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Dave Caruso's Before the Bell

Before the Bell 6/27/2008

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Play from 0:00[0:00] ..." Right now before the bill that would be easy financial editor -- Caruso -- day it was not pretty yesterday. -- an understatement."...

Play from 0:40[0:40] ..." to be holding company can look outlast -- report 1%. In consumer prices because as an inflation number built that that is in the core prices which don't accept who manages -- two point two"...

Play from 1:19[1:19] ..." PM it literally changed out of three. Nasdaq down two point eight oil prices are dispersed -- except that of 44 cent above 440 dollars a barrel -- up another five dollars a night when he"...

Play from 2:44[2:44] ..." over the next week or so and now the market is in the Pentagon on Thursday's I was listened to analysts this morning. It has become you know over the weekend gets a little scared --"...

Play from 2:59[2:59] ..." Okay -- Caruso thanks so much have a super weekend talk -- next week"...

Play from 0:00[0:00]" Right now before the bill that would be easy financial editor -- Caruso -- day it was not pretty yesterday. -- an understatement."

Play from 0:08[0:08]" Told ugly it was a -- it started -- in the morning with the brokers are bashing the brokers in. The Fed wasn't tough enough for this morning we're look at a little that were kind of flat yet you know still awful -- in the Nasdaq but. The bright spot that's more is -- it's an economic numbers -- personal income rose one point 9% with a little help. From the as a tax rebates personal spending also still to request a -- 2% to restore spending money even at its most -- out. And then the really good news is that you know means that were actually saved the little bit of money in the last month so I think that's good market analyst at the sport so. Seems to be holding company can look outlast -- report 1%. In consumer prices because as an inflation number built that that is in the core prices which don't accept who manages -- two point two point 1% which. -- stand just a pretty name about a half an hour that it consumer confidence -- and that's probably could be very pretty either at the way people are feeling. Obligated back yesterday I don't think there's massive dumping going on stocks but just that there's no buyers out there because there's no catalyst in the heat of the summer to get investors to -- into that that's. The combination of higher oil bank bashing I -- second quarter earnings kept coming up. It's more wait and see if we go with the holiday week next week's soared into the will be the applause but right now markets kind of unchanged at 2 PM it literally changed out of three. Nasdaq down two point eight oil prices are dispersed -- except that of 44 cent above 440 dollars a barrel -- up another five dollars a night when he -- and that's coming off of 33 dollar increase just the one of the biggest industry."

Play from 1:34[1:34]" Okay let's hope you don't get comfortable saying that number fifty bill is today's is lasting image on."

Play from 1:40[1:40]" Yeah -- don't -- that it's goodbye built -- academic view from Tom Brokaw I -- the -- of -- that the dignity I think he's done and that it's kind of nice being that the richest -- in America to collect all the but. That's an example which can do with just one good idea is that a lot of discipline that classic Harvard -- that you know designed to deal with software group called IBM became a multi billionaire as a result of that put. It's a great country and in that corporation -- 10000 people the became millionaires that -- Microsoft. And he can he was one of the things that I think is the most amazing. History and it like came -- he wanted to put a computer and every business and every home. That runs Microsoft bought software and it happened sells now he gets the go off to not only spent all of his money to make the world -- place but it also gets to -- the other richest guy Warren Buffett's -- do itself hopefully will be good good good in philanthropy is it was inverted businesses."

Play from 2:33[2:33]" Now finally we just have a couple of moments that where do you see this thing going."

Play from 2:36[2:36]" I think protesting the lows -- 140 dollar a barrel of oil was making it very worried I think people concerned and that I think Republican detest over the next week or so and now the market is in the Pentagon on Thursday's I was listened to analysts this morning. It has become you know over the weekend gets a little scared -- on Monday in the -- here went zero to the races on the way up but we're definitely going to continue to do some testing here until we get a good catalyst."

Play from 2:59[2:59]" Okay -- Caruso thanks so much have a super weekend talk -- next week"

Other Episodes in this series

Before the Bell 1/28/2008

audio

28 Jan 2009

Before the Bell 1/28/2008 

An early look at the market with Financial Editor Dave Caruso.

listen

[0:53]..." losses -- if you look at this earnings season you know even Wells Fargo was up this morning with the big one so they -- getting those losses I think you'd think he'd get those assets. Also their books and they go back the plan if you would of what the purpose was to be about but to be pretty good so. That we got a great -- second they have a job basically or maybe third the third day on the job. As so he's going to be at all political over the -- what we've got and I think the majority of financial stocks are really like infect most of the financials are very big this -- so. These are start it and he teaches at nineteen point eight. Does the 159. We that the NASDAQ up to 48 oil prices down around twenty cents a forty want to change in gold down to fifteen years and eight and seven. "...

[0:21]..." good start. To be the fourth day in -- world that we CBS and the -- advocates expect the -- Summers have been the scene looked something like that. I have -- against the there "...

[1:33]..." it's not been pretty so far but they they continue to come AT&T was up this morning and they were down 23% on the auditing company. But the good news is is that they had "...

timeline

2:47more in this series...

Before the Bell 1/27/2008

audio

27 Jan 2009

Before the Bell 1/27/2008 

An early look at the market with Financial Editor Dave Caruso.

listen

[0:21]..." about the clutter so this morning we got the three popular names American Express DuPont to Texas Instruments. Not helping yourself all locked the American Express was 79% drop. For the fourth quarters but it took a lot of write downs and there about a -- behind expectations that a lot but again the financial -- some tough times. DuPont they have losses while they cut their outlook. The loss looks to be about seventy cents a share in the street was only expecting about twenty cents -- so. They also came out and cut the forecast and I agree when their Texas Instruments speaks semiconductor company that reported 86% drop in the profits so. They too were cutting about 3400 jobs and they warned -- "...

[1:21]..." we've been here it was something were to go to their. A Bristol-Myers also in the drug group most profitable point two billion dollars and are you that but this department of I think a "...

[1:47]..." David to the housing market a nice surprise on some housing numbers yesterday but today a different report. "...

timeline

2:54more in this series...

Before the Bell 1/26/2008

audio

26 Jan 2009

Before the Bell 1/26/2008 

An early look at the market with Financial Editor Dave Caruso.

listen

[1:33]..." the 38 years. And don't even mention about a 137. Of the S&P 500 are coming out of their earnings so we got -- spectacular surprise about it at least a little bit of lift this morning know what we get disappear tent. A 1048 -- has -- nine point eight oil prices are down about 75 cents at 45 and change. And we also got that the -- booked August 11 has such six "...

[0:46]..." not so bright new year to date it has -- 8% the S&P down almost 8%. That's the extent six point 3% small cap Russell 2011%. Of we're so all those of you looked overseas "...

[2:54]..." Camera looking at a big deal on Wall Street. "...

timeline

3:34more in this series...

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