a new watch. Could there be surprises we dont know. A lot of questions well get answers in a moment. Michelle going to be exciting. Im Michelle Carusocabrera at the alpha conference Tyler Mathisen is with me, too we have been speaking with important investors in the world. We are going to bring what they said coming up in the next two hours on power lunch. Melissa, back to you lets check the markets and keep up on the rally stocks are mostly higher s p 500 hitting record highs nasdaq has been digging in and out of record territory. The dow would be higher if it were not for mcdonalds. They are down 3 because they will report below consensus estimates. This cites, specifically, the storms ....
Fargo now that the hearing with ceo john stumpf is over. And the man behind the famous competitions will join us to discuss the race to space. Peter diamandis is here. We have john down here over at post nine and our own rick santelli. Jonathan, there is a couple of ways to look at this, right . It looks like everything is coming up roses but is this because there is this sense that the Federal Reserve is stepping back here to let it rip. It is the same sentiment felt. The concept of raising Interest Rates in 2016 is not completely off the table. They have dangled language in front of us. I think that kept people complacent and the market complacent for a very short time. We are looking forward to december as to what is going to happen. It seems the fed a year ago said lets raise rates now and address again in a year. We have december 16 on the calendar. The market is back i ....
welcome to today s show. part two of mr. bernanke today. i m riled up, but i m riled up about the interest rate on excess reserves. only one option out of four. i can t believe he mentioned it again. i would like to understand the basis for cutting that rate further. it comes after the european central bank deposit rate. we ve seen the impact of that on money market funds and distortions there. i m slightly more excited that they might go down the lending route, achlgtla bank of england. let s hope congress on listening in. india s latest cpi figures show inflation slowed slightly in june. we ll be in mumbai to find out reaction. we ll get the latest bank of england minutes. any hint on the future of monetary policy in this country? instant analyses from a senior broker. guest host for the second hour has just spoken to someone to become mitt romney s running mate. we ll get the latest from u.s. campaign trail. buy whatever the fed buys, whatever that ....