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[0:04] ..." 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."...
[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"...
[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"...
[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."...
[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."
[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 --"
[1:04]" Okay what are the stocks to watch -- that."
[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."
[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."
[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."
[1:52]" And the -- that has been less than society -- one of the most famous heavy metal bands so."
[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."
[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."
[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."
[2:47]" I can't believe there's still any kind of committee at that looks -- pensions and an attorney."
[2:52]" Well you know it's -- small as a growing smaller bunch of people."
[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."
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