We also have a packed agenda today. 8 30 eastern time. June cpi. Economists are looking for the headline number to rise by. 4. Among other reports to watch today, Industrial Production. Thats up at 9 15 a. M. The nationality association of Home Builders survey at 10 00 a. M. Our market newsmaker of the morning, squawk master Mohamed El Erian will join us. We have a lot to talk to him about. Beyond the data, the other big economic story of the week, fed chairman ben bernanke heading to capitol hill. Hell testify before the House Financial Services committee. Thats at 10 00 eastern tomorrow. Then repeating that performance in front of the Senate Banking committee on thursday. A lot to chew on there. Politicians are expected to grill him about the feds Bond Buying Program and plans for tapering and, of course, if widespread rumors that bernanke will step down in january true, this could be his last Monetary Policy report to congress. I bet he would miss that. We should also note that tomo
Power just enough that the Syrian Rebels will be able to finish the mission and actually drive him from power. And in order to do that, the leader of the Free Syrian Army told us in conjunction with a western military action that the rebels will launch their own offensive. They have already begun to stockpile ammunition, some new ammunition has been arriving. They have confirmed to us the question now is what will that leave the United States and what will it leave syria, if Bashar Al Assad is toppled. There are many different rebel factions who are operating in syria, only a few of them are friendly to the United States. Richard engel, nbc news, in southern turkey. U. N. Inspectors left their hotel today, headed to an unknown destination. We should note the u. S. Stocks sold off big time yesterday. You see what happened there. Dow was off over 1 . In asia overnight, take a look at what happened on this news. We have red arrows across the board, the hang seng off 1. 5 . And the nikkei