markrks s argiving you trading vironment, you have toto u those trades u uesess u truly have t thawawaen buffett five yes and you can't stare e t the market every dayay. >> there's n notngngosy about th - -- >> absolutelel here's anonoerer sry we're following for you afteter ururs. it was reporord d bere that mcgrawaw hl.l. business weeeemamay ly fetch a nonomil l llar, which would be less than an actual l gagazi. >> it goes a alo w wh them, i gus.s. >>>> rht, because of the long, long recororofof dt obligations thcocoany has. would you buy thisis i canceled my subscrcriponon personallyly, o offse, mcgrgr h hil bubusissssek, it was not timely anymore. 's's n a timely -- >>hehedon't feature like a "fast monene r rec in businessweweekththwise -- >>>> t i intesting thing about mcgraw-hill, their bond d rangng business, , whh h isnder a lililele b of pressure. >>igig. tebobos may be looking good.d. >> undnder l ltle bit of esessu, as well. ananyw, moving on. >>>> ming on here. time now for your earningsgs ee. today's surgrge g golan led a financial-fuelellemamaet rally, buwiwillomorrow's ear

ifif tt t coinues that trend, w is itoioingo come through in t theururncy markrks?s? >> i thinkk the case ofof sterling, let's s no forgetet, have seen spectacular lly of late, paicicarly when you lolok at euro/sterlrlin hding down from march, t 94 lels down towards 84.80. so obviously, even t ts rally, if we see the g gre shoots now rnrng bit more dryy and certainly b beses the production data, alsoo the cments omom t british c cmbmberf xherz pointed in these direction, butt serm b e e economy is nonot getting out -- i wouould expect thatate will see a bitt of profit tan in the c casofof ststliling so euro/sterling risks are advised to theheppse.e. anand e e ru levels heree to lok at are probabablhe .8660 arar. if that is taken out, i will expecthe rkrket to rise.e. mimichl,l, your microphone isn'n'tompletely clear. so we'll keep it little shororte lolo,, if we cocontueue to getta ouout at suggeststshe recovery is s stainin what happens to e -- can we b bakak out of thee ras s th we have on ththajajor crcrses? what h hapnsns othe dollar? >>>> well,he dollar should be

and what did you yy 800 squaua feet s,s, markrk?the sizize o your babathomm >>>> i just tt akiki out of th rereal estate agent. why, this is over 800 square feet. that's 20 b40. >> h hf f th size of y you baththomom. >> no, nono, but about -- less an twice thesisizeff my bkk poh h fo goodness sakes.s. mean, come on. most people -- >> it't'sllllrelative. >>momost people live i a l momorehahan 0 square feet. >>yes. >> unfortunately not most peopoe in manhattan. they l le inin eit square ft. >>hahas pathetic. and bendnd the bibig tickett mes, whether you getet 8000 square feet or 0000,0 square feet likee rk's hohous there could be o one more big wave of ththe bpbpri mortgagagemess. after that i i you are willing o sail n,n, may beime to kk tor ththhome ililde. all thatatomomin up.p. >>> but first oh, trish. >> great.. both of you a a doing it now. mimi up at t the top of the hour, we've gotot a great ssho wewee going to talk a abo -8 getting s set to meetttomorrow. slugsss to the glglob financncia recessionre on their agenda. we are as

this is notcompetitive free markrk. this is a collelection carte have t tthere. >>>>ome onomis have floated the ea of taxing employer-provideded heal benets, something that wouou have a huguge impact o on middd class s americans. w do you feel about that?t? >> y you don'ttwant to tax the whole thing. no waway. there's s actually -- r rht nowe have a systetemwhere at ployerax break for providing e benefits isishe only thing that h holds most off our syste togeth. butome tax onn plans inin exces of some very high mber, that'ss okay. probabably, in one way oranothe, we'll be gradually shifting toward the s system where there is -- thisis moree of a benefef that's provided for eveverybody, rather than sometng whereome ople get gold platedlans and some people getnothing.. that's okay. i don't -- the detailsmatter enormoly. >> healalth ce expxpense is reay the biggestst issue in tms of -- in terms o the cost for buness, for consnsers. but thisis economy, as y y just saidwe're reining watchchg this economy stalled. what is goingto get thihis econonomy movi again? you sa

ththeyavava lot off time to tal becacaus w we have a stalelema h thth conditions spoportg the markrks d d e worry ababou tt head andnd s sulders break dodo and putting pressurure h himlf. could d e eitr way. noecision yet. >> whwhatbobout your de? weetet this issuance and p peoe still seem tokeke buy together ery type. betttterhahaexpected auction. i will tell y youwhat. the auctions werenen the oblem. 30 w w as pristine as yesteterd, but the job b isonone. onon agaiain, as i said every otheher weeeek you will havee 1 llion or there abouts.s. i think the big story is the yields arar higher thann t ty we yesterery,y, b the dollar is gettingmacked and down a full center a a c clo it. thth d dolr indexexss one othth reasons, thehebrbrish and th nknkofenenandnonot increasing. phed the rates up dd this continueuetoto ba story in theh ey of mamanyo o trto have a macroview w ev on microview points that t uslllly ist on trtrining oors. appppciciatit. n n lley as yoyouhave seen is a bebetiful place. ththe h hdldlin are coming outo he as we have e bemphasizing e e anhing but.. 250 plus businine

nonow,hyhyo i carebobout whether orot the oilututes market or the markrk fo my commodidity is mapulatedarar't't tse just traders bebettg g ainst each otherer an irrelevant? yeah. itis. tt not when it comes toto oil cacaus consusume u ultately end paying t t price s so you've been burned by this manipupulaon in the st. yoyoarare ing to be b burdd in ththe fufutu. nono it seems as though the n n chairman of the commodities futurereraradi commissssnn t tad ababtt speculative l lims mning tural gas. there by a etf, theung. wheree there's a phyhycacal prot toutut some rurule in. ththat e eouraging but i have to tell you, david to t t industry's goliathth. i don't see howw d dav can win this round. i would lolo r rea regulatition tu the oil futures maetet, givevedidid portance of oo, in a r rll rket rhehe than a place f forpeculators outut betr outid each otheher. i'llllake sureouou know thee ututh. i'm confidedent that the exchan traderniversity complex will beat back any aememptto regulate the industrtry. ththeye too big and they're mo poporfrfulhan the goverernmttand ver yet been feated. e

isis ts s a me to make changes without making the misistakef f playing catctch- i in day's markrk?? >> i had a meeeetingodod with a good friend of mine anand w wer going overerhehe pition of the bas,s,hich happens to be my y favorite going into o rnrnin season. huhuntinononank, if were alallod, not to double down,n, triple down. cocoany vastly improved, i it' out of the woodsdsdodoesot need pipita what you're seeieingenendls profit t tining a bank that us t tbe bad and is now tter. lucy, , i wod d y some. thmarket has changed. withthout rereob creation, the president's s enendaill continue to drag this market t down why not tell t the dn n uth. i don't care what pepelele s. j jobs 401(k), 529, i.r.a. >>> cocomingp,p,hat's your way tolay the climate changegeilill pushing its waway thugug washingtonon? cramer's doing elelectc c toind u u annergy play that could connect t you s se "mad money." >>plplus- >> even i amam cometety stunned anand trtrag by the phoneyness of this oil futures mamarket w whas next for oil tradingng get cramamer t takon speculation onhe street on the outragege o

think emc is going to markrk time on this. bubut will tell you this, stacy -- if g golanan shs is right with the call thahahahardre and softwarere a g goi to return to normal spending levels, , tenology budgets increase inin thsecond half, your $12.2. i is going to go to 1 15. i want you to hold o on i i t't's to judith in new yorkrk right now. judith?? >>> boo-yah, jim. 's an honor to speak t tyoyou. >> samame y y, judith. wh's's oyour mind? >> caller: i wonder ifif y w wou give us an update onon t t th mid d baet? hold or tatakerorofi? >> n no,o.o. should have tatan n so profits up a at %.%. let the restst r.. i got to tell l u u sothing, i was s rkrkinon tech, amd, on secocondtor. ononelelast. these stocks have cocomeowown again. it is time to o gebaba in. >> b buybubuy,uy. >> the respect play y ofofof t ineaeang need for cyber curity. the homework. i think you'll l le e ar. arcsight.. i know, with headlinin l lik this, i want t to ararmaking sosomeononey >>> coming u up,ththe ghtning rorod,d," amer takes call after call to

si w wit regret meme closer t o the markrk. officials woulul't't s if any diiplinary action was taken. ththeeaeach has worked with children for 22 years. hehe ss he likes t to mix humum into h his t teaing style. did he cross the line? i i n'n't ow. you tetell m lelet k knowhat you ththi. ititr.msnbc.com. >>>>tamron, i it almost 4:00 on the east cot.t. 10:00 ro whererresent obama jujust wpppp up the 8 summitit. this t tppoverseas comomgg as his domestic priorityy hit some speed bumps back home. wewel have moreof that. plus, one torerepuican calls a cat ght. whwhat exexactlisisoing on betwn decrats and the cia? >>> and a s shking storyutut chchago. hundreredsff bodiesugug up at metery to make r romom for o ote bodies in morbid oney-making sche.. you're watchchinmsmsnb introducing one e a da women's 2o. the first compmptete wen's multivititaminn n drink mix. wiwi m morcalcium and vitatamin .... toto sport bone anand brststealth... whilheheing you hydrate. onona day women's 2o. refreshingly heaeahyhy. and albacore tuna, crarab,ala

(groans) lolot people are gonna be kicking themselves r r not ying in this markrk. om) visit remax.com you can see all the listgs in thousands of cities and towns. where dodo you wananto be? to beingng ae e manage your d diatetes operly. itit'serery portant for memeo o uh check my blood sugarar fore i go on stage. bebeinon when i'm feelining ww can be like a roercoaster. itit ds at times feel like mymy byy is t tlilinge to do one thing... an my mind, my heart iselelli me to do sometetngng ee. maging my highs and wss super important. wiwithy contour meter i i capersonalize my high/h/loetettis so it reallylyoeoes micromanage e erere blood sugar needs to b be. i'm nickck jasas a never slowing g wnwn is m my mpmplein. l want to run yourur businesses more effificiently, so wewe've ght in a team of f experts help. one ggtion is to make your spping more efficient wh h priority maiflatate boxes from theosl service. ca o or gonline for a free supupply and to $160 in offers from uthorized postage vendor shipng's a hassle! weighi every box... actually, with flat t rate box y d't need to weigh anh

>> matthew,how's t the local markrk?? us theplay. i had dininne with dololly lent rere in new york k city. >>>> nee dropper. hehe's so famous. shshe'here all the time. she tnknks new york in trouble anddhe thinks there's still bigg problemsms herere. let t me a askyoyo your l loc maet. where are e yoyo chicago?o? >> yeyeah m inchicago. what's it doing ininchicagag take me thrououghhe ci.. 'r'retalking million dollars. let's go thugug northmichigan the lake. whwh's that like? >>>>orore downtown n chagago mamarks,s,hey're theeast hard-hit. ababoua yeargogo i was o on the ow and i said i dndn't think they were hit.t. they'r're stst starting to t ta hit. i saww a foreclosure e in one o the nicest b buiinin in chicago in the parkk hyatt tower a few months ago. wetarting to seetrtres in the lesseieiborhoods. >>owow aut t buburb >> as yget fthther outrom e e core, andnd the sameme thin with suburbrb the worse i it et. if you'ree in thehe highgh end rtrtshore suburbs, kind o o clclostotohe city, onong the ma t tnsit, it's bad but notot ththa

this is markrk whh broadview security. is everythining ayay no. someone justst tried to break in.n help right now. thank you. (ann) brink's home sitis now broadvieiew cucuri. ca n n to install the stdard system for just $ $.. the provenen thnhnoly of a broaoaieiew curity system devers rapid response from highly trained profefessnanas 2424ouours day. call now to geget e $99 installatiti,, plus a sececond keyp installed fr and, you could save up20 on yououmeowr's insurance. call now -ndnd get the system ininstallefor just $99. broadview curity for your h home business - the next generatation of brink's home security. call now. it relieves seven symptoms. new sine totality multsymptom. now reduce the red; bae the dry d gr; othe the itch, irritated burning and watery. visine totali. nother drop does mor > all right, we areust a few day da away from the confirmatio hearings for the president's supreme court nominee. >> ande'll get anaia of how the hearings will be apprched. joining us now pete williams. set it up fore, how be wmakers going to approach here? at kind of ammunition do the

markrk ptter joioinse with thehe test. this i is a heartrtbreakingstor. wh's the lattest?: a h horribl stor tamron. ininvestigors say thehave foundhe van t one thhey believe was s spotted on vividep entering a and leadi the crime scene. thth are also talking g to two persononof interestst, but they also sayay the one pers ey cannot answer is why were these crimes committed. at the escambibia county sherifs office, deputies escorteone the persons of intest from the ofce after q qestiong him. they believe t they're getting clos to solvining the casese >> the dam has brok >> reporter: officials sayy teir big brk came wen a t t line caller to them whererehey could find the red vanan that seen by a home surity camera at the murder sscene. >> once weocated the van, develolod a address s of where the n was registered t interviews with a associad frfriends anfamily then le us to two psons of interest. >> reporter: on the e videotape cameras captured the van approaching the housee satday just b before 7:00.0. it can be seen laving t the house, just five minutes ter. >>>> i will sha

mang south carolininovovnor markrk sanford's ramblinin admission of having g a mistres a argtiti sound shakespearean in its organizationndnd cadence. on friday, gernor palin drdropng the bombshell she would be leaving the offffic before te end of the montnth. that she would n n be runnnnin for re-election. l of this informrmatnn coming ly aftershe had undry listed all of heher rprpord acacmpmpli. s as governonor d d mplained abt t th nmerous ethihic complaints t thahahaveeen lodged aiainsher. >> over t te past nine months, have been accusedd of all sosort of frivolous ethics viations susu a as holding a fish in a a photographph owewearg a ckcket with a a lo on it, and answering reporters questions. everer one of these, ouough all 15 of the ethicscsomomplnts have been dismissed. wewe he won. t t hasn't been cheap. to and i, w we' lookikingt mo t tha$500,000 in l lal billss j ju in in order to set the record straighght. >> record purpororteyy raraigened, let the dead fish analogies commence.. i think a problem in our untry today is a think. ititououlde apathetic kind off hunkererowown d

sales at the high-end deparartmt chain slslpeped 4.4% b t the markrk w wasxpectation a m mh lalarg near 12% drop. alalts sayor retailers it wot be enough to continunu cutting costsoioi foforwd,d, so pursuing m msures on the e co sidedeikike renegotiating g re a titighr ientory controls won't be enonoug to h hpp iestor optimimism instead the retailers ndd to show sales improveveme.. that's's gngng tomome wn to the ste e the cononsur.r. most impmptatant, they n nee to feel m mor secure about t tir job, thr popofofoli and the lue of their he,e, cott. anandntil that's all working, they're not going to o pu a lot of discretiononardodoars to work. backckvever you. >> okay,y, rerebea,a, tnks so much. t t also mentition that in tht next houour o o "the clososinbe we're going to digig a littttle deer into what the ututok is fofor ck to schoolsales.s. can you already believeve it? the summer is not even or yet and wewe'ralalrey looking toward back to chchl. t t les dive moreininto the markets today withth bob p plik anand alec young. bob eehief mortgage strategist with bondnd y yng papartrs. and

a check o o marketets, f futesee beenenrerett positive as the markrks s arnd the world trying toebeboussions. the e ft i itrying to come back from six straightt days dodown oil l reboundingg afterosing 18% from the akak of thehear. omomow jones futures,,we're up about 20 popoin.. lateter today wee will get jojobls s clms, probably the biggest number. chain ststor sales a are trickling in and b bk o england left interesest tetes unchanged. 'r'rhanging with jim reynolds from loop ccapalal o one of t t closest people w we talkoo from e obama admininisatatio there's sosoucuch scussion right now, jim,about the second stimulus package. karl rove with a pieiece out today. and o othnecdotal evidence about how the money ha bnn speneninin rural areas, n not u eaeas. going toistricts heavily f the e prididt. does he e ne t come h heend defend i it? >> i wouldn't gogo tt t fa andayay that. i think aot ofhediscussion on the imulus, the currentnt stulul, is a h heahyhy didiusussi. it's a goodd d dcussion. particularly in lighghofof wt's going on i in e e onomy right w.w. i think the p pac theyinindi

the markrk w wasricing a depression a c cplple months ago. now w eyey'r pricing a ression. but still, we believee it's a b o o rly toststep back inin china after ththe market went up 60% three momohs. so we e woddait a a couple of mohs before entering the mamark.. plus, we havave watch the social u unrtt and whats s happening in t t r resof the countrtry. paul, it's ross here. despite thefafactwewe just s sa recession is over, you remain defense tive on your sttetegy recession is ver, butouou d't want too invest in ttt story. why? >>>> sorry, whwhat sty? >>>>you have a defensive positin with your pporololio >> s,s, because we are cautious. it's goioingoo take some time fr this the r recerer to s in.n. so in the next twtwo quartrter have linedup our portfololss defensnselely. but we have ouour c cor portfolo andurur satellite portfolio.o. and our c chi p posioio are part of o oursasateite poportlilio. the if you'reotot going to g gon there in the nextxt 12 monthshsu coululd ssss the boat again. i think wewe cldldee the index at arounund 4,000,500 pnds wiwith 1 12 monththss t

this is markrk whh broadview security. is everythining ayay no. someone justst tried to break in.din help right now. thank you. (anner) brink's homeecury is now broadvdviesesecuty. ca n n to install the stdard system for just $ $.. the provenen thnhnoly of a broaoaieiew curity system devers rapid response from highly trained profefessnanas 2424ouours day. call now to geget e $99 installatiti,, plus a sececond keyp installed fr. and, you could save up t20% on your r meownes insurance. call now -ndnd gethe system ininstalfor just $99. broaiew security for your h home or business - the next generatation of brink's home security. call now. i run my own busininess. 's tough. some days this plalace g a little out of cocontrol. getting clies the door and keeping them off the floor, it is a ttttle stressful. and stress d defense fh oil. nature made heart all the benefitsf sh oil with super strengt omega-3 epa, which may y protect t ur het against some of e e risk of stress caused by y mood y,ife's an adventur r rig? announcer: ararre about new heart and stress d defense fh oil at naturema

crcritit collapse and thehe tnsnsion to ththe xtxt cycle and we'rerealag about nextustainable bulull markrk expansion. you asasurhaha i in years. these arar seculul chahangake us taking p pcece right now. get more of a s sshshin view wh w wcome back. >> was mike hollandoing to me on eventualally he's gototisis w wk cutt t for him. >>t's disappopoinngng news that wewe'rhearing this mmning, b maybe aa rliliic ououtlk, oo. >>> if you have anyny c comnts ququesononabout anything we've been talking a abo this morning, e-mail us at s squk@k@cn.com. welcome to progrereivive.m. yomumu be looking for momorcrcyc insurance. thanks. so is r r bi insurance.ou're good. alththe verage you need atat g gre price. hold on, cowboboy. cool. i'm not done - - r less than a dollar a a mthth you also get 24/77roroside as. rit on. yeahah,vrvroovroom! sounds like you rann 500. more like a 9090v-v-tw. exexcu me. we, , u're excused. the right insurancee for. now, that's prrereive. call or clclictotoda knowowhahat nnectivity is about t rehihi further, together, we're e heining shape the exchananngng wld. nyse eurononex