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Good morning, im in today for Brian Sullivan lets start off with our your money and the Global Markets are shaping up on this monday morning. The dow will be higher by around 90 or some points. Gaining some ground in the past few minutes. You can see the s p higher by 4 points and the nasdaq rarely an underperformer now you can see implied open lower by 16 points now this is coming after solid gains for the major indices last week more on that in one moment here. Turning to the bond market as well, the yield on the benchmark ten year Government Note or just around 56 basis points the two year note yield about 13 basis points and the 30 yearlong bond a hair below 1. 24 or 124 basis points taking a quick look at the price of gold as well, remember, hovering around the record highs. That key one to watch, the last trade th ....
It seems that way with the s p climbing 1. 1 and the s p 1. 8 and today for once seemed rooted in something very positive. The end of the greek disaster scenario took it off the table and there were plenty of people who believed that if greece broke with the euro there would be pure chaos in the financial world, dominos and those investors are now off the sidelines buying or recovering their short positions meaning buying back what they bet against because you most leakly arent going to see drachmas any time soon. The woman who ran the show the whole time german chancellor Angela Merkel closed this morning at 3 00 a. M. And lets just say the greeks blew it. They went for broke and got a terrible deal because in the end they wanted to be in the euro more than the germans wanted them in the euro. The germans were willing to throw them over. I think the europeans threw in the plan because they wanted to force them to vote yes. Maybe t ....
With ginnit down rometty at a conference at the new cornell text campus in new york city and asked her about ibms commitment to developing artificial intelligence, or is becoming a cultic, cognitive commuting cognitive computing. Ginni we will need help with decisions with the complexity of what is out there, and it doesnt matter what profession you are in. It was this idea that you could help any division be better. I am always reminded of a statistic that studies have been that, when asked, what percentage of your decisions are right, what percentage would you guess . Megan 100 . [laughter] average, ones, on third are great decisions, one third not optimal, and one third are wrong. When you think about that and aw much we have estimated market to make better since decisions to make better decisions. That is why we are calling it cognitive. When we think about man and machine not man versus machine, this is an error that will play out for decades. This is an era that will play out for ....
Rometty at a conference at the new cornell tech campus in new york city and asked her about ibms commitment to developing artificial intelligence, or cognitive computing. Ginni we will need help with decisions with the complexity of what is out there, and it doesnt matter what profession you are in. It was this idea that you could help any division be better. I am always reminded of a statistic that studies have been done that, when asked, what percentage of your decisions are right, what percentage would you guess . Megan 100 . [laughter] ginni studies, on average, one third are great decisions, one third not optimal, and one third are wrong. When you think about that and how much we have estimated a market to make better decisions. That is why we are calling it cognitive. When we think about man and machine not man versus machine, this is an era that will play out for decades. Megan a lot of people know watson. Can you talk to us about watson and make it more real world for the peopl ....
Bloomberg businessweek debri ief. Megan i sat down with Ginni Rometty at a conference at the new cornell tech campus in new york city and asked her about ibms commitment to developing artificial intelligence, or , as the Company Calls it cognitive computing. , ginni we will need help with important decisions, no matter what they are. With the amount of data, it is the complexity of what is out there, and it doesnt matter what profession you are in. Therefore it was this idea that , you could help any decision be better. I am always reminded of an interesting statistic that studies have been done maybe some in the room from cornell would agree or not that, when asked, what percentage of your decisions are right, what percentage would you guess . Megan 100 . [laughter] megan exact ginni 100 , exactly. Studies, on average, one third are great decisions, one third not optimal, and ....