, you want to find alpha.iskier as well. >> no doubt, no doubt riskier. i'm glad we're having this debate because as i said to you before, i've never seen a company go from a private company to a public company without coming out a better company in terms of understanding its business and the rigor the public market process puts on them we have to recognize that a lot of growth is happening in our private markets. >> okay, but that gets to the fundamental question if you think companies do better coming through the process of becoming public, what does that say about the transparency or perhaps lack of transparency in the private markets, and at a time, i'd add, that you have black rock, t. row price, and actually public investors oftentimes now in vehicles that live in this private market space? >> well, you can't take -- you can't take a monolithic view of the private market space there are lots of people operating in the private markets who are very good at understanding how companies perform and delivering

i'm scott wapner live at the ninth annual delivering alpha summit here in new york city we're speaking with the most influential names in the investing world today. getting their best ideas in the market as well we have a big hour ahead jim chanos here. he's revealing his next big trade. cliff robbins has been crushing this market. he'll tell us how he's been doing and what you can do. joe terranova, shannon alongside me let's kick things off with leon cooperman, chairman and ceo of the omega family office. >> nice to see you >> we just welcomed a conversation on stage. you just heard the vice president who is on stage now describe the economy as booming, the stock market as near record high the fed cut interest rates yesterday. >> all makes a lot of sense. >> the administration wants even more what do you -- how do you make sense of it? >> look, japan has had negative interest rates for 3 1/2 years what has it done nothing. europe has negative interest rates. their economy is doing very poorly the vice president cited a bunch of factors, in of which on my list, consumer confidence is

. >> hey, morgan, wide ranging conversation delivering alpha about tech investing wrapping up, paneld glen hacher, and asheville williams of the florida state board. the talk focused largely on the state of the public versus private markets. cooper says any gap between the two has been narrowing >> look where valuations are today relative to three, four years ago, we used to have a bigger disconnect between public and private. what's happened, public markets have gone up, much greater parody between private and public market values it is not necessarily froth or lack of froth, there's more r h rationality. >> he sees a path to profitability for ridesharing companies. he says disney is his largest holding. the conversation honed in. >> one thing that's interesting is proportion alternate route of the remedy or crimes need to be off. you're driving down the freeway, going 68 miles per hour, getting threatened to be sent to jail. they want to break up companies. start with shouldn't we break this up, that seems to be crazy for some of the behaviors that i think are being put under the m

live at delivering alpha for more melissa. >> thanks a lot, morgan. exactly where you left off in terms of low interest rates and negative interest rates around the world. i'm joined by michael arifetti of aries management corp the firm specializes in credit, private equity and real estate michael, great to have you with us >> thanks for having me. >> private credit is really where you specialize you've seen that area really balloon because of this desire of investors to search for yield and that has been driven by these low interest rates around the world. >> yeah, i think the global hunt for yield is a long-term secular trend that's hard to ignore. if you look at interest rates globally i know that we're all talking today about negative rates but interest rates have been in secular decline for the last 25-plus years so over that time whether you look at pension funds, insurance companies, retirees, against this persistent backdrop of low rates everybody around the globe is looking for alternative ways to get yield >> so in terms of the rate of retur

we'll have more from the alpha conference later on in the show.cdw, we get you wanna be ready for whatever's next. that's why we built a portal into the future. good luck brad! and brad's in the future. uh, with vmware cloud foundation, cdw can deploy a flexible hybrid cloud solution that can scale with your needs. today and in the future, so you don't need this. wow. that sounds great. so, what happens? jerry has been stealing our lunches! no! for hybrid cloud solutions, you need vmware cloud foundation and it orchestration by cdw. people who get it. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. i was on the fence about changing from a manual to an electric toothbrush. but my hygienist said going electric could lead to way cleaner teeth. she said, get the one inspired by dentists, with a round brush head. go pro with oral-b. oral-b's gentle rounded brush head removes more plaque along the gum line. for cleaner t

there does seem to be this ongoing question of, is alpha they are? -- alpha there?ve a multifactor approach to really isolate what is esg compared to what is good earnings, good management, well governed companies, lower stock price volatility, you know. take a multifactor approach to isolate the core version of esg. what distinctions do you see between investors from different types of organizations or geographically? is there a distinction? >> there definitely is. that is why we place a third of our assets in europe. i have had the opportunity to go to some of the scandinavian countries the other day. mentality is much stronger on the impact side, wanting not only to utilize esg as a lens through which to make a better investment decision, but really to drive impact and drive change with capital. in the u.s., you do see that. there are certain states where you see that more predominantly than others. then it really gets into investors pacific release in values. we want to take more of a defenseman approach -- divestment approach. nejra: great to have you on the sh

of course, delivering alpha. the big story today, a number of heavy hitters at the investor's summit a pretty good discussion about the nature of our capital markets these days >> yeah, i mean, look, one of the things we are all trying to figure out is in relation what's going on with the fed, what's going on with business as a force of change. that's something that andrew is bringing up. >> bring up at the business roundtable which is very interesting. it's a month or so already >> right >> things have securities & exchange commissioned. i'm curious to hear what mr. claytop had to say. >> that's what people buzz with me to figure out i dare to say this non-earnings, the term i'm using is greenwash how much is greenwash and how much is actual green what can ceos get away with in order to not hurt earnings and still fulfill the role of a modern ceo i think it's fascinating it's what people get to when they go to a place like this. >> carl, the changing face of capitalism we talked about a lot on the show or in ter

steveias o and dan nathan and guy adami from our own delivering alpha conference. says she is short grub hub the desk debates then tesla's model three wins a top safety rating after the crash score but is now a safe time to get into the stock the traders take the wheel on this microsoft breaking out its growth, maybe value whatever it is i

to anyone take a dip in the ice each alpha's generally has a field so the water the naval base of the hot coals will be infused with something broken down. to feel lucky at some point because dishes of coffee scrub salts or honey will around the sauna will become a hive of activity as people slobber their bodies from top to toe with honey sweaty honey and alpha is met by a sort of milestone they keep order in the sauna do the laying on the floor of the hall and pull towel down to walk the whole terror into every corner of the. session in the nude if it's not we are used to. but don't know it till you tried it . i will leave you with some classic images by the late peter lind bag is from his 3rd and now legendary 2700 to rally calendar and joy and all the best until next time. busy busy busy busy to. busy move. cutting the food good. luck. europe. what unites. what defines. the funniest looks trudging the tourists what binds the continent to cut the fat answers and stories of plunging the flood. spotlight on people. 30 minutes on d w. entered the conflict zone confronting the powerful

to anyone who takes a dip in the ice each alpha's generally has a soul the water may leave the hot coals will be infused to some coconut in the philadelphia at some point the dishes of cookies rub salt or honey will be around the stone or will become a hive of activity as people slobber their bodies from top to toe with honey sweaty honey and alphas is met by a sort of monster they keep order in the sauna do them a full double importance how will dogs to walk the horse have every corner of the room. and on the last what session in the news it is not we are used to. but don't knock it till you've tried it. ok i will leave you with some classic images by the late peter lind bag is from his 3rd and now legendary 2700 for rally calendar and joy and all the best until next time. busy busy ready busy busy i'm. going. to. enter the conflict zone confronting the powerful my guest this week outside the capital of time paying is cho she was seeking the nomination of his fro beijing party for the coming time as china pushes with increasing urgency from reunification on the timeline east continue to

so that women at all so among the animal population that has sex and reproducing with the alpha male.so all of these meals including human beings for them to be sexual with and reproduce with. they are almost always attracted but to get the biggest rack and with that sense of purpose becomes the alpha male into reproduce and be attracted and now you have the elk with the biggest rack he loses 33 percent so immediately has to get rid of it or he is highly likely to die if the winter comes too isoon and cannot replenish all of those nutrients. so that is the story ofst masculinity when the purpose is to be the alpha male that the weaknesses the faÇade of the strength. >> but that rack was the weakness but it was functional to achieve the purpose to create the next generation. >> adhd is on the increase and probably over recognized in males. and so now we say what we should be saying and that they did research control and that does it take away from the trial monday from the trial toe study but that was more functional than each minute studying for a test. that is much more true for boys

to anyone who takes a dip in the ice each alpha's generally has a theme so the water naval base of the hot coals will be infused with something coconut that if i'm lucky at some point because dishes of coffee scrub so all honey will be around the sauna will become a hive of activity as people slav about bodies from top to toe with honey sweaty honey and alphas is met by a sort of moscow thank you order in the sauna do them a full circle in full towel down to walk the whole terrace at every corner for. an almost session in the nude if it's not we are used to. but don't know it till you've tried it. ok i will leave you with some classic images by the late peter lynch bag is from his 3rd and now legendary 2700 ferrari calendar and joy and all the best until next time. busy busy busy busy busy you're a. what unites. what divides. the funny books the driving force. what binds the continent together. the dancers and stories of climb trees a. spotlight on people. 30 minutes on d w. entered the conflict zone confronting the powerful i guess this week outside the capital of time paying is cho s

anyone who takes a dip in the ice beach alpha's generally hasn't seen the water and they the day of the hot coals will be infused something broken up. to feel lucky at some point the dishes of salt or honey will be on the ground the sauna will become a hive of activity as people slava their bodies from top to toe with honey sweaty honey and alphas was met by a sort of order in the sauna to the ladies i'm full board in full tumble down to walk the whole staircase to every corner of the. session in the nude it is not we are used to. but don't knock it till you've tried it. ok i will leave you with some classic images by the late peter lind bag is from his 3rd and now legendary 2700 for rally calendar and joy and all the best until next time. busy busy ready busy busy i'm going to. come up. sure of. what unites. what divides. the money the driving force. what binds the content together. the answers and stories aplenty. spotlight on people. 30 minutes on d w. o. the stumbling tyisha the entire screams of journalists or didn't. they killed many civilians. come including my father. i was a st

a disease if you get this disease and you become deathly allergic to meet so you get you get this alpha gall syndrome if you even touch meat you will you might get after shock i mean it's a very serious allergic reaction the irony is is that one of the drivers of climate change is the production factory farm production of meat so when i look at these systems we talked about the imperial system now while on one level creating climate change and now becoming a climate change becoming a rationale for more and more empire because of what it's going to do in terms of of destabilizing other countries and causing. climate migrations for example all of these systems in nature have an economy of their own and if you throw it off balance nature is going to find a way to collect on those debts whether it's through alpha gall syndrome or. displacing whole populations we are in a situation in which the bill is coming due and i don't think we're doing anything to figure out how we're going to balance that account no of course not because you can just print more money ok you got to go out there is rai

. >> delivering alpha.ng you, a front-row seat to conversations into powerful things like vp mike pence and remo delivering alpha still around these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the amazing services of the post office only cheaper get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again! as a principal i can tell you this. when one student gets left behind, we all get left behind. this is a problem that affects each and every one of us. together with ibm, we created a whole new kind of school called p-tech. within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. you know what's going up today? my poster. today, there are more than a hundred thousand p-tech students ar

. >> later alpha delivered we'll discuss and trade some of the best ideas from our delivering alpha conference asterday. were "worldwide exchange." we'll return right after this. e. because they need the massive capacity of 5g with ultra wideband, so more screaming, streaming, posting fans... can experience 5g all at once. this is happening in 13 stadiums all across the country. now if verizon 5g can do this for the nfl... imagine what it can do for you. for farmers here, this is our life's work. but when a recall happens, perfectly good food goes to waste. now, we've got away around that. looks good. we're on target. blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. it's used by some of the biggest retailers everywhere. a nice wedge. so more food ends up on your table, is that daddy's lettuce? yeah. and less food goes to waste. ♪ ♪ >> hi, mr. zuckerberg, how did the meeting go today what was the message today can you assure lawmakers your platform will not be manipulated ahead of the election? did you talk about breaking up facebook >> that voice, she was tryin

delivering alpha investor summit is back.is the ninth year already in new york and just getting better every year you have a big lineup of ceos, even cnbc talent floating around and no better talent than leslie picker who is joining us with a preview before. >> oh, my gsh. >> you just go just for you. >> thank you, that is so niles of you >> i have to have someone around the table like me. >> i'll be the token brian fan on six kay, delivering alpha will bring together some of the brightest minds. among those speaking, cliff robbins, glen kacher and there have baeen some whack trends for example, there are factors for inflation or for minimum stroll ti volatility but this month there was a sharp declining in the momentum factor and big rise in value. hedge funds were largely positioned in the opposite way long momentum short value. so the moves could make for a dent in their september returns. yesterday we were told what they think is the cause >> i think the trigger is likely this reversal in the ten year that we've had this

we are living in a culture that is trying to obliterate alpha males and create an alpha female.ltural message is sending to males that they are toxic and we have an outpouring of philanthropic effort, to try to promote managers. they are paid based on how many managers they promote. we are promoting you go girl managers in stem and males are being told that they are toxic and responsible for rate culture. this isn't to excuse male checking out of the economy, but we have to be very realistic. what we are creating here is a systemic culture of contempt towards male success and that has got to have an effect. >> tucker: how does this help women, in the end? >> it only helps women if you believe the idiocy that strong women can do it all. it certainly doesn't help children because children need mothers and fathers, but it seems like most females are simply involved in this crusade based on anger and resentment that they not just have to be equal, but to crush men and that is absurd. there are male virtues of chivalry, drive, risk-taking, that have given of civilization, and we are

make sure you're watching to hear what happens with the fed decision see you tomorrow with delivering alpha. now it is time for "squawk on the street." ♪ >>> good morning welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. the dow is up 9 in the past ten days fed decision at 2:00 repo squeeze quiets down new york fed operation for a second day today europe is green. uk inflation disappoints oil down as the saudis give more intel on the attacks and the president orders treasury to increase sanctions on iran road map begins with watching the fed. investors expect the second rate cut in a decade. stocks mostly lower ahead of the open. >> fedex is falling this morning. shares down in the premarket over trade worries policy uncertainty, of course, as well continuing to weigh on the delivery giant >> and right idea, wrong approach, house speaker nancy pelosi sitting down with jim you'll hear what she had to say about the president's china trade strategy as we said, a few moments ago, the president tweets, i've just instructed the se

looking for alpha, tech semiconductors, robotics.hink in terms of positioning for a hedge, gold tends to be the safe haven. we have seen a lot of flow into the gold etf's and into energy. down today but also the reduction of the saudi oil supply. i think there you got an alternative asset class as well as gold. we have seen a lot of flow into there right up because of uncertainty. it is a safe haven for investors that tend to deliver when bonds right now are returning next to nothing, 2% right now. equities in gold. kathleen: we had such a big run in the bond market as stocks traded off today. you mentioned the fed. the federal reserve is effected maybe to do another cut this year. global central banks cutting rates. is that a little bit more background for stocks now or when you look at the s&p 500, once again all-time highs, is it a necessary ingredient the federal reserve maintain an accommodative stance and maybe makes it more accommodative? sylvia: if we look at the s&p 500 now, we are hovering around all-time highs. minus the v

. >>> highlights from our delivering alpha conference and investing ideas straight ahead. >>> and big's zuckerberg meets with the president and faces tough questions from senators. highlights straight ahead as regulatory scrutiny grows in the nation's capitol second hour of "squawk box" begins right now ♪ ♪ ♪ >>> live from the beating heart of business, new york. this is "squawk box. >>> good morning, everybody. welcome back to "squawk box" here on cnbc i'm becky quick along with joe kernen joining us for the remainder of the show is paul hickey. he is co-founder of the spoke investment group let's take a look at u.s. investments for the hour we're in the green on a friday dow futures indicated up by 33 points s&p up by about 3 points, however, for the week both the dow and the s&p are on a downward cycle nasdaq is indicated up higher by 8.5. it's on its fourth week in a row potentially of gains if it continues at this pace here's what's making headlines at this hour james bullard said that the fed should cut rates aggressively since it can raise them later if necessary. bullard relea

that was announced at delivering alpha and they're down 6%. u.s. steel son pace for the largest percent drop in more than a year. the company giving a weaker than expected outlook and noted that the market conditions have softened a bit after a brief recovery of course throw in a tariff related comment here and as bob mentioned at the toch the show, data dog continues to soar it's a new stock this is its first day of trading. it's a cloud software company. they've priced their ipo at 27 and they're doing very well today. all right. now let's get a step outside with the world of money and business and go to sue for a cnbc news update >> thank you so much, brian. here's what's happening at this hour, everyone president trump is asking a federal judge to block an effort by new york prosecutors to obtain his tax returns trump's attorneys filed a lawsuit today in u.s. district court saying it is intend ed to address the significant constitutional issues they say are at stake >>> nancy pelosi unveiling a plan to lower prescription drug costs. a glooal sh

steveias o and dan nathan and guy adami from our own delivering alpha conference. billionaire investor says she is short grub hub the desk debates then tesla's model three wins a top safety rating after the crash score but is now a safe time to get into the stock the traders take the wheel on this microsoft breaking out its growth, maybe value whatever it is it's outstanding performer but a buy here and now does microsoft hold the key to new market high sns guy what do you say. >> first of all, you have to -- you know, we criticize dan on twitter. >> really. >> >> he is criticized. >> dan. >> why. >> why is he criticized on twitter. >> for being do youwers. >> but can't coined maga we can fire the graphic at the top of the show. dan does know a lot. >> the maga trade. >> yes. >> and look at the m. in maga as we know is microsoft so. >> some hat. >> on straight valuation price to earnings it's expensive look at the last quarter i mean, eps beat was significant. the revenue beat was amazing azure grew 64% year over year. operating margins 230 basis points better year

so basically a place where money has gone to die and produce negative alpha, if you will. something is wrong a couple of charts to put in context. now, marriott, the big heavy player, the biggest of that group, you know, you can draw the line so many ways. but one way, and it's not a judgment of opinion. sort of a structural fact. that's a double top. now, if i pull it back and try to figure out where on the trend line this could go going, i mean just were we to check back, check back, check back to trend, yes, that implies quite a bit lower from here. that's my thinking, that we've put in an important top. now, look at this long-term -- i mean, it's one of the biggest winners, and yet what bad setup. and so then the here and now marriott just the day-to-day chart, we know everything has tried to bounce since the august low and waffled at least, but there's not even any waffling here this thing has been unable to bounce what we know -- and let's end with this -- it's a well-defined trend, and it's a break in trend. this is a problem, and i think one wants to be very cautio

this is a visual of the sample counter that we used to look for alpha and beta contamination. it's a very sensitive detection system, and it reads out in the units that make it simple for us to analyze. we did daily q.a. checks, and each sample was counted for ten minutes. the samples were generally taken from windowsills, but some folks wanted their cabinets or hvac systems being wiped instead of windowsills. we had chain of custody forms so we were sure that that wipe went to that resident. this next slide is a little techie, so i won't get into the weeds. we wanted to be as conservative as possible to judge these wipes. the e.p.a. has oversight when they release a sight for general public use, they have a risk range for cancer, and it's 10 -4 to 10 -6. when we counted the wipe, it's a simple conversion where you count the units, and we ended up getting the same units that our detector counted out. if you were to take the e.p.a. conservative value of 1 in a million and convert it to d.p.m., for alpha contamination, for plutonium, it would have to be 40 d.p.m. for there to be

much more "fast money" right after this. >> announcer: delivering alpha, the most important investormit nine years running. strategy from leading alpha generators direct access to policy makers and government leaders on september 19th see who is calling the shots now. go to delivering alpha.com to attend this year's blockbuster event. >> you will come away with ideas that you can put to work immediately. >> plus special guest vice president mike pence talks economy and trade war paimct reserve your spot now at delivering alpha.com - [spokesman] if you've tried college but never finished, (group cheering) snhu lets you transfer up to 90 credits toward you bachelor's degree. - [woman] it doesn't matter how old you are, you can do it, you can finish. - [spokesman] finish your degree at snhu.edu >>> welcome back to "fast money. it's been a horrible no-god -- very bad foy for fedex down near inspect peppers after failing to deliver the earnings report. then the downfwrad stiefle key bank all bailing offer fedex after the poor report op amazon a foreign trade and businesses and options mar

officer with your home to alpha strangers up next one of the top. of the day. my 1st boss was a sewing machine. where i come from women are bones by this social influence and it is something as simple as learning how to write them by psychosis and. since i was a middle god i wanted to have a bicycle of my home and it took me me as to understand there's. finally they gave up invented by me on my side and returned because sewing machine sewing i suppose was more afro created for those than rising of. knowledge i want to meet those women back home full of bones by the juneteenth and social norms and informed him of old dead basic rights my name is the about of the home and i war into. south africa says its timing of stock on coal turned into something else because an abundance so law and that she would be able to put the chocolates carbon emissions . also coming up off the twin cycles boss of mozambique to see all farmers there are getting back home lifting. this is business africa. as well the energy market in south africa has always been dominating. by coal whic

now what will this level of regulatory scrutiny mean for the world of tech at large understand that alpha that has also been receiving some scrutiny from the deal a j. yes actually on monday there might be appropriate formally started by the attorney general of texas also joined by a couple of other states here in the united states also untrue trust case and the big question of those companies became too powerful almost not fully like and this is something we have to live with and that's going to continue for quite some time and we hear it more and more often from the public from regulators from politicians those companies might have become too powerful but as i said those cases they take time that the companies themselves they probably will go into appealed so that it's a development that's going to stay with us for quite some time and you'll be following it with us to there and wall street for us. germany's chancellor is on a 3 day visit to china to kick it off. for a european investment deal with beijing and an end to the u.s. china trade war meeting with chinese premier she said it's

you can blend that with true alpha, leave away from benchmark huggers who do not do much, and going intogies that are worth paying for. it is a big shift we are seeing in europe. andou follow etv flows mutual fund flows as a whole, i think this trend is able to explain a lot of what we're witnessing, which is a paradigm shift. -- you saidell me indexing will accelerate from the current level, of around 10% penetration within european wealth portfolios, to approximately 50%. my question is, i understand the momentum and the drive in the growth, but is there a concentration risk in indexation accelerating to such a level? ursula: i don't believe so. so we have read a lot about the topic as well, regulators have looked into it for the last five years, and i think every possible that has been done has had a possible outcome. the idea of diversification concentration for index products is different from active, because, again, the types of clouding effects you might find, capacity constraints, are different if not there at all. so, the short answer would be, i don't believe that is the case,

parts of africa ugandan startup hopes to change that but it's portable affordable medical equipment alpha speaks with its co-founders. pledge to hot for that story to walk in business news after in just a moment the hot malls world news of the top a bit of a good. where is home. with your family scattered across the globe. soft goods. to. turn back to the roots should government be. the shah's family from somalia living.

this is business as the underdog younger how to alpha's in berlin welcome to the u.s. china trade war escalated over the weekend with both sides slapping fresh tariffs on the other's exports and there is no deal in sight in case you've lost track here's a quick update this weekend the united states imposed levies on an additional $112000000000.00 of chinese exports while beijing is countering with tariffs on $75000000000.00 u.s. dollars in goods smart speakers headphones and shoes are among the chinese products to be more made more expensive by the new u.s. tariffs paging meanwhile will hit u.s. crude oil with a 5 percent tariff it's the 1st time or has been targeted in this dispute and this isn't the end the u.s. plans to raise existing tariffs on $250000000000.00 in chinese exports from currently $25.00 to.

you get all the latest news and information around the clock on our website that's the doctor called alpha status updates with the business africa well. they are going to.

become a hive of activity as people slav about bodies from top to toe with honey sweaty honey and alphas is met by a sort of monster they keep order in the sauna do the laying on full circle in full towel down to walk the whole terror into every corner of the room. and on the last session in the nude it is not we are used to. but don't know it till you've tried it. ok i will leave you with some classic images by the late peter lynch back is from his 3rd and now legendary 2700 for rally calendar and joy and all the best until next time. busy busy busy busy busy to move. to. los. angeles for the conflict zone confronting the powerful our guest this week outside the camp of the old time paying his cho she was seeking the nomination probe aging party the kuomintang as china pushes with increasing urgency for me unification and the taiwanese continue to reject its paula fancies party to offer conflict so few women d.w. the flow. of his style plus fun mistake of. his cheeks and. peter lynch bad one of the world's most famous fashion photographer played nobody could car train women quite my can

and cool an orderly making huge the shot what he does to anyone who takes a dip in the ice beach alpha's generally hasn't been sold the water and they the day of the hot coals will be infused with something coconut that feel lucky at some point because dishes of the scrub salt or honey on the ground this owner will become a hive of activity as people slog about bodies from top to toe with honey sweaty honey an outpost was met by a sort of muster they keep order in the sauna do they come to full circle in full tumble down to walk the whole terrace at every corner of the. session in the nude it is not where they used to. but don't knock it till you've tried it. i will leave you with some classic images by the late peter lind bag is from his 3rd and now legendary 2700 for rally calendar and joy and all the best until next time. busy ready busy busy busy including. the. center of the conflict zone confronting the powerful i guess this week outside the capital of time paying his chose she way he's seeking the nomination because he's pro beijing foxey the kuomintang as china pushes with the in

get all the latest news and information around the clock on our web site at www dot com i'm anthony alpha now thanks for watching. welcome to the book is the game here for dealing. with things to talk about the. country that's no. sleep no more. food. what's the connection between bread. and the european union dinos guild motto correspondent at the bakery john stretch this line with the rules set by the team. cuts. being recipes for success strategy that make a difference. baking bread on d.w. . away tries to find its own way after the u.s. trade ban the chinese tech giant unveiled its 1st smartphone free of google apps but just how far can it go on its own. and sharing is caring from new schoolers to bands everything is now available for rent. well take a look at the cruise behind the right sharing. it's time for business on the w m how you got to give us welcome to the program weiwei has unveiled its 1st few smartphones since the u.s. added it to a trade blacklist a chinese company has been showing off the made 30 and made 30 pro at a launch event in munich because of restrictions on u.

this is i've got with alpha's next album back of the top of the out good the 1st. i subscribe to d.w. books there's always something more in the world than a book we may be back after 5. books. carefully. suited. to begin.

the it'll be all right match up to alpha course possible to win its 1st game this season and berlin breathes a sigh of relief. in syria no mercy in germany. a surprise visit to an alleged war criminal. the confrontation was preceded by research that pushed both investigators and reporters to their limit. one criminals in germany tracking down a son's henchman. boy oh boy. oh boy. how's it feel of the world. where i come from that or that glitters is gold it's just like with chinese food it doesn't matter where i am it's a bowl with reminds me of home after decades of living in germany chinese food is one of the things i miss the most but better taking a step back i see things going to tell the difference with knowledge of many of fluids present or going a sense that it's just the other part of the war which haven't been implemented in china catch me if i'm not to china people wondering if their foot is safe to move but if i have a ride to another and most of that is this is their job a job that of them how i see it and others why i have nothing my job because i tried to do it exactly the hou

again hot alpha's how's the business opera come in just a moment and i'll be back with your world news at the top of a good. every journey begins with the 1st step and every language but the 1st word published in the book. rico is in germany to learn german why not play with him simple online on your mobile and free to sapps court t w z e learning course nikos fake german meeting. south africa's reserve bank has left interest rates on site but the decision to keep things as they are has not been welcomed by everyone. and while a launch is what could be the world's smartest 5 g. phone in munich today about its doesn't have a fighting chance on the market without access to popular apps like google maps. this is business africa. south africa's reserve bank monetary paul. the committee has left the repo rate the rate at which it lends back to other banks at 6.5 percent central bank's governor said the decision was unanimous the federal reserve also left its benchmark interest rate at 6.5 percent citing the recent u.s. fed decision it says central banks in advanced economies have provided m

we look forward to delivering alpha. rally. >> a steady response by the mechanic the market is willing at this point to buy into the fed notion that there might not be that much to do to revoke the economy. just the adjustment in rates to engineer a soft landing. some day the the next day after the meeting you never know if the response after the press conference was the the lasting one. >> but that's usually the negative reaction gets turned into a positive. >> often can you swap it either way you're right yes. >> thanks for watching that does it for "closing bell." >> "fast money" begins right now. >>> live in the nasdaq market site overlook new york city times square this is "fast money. i'm melissa lee. traders are tim seymour guy adami. u.s. home building surging to 12-year high but with uncertainty gripping the markets and recession looming could the proverbial wolf blow the house down roku sliding 14% today we explain the plot twist, the screaming wars the fed cutting rates by a quarter point with the members divi

twice in his book carrying the fire which is the best astronaut autobiography of course these were alpha males and everybody erwanted to be highest and fastt and of course he wanted to be able to walk on the moon but he was a team player and was happy to be part of the first crew. >> host: show in new york city please go ahead with your question for the author jim donovan. >> caller: good evening and welcome. i am a proud trojan alumni and special that you are discussing the moon, because the warm strong did his graduate work. with that, i will ask you i was pretty upset to learn that there isn't a celebration in washington for the public regarding the 50th anniversary of the apollo and i noticed there is a i contractor operatin posted by northrop grumman at the kennedy space center which they are dubbing as the official celebration with tickets also that our $5,000 each so i wondered your opinion about this and whether in fact the notoriety of the media and the movies that have now tarnished the historical significance has overwhelmed the original tenets of what the space program was ab

." >>> coming up, grub hub, uber, and other big take big take aways from delivering alpha.tunities in tech next. >>> and first, shares of roku, some investors turning it off on the back of a downgrade at pivotal. on pace for the worst week and ckn montceerdemb ba ia me at fidelity, we believe your money should always be working harder. that's why your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account today. of the value you'll find at fidelity. the amount of student loan debt i have i'm embarrassed to even say i felt like i was going to spend my whole adult life paying this off thanks to sofi, i can see the light at the end of the tunnel as of 12pm today, i am debt free ♪ not owing anyone anything is the best feeling in the world, i cannot stop smiling about it ♪ >>> from recession fears to yes, i am -- ipos, leslie picker joins us. >> throughout delivering alpha, a big theme was whether the public markets and ipo process specifically is working the way it should. >> if a

a new toss the ball before we have an ideal home any crude alpha she. gave money what if. i'll. never be saying anything just went on the pencils think it was a missile and nothing you mustn't even think you know it then please believe me think that he thinks leif. you know somebody i don't. know pretty. well to you know. when you say nothing. to do. just look less for the least well i guess you'll actually let myself too much in order to. justice didn't you get the. moment of truth. for the course not for muslims. because. if you didn't for. yeah just ended up. and you just didn't think. he'd kill 11 is it was just the same all. the. cells nothing. is left was frozen fish don't eat alone there is a way i missed it it's all on. just. because it was known. i do believe. and believe gold will be separation from the. dismissal if you. please one issue from hilarious she sits in the vestibule times you. believe this is the screen you can see. it's not much of. a different kind of get it didn't understand this. stupidity is a tourist town still. just one month we're going to deal wit

. >> from delivering alpha yesterday?> big hug. >> interesting to listen to. >> he recognizes there is some of the stances i take are, you know, including my regime change stance in china, that i think he thinks i'm a little too far that way. the regime change? it is coming president xi, president for life give me a break. i would make a bet that trump is in office longer than xi if the democrats don't get their act together trump over xi. did we solve that thing who is the bigger enemy, xi versus powell >> i don't think so. sure, why not, as he said on fox yesterday. why not? >> where >> powell, is powell's job safe. the president said sure, why not? >> my ex-wife has chickens you know what she is worried about, foxes you put that big combine i had on the other day, you know what happens, it takes foxes and shreds them, just shreds them like there is no tomorrow. >> that's horrible. >> why >> i like foxes. >> they eat the chickens you'll never get another egg if you listen to that we have to move on i want to make that p

and you asked above if we have an idea well many crude alpha she. was. yelling t.v. saying that he just went on was a vessel i think it was a missile and nothing human and even then i think it. me and believe me. you know somebody i don't. know pretty. well to you know. when you say nothing. to do. just look less for the well i just do much wave let myself too much in order to. just distance you. i don't know what it. is the moment it's roots. of course not more money losing stuff. because. if you didn't fall over. yet just ended. and you didn't need to keep the 11 incident was the same all. the. cells nothing. is left was frozen fish don't eat alone there is a guy missed it it's all on. his mind. because he was known. to believe. and believe polls will be federation. dismissal to make you thirsty. to leave one issue for them to live she says it's the. very few times you come up with a. missile to screen you can see this is really. not much of. a different kind of get it didn't understand. the stupidity of these 2 wires around here while my just one new month plan to