Dave Caruso's

Before The Bell for 06/14/2007

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Play from 0:16[0:16] ..." a nice lead the best in the year before 2007 went. The beige book which -- about the economic activities saying they were pretty good shape so let's -- with the inflation says this morning we did get those numbers. But wholesale inflation numbers -- the PPI the producer price index they had some wild swings. We have some numbers one Gordon Moore was not good it was up nine points -- 2%"...

Play from 2:00[2:00] ..." some good news there. -- again for the premiere names on Wall Street. He came out there that's a tough comparisons to actually -- Wall Street's expectations and they were only -- 1% that I have reported an -- if you look at six. What is is that"...

Play from 0:00[0:00]" Time for our before the -- stock report WBZ financial editor J crew says in this morning hi David good morning. And some waiting for them they're here the inflation numbers."

Play from 0:09[0:09]" Yes they are here and well test -- some -- resources to lead to volatility bookings to these things. So we got a nice lead the best in the year before 2007 went. The beige book which -- about the economic activities saying they were pretty good shape so let's -- with the inflation says this morning we did get those numbers. But wholesale inflation numbers -- the PPI the producer price index they had some wild swings. We have some numbers one Gordon Moore was not good it was up nine points -- 2% it was the -- number. Because of high energy prices there actually a four point 1% in just. We can no surprises up 2% that's the market's a little -- we'd talk a little bit deeper we saw the food prices are actually down. And the number which is -- the looks I was a 22% would just. -- line with expectations and a muted -- such and it is the number of the but it keeps and I so the market that. Hard its its markets and in the certain particulars and belliard to that these inflation numbers. Okay it was more like to mediate a lot of getting food poisoning so we'll see what happens with the numbers were muted response. The numbers -- only another thing we typical street was looking at their expectations are actually pretty good -- getting through that sort of like. The annual number on this was one point 6% less than with -- 2% wanted to -- a big deal. We -- out there also are virtually unchanged though markets against the muted response distant -- Point time that I was up -- six alternate status to that simulate such in the -- about a --"

Play from 1:37[1:37]" And -- the brokers saying today."

Play from 1:39[1:39]" Still go to more quickly became it was a pretty decent numbers not so great that from bear Stearns other earnings were. Police about a third to accept charges against good will which over the top but. -- really isn't it it's an exposure to these mortgage markets and in the evidently just a little bit better but in this global Cleary -- toward business but they really kind of disappointed this morning some some good news there. -- again for the premiere names on Wall Street. He came out there that's a tough comparisons to actually -- Wall Street's expectations and they were only -- 1% that I have reported an -- if you look at six. What is is that street tends to look at these whisper numbers what -- Really think it's going to happen without -- the disappointment so 2% -- and a little bit disappointed that pencil on the last year. It's art people."

Play from 2:25[2:25]" And I David will leave it right there thanks for the up day"

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[0:14]..." inflation and when you look at the number itself is also inflation producer price index it came out and it was actually down one point 3% to a meeting of the book. No problems but then when they look at what the -- which is that court number then -- say wait a minute it was actually -- six tenths of -- percent person they actually expected to -- down seven tenths of -- percent so we know that oil prices are using a little -- we expected to be down but apparently we've had a lot of cars -- that are kind of pushing it up a little -- and that's worrying the -- little -- because we continue to talk about -- too cold -- lot of -- the numbers probably a little bit too hot to -- so I think -- pull -- Wall Street because -- the earnings that are coming out to be pretty -- this morning all -- little bit of -- A little "...

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