mark: one of the standout mcdonald,s when john when he talked about scenarios, if and when labour partyone of the scenarios was that we could see a run on the pound. do you think that could happen if the labour party was to win the next election? what we see a run on the pound? governments have always likely caused mayhem in the british economy. foreign currencies can understand that as well as u and me. just a run on the pound. it is the damage with the policies that they are now talking about. what they could do to the long-term interests of the british economy. it is a long way to go. mark: what is the quick fix? is there a quick or slow fix for the conservative party right now? what would you suggest? >> i have not the slightest idea , the long-term interests of the nation and of the conservative party is to abandon brexit. yes, you ask an important question, is there a way in which this could happen? i think there is. i will not say likely. issue, whichlying is affecting american politics, european politics, including the united kingdom, is immigration. without the slightest doubt,

the redwood city mcdonald )s employee -- accused of >>> it's a difficult story to comprehend. the redwood city mcdonald's employee accused of giving birth inside a bathroom and trying to drown her baby appeared in court today the first time. the district attorney says in isn't the first time that sarah lockner has given birth inside of a bathroom. nbc bay area scott budman joins from us the mcdonald's in redwood city with the details. scott. >> reporter: raj, this is the mcdonald's where lockner gave birth while working. today while in court her neighbors talked to us about the story. 25-year-old sarah lockner was only in court a short time before her case was continued two weeks. but prior to face ago judge on charges of giving birth in this mcdonald's bathroom on september 4th be, and trying to frush the baby down the toilet, the san mateo county district attorney told reporters lockner did something similar three years ago. >> with her older child three years ago she delivered that baby in the bathroom in her own home. similar circumstances. nobody knew that she was pregnant

s&p 500. it is what it is it's up. markets go up 70% of the time. let's add competitors. put in mcdonald's of a sudden, s&p is up high r. keep going put in nike, now, mcdonald's is the piker. let's put in home depot. even better than nike. keep going trz apple l is up compared -- nothing close. now, what's interesting is this great stock has done nothing for three years, so you have the set up of the greatest stock of all time, then here and now, this is what happens if you put money on it you've got 150 grand, 11 the same thing taz chart keep going this is the real set up. amgen has done ng for three years. well defined tops at a level they are well defined. over and over and over we are sitting here yet and the presunlgts is we're going to bust out in a big way. here's long-term chart here's how i would draw the lines. then put your arrow in and think about it >> coming to life. what's your trade? >>. >> one of the reasons for that, companies like this one, which used to be great stories are less so now. they are dealing with mature drugs. this is situation where like xle and dan's trade

as the baker's union did so impressively last week at mcdonald's. macdonald ‘sy and injustice that scars our society. it's crucial for our movement to organise the lowest paid and most vulnerable workers. the tuc needs to represent all workers and the least secure have to be our priority because they need our solidarity the most. there needs for representation are the greatest. last week, i rate some of these cases at prime minister's question time. theresa may could not bring herself to article one word of condemnation of mcdonald's or sports direct. this, from a prime minister who tried to rebrand the conservatives as the workers party. it's ok. i didn't buy into it either. it's essential that we work together as a movement, trade unions and the labour party. as part of local communities to stamp out low pay and insecurity. i know it's not easy, as merry explained, i was once a trade union official and before that working in the tailors and garment workers union as ben was representing low paid garment workers, mostly women, victims of some of the most appalli

rogers pass, which is about 1,000 feet lower in elevation than mcdonald's pass-s also receiving somenow. let's talk about it a little with the national map. the snow is beginning to subside right around west yellowstone. keep in mind as we head to sections of the upper midwest into minnesota could see some strong storms roll through. kansas city, you could get some as well. again, warm temperatures for much of the country right now. keep in mind we are seeing temperatures five to ten degrees above where they should be. so we're about 2/3 of th u.s.e nchs good morning. i'm first alert meteorologist krystal klei. let's look at your forecast for today. temperatures run warmer than average, 84 for the high in center city and 83 landsdale. 82 doylestown and same for allentown. notice icon here, mix of clouds and sun but also isolated showers expected to scatter across the area. we're not talking a ton of rain, no washout forecast but a spot shower in the afternoon. trenton, you're at 82. ocean city to 79. and 81 in smyrna with some isolated showers through delaware as well. and that's a q

rogers pass, which is about 1,000 feet lower in elevation than mcdonald's pass-s also receiving somenow. let's talk about it a little with the national map. the snow is beginning to subside right around west yellowstone. keep in mind as we head to sections of the upper midwest into minnesota could see some strong storms roll through. kansas city, you could get some as well. again, warm temperatures for much of the country right now. keep in mind we are seeing temperatures five to ten degrees above where they should be. so we're about 2/3 of the u.s. th >>> and feeling a bit more like fall around the bay area this morning. 49 degrees in napa, 50s elsewhere and as we head through the afternoon, we'll see inland temperatures fairly comfortable, 70s so 80s. 60s closer to san francisco and low 70s out towards oakland. morning clouds and mist and drizzle on the coast as we go through the weekend. second half of the week, we'll see temperatures starting to warm up a little bit towards wednesday as the winds pick up and temperatures overall feel like fall over the next seven days. and that's

there's a little bit of life in some of these laggards as we heard from dom mcdonald's is giving way a little bit i'm going to remove the sgo one more. and take a look and see what we've got. now, this is over the past year. this is important. what we're starting to see here is, again, that mcdonald's is starting to go down ever so slightly, while the restaurants are starting to hook up. i'm going to bit this is going to continue to happen. let's go to the day to day charts and try to figure it out. here's mcdonald's. here's the trend line you can draw and my guess is, is that we're just going to check back, check back, check back the trend if i'm long, i want to take profits. if i'm a short seller, you could get a nice 5 to 8% selling >> one of the reasons this company has been doing so well or had been so far this year was that management was doing some important things to try to improve their operating results. specifically, they were doing a lot of refranchising, looking to cut $500 million in sga expense. they've been on track and even ahead of track to do that. the problem is there's also secular headwinds within th

shortly after giving birth.( mark ) it happened at a mcdonalds in redwood city. kron 4'shas the story. it's here at this mcdonalds on chestnut street in redwood city where 25 year old sarah lockner worked as a cashier but prosecutors say on labor day she went into a restaurant bathroom, gave birth to a son and then attempted to drown the childsotwe have evidence she tried to drown this infant, we have charged her with attempted murder with the infliction of great bodily injury on that child prosecutors say lockner complained of stomach pains throughout her shift. when she went to the bathroom, two mcdonalds employees checked on her. soti believe these two employees saved the child's life by not ignoring it but by acting on it.prosecutors say one co-worker discovered blood on the floor, and told another employee who the da says went in to discover the alleged drowning in progress sot with her hand on his back pushing him down into the toilet water. police were called, lockner was arrested, and the child who was not breathing was taken to packard children's hospital. he is

s. mcdonald's ditched the item years ago but a couple of restaurants one in ohio the other in west virginia -- >> mcdonald's has told the franchise owners to cease and desist when some mc pizza fans heard the news they traveled from canada to taste their favorite delicacy one more time. >> when we were quite young the last time we had this back home i couldn't really remember it but as soon as i opened it and saw it and smell it and tasted it, all came flooding back. >> does he like it? >> right. fans -- >> tucker is right.. they are sorry to see their favorite menu item continued the move was made to stream linemen use items at its stores. i didn't know it's exist. >> you know what i'm mad about. >> the mc rib. >> i didn't know subway had pizzas. >> the mc lobster roll. >> it was in maine. >> boston. >> that happened at mcdonald's but now it doesn't happen any more. this labor day we're taking a look at some unique jobs in the d.c. region. we'll fly high in the sky with one man who protects the food we eat. that's next. hi i'm wendy i'm bruce (both) and we are turketarians. i switched to t

its gains were capped however by a decline in the shares of mcdonald's following a downbeat research note. the nasdaq was up 22. the s&p 500 added eight. ask anyone who invests in this market and they may have a different take on stocks and where they may be headed. the same is true of well-known investors like omega advisers leon cooperman and tiger management's julian robertson, who says stocks are in a bubble. >> the market as a whole is at a historic basis, i think that's due to the fact that interest rates are so low that there's no real competition for the money, other than art and real estate. and so i think that's why the valuations are so high. >> the stock market has full valuation. that doesn't mean it's overvalued, but rather priced to appreciate earnings of 5 to 6%. >> those two investors spoke today at the delivering alpha conference presented by cnbc in new york. also in attendance was treasury secretary steven mnuchin. as tyler mathisen tells us, it was his comments that tax reform is a top priority that helped giveto >> reporter: hi, sue. delivering alpha is the foremost conclave of people in the ins

s&p foouchs. think about an ibm, 3m, mcdonald's, united health. honeywell. the truth is that irma behaved better than we'd fear and that was enough to trigger a relief rally. it doesn't matter that there were preps tens of billions of dollars in damage when the smoke clears, irma didn't live up to the height so to speak, and that boosted the markets. we have seen a mad flight into the quality of treasures last week sending -- buyers biggest worries right now are fears of a slow down and a less aggressive fed, something that could hurt bank earnings. with no disaster occurring we got a reversal today which cheered the fresher, gave birth to a bullish state of mind of course stocks run in in anticipation of the rebuild in florida. think of what sold in the endless islands of home depot and they took a hitter whenever wind damage owned by flooding it's covered by standard homeowner's insurance and it's filled with years without major national disasters. these stocks which have been in a relentless down turn which i believe shake off the rally anew that's not wh

s&p. mcdonald's, ooh, down, what, about 2.5%.gh yesterday, retreating the 157 this morning. big tech stocks, here we go. apple introducing the new iphone. it's been run up already, it's down a fraction today. facebook is down a fraction, but amazon, microsoft, alphabet, they are all up. now look at the suppliers, apple suppliers like western digital, they are up because they supply the parts for the new apple iphone, at least some of them. they're up on the apple bounce. >>> i want to get back to my editorial at the top of the hour. fox contributor steve cortez is with us now. steve, i know you listened to it. i'm saying, look, the president's putting republicans on the spot because a they've failed so far to get anything through. and he's saying to the democrats, you give me some help, and i'll give you a middle class tax cut. i say that's a good thing, and it's helping this market this morning. what say you? >> i totally concur. it's a great thing for america, it's astute politics, it's being a strategist. and by the way, he al

mcdonald's is changing drinks in happy meals but not until november. it will no longer offer minute maid apple juice. it'll feature honest kids kids s apple juice which has less sugar. >>> one 7-year-old girl's happy meal had nothing to do with mcdonald's. >> how long the family of this navy reservist had to wait to be reunited. >>> we'll share views now open to the public. >>> the backyard battles of these homeowners are going at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet, we've created access from at&t. california households with at least one resident who receives snap or ssi benefits may qualify for home internet at a discounted rate of $10 a month. no commitment, deposit, or installation fee. visit att.com/accessnow to learn more. (dog panting) another 2am stroll, huh? i'm worried. i have this medical bill. dave, you have anthem, and they have people to talk to who are empowered to help answer any question you... (dog grunting, panting) is... is he okay? real people? living and brea

. >> so allegedly, borrowed the car and s the accident itse happened about ten blocks away from here. it happened in the 2,700 block of mcdonald. the young child who was injured. the boy reported in critical but at this point, stable condition. so police believe 37 he the break in this case. they have been looking for. >>> thanks. if you shopped at whole foods, you might be the victim of a credit card data breach. it only go affected people in stores. they use a different point of sale system than the check stabs. they urge people to monitor their accounts and to contact the bank if they see anything suspicious. >> governor brown signed a bill to make it easier to build housing. he fwakd bill that will include more low income housing. one will restrict local governments from stopping construction of new units. in the meantime, the mayor of san francisco is telling some agencies to get their acts together when it comes to building more housing. he wants permit times cut in half. move it along faster. the mission bay neighborhood where construction has been just p.to abc7 news reporter has the story. >> reporter: yeah can. by si

a mcdonalds employee is accused of killing her ááminutes-old- son, but prosecutors say the method of attempted murder brings this to a whole new level.(grant) kron 4'san kerman is in redwood city... with the details... and again we want to warn you this story story is graphic and may be disturbing to some viewers... it's here at this mcdonalds on chestnut street in redwood city where 25 year old sarah lockner worked as a cashier but prosecutors say on labor day she went into a restaurant bathroom, gave birth to a son and then attempted to drown the childsotwe have evidence she tried to drown this infant, we have charged her with attempted murder with the infliction of great bodily injury on that child prosecutors say lockner complained of stomach pains throughout her shift. when she went to the bathroom, two mcdonalds employees checked on her. soti believe these two employees saved the child's life by not ignoring it but by acting on it.prosecutors say one co-worker discovered blood on the floor, and told another employee who the da says went in to discover the alleged drowning in progress sot with her hand on his back pushing him down into the toil

horrifying story a redwood city mcdonalds employee accused of killing her minutes old son, but prosecutors say the method of attempted murder brings this to a whole new level.(pam)kron 4'san kerman is live in redwood city... with the disturbing details up until labor day 25 year old sarah lockner was a cashier at the chestnut street mcdonalds in redwood city. now she sits behind bars charged with attempting to drown her newborn child.sot steve wagstaffe/san mateo county district attorney 12-22 we've had parents who have tried to kill their children, but a newborn just having been born in a bathroom stall and then try to drown that child never seen that.san mateo county district attorney steve wagstaffe says the incident happened on labor day lockner complained of stomach pains throughout her shift at mcdonalds. after going to the bathroom, an employee checked on her and found blood all over the floor.sotshe just said i'm having a heavy period but prosecutors say she was actually giving birth in the stall then another mcdonalds employee came in and discovered the unimaginable.sot the employee stood up to look above the stall and saw a newborn baby in the toilet with her

s&p 500. it is what it is it's up. markets go up 70% of the time. let's add some competitors put in mcdonald's. of a sudden that's a spiker. keep going let's put in nike. now mcdonald's is the piker. let's put in home depot. even better than nike. keep going apple. almost $1 trillion let's keep going apple is a piker compared to andrew nothing close. now what's interesting is this great stock has done nothing for three years. so you have the setup of the greatest stock of all time and then here and now -- well, i have a table here. this is what happens if you put money on -- you get 150 grand, they get 11 million. that's the same thing as the chart. let's keep going this is the real setup amgen has done nothing for three years, nothing the greatest stock of all time having been dormant looks as though it's coming to life well defined tops at a common level. you can see them they are well defined over and over and over, and we are sitting here yet again the presumption is that we are going to bust out in a big way, yes? so i'm making that bet that we're going to get a nice breakout here's the lo

s & p 500 is joining another record high. amazon, am and alphabet. investors think the company will continue to win. other stock of the day was mcdonald's. products. but it's a big winner from this gop tax plan. the news of the day was the final update on second quarter gdp. we know the headline. the initial read was 2.6%. the key components of this report show scene economy that could be on the verge of exploding in it gets the right stimulus. take a look at when some of these things did so well. you have to go back to 1998. 1957. it's amazing. what held us down. residential housing. that was a little bit better we could have done 4% last quarter. despite record highs and upticks in business investments. there is one group anying out. individual investors. bullishness plunged 7%. bearishness is at a 3 1/2 year low. millions of people keep mission out on his rally. it temperatures fine to cheer from the sidelines. but i think it's nuts to continue to miss out as all the ingredients that's justify a bull market are coming together. joining me to discuss, cox, let me ask you about the overall economy and what we are seeing whether it was t

two more trading days to go in september, the dow and s&p 500 are on pate for an eighth straight quarterly gain. mcdonald'siving the biggest boost to the dow today the transports hitting another error intra-day high we'll drill down on some of the big movers roku, stock of the day, this is up 50% on its ipo debut. also keep an eye on mccormaiccck >> we begin with washington, president trump unveiling the long-awaed tax pla promising tax cuts today house speaker paul ryan and the top economic adviser came to "squawk box" to push the plan ylan mui joins us with the latest. >> reporter: it will have to go through the sausage grinder before it can be legislation, gary cohn was very clear on cnbc the 20% corporate rate is nonnegotiable. speaker ryan was equally clear that the house is committed to hitting that number. >> look, when we polled the border adjustment from our build back in the middle of the summer, we spent the next three months rewriting the whole thing, reworking the numbers and making sure we could get to 20%, which we can, and we're very excited about that we have to stick the landing on that a

s&p 500 since the election. yesterday, shadow chancellor john mcdonald said that labour's , and you will confidence whenever this wins, there will be a run on the pound. corbyn agreed with those comments. thought we would look back and see when sterling had some big declines in history. financial crisis, and of course post-brexit. those are when we saw what we could term runs on the pound. saudi arabia will allow women to drive cars, ending its status as the only country in the world to ban half the population from getting behind the wheel. it is going to have a profound impact on vehicle demand, driving habits, and even immigration patterns in a country where low-wage immigrants from bangladesh and the philippines often work as hired drivers. francine: thank you so much. we're going to stick with that story. it did send shockwaves in the country. insurance up this morning after the kingdom clans to lift a ban on women driving, ending its status as the only country in the world to have that restriction. for more, yousef gamal el-din joins us from dubai. how much does this have to do with women driving, and how m

mcdonalds. (steve) two counties in california became the first in the country to declare themselves dreamers counties. dreamers refers to the term used to describe people brought to the u-schildren and are protected by the daca immigration program. both santa cruz and monterey counties voted to become dreamers counties yesterday. this comes about a week after the trump administration said it would end the program after six months if congress didn't act. the declaration is meant to encourage congress to make daca into law. currently more than 200-thousand people are eligible for people are eligible for protection under the daca program. (pam) coming up... two separate attacks and robberies on bart. we'll show you where it happened up ahead. (steve) plus... a city in the south bay is using new technology to get rid of graffiti in their neighborhoods . we'll explain up ahead. (pam) and... the a's landed on a site to build their new stadium... hear how fans and people living near the proposed site are responding. that is after the break. [fbi agent] you're a brave man, mr. stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. an

s got back from their summer holidays gerry coleman's reference to macdonald concerned they fast food chain the reputedly serves one percent of the entire world's population every day this week workers at mcdonald's restaurants took strike action for the first time in this country the boss of mcdonald's steve easterbrook is reported to have earned eleven point eight million pounds last year while somebody stuff and paid as little as four pounds seventy five. does the prime minister back the mcdonald's workers case for an end to zero hours contracts mcdonald's is queues in moscow falling under the gaze of a statue of the poet pushkin became a symbol of the defeat of soviet communism was not an issue to raise i'm a wanted to get involved in the issues that take place in mcdonald's is a matter for mcdonald's to deal with tourism a didn't want to talk about you about zero hour contracts whereby bosses bypass minimum wage legislation she wanted to talk about tony blair thirteen years the labor party was in government and did not . want me appears not to realise corbin had nothing to do with the labor government over those thirteen years as to coleman's charges of dishonesty made targeted the dishonest

mcdonald's fact, but i can tell you that stocks are rising. its touch and go, but oil and gas insurers are leading the advance. high close yesterday in a couple of months. sinking,searlier, the biggest decline in 15 months, marked down, squeezing profits, prompting the swedish retailer to step up investments in e-commerce. it's an expensive quest for new sources of growth. h&m planning to introduce another new rand this year after recently opening stores under the arquette name. they say they are's -- they are expanding online sales after those summer markdowns hit profit margins. shares are down by 5.5% today. even bowls are turning into bears in the bond market. the 10 year yield, the highest since february, mirroring what's happening to bond markets across the globe. we are seeing more hawkish central bank commentary here. went shortstors after keeping a long position. through much of the summer the investors boost bets that they could raise rates as soon as november with mutual global maintaining a short position, expecting the 10 year yield to surge from 1.5% to 1.6%. the 10-year gilt yields have mostd 36% this month, the since october of 2016. this is our w

that street but hold it where's mcdonald's where's where the cell tower see how it has a real sense of of being in the middle of this city from the one nine hundred twenty s. a city that mazing amazing amazing piece of work a city that has so many different identities of course and we have time actually for another clip yeah we're going to look at the i want to mention music plays a huge role in the series the music of the time and we have a clip it's set in a nightclub and it's a huge sort of musical blow a scene from early in the series what we take a look. oh . really cool stuff there so the big question now is i mean you already have to see it when can we all see it scott well if you're in europe you can see quite soon next month or thirteenth it goes out on sky here in germany in the u.k. and in italy if you're in the us will have to wait till january netflix has bought it for the u.s. and they're bringing in january scott just briefly what did you like the most about it which is a i think it's just the feel of the city is so great to have a series where you can just dive into a whole other world and this really does that you just get encapsulated in

mcdonald's helps more people go to college. it's part of our commitment to being america's best first job. ♪ (upbeat dance music) (bell ringing) it's realizing beauty doesn't stop at my chin. roc®'sto delicate skin areas. my fine lines here? visibly reduced in 4 weeks. chest, neck, and face cream from roc®. methods, not miracles.™ and it's also a story mail aabout people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you so we know how to cover almost almoanything.hing even a swing set standoff. and we covered it, july first, twenty-fifteen. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ >>> we're down here in east battery and south battery and the scene is incredible. we have people walking along the wall and it is one of the dumbest things you could be doing right now. the water has been coming over this wall for the past i would say couple of hours and it's only getting worse by the minute as high tide continues to come in. i mean i'm from the state of florida and ba

s&p has turned negative. we do have the nasdaq actually clinging to the upside by nine points. after the bell nike earnings. you have to watch for that. that's imminent. mcdonald'sd numbers of points off dow jones industrials. i want to bring in jay shaw, ceo of personal capital. half a billion assets under management. so much news today. what jumps out at you? failure of health care part deaux? is it tax reform, that is up next? or janet yellen i misread anything, if we loosen policy if inflation is lower? >> i will say janet yellen. that is the most shocking thing i heard today? >> liz: how come why? >> we're on inflation pressure that was the no the case. liz: i loved it, inflation weakness may be transitory. meaning temporary. apparently it's not for the moment. >> at least for the moment. liz: what does an investor do? >> funny you should ask. we manage people's money. we see all kind of things. you listed three. there are variety of things that happen every given day. we caution investors focus on the long haul, be diversified. use appropriate investment vehicles to satisfy a long-term investment allocation. don't overreact to any news. not door number one

mcdonald talking about wargaming. it was it in a discussion of the labour party conference. it was very much in response to questions, are we ready for government? >> back to the early 1990'ss what the run of the bound looks like. manus: you've got brexit. when you hear this -- and the bbc made quite a bit of it -- but it is obviously pressing upon their minds. the risk of an election in the u.k., what is the most manifest risk at the moment? we have had a bit of a resurgence. michael: i think the risk is somehow you get a flaring up of hard brexit. i don't really see that at the moment. that's one risk. the other is that the bank does not raise rates in november. they have often said, we are going to tighten them. they have set the course for rate increase in november. i think whether they set that up as taking back the rate cuts of last year or the beginning of a rate hiking cycle would be the next determinant, in my view, of where it goes. michael, thank you for your time. chief investment officer at credit suisse international. interestingis very in saudi arabia, a removal on the ban of women driving. it is the only country in the world to expose -- impose such restric

s&p down 18 points. the nasdaq also down by 59. the price of gold hitting a one-year high, as investors seek stability. gold futures close 1% higher at 1341 an ounce. mcdonald'sline and drink promotions are a hit with customers. credit swiss raising its same-store sales to 3.5 persz. that's it from cbs, first in business worldwide. ♪go your own way copd tries to say, "go this way." i say, "i'll go my own way" with anoro. ♪go your own way once-daily anoro contains two medicines called bronchodilators, that work together to significantly improve lung function all day and all night. anoro is not for asthma . it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪go your own way get your first prescription free a

rally stocks are mostly higher s&p 500 hitting record highs nasdaq has been digging in and out of record territory. the dow would be higher if it were not for mcdonald's. they are down 3% because they will report below consensus estimates. this cites, specifically, the storms harvey and irma we want to point out gold mman sachs up about 2% and apple holding steady as they kick off their event in cupertino let's get to brian at apple headquarters >> we heard a wave of cheers because tim cook took the stage. he is underground. you don't see anything because they are underground tim cook is on the stage there's been a lot of leaks. we have an idea as to what we might expect here is what is widely expected to be unveils here in cupertino. maybe three new iphones, one costing $1,000 a watch that could run on its own. right now, it needs a phone near it that could be stock moving and perhaps a 4k tv product. let's dig into the iphone. that's what apple investors care about. one of them could have an old l.e.d. display i don't want to get wonky. it uses less power and that means your battery lasts longer. something with augmented reality. that could be a big

mcdonald's i mentioned energy stocks started rallying just after the open there was talk from the saudi oil minister saying he's had some discussions with his peers that production stockings. finally, the s&p 500 didn't drop that much all during last week when we were concerned about the effects of irma. but on the day when the impact of irma hasn't been as big as expected, the markets rallied huge today that's another sign of the overall resilience of this market that does not want to go down. >> let's get more on today's market rally the portfolio manager with alliance global investors. the managing director and partner with ibm financial group at hightower burn, bob mentioned something very important, the s&p 500 has been very resilresilient we're three points below our record intraday high do you think this is in terms of where we are in valuation, given some of the head winds we're facing this month alone, with the fed winding down its balance sheet, with the central banks around the world potentially tapering off stimulus? with a lot of things in the hopper here? >> i think a lot of what we're finding out today is the stock market, it reminds me a little bit of raising a young chil