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[2:55] ..." so I guess it was going to keep up. I'm Morgan Stanley downgraded the electronics group brought stocks like Philips electronics is this season. Disappointments on Verizon are like Hewlett-Packard Dubai and companies in the way they put on the 360 million dollars to -- data storage company left and networks. -- we determination to get some jobs and financial so we're starting to see those -- continued UBS is laying off about. 1900 people and investment banking area so there's not a lot of appetite for that these days. And the local Boston scientific and closely -- difference this morning is they they don't see them doing well -- the competition. And having a bit of"...
[0:00]" Time per hour before the bell stock report WBZ financial editor J crew shows in this morning hi David -- and -- the bell Atlantic Ocean -- does that for the US senate tonight the financial bailout package where you're going --"
[0:14]" Run run the one with congress was there was so little also led to episode looks to be hopefully happen tonight from this rescue bill that you know proposal -- pressure but the -- that gets six used to prove themselves -- about a sort of in the coming up for election over the next 34 days so. I think got less pressure to get elected this and it failed bid by their brother and congress are going to making this such. A little bit more long term thinking and maybe a little bit more motivated groups so it is their version not congress' persons are there a lot of things that are similar like gets. Executive pay and and helping homeowners and find those bonds and in ownership by the government and then of course -- going to run the show and and where's the oversight and that's really question coming up but. They're also throwing in some other stuff they are bumping up the FDIC insurance coverage to. 250000. Dollars from 100000 that's going to help small businesses that don't -- more than a 100000 dollars liquid to kind of run those businesses. What I don't like as -- he sees in these crazy add -- like there are alternative energy in childcare credits that they may be good the problem is is that what we're seeing music is kind of sausage made the legislation's thousand mister tech and -- worries me a little bit itself. It's going to be looking -- again and in the bottom line is I do think something will be done here I think the market's -- I certainly think it you know people. Don't know whether they want to put into the market monitor expecting it so -- we'll see what happened there. This -- markets -- the slogan we and the nicest 485 reality for the minus 77 the day before some get more than half back this morning -- a little bit ago on S&P is down and I don't futures down 81 aspect any team get doubled on a couple of books and I and you -- so incredible capacity to dip."
[1:51]" And I knew what else and you -- jobs numbers."
[1:54]" You haven't had been on legislative and certainly the major attention that for the rest of the week is again packaged together and then he would get -- that you don't -- them economy business and we've got the job numbers coming up on Friday so we get -- which it GDP report. And this year only about 8000 jobs lost so that's much less than the estimate that 65000. Coming up and then 37000. What we have in August so they have tended to be higher on -- guesstimate source of the government this year so. Will see that proves also we're going to get a little bit more from -- manpower coming up to see what they think about things is worth. Now over the 6% unemployment is what that the numbers Lester but if you look at most of the economist. -- pulling things out there right now but what they're expecting about a 100000 dollar tumbled 200000 dollars and job loss."
[2:40]" Already do we do you talk about stocks."
[2:42]" Yes please it's important. That little space to build the business that the opinion coming up today the minister coming around and look at things. ExxonMobil got an upgrade this morning from -- is as they seek them under valuation there so I guess it was going to keep up. I'm Morgan Stanley downgraded the electronics group brought stocks like Philips electronics is this season. Disappointments on Verizon are like Hewlett-Packard Dubai and companies in the way they put on the 360 million dollars to -- data storage company left and networks. -- we determination to get some jobs and financial so we're starting to see those -- continued UBS is laying off about. 1900 people and investment banking area so there's not a lot of appetite for that these days. And the local Boston scientific and closely -- difference this morning is they they don't see them doing well -- the competition. And having a bit of a problem market into the market into companions -- so that's a little tricky."
[3:32]" Hi David -- cranky."
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