for my beige book, i'd make it turquoise or maybe a uniform. next time you're on -- we've created the perfect -- >> does that mean you believe it is full of myth or possibility? or hope? or dream -- what is the context there? >> unicorns are real. what are you talking about? >> i shouldn't have challenged that. >> next we'll have leprechauns on the show, too. thank you, steve. >>> your money certainly taking cues from the race for the white house. we have a new feature we're launching right now on cnbc as election day approaches, we've tapped our many sources for ideas on stocks to include both cnbc obama re-election indexes and cnbc romney indexes. here's the idea. we use stocks that would benefit from each candidate's policies. obviously theoretical but you can kind of get an idea. year to date, stocks that we have slapped in these indexes, which i'm sure are available in more depth on our website, which is very fine -- obama stocks up 7%. romney stocks just about break even. draw your own conclusions. over the course of the next few weeks, w

it is not because it is beige, but it could be the absolute beauty, no. it depends how it is done, how it is made, how it looks like. so i was like, let's say, killing the french fashion. i should say france in general. so absolute. it has to be like that. things that i did not feel like. i think it's time i was going, i felt really in love with london. i felt more freedom. when i was going there, it gave me -- [unintelligible] sending like, yes, go on to do the things you feel are good. because it is very conservative in paris. >> only you had come to san francisco. >> yes. >> i can only imagine what you would have produced. [applause] >> that is true. >> here is this good little boy who is be heading classically and is very charming and wonderful and working hard. how did you turn into a bad boy? [laughter] and tell us about the whole business of putting sexuality on the map, as it were. when you go into the exhibition here, it is still shocking to see some of the clothes which are suggesting a kind of pervert petit, never against women. you see a lot o

. >> we did read the beige book, and actually when we looked into it... into the details, into the markets where homebuilders build, the data actually... the commentary was not as positive as it was in the last beige book. >> susie: mcgrath believes new home sales will continue to grow into 2013, but she's concerned the pace of growth will slow in the months ahead. that's why she cut her ratings on homebuilders: ryland is now a "sell," d.r. horton and lennar from "buy" to "neutral," but she boosted her outlook on hovnanian from "sell" to "neutral." all of those stocks are up 60% or more year to date, but they lost 2% or more today on profit- taking. citigroup says the recovery in the housing market and more action from the fed to stimulate the economy will help stocks move higher, even if corporate profits dip. the bank now expects u.s. stocks to outperform other markets around the world through next year right now, the s&p is above 1,400. citigroup analysts say the index could hit 1615 by the end of next year. that would be up 13% from where it's at now.

earnings from alcoa and chevron are depressing and vestas and that's not even helped by the latest beige book report which showed that had ten out of twelve fed districts showed moderate growth in august and september over in europe we're also seeing a pretty gloomy mood at the close that says uncertainty. the remains of the spade and greece and in the currencies market we're seeing a drop of the dollar against the euro deepening after that beige book reports but that's actually a positive sign and the russian ruble as you can see that was stronger against both currencies the russian market was also down despite high oil prices they would take you know for that pessimism from elsewhere. and i'm afraid that's all we have time for at this hour coming up next on out so we talked to andy greenberg from forbes magazine and he says that despite the u.s. war on whistle blows truth advocacy is on the rise to say. this machine kills secrets is the title of a new book that chronicles the history and future of information leaks ranging from the pentagon papers to wiki leaks and beyond r.t. is now s

. >> they are being threatened from the religious standpoint because of the religious libertiesre beig threatened by a left -- center left president with his own agenda. but at the same time, i what you need to find is, you know, they find a home in the republican party which is, you know, pushing the individualism. the free market enterprise where they can prosper. it's the home for the african-americans and the hispanics who want to do well and not have to be reliant on government. if we keep growing and we seen under president obama more people dependent on governmen andor people on food stamps, not a positive trend for our company. >> it's an economic recession and happened over night -- >> you going back to blame it on bush type of thing. it's been four years. there's such gridlock in washington. when you don't have a president that's leading and bringing the parties together, it won't work in washington. we know this because we are here. >> we are about to be not here. that's it for this editi ofo te conary. follow me on twitter. check our website. where the discussion continues.

and the fed's latest beige book. the fed governor will speak about financial regulation at 4:30, followed by dallas fed president richard fisher speaking at the kato institute about lessons learned from europe's debt crisis. u.s. futures are pointed lower, looking to shed doubt 25 points at the hope for the dow. nasdaq and s&p going to key off a string of losses, at least based on where they're currently positioned. a long-standing legal battle with the bahrain firm over bribery allegations. the aluminum maker reported better than expected results even as sales fell below 9%. citing the slowdown in china, which the ceo discussed on cnbc's "closing bell" yesterday. >> i'm relatively optimistic on china, actually. the chinese dealership understands that the economy is slowing down. they put a program in place that's going to start now. it's probably going to take to the end of the fourth quarter to have this visibly in economic activity, but other than that, i'm pretty optimistic. >> alcoa shares were lower this mornin

#jç and i was beig dispeculiared as a person --.pz disrespected as a person who filed a bunch of lawsuitsheq it is unlawful for the mayor reelected. the feds will look into it. the ethics commission,p-ófh i rejoiced. i'm tired of fighting. your comments about medical this is a sanctuary city. and where is the mayor? speaker. >> first of all, thank you for giving mehsñ opportunity, supervisors, to present. and i would like tol[.9ç endorsd stand with our sheriff, "occupyl movement, occupy south no one coming forward because the police is against us, andzzje our freedom of cho, and speech that undery[-áot atty our federal government and our country is out of control. we need to start at a local level and start supporting our good police department, so they can protect us, our constitutional rights are so important. and this is happening all over the country. our governors, our judges, our prosecutors, our mayors, are all in bed together. they're not protecting our rights. they go to the same resorts and clubs. our system is archaic. this is happening in every part of the country, such as th

the adjacent partials in a browner beige along the illinois street and the core. again, for the cranko park i gave the commission an update in may and i will be coming back to you next month with the comments that we received from the presentation to the community about the alternative concepts developed. we are also as part of the park planning, looking at 19th street and how we introduced that as a new access way. coordinating with both bodi i, and bde, to make sure that those improvements facilitate their needs and the park and the over all ship needs and it could be a route to get to the water front site and so we are coordinating with the forest city on how the park develops, how the programming compliments the programming of their parks and open spaces and how cranko park can benefit the historic core buildings. >> and actually what is also illustrated in this, as a part of the park planning, we are looking at how to potentially reorganize the development parcels and illinois street. there may be an opportunity to reconfigure them and relocate them and again

. >> how do intelligencists beige -- how do specialists gauge? they look at it hours and days later. it's mild traumatic brain injuries that won't necessarily show up on a ct scan or an mri but damage from repeat concussions adds up especially if the brain doesn't have enough time to heal. >> if the head injury is repeated over and over again, it's going to have an impact not only on short-term but long- term basis. so it's important to pick up on that. really you need time. the basis of deciding when a person returns to this sport is when they return back to their normal state. >> the doctor also says the amount of time a person blacks out at impact and how much memory they lose, these are key indicators to how severe the concussion is. >>> a new poll is out tonight showing mitt romney ahead in the race for president. all this following last thursday's debate. according to the pew research center, 49% of likely voters are favoring romney. 45% like president obama. just last month, romney was trailing obama by 9 points and of course, as we just m

the so-called "beige book" compiles data from 12 fed districts, and it shows residential real estate improved in "all" districts in september. anecdotes from business contacts and economists noted existg home sales strengthened, while prices rose or stayed stable. suzanne pratt takes a closer look at whether the broader economy is also showing signs of strength. >> reporter: here's a shocker: the u.s. economy is growing, but only at modest pace. that's what anecdotes, not hard numbers, from the fed's regional banks suggest about the business climate. 10 of the 12 fed districts reported economic activity in september expanded modestly since the last snapshot. only new york and kansas city saw a leveling off or slowing of growth. residential real estate was the one major sweet spot, showing widespread improvement. >> we've seen a pickup in house prices, we've seen a pickup in construction activity, a little bit better demand for loans. so, it generally corroborates what we've been seeing in the economic reports on the housing market. >> reporter: conditions in the manufacturing sector

we're seeing the euro gaining against the door that's up to yesterday's positive outlook from the beige book on the ego economy in the united states and the russian ruble continues to strengthen against the kurds and that's why it's time for this i'll be back in fifty five minutes time as always thank you dimitri and coming up after a short break r.t. talks to john esposito former consultant to the u.s. state department to sky saying america's current foreign policy. well. kelly. offers an air show and an issue museum was a matter you. most of the residents never profit from the film and since you know sort of coming our signature trip there when you look up and there's one check in on you he's the alpha beta gamma he was always the final turn to try and he's let me go with out there know what's going on so you can pinpoint. the dirt right now. shells become income mortal danger and a piece of art. studio exemption directed. to him from three. of. our team. even in the autumn of the years. it's never too late to start. try extreme paragliding. been shit. or become a. old boy. more news

and the share from that finally for that and so it was that quarter and also we're waiting for the beige book report so-called based report on the state to come in the united states feeling better than the market is apples up around one cent now and moving over to europe if we can the foot sea and the dax ended the session down around half a percent that's on the back of uncertainty still remaining about what's going to happen with speight and greece and the i.m.f. cutting its growth prospects for the global economy by twenty five basis points over on the cars market the euro is barely changed versus the dollar now looking flat supposed it was kind of going up and down when some loose and the russian ruble managed to gain a bit of value against five currencies at the close and this is the closing picture for the russian the markets where they are just my six dropped around one percent despite relatively high of world prices which are above ninety two dollars per barrel this is on the back of this global gloom on the european and u.s. markets gazprom this falling for the third consecutive

right now looking downward we're also waiting for the official release of data from the fed so-called beige book on the state of economic affairs and current account balance and over here in russia will look at it in the second the first the ruble is stronger to both current things while the euro has been always flat and it's now flat. negative against the dollar and on the russian markets and they started saying we've got another fifteen minutes on the clock of your ideas my stocks are looking downward despite the fact that well not only has recovered but is actually looking positive at this hour gazprom is one of the biggest losers as investors anticipate a lower dividend on the back of the major construction projects like north st now let's take a look at this story goldman sachs has quit as an adviser to megaphones or two billion dollars initial public offering the investment bank reportedly unimpressed the plans of the company's key shareholder the show was made of who wants to place his shares in an umbrella company many see goldman sachs quitting as a blow to russia's second biggest

though as most of us are assessing what's happening in spain and greece and we're waiting for the beige book report in the united states and states with. their hands. over on the current sees market euro right now is lowered to the dollars slightly not much action going on that same as with the ruble which is actually strengthening against the last day of currencies on the back of i will. european banks may be forced to sell four and a half trillion dollars worth of assets through two thousand and thirteen that's the verdict of the international monetary fund in case your appeals to solve the union's debt crisis the figures up eighteen percent on the previous estimate earlier the european central bank president mario draghi commented committed to doing everything possible to save yours. russia's energy minister alexander ignored is meeting international investors in london right now as the country seeks to track funds to develop a challenging deposits he says russia needs one trillion dollars of total investment in the energy sector by two thousand and twelve which is thousand twenty an

the feds fed's beige book report in the economy expanded modestly from mid august to september, the residential housing market employment consumer sppnding remaining flat. meanwhile, wholesale businesses increasing stockpiles in august, sales rising for the first time in four months, inventories and half of a percent. turning back to politics, joining us live from danville kentucky, senator ron johnson, member of the senate budget and appropriations committee. strong supporter of the governor, mitt romney. good to have you with us, senator we met harry doing? >> i'm doing great. a lot riding on this debate tomorrow night. congressman ryan, he is pretty nimble on the budget. you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost impossible. he is g

the corn stalks that turn beige and the individual trees are turning color. now, on wednesday, i traveled to montgomery county elementary school and talked with these budding meteorologists. these are kindergarteners. i talked to them about different types of weather and we had a lot of fun. they have already had a unit on weather in kindergarten. i wanted to thank the teacher on the left for the invitation to talk to these terrific students in montgomery county. as we look now at the sky, we are watching, still the trees are green along the potomac river. there's the washington monument. 76 at reagan national. dew point is a dry 68. temperatures low and mid-70s across most of virginia, maryland, the bay, earn shore, the bay waters, the gorgeous blue from the blue sky. shenandoah valley, there's peak autumn color in western maryland, the high lands in east and west virginia where the temperatures are in the 60s. here's the wide view. this front is bringing the big change coming our way. behind this front, temperatures are only in the 40s from indiana up into

. ♪ lou: the vice-president smile or just beig joe, or was it something else?iews, and they will be joining us in moments with their analysis and insight. joining first, however, to the markets. stocks coming up early gains again. the dow of two and a half points, not%, points. the s&p and nasdaq down a fraction. the nasdaq of its longest losing streak in almost two months. for the week of three major indexes down more than 2% this, the worst week for the market in four months. all of this as consumer confidence unexpectedly soared. last month the highest level in five years. meanwhile, gasoline costs driving producer prices higher, up 1%. in corporate news tonight gp, wells fargo bought -- both rerting big profits. chase down more than 1 percent annabel's fargo done to nap%. personal investing courtesy of former vice president al gore. increased his net worth 50 fold from a modest 2 million to 100 million of dollars. accordinto the washington post reported all he has to do was to invest in green technology companiethat benefited from a modest two and a half bi

joining me now is president of the china beige book. leland thank you for being here.always look at the numbers with some skepticism. you put out your china beige book several days ahead when those gdp numbers released out of china. why should i believe your numbers over what the chinese government tells us? >> well, we use only independent data. one of the biggest misconceptions about the chinese economy is that the gdp number actually tells whether the chinese government is doing a good job or bad job and overviews their stewardship of the economy. the reality is that the gdp number is just a number about productivity. doesn't tell how the chinese economy is or is not growing, whether it's borrowing gdp growth in the future, or whether it's doing a healthy rebalancing. ashley: i always seem to hear from people, and it is not every six months, it is almost once a month, that this is an economy that's ready to collapse. do you hear that? >> we hear that all the time. when we put our second quarter report out that says we were seeing modest strengthening in the economy

that is not the editorial beige.lier in week there was a small flap whether or not an interview that obama did on the phone with the editorial board would be on the record or not. the white house said no. paper complained. the paper signaled they would love to reveal the interview because it was so insightful and brilliant. all of a sudden, the white house released the interview. tell me about iowa and your thoughts on carl's thoughts on the strategy. >> bob: carl's thoughts on iowa, his general thoughts, if you continue in iowa is probably right. they're good headlines for romney in the state of iowa. iowa is not a state that goes big on negatives. and so, i think that probably make sense. let's keep in mind in 2000, karl rove's strategy was to express optimism and express they were winning and had momentum. express they were way out in front. in fact, they went to california and campaigned for a couple of days. thought they were going to get 330 plus electoral votes and we know what happened in 2000. it's an old st

liz: you know the fed beige book came out yesterday, and this is the survey of 12 different regions.the fed usually doesn't get excited about anything especially over the past couple of years but the way they put it about residential real estate was this. they said residential real estate which is really your bread and butter in essence showed widespread improvement. so my question is this, what have you seen, and do you give the fed any credit for at least having done a couple of things to -- [inaudible] -- a bottom in the housing market? >> i say we've seen a couple of things in our business. we serve -- about 35% of our sales go to pros. and the other side is consumer do-it-yourselfer. and our pro business got hit particularly hard during the downturn, and we are starting now really towards the end of last year and now through this year to see our pro business recover. it is not growing as fast as the consumer business, but it is growing. which is a positive for us. liz: the trade, the portion that you do, is starting to look better, when did that start? >> it started towards the

. >> grains are beige gallon that don't taste that great.a cheap source of calories. >> how bad is a diet with gluten in it? >> in my estimation gluten is poison. >> do you think that gluten is poison? >> no. in moderation for people not sensitive to it, it's fine. >> for some it's not about the gluten at all it's just about the dough. >> it's one of the only gluten free books for children on the market. >> you follow food trends for a living. how much longer is gluten free going to last? >> from our data about two years. it's flattening out in terms of the growth rate. >> in america's never-ending quest to flatten out, that means something else will be in your cart soon. it might be healthy. or maybe it will just feel that way. >> so our taste tester. there is no difference? i have two friends with celiac who have to use this stuff. but it is all new like peanut allergies. >> no question for 1 or 2 percentage of the american public foods like this are a god send. you can have pancakes with your kids on sunday morning where before it would h

spots in the federal reserve's latest report of economic conditions around the country called the beigerealty track reports that foreclosures fell for the second month in a row. five-month low for that one. >>> first time jobless claims off by 30,000 last week. 4.5-year low on that one and the labor department says more than 3.5 million open jobs were advertised during august. the same month more than 4 million americans found work. >>> amtrak had some good news to report. the rail service carried more than 31 million passengers last year and that is the most ever dating back to amtrak's founding back in 1971. i'm tyler matheson, get all your business news on cnbc. >>> sticking with business, best buy is doing something new this morning to get your business. the retailer says starting today it will price match major internet competitors. if you see it online, just walk into any of the best buy stores and you'll get the same price. and if they're out of stock, they'll deliver it, for free. the electronic chain says there is one draw back. price matching won't be offered thanksgiving week

the beige book on retail economic conditions showed home prices improved in most areas, but consumermostly flat from august to september. fedex shares surged after the company said it plans to cut costs at its express air freight and services division. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." well, there was some politically charged moments today on capitol hill as darrell looked into the attack in benghazi that killed christopher stevens and three other americans. they have accused the the administration of giving false information in the aftermath of the attack. they characterized it as a spontaneous protest that arose over an anti-muslim film in the usa today. here is issa today. >> today the state department became the process of becoming clean about what occurred in benghazi. contrary to early assertions by the administration, let's understand, there was no protest and cameras reveal that and the state department, the fbi and others have that video. >> democrats charged the hearing itself was politically motivated