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Transcripts For CNBC Squawk On The Street 20130807

Whats happening with the nikkei. Down 4 . Heres whats happening across europe. The bank of england saying it plans to keep Interest Rates at record lows until unemployment falls to 7 or below. So a mixed trading session. We will have plenty more on that later in the program. Also in our road map this morning, disneys Third Quarter results top estimates but its movie studio takes a hit on the lone ranger flop. Morgan stanley, facebook saying that video ads constitute a good chunk of revenues by next year. Shares of ralph lauren are unraveling on weaker guidance. Dan lobe is backing off sony for now and is telling an angry George Clooney they have more in common than clooney thinks. Shifting our focus. We were just talking about whats happening in japan. Mike, i just wonder again if people, as much as theyre talking about how the taper is responsible for whats happened overnight, if its not in fact some of the things that are developing overseas which are just having an impact here back

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Buying a home in retirement: Here's what it takes for retirees to get a mortgage

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