Dave Caruso's Before the Bell

Before the Bell 7/16/2008

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Play from 0:29[0:29] ..." because he had an unemployment. The inflation and nowhere to -- with interest rates. "...

Play from 0:34[0:34] ..." And the Fed chairman Ben Bernanke back on Capitol Hill today."...

Play from 0:44[0:44] ..." their financial markets in terms of it -- on the contains Freddie Mac and the there's a lot there. Also you know some concerns. That stunned the Euro zone is slowing into a recession is"...

Play from 1:10[1:10] ..." a combatant as the Delta Airlines reported a one billion -- a quarterly loss surging fuel costs are to blame the weak US economy people applying the and rose 2% to five point five billion. Some"...

Play from 0:00[0:00]" Bob Powell marketwatch.com. Is in for David this morning hey Bob good morning it. What's setting the stage for today."

Play from 0:06[0:06]" Well and that is. Is that the concerns just -- up in June that there just isn't in more than twenty years with that two thirds of the surge blamed on gets what's soaring energy prices. Most -- department report that consumer prices rose so one point 1%. Which was much worse than expected. Energy and food which people would want to do Italy rose zero point 2% but it's put in the stocks because he had an unemployment. The inflation and nowhere to -- with interest rates. "

Play from 0:34[0:34]" And the Fed chairman Ben Bernanke back on Capitol Hill today."

Play from 0:38[0:38]" We'll be back there so people will be waiting with baited breath to see you know what he says about what the solution will be to their financial markets in terms of it -- on the contains Freddie Mac and the there's a lot there. Also you know some concerns. That stunned the Euro zone is slowing into a recession is still. You know it's it's it's -- people -- of the close to vote on the yard and they are nervous aren't you think could unravel."

Play from 1:04[1:04]" It sounds -- and said that what stocks are you watching."

Play from 1:10[1:10]" As a combatant as the Delta Airlines reported a one billion -- a quarterly loss surging fuel costs are to blame the weak US economy people applying the and rose 2% to five point five billion. Some good news -- that -- price that dropped by 2% in the second quarter. I want you to customers -- don't pay their loans to companies said but they did did raise its quarterly dividend from thirty to 34 cents and 31 cents. He comes at a time and that banks are not doing that there in sloshing their demands to present their capital. Will be in the news but to be questioned by. CEO's of Bear Stearns and Lehman Brothers about. The Goldman Sachs and in any role in putting pressure on on a distance just before it collapsed. A big news that Intel its profit jumped 20%. -- laptop chips there. Booming apparently in sale in the global PC demand is healthy. The concept record of -- does that concern outside the US. And some orders and in the news it's -- in discussion -- It -- Internet division -- the Microsoft Yahoo!. Are taking -- urgent you know more urgency as Yahoo!. That's board directors meeting on non perishable meeting on August 1 and to district that has its earnings rose 34% beating expectations."

Play from 2:22[2:22]" A lot right Bob pile of marketwatch.com. We appreciate the update."

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