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[1:07] ..." have the over and distance is nine elevenths. We're seeing tapes about Osama bin Laden so maybe some geopolitical spoke to creep up as we put. Our topic we're going to see much of anything with Russia coming up on Wednesday that incident from last week but. It's going to be a lot of that guessing in the a lot of Fed speakers this week's with a desperately looking yet but. Our age overnight not a bad Europe pick it up there were doing okay at this point isn't he teaches a three point five -- 24 Nasdaq up 11. A low oil prices are a dollar despite some explosions in Mexico's doing a little bit lower certainly. Stereotypes of -- last quarter's solid gold up"...
[2:04] ..." gonna make darn well sure that probably that the US and the European central banks are really going to make sure deserves an outcast but. We are looking at -- short term paper -- because it does."...
[2:19] ..." credit that's the one that's been under a lot of pressure with sub prime their -- 12000 people that starts -- a little bit this morning. But Disney is testing some other toys as well because"...
[0:00]" Time for hours before the bell stock report and WBZ financial editor Dickerson is in this morning good morning David good morning Deborah -- back at a rough Friday every."
[0:08]" Yeah we sure are you it is although it only has it affected the markets that much you're dead but it's been a vocal yourself. The 250 point knock on Friday basically because what was going on the jobs and of course what makes little little bit more likely it is going to be recession coming up -- I think it's going to be very distinct and -- September 18 for the Fed to look at all these data points and see Howard doing that. Still we are year to date the Dow was up about five and a half percent that's a little less than half of what it does have a normal year they think could be determined is normal in the markets -- futures -- that don't get two and a half percent this year an aspect too in the best of six so point 2% isn't that text starts to going to carry it through. Russell 2000 actually down and small cap stocks is doing tremendous over the last five or six years. Certainly appalled -- because it's makes all the more problems. When you're smaller company when you borrow money it's a little cheaper you know at the world policy of the big acerbic at some of the reasons curtailing -- I internationally the EAFE international indexes of five point 2% doing okay progression of the doubt. And I think we just got this week it's again not a lot going on but we do have the over and distance is nine elevenths. We're seeing tapes about Osama bin Laden so maybe some geopolitical spoke to creep up as we put. Our topic we're going to see much of anything with Russia coming up on Wednesday that incident from last week but. It's going to be a lot of that guessing in the a lot of Fed speakers this week's with a desperately looking yet but. Our age overnight not a bad Europe pick it up there were doing okay at this point isn't he teaches a three point five -- 24 Nasdaq up 11. A low oil prices are a dollar despite some explosions in Mexico's doing a little bit lower certainly. Stereotypes of -- last quarter's solid gold up to 40 until -- weakness in the dollar."
[1:42]" And there's a focus on short term investments at the."
[1:45]" You know the brilliant we don't really talk about short term commercial paper it's kind of who cares and that's the stuff that makes some money markets were protest -- You know that there was has been a big pickup in the mortgage market and there's about a 120 billion dollars of that debt coming due this week so I think as a result of that we're going to see maybe rates going up just a tad. And when we look at you're gonna make darn well sure that probably that the US and the European central banks are really going to make sure deserves an outcast but. We are looking at -- short term paper -- because it does. Become a little bit more expensive for our people to parliament for companies Abramowitz is."
[2:17]" And what -- Washington that."
[2:18]" A couple of things country like credit that's the one that's been under a lot of pressure with sub prime their -- 12000 people that starts -- a little bit this morning. But Disney is testing some other toys as well because some of the problems last week with free calls from Mattel. -- it done pretty well AMD's doing okay their latest chip in the server markets being announced. Apple as a sort of schedule that sold one million dollar phones about a period -- percent Intel up its guidance for the week. And I think the only thing it's so the -- are doing well I think the only thing that's actually missing that we haven't talked about it deals and that the few things small want to -- somebody put in by Blackstone provide 600 million American chemical -- the -- We haven't seen those deals and that's what the credit markets really doing to go to the marked missing is that."
[2:59]" David thanks so much"















