the business is growing fantastically, getting closer and closer to profitability and marketse, no area in the hotter than sovereign service, and workday is particularly focused on human resource. per share, adjusted at two cents, compared to the analysts who got it wrong. this company is doing well. you, cory johnson. meanwhile, the m&a barrage continues with today's time warner cable deal with a whopping $55 billion, $199 per share. big share and charter can -- chartered medication. let's take a quick look. scarlet: i know you were going right there. that's interesting, too, because time warner had seen some ball the movements after the comcast deal did not go through. you wonder if this is a burst of activity before the air goes out of the bubble. i always think of 2007. there's all of this dealmaking and investors reaching after high after high after high. joe: i think it's one of these m&a,s where when you see it seems like there are deals all the time and that can signal the bullishness in the market, reaching higher levels. but i think it is also dangerous to draw lines between t

french, german and situation marketsal rallied to close with gains above 2%. also a boost with news of the victory. and on its overnight peak the pound reached a high of $1.55. the fight over austerity and mr. cameron wants a balanced budget without new taxes. in the couldland, the snp land put it back on the table. snp is also deeply opposed to issues of austerity. and most significant of all, the referendum on britain's future in the e.u. looks inevitable. you might remember prime minister david cameron promised to renegotiate the position with the e. u. . let's bring in cnn political distributor robin oakley for some analysis. robin, good day to you. so that referendum vote, it is slated for no earlier than 2017, but could it come earlier? >> i don't think it will come earlier, george, because there have got to be negotiations with 27 countries within europe and the president about the changes that they'd like to see in the european union before he makes his recommendation to the british people about whether they should vote in or out. i don't think we'll s

. >> interested in marketses valley. >> you have 30 seconds to tell viewers why we have whiplash. >>rlier in the day a lot of reason to be very concerned right now. you have central banks around the world acting extremely aggressively and my fear stuart is that we are looking right now at an asset bubble in stocks. and it is something that has been building up as a result of the fed and as a result of banks around the world at at some point people are going to wake up to realize that, at some point could be a ways away. >> calling for a crash? >> not yet. no i kind of feel these things believe me. wait i felt it a long time before. but i'm not calling for a crash. i do think there are some serious, serious fundamental problems out there and things central banks cannot fix. as in demand in this economy where's it coming from. how do we get it? >> you do see the do coming down from 18,000 at some point in the future? >> yeah, yeah. i absolutely do. >> my real concern is that the fed is trying everything it can, and it can't fix the fund mental lack of demand in the economy. >> what do

let's get to the marketses to call this this wednesday morning a pretty dead flat market thus far.h now what 30 points, 17899 aside we speak. the real big market news is in the price of oil 61, 53 as we speak up another buck, it is very close to a high for the year and, of course, crude oil goes up, the price of gasoline keeps on going up as well. national average is $2.63 up overall night. up 22 straights days. now snapshot of the economy america look at this. 26 million adults while that is roughly one out of every ten cannot borrow money, no credit cards more than a quarter of money save no money for emergencieses at all. i'm calling this evidence of the economic malaise under president obama. i'm not the only one. listen to what las vegas steve wynn has to say roll tape. >> the idea that america is in the grips of a great recovery is pure fiction. it is a lie, not true. >> tell me why. >> jobless recovery because recoveries are marked by the amount of real employment. and if you counting the people that have left the work force real unemployment is 15 to 20%. strong stuff. pure