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The nasdaq up better than 1 . Thats a rally. By the way, the yield curve is not inverted. Treasury rates are now firmly above their lows of the last two weeks. Got a question for you. Why would apple, with over 200 billion in cash, borrow even more money . They are jumping on the cheap money band wagon, issuing bonds along with cocacola, disney, deere and a host of other Blue Chip Companies. They are making hay while cheap money flows. And they will pull in money from overseas, too. Over here, corporations pay interest. Over there, not so much. In a moment, you are going to see the extent of the devastation in the bahamas and dorians track. Its strengthening and heading for the carolinas. Varney company about to begin. Stuart we start with the hurricane. It is now a cat 3 storm as it makes its way up the east coast and takes aim at the carolinas. Meanwhile, in the bahamas, more images emerging of absolute devastation. At leas ....
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second time they have lowered their guidance. It shows how tough the landscape is right now. Less people going into retail pharmacies. Walgreens is having we think their footprint. It is brutal. At least taking a look, at least wall street does not have a lot of faith in the turnaround plan. I think that they feel that the plan is solid. An analyst from Bloomberg Intelligence said earl ....
We will discuss with david lee and just a bit. Im Katie Greifeld in new york. We have hovering near alltime highs. At the stock level, things are much more exciting. Take a look at the nasdaq 100 we have that bond market rally continue. About five basis points right now. It could change tomorrow when we have those pce numbers, but for right now, one stock we are watching is walgreens. It cut its profit forecast for the full year. Joining us now with more is fiona rutherford. This is the second time they have lowered their guidance. It shows how tough the landscape is right now. Less people going into retail pharmacies. Walgreens is having we think their footprint. It is brutal. At least taking a look, at least wall street does not have a lot of faith in the turnaround plan. I think that they feel that the plan is solid. An analyst from Bloomberg Intelligence said earl ....