danaher and fortiv. first this is a big improvement.ou heard the description of the two businesses, right? you have to believe that's a mish-mash of industrial and nonindustrial businesses. they didn't really belong. the new one is a life sciences company with a water quality kicker and, boy, that's easy to value. all fast growing. now that the dust has settled in the break-up i'm reiterating the view that the best way to play it is to keep the new danaher which is superior to the fortiv spin off. last we heard the life science, water quality and dental businesses is the core of the new one had organic growth in the low single digits whereas fortiv both divisions saw low single digit declines. remember, the economy isn't that strong. the new danaher is a noncyclical growth company. they don't need the economy to be strong. that's a safe harbor serving end markets to do just fine regardless of the global industry. portfolio managers love it. they can sleep at night with danaher but fortiv's businesses are more cyclical and i don't know i

you got to hold on to danaher. these guys are so smart.y don't take, these guys are among the best business people in america. let's go to sid in indiana. sid? sid? sid, hit me! >> caller: jim, i hope you're well. >> i'm doing okay. i hope you are too. >> caller: i am all right. i get hives when you're not there. what's your take on teva? >> no, i want to be in allergan. let's go to douglas in texas. >> caller: hello, jim, thank you for taking my call. >> of course. >> caller: my question is, for the last ten years, i've owned a company named shipp finance international. and they pay a high dividend 12%, and they haven't missed one since. my question to you, should i stay where i'm at or buy more? >> that's a tough one. but i think it's going to come back up and the oil business is coming back. i think you have to hold on to it. let's go to phil in new jersey. >> caller: hey, jim, how are you, buddy? >> i'm good, how are you, phil? >> caller: good, a little frustrated. i hope you can help me out. i bought cracker barrel, after i bought it,

because danaher just spun off a company. i expect an announcement that they're about to use the hepatitis franchise, i know gilead doesn't like that it's down. texas instruments, quietly reliable company. tuesday's huge. this one's always a day there's too much going on. we get caterpillar first. and i bet the machinery lamaker will have some many dplimers of hope and i think europe and china are stronger than expected. maybe there's an ever so slight turn in that business. we also hear from mcdonald's, this stocks was sinking for weeks. the first from the relatively new ceo. he's got to walk a fine line. why? because sales at the company's japanese stores have been boosted by pokemon go toys. i'm not kidding. that's something that literally turned the stock around, but it won't be included in these quarterly numbers, because the promotion didn't happen in time. pokemon go is a phenomenon that won't affect the quarter that's finished. what about 3m? it seems unsustainable. i doesnn't know hwhat they coul possibly say. if you

and then we like fortive a spin out from danaher. it has money in the bank to buy stuff. >> rick, you weren't in yesterday but we were talking about the lousy two-year note action and today we had a pretty tepid five-year note action. i thought the world couldn't wait to get its hands on these high-yielding treasury securities. where did the demand go? >> well, i think there's actually a couple of interesting reasons, but i'll give you one, and i'm sure at some point the fed could use this if they need another crutch. libor, swaps, commercial paper. we've seen some rather dramatic increases. right now three-month libor at 75 basis points. is it -- the highest level in 7.25 years, the spring of '09. let's get some balance. the high water mark was almost 6%. it's at 75 basis points. but it was at 35 not that long ago. so to answer your question, i think maybe partially brexit, partially money market reform coming to a bank or institution near you in the fall is probably creating some of these anxieties, and i do think that's something

. -- danaher. it expects equipment to take a current leg down.g that a company like deere wants to hear. jonathan: i would not say it is ugly for the market, i would say it is pretty stable. a fourth straight week of gains on the s&p 500. an all-time high at the closing friday. we march on with the dax up 1.4 percentage points. so much talk about brexit anxiety. that is giving sentiment a lift across much of europe. look out for this one, the bloomberg dollar index. on wednesday, it is the fed decision. on friday it is the boj decision. .xpecting some action the stardoll story over the last couple of weeks laying into this story with brent and wti softer. w ti trading at 43 .68. brent crude around $45. we will be on top of it, about 60 minutes away from the cash open in new york city. let's look at headlines outside of the business world. overshadows the start of the democratic national convention in philadelphia. w wasserman schultz will resign at the end of the week over released e-mails. community staffers favored hillary clinton and try to un