Before the Bell 8/20/2008

[0:49]..." going to be -- soft landing we're not going to have that stagflation which means slower growth in rising inflation. And it also got a lot of help from low oil prices easing up a little -- there's still pockets of that occurred from Prudhoe bay -- we get this cease fire in the "...

[0:00]..." Every Friday this time we take a look at this week on Wall Street. Well our financial expert David Caruso from coastal capital and in -- hello David -- give a smile on your face. "...

[0:16]..." ask you for the bigger reason. Tell me about this week in Wall Street five in a row that is that's a that's a good record we haven't seen this sort of finish but the nasdaq "...

[0:59]..." their expectations by a little bit. And no local we've got an analog devices they double the first quarter profits -- They've got a lot of that was due to some of the gains and a couple of businesses and economic front we've got this Thursday weekly job pulling numbers out they sell again down 9000 in terms of the new jobless claims so that's the -- and about a month and has more good news on the jobs side. And that really weren't a little bit is simple we took the Wall Street Journal this morning the front cover again is back in the minds of worry about inflation from those CPI inflation numbers just that now they're talking stagflation and we haven't -- that a long time but. This morning the markets don't care about stagflation in the at least for the moment because this could be futures -- We get to -- 48 that Netflix up eighteen and after a low oil prices -- a little bits around ninety dollars and a gold will fly to get -- and pointed -- almost ninety you know. "...

[2:23]..." Let's go back to that word you just use stagflation. "...

[2:31]..." you really kind of seen that problem and I was at a high school so much that was really where I was -- equipment I. What we're looking at this. Stagnant economy. And runaway inflation and "...

[2:09]..." weeks ago. They actually that would happen their business in the new digital technology -- the film stock but the red again because now they want to make a printer. That costs more to that ought to make more money on the particular hardware but left on the cartridges attack by the Chinese. Well in my Hewlett Packard machines more it's always in the north but it looks like they want to take on Hewlett Packard along with the amount that can't in the nets and -- lexmark that the world would but the tallest of the -- "...

[0:07]..." the word this morning David good morning lots of -- in on Wall Street. "...

[0:12]..." Lot of popular has -- ought to talk on Wall Street but today we've got -- also in the treasury secretary is going to be out in the speech trail as well as the Ben Bernanke there's a number that's deadheads are going to be they're talking so revered about interest rates and probably the strength of the economy the dollar trade probably get a little bit more scolding him worry about. There's some "...