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Dave Caruso's Before the Bell

Before the Bell 8/18/2008

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Play from 0:25[0:25] ..." one million in June those -- be up Tuesday we get the producer price index coming out Tuesday as well the -- looking at prices gone up two point 5% in July which is well the less than what was -- in June but still you know. It's still rising and and the Fed we've stepped down. The annual meeting in Jackson hole take place on Friday morning and usually to -- people present academic papers but I'm cynical could be. Was seen with bated breath so and -- given that futures -- higher oil down to about done a 113 thousand barrel dollars up. And we're looking at possibly recession in Great Britain within the next six to nine months and that's whether the weakened for the --"...

Play from 1:06[1:06] ..." Freddie Mac they said today that the don't -- about three billion dollars in in notes that that means that the district now about"...

Play from 1:29[1:29] ..." said it had done -- record annual profit and go to -- Wal-Mart saying that."...

Play from 1:42[1:42] ..." people be launching a new album and that'll only be available from Wal-Mart which countries because you know he's got. This company that -- for instance stodgy."...

Play from 1:57[1:57] ..." and the potential for you know we're watching CD sales fall. Yet Wal-Mart to big distributors of albums and they did this already with journey and and the Eagles which got -- biggest selling album in note seven just through Wal-Mart. "...

Play from 0:00[0:00]" Double BBC news time 925. On this Monday before the bill's sponsor today by Verizon joining us this morning is Bob Powell in four -- Caruso Bob Powell would marketwatch.com. And Bob what's on tap for the week in the day."

Play from 0:13[0:13]" Well the for the week we've got a couple things -- coming out with respect to housing connoisseur of late so that MarketWatch expect big drop in. -- starts in July to a seasonally adjusted rate of about 1960000. That's below one million in June those -- be up Tuesday we get the producer price index coming out Tuesday as well the -- looking at prices gone up two point 5% in July which is well the less than what was -- in June but still you know. It's still rising and and the Fed we've stepped down. The annual meeting in Jackson hole take place on Friday morning and usually to -- people present academic papers but I'm cynical could be. Was seen with bated breath so and -- given that futures -- higher oil down to about done a 113 thousand barrel dollars up. And we're looking at possibly recession in Great Britain within the next six to nine months and that's whether the weakened for the --"

Play from 1:04[1:04]" Okay what are the stocks to watch -- that."

Play from 1:06[1:06]" Freddie Mac they said today that the don't -- about three billion dollars in in notes that that means that the district now about 39. Nine billion dollars in notes for the year -- it's downbeat about its sales and -- profit outlook for the nation's seat of for the next quarter."

Play from 1:20[1:20]" I kept Japan's biggest bank Mitsubishi said it's buying the the remaining portion of union bank cabinet have been found. The world's largest mining company billiton said it had done -- record annual profit and go to -- Wal-Mart saying that."

Play from 1:34[1:34]" It plans to settle on. They -- newest album in an exclusive deal in October basing these people be launching a new album and that'll only be available from Wal-Mart which countries because you know he's got. This company that -- for instance stodgy."

Play from 1:52[1:52]" And the -- that has been less than society -- one of the most famous heavy metal bands so."

Play from 1:56[1:56]" And it it's considered signal and the potential for you know we're watching CD sales fall. Yet Wal-Mart to big distributors of albums and they did this already with journey and and the Eagles which got -- biggest selling album in note seven just through Wal-Mart. "

Play from 2:10[2:10]" If that is interesting but it's an unlikely pairing as you suggest. Other the GAO coming up what this reports about pensions."

Play from 2:18[2:18]" Well it was so that the pension benefit guarantee court which is the government agency that insures all about 44 million dollars of 4144 million tensions on the part of Americans. As a new investment strategy for the money that it manages and what -- is saying now is that it's going to invest more in stocks and in bonds and GAO says you know that made. Not be a -- the a safe bet it. That may be more aggressive investment plan and they need to do given that they you know -- sort of a insurer of last resort for many pensioners."

Play from 2:47[2:47]" I can't believe there's still any kind of committee at that looks -- pensions and an attorney."

Play from 2:52[2:52]" Well you know it's -- small as a growing smaller bunch of people."

Play from 2:56[2:56]" I bet they bought health thanks so much we'll try to tomorrow that's right. We're at 75 degrees in Boston right now lots of sunshine as we mentioned early as can be very warm today a high of 88."

Other Episodes in this series

Before the Bell 1/28/2008

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28 Jan 2009

Before the Bell 1/28/2008 

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

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[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 "...

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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. "...

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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. "...

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3:34more in this series...

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