how about micron two main lines of businesses, flash and what's known as dynamic random access memory an essential component of all electronics, especially computers when i say they're commodity semi-conductor companies, what i mean is there is nothing particularly special about these chips. they're not like intel, which each product is protected by a wall of patents. theoretically, if you want to get into the flash memory business, all you really need is enough money to build a f.a.b. that's why flash and d-rams tend to be boom and bust businesses when demand for these chips take off, pricing goes through the roof and companies like western digital and micron make fortunes, but eventually new production comes online fairly quickly. prices break down. when you deal in commodities, investors are always worried about an impending boom/bust. >> sell, sell, sell, sell, sell. >> so when you see the western digital's down more than 45% from its highs in march with all-time highs for the market while micron's down more than 30% from its highs in mays, you know know the reason why i'm going t

take a look at micron. it jacked up because intel was having problems. it's coming down as intel has reassured people be careful a stock up 162% is not one that you want to say i'm bottom fishing. >> what's on "mad" >> what is really strong versus what you think is strong very much what i do in football except we're not playing like arsenal. >> but you will fight back you are the champions, of course. >> we are the champions, thank you for saying that. by the way with a british, uk name. >> indeed. jim cramer, thank you very much. >>> still to come, of course, on squawk on the street, we'll continue the discussion on the markets decline.

make those earnings and that has been the hole in the whole world of semis is this micron micron isere in the bust phase of micron clearly. just be careful because three times earnings, wow. that's obviously -- gm is 4.5, but it may not be as cheap as it looks is what i'm saying it may not be able to make those numbers and that will reverberate throughout the amd world, through the intel upgrade. be very, very careful of that until the other shoe falls. >> in june it was up 50% for the year. >> they're buying back a gigantic amount of stock $10 billion doesn't seem to affect the stock at all so people feel the d-ram market is collapsing it's not yet. >> hasbro tonight? >> hasbro is down badly and i think hasbro is managing this -- the toys "r" us collapse but periodically the toys appear in other segments of the food chain and he has to battle that and he'll come through it. i don't know how he does it all, he and six-pack zelnick are both on that. >> when we come back, mohamed el-erian will talk about the market dow is down 80 ♪ this is gonna be the best day of my life ♪ >>> good m

has plummeted to thirty percent and in another survey the lion's share of respondents agreed that micron is our ego and so we asked people in paris what they think about his latest remarks. let your will always to complain if it's in the french character or con needs to accept this anyway we have the right to complain. to the french people and the crime problem is that he's completely disconnected from what people feel he seems to be young he should be careful not to give too many listen this is what my corn is right the friendship complaining too much i hope he'll have no reasons to complain and he's retired as well. i'll be at some point though doesn't. he doesn't come up even to. this american icon is like so while good things that life is simple and everything but he's very . pretty. he looks like a young there's not seen much of runs but does not know how to speak with french people grand looks like a consultant who thinks he's at the head of a company he doesn't understand that he changed his role when he became president. he looks like a cockroach who wants to impose his dominatio

insults addressed individually or collectively to the french sometimes even from abroad must stop micron visited the city of the girl's home and burial place during the anniversary of the fifth republic his comments came a week after the french government revealed its new budget plan for two thousand and nineteen this invasions further cuts to pensions and welfare benefits the businesses will enjoy tax breaks back in june micron said that france spends quote a crazy amount of cash on social programs meanwhile the latest poll shows macross popularity has plummeted to thirty percent in another survey the lion's share of respondents agree that mccrone is arrogant we asked people in paris what they think about his latest remarks. the letter was always to complain it's in the french character car needs to accept this anyway we have the right to complain. to the french people across the problem is that he's completely disconnected from what people feel he seems to be young he should be careful not to give too many unless it is just what my corn is right the friendship complaining too much i ho

said front spends a crazy amount of cash on social programs meanwhile the latest polls show micron's popularity has plummeted down to thirty percent in another survey the lion's share of respondents agreed matrimony is arrogant we asked people in paris what they think of his latest remarks. the letter will always to complain about it's in the french character the koran needs to accept the sex anyway we have the right to complain and let's say too much crime to stop being so we're going towards the french people in the cancer problem is that he's completely disconnected from what people feel he seems to be young and should be careful not to give too many lessons and this is what michael owen is right the friendship complaining too much i hope he'll have no reasons to complain when he's retired as well. i bet somebody who doesn't think like charles of course he doesn't come up even to his name it's a backlog of orders like so while good things that life is simple and everything is a deal but he's very far fairly easy to complete he looks like a young who has not seen much of runs does

streets of paris is violent clashes erupt between police and demonstrators marching against emanuel micron's reforms. turmoil in the city of portland the demonstrators blocked traffic and attacked calls in the latest dangerous action by left wing activists in the us. and controversial website claims it has identified the second suspect in the poisoning of former double agent and his daughter dismisses judgment by media. it's ten o'clock here in moscow and you're watching international live from last year with mina dear a tutor welcome to the program. shocking scenes in paris police fired tear gas at tens of thousands protesting against the french president's reforms five people rallying against emanuel micron's labor education and transport reforms were arrested discontent was nationwide as more than one hundred rallies were held across the nation. has the story. thousands of come out in the streets of protest against the policies of my own governments. and students coming together to show that they're in me with those policies that have already been passed in the reforms that they do to be

largest chip maker micron technology filed a massive lawsuit against a semiconductor company accusing them of intellectual property theft gin was fired back accusing micron of being part of a quote international all of the which seeks to block the rise of china based chip makers peers pivotal to the larger plants of china as the nation has been looking to lessons its use of non-domestic techne. knology the chinese government has allocated over one hundred fifty billion dollars towards a fund which serves as a chip and technology incubator for such companies in china who musters may recall the back and forth on chinese tech companies earlier this year which resulted in. longer being able to do business in the united states after it was learned the company sold products to iran and north korea. and speaking of intellectual property theft a new report out from australia says the chinese military is expanding its collaboration's with foreign universities and times scientists are not coming clean about their military ties to dig deeper we're joined by our teams alex mahela bichon toronto h

micron, the industrial iot change is not as strong as we thought. it worries me. this autos -- >> yeah. >> i am just trying to think through what you are saying, io and autos and when i think of iot, i think of autonomous which is years ago >> gary dickerson, have you seen that stock >> yeah. >> it is like a two for one split at this point. they're telling me don't worry and things are different it turns out that people did not need as many machines that they make and that's asml. he was a little more -- a bully as you pronounce it than he should have been in retrospect and he's a concerned man the semis are cyclical but not the clouds >> s&p is up 1.3%. and in verse yesterday with utilities and staples under performing just a little bit >> their quarter should not be good they got big supply chain problems emerging markets and dollar. they got it all. >> they do >> they got mary % chilondon the mall, we have not mentioned sears. yesterday you talked about being a share donor, the revenue they provide to a pretty big market and they're getting diluted. >> they're

pensioner expressed anger to the president about his small pension which politicians have rounded on micron over his words. because i think this is key she's going through some of his general shoulder told me you can speak freely with the only thing with those have the right to do is complain because you would be different if everyone did the same those who complain do not do it for pleasure but because they are victims of uninterrupted tax increases and endemic insecurity in short your policy the president complains all the time there is a deep misunderstanding between him and the people literally i like to call this the do graphics solution so what the bishop needs to do then he finds out that the priest is is a perpetrator is simply moved him to a different spot where the previous standard was not known the highest ranks of the catholic church conceal the accused priests from the police and justice system to that end as old as the eye and then i think juliana tuesdays out in the. street. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer it be

streets of paris is violent clashes erupt between police and demonstrators marching against emanuel micron's reforms. more than the city of portland does on t.v. the demonstrations long traffic and attack calls in the latest dangerous action by left wing activists in the us. and the investigative group filing cabinet claims it has identified the second suspect in the poisoning of former double agent so and his daughter russia dismisses judgment by media.

i'm looking for micron, data center. i think the stock is up a lot still. just want to warn people that hardware is the epicenter of the tech weakness. luxury goods epicenter of the retail weakness. be very mindful if you are buying like meditation, please be aware that if you buy it that is not where you should be buying it. >> micron is up a tenth. >> it doesn't have as much exposure. japan is awful. that was always interesting. they had the confiscation issue. you pick ten watches. we are all worried about luxury. we are all worried about hardware. do you do those? micron is buying stock. they are going to stabilize. that is a gigantic product. i feel like i like what david was saying about square. the momentum guys loved it at 90. they just like it down here. some people bought it up from where it was a few minutes ago. those people are going to jam it. the only thing that was really strong, the delta quarter was very good this morning. delta is extraordinary. >> you want to get to mad dash >> that's a great idea. >> even though given the day we had yes

take a look at micron. they're buying november calls. they come scrambling in.ing the micron 48 calls and volume approaching 1.8 million share equivalent those are folks i want to follow lastly we couldn't even get this one up yet but twilio. the stock was down hard. jason, our producer, said do you see any unusual activity in there? now we are watch twilio >> worst day since may of '17. >> what a gift what a gift. >> i sold out of it in the mid-80s. it's a gift. full disclosure, this might be, for me, more trading than investing but, again, to get it below $70 on a $2 billion deal this was the missing link for the company. the company had video, voice, and messaging. it was missing the e-mail platform it now acquires the e-mail platform -- >> why does it sound so short term >> to get this stock below $70, and i believe this stock will run back up towards $80, i might get out of it ahead of earnings. i will not allow -- >> you will kick yourself in the foot >> i know where you got that from >> you pull a rabbit out of your head >> you watch "monday night footbal

how about micron here's a commodity semiconductor company that get half its sales from china and trades less than four times earnings. wait a second. that insanely low price to earnings multiple tells you people are worried that the company won't be able to make its numbers. now, micron does have general weakness in its flash memory division and boom or bust business it is but our rocky relations with china don't help. maybe the chinese want to make it harder to do business it sent it into freefall putting pressure on the whole industry including applied materials. some get clocked at the mere mention of china source is 11% of merchandise from china it lost 10% of its stock on friday forvf. kimberly-clark said its business in china was down high teens horrendous stock took a $3.83 hit pvh, the parent of tommy hilfiger had been making huge progress in china given how strong it's u.s. sales are and how europe has been very good, i have to wonder if china must be capped i can't think of another reason why pvh has fallen down to 121 now we know there are companies with such good relationshi

thousands take to the streets against large scale labor education and transport reforms by president micron discontent has gone nationwide and more than one hundred demonstrations have been held across the country. has the story. coming together to show that there are those policies. of the two to be passed over the next two years hold the microphone presidency this was a false union protest one of around a hundred across france and there have been a number of skirmishes between some of the protesters and the police some protesters throwing projectiles at the police including students at clawson bottles and smoke grenades and the police coming back with some force and detaining some of those protesters aiming to stop this protest when turning as violence as we saw with some of those earlier this year only made the first many people all very unhappy they're very angry with all the cs of the michael government saying that the reform cities mean passing on the reforms expects the past one could just roy operate the old french society this is what some of the protesters to be telling us they're

that's what micron usually does but it got extended on all the other reasons. >> how much of the semi conductor collapse or whatever to call it to specific to them oversupply and you have a commodity type that pricing falls apart? and how much much that is related to the economy more broadly? i don't know i think that's -- but there is some element of specific -- specific to the semi conductors. >> well i think the tariffs have a lot -- i think the tariffs have a lot -- again we like to blame -- it's easy to blame the fed. and frankly again i say. >> you like to. >> not this fed by the way but another conversation with that said they have nothing today with d ram prices appear everything going on in the chip world. nothing what so far. the tariffs on the other hand have a lot to do with it you can't ask the fed to back off are based on tariff talk that might well be exactly the right thing we should do maybe mcis ripping us off. maybe this is long overdue what do i know but there is a cost associated with that which you abrupt up the other day to think you can play the tariff game and

look at micron that one held up support levels the every other tech stock getting crushed. crushed since june or july since bob -- as bob pointed out. >> his name. >> since june, july it's getting crushed. now in a horrible market it has relatively strength. that's the type of name bk likes. >> it's interesting, amazon, you talk about a stock that hasn't traded well. we had a conversation, is it green sale -- clear sailing for amazon we said make it's ahead of itself there's a good chance it goes to 1850 this was when it was at all-time highs. then it rallied above 2,000. it failed and now below 1,800. and facebook never recovered the losses we talked about earlier in the show. which is also disappointing. the good news is as kirn pointed out the setup into earnings has been the best it's been for some time. >> our next guest says there are two beaten down tech neighborings that may be looking worth the buy. let's go oft charts with todd over at the plasma. >> what are you looking at. >> first before we are get to individual names retires talk about the nasdaq massive selli

final group shot at the end who's in merkel and micron together very so then a quarter of course is our correspondent in istanbul she's been reporting there all day and reported on the syria war for so many years what did you take out of the comments from the four leaders there as i said the thing i think i heard the most and repeated the most by everyone was political solution political solution. yes a political solution but little consensus among these four nations their differences really out in the open we know why france and germany came to istanbul and agreed to attend this summit they wanted a guarantee from turkey from russia that the deal in to create a demilitarized zone would become a permanent and sustainable cease fire they did not hear that we heard merkel say it i think twice i hope i hope there will be a peaceful solution and and we will not see a humanitarian catastrophe i think that was the word she used so this is why europe is so afraid because if there is an all out offensive in adlib you're talking about hundreds of thousands of people made refugees and and heading

micron, amd all down more than 40%. other tech related names like facebook, twitter, and electronic arts have also been hit with average drops of 30% or more as have a handful of retail stocks like tiffany, l brands and cody as well higher interest rates and falling home sales have hurt housing related stocks as well you have maskt o whil pool, pulte, dr horton all down 30% or more two groups are down but not damaged. one is energy stocks devin, cab on the oil, pioneer natural resources, baker hughes. down 20 to 30% but financial sfks pnc prungs, fifth third, morgan stanley also 20 to 30% off recent highs you notice anything missing from this categories -- these categories it's health care not on the list. and little wonder, the whole sector is only 7% from the 52-week high with wig gains this year in pharma that's what saved this sector. back to you. >> it was a top performing secretary ner the third quarter. bob pisani at the nyse deja vu. but can you trust the bounce in and do you go in and do you buy? how do you kno

a small fool for the fifteen year old boy who was told off and humiliated by micron because he didn't respect the presidency by calling him money. by hooking any case that macro call that last for me would have been called man on the one hand don't call me maneuver on the other the presidency is implicitly undermined. this is showing that he did is not a two faced this is the same a quote you just has a difficult season making the difference between the way he was six years ago what he really is and what he's supposed to be because he doesn't really know what i mean he's got no training for this and he just thinks he could continue being having the attitude of rochelle baker and go out and have to fight and then some he's going to topple over his shoulder said don't forget that you're president of the french republic and his results after your half are not true that out he's got bad results concerning unemployment bad results concerning criminality immigration i mean all the indicators are read practically at the same time he's going out doing selfies as if he was some sort of rock st

sector is terrible but incrementally we see fraying and you want to diversify away. >> you brought up micron they started as a $40 stock late january, early february. round tripped it now here we are again. is there a chance we put in somewhat of a double bottom and mu and. >> possible. 60 down to 40 and change maybe 40, 50 bucks and it's very overshold on the short-basis you come into earnings a lot of negativity you get bounces but it's part of a bigger cyclical peek when we brink thinking about the broader market cycle s semis are part of that economic area and these are bigger tops developing into 2019 i think we want to look more at values names names not leading the market the last two years. >> so i want to go back to fischer. because i look at the char to my eye, 150 seems really good support, right. >> 100%. >> are you saying to sell -- to sell the rallies and it's breaking through 150 ultimately. >> i think it will when you see the gaps in growth stocks that have been held by so many it generally takes a minimum of one to two quarters before any of the growth managers come back and

graffiti incident of even prompted worry but just to send a letter to the french president among micron in a bid to prevent more violence. this is a civil war this gang go on mr president should all workers take up arms to defend themselves and their businesses to another fight and i believe these people should be punished as what did they attack large corporations overseas the only attacks small businesses because it's easy the people who can see why why does everybody have us not eating vegetables only because these activists one for everyone has their own preferences and we must respect all the choices mostly galatea waters in all but as i've already gained some support from officials with the head of the republican party saying two hundred thousand euros in compensation will be paid out to those affected we spoke to animal rights activist bono has mixed feelings about the recent wave of incidents. these activists think that animal rights must be protected similarly to human rights so it's not surprising that the attacks slaughter houses and butchers shops if the law authorizes immor

soros is like trump upgraded he takes things to a whole new level if too many laughs and this is what micron is right the friendship complaining too much i hope you have no reasons to complain and he's retired as well. as somebody who doesn't think like charles because he doesn't come up even to his name you see my playground is like someone with things that life is simple and everything but he's very far fairly is a pretty good. he looks like a young it's not seen much of ron's does not know how to speak with french people example oh my granny looks like a consultant the things he's at the head of the company he doesn't understand that he changed his role when he became president. he looks like a cock well who wants to impose his domination on the fund you know it doesn't work it looks like the guy that was a smaller announced. they are world has been left stunned after a work by graffiti artist banksy which is just going under the hammer for more than a million dollars proceeded to self-destruct. the iconic stencil image girl with the red balloon was shredded a secret automatically activat

that france spends a quote crazy amount of cash on social programs meanwhile the latest poll shows micron's popularity has plummeted to thirty percent and another survey the lion's share of respondents agreed that mccrum is arrogant we asked people in paris what they think about his latest remarks. and that you will always to complain that it's in the french character a con needs to accept this anyway we have the right to complain that. the french people you come across a problem is that he's completely disconnected from what people feel he seems to be young he should be careful not to give too many lessons and this is what my corn is right the friendship complaining too much i hope he'll have no reasons to complain when he's retired as well. as somebody who doesn't think like charles he doesn't come up even to. the sumac club or not is like someone who thinks that life is simple and everything but he's very. good. he looks like young girls not seen. much of ron's does not know how to speak with french people snowplow mcraney looks like a consultant he thinks he's at the head of a company c

referred to a couple of graduates who are also mothers to large families to get their thoughts on micron's remarks this democrat. it's a pleasure to have to get to meet you and eric through these forums whatever that lent you to put into consideration these. people are their general population. we have many dreams then as. now each and it is it is only rape that it was used or decisions. which into consideration and i'm thinking that most likely that the comments. made if you were going to have any gets you an addition to it but. this has opened up a forum for discussion mr i when it's generally even. my large family life and that i choose every single one of them and i laugh again that i get to live a life where i pursue my dreams and evil to be attentive to my cancer at the same time the french leader was criticised for similar comments in july last year to the g twenty summit any blame poll development in african nations on the demographics in countries where women had seven or eight children who want to follow any of our stories have a comment on them feel free r.t. dot com there was a

chip maker micron recently said the combination could reduce its gross margins by more than 1%. decide these risks many say the tech momentum can continue. for "nightly business report" i am josh lip n, san francisco. >>> cal farms food lowers dividends. it announced the cut after it reported a weaker than expected returno profit and disappointing sales. the company also warned that an expected increase inhe egg supplies could cause pricing pressures. that sent the them lower. >>> groupon agreed to pay ibm $60 million to settle claims hat it used the compute maker's patented e-commerce technology without permission. shares of groupon rose more than 2%o $3.87. meanwhile, ibm shares were higher by 1% to $153 even. after the bell the online shopping servi stitch fix said it added fewer than expected sub virs in its latest quarter which resulted in a revenue miss. the companyowever did top earnings expectations. shares were initially hour in the after-hours although dee ended the regular day up nearly 2%o 44.63. >> a delaware court has ruled that a german medical supplies company ca

based micron technology of stealing secrets. but under the ban then' company be able to source important xenoens from u.s. su liers. the commerce department said the decision was made on national security grounds. and that is adding to a growing feeling in china circles that the real goal of the trump adminiration is going beyond rease and instead is to d america's depend on china. for nightly business report, i'm eunice yun in beijing. >>> under armour's turn around takes hold. that's where we begin the market focus tonight. the athletic wear make are toed earnings and revenue earnings and raised outlook for the year. the company attribute the skrong quarter to rice in sales overseas and few promotions. under armour shares jumped more than 24% to $20.97. americans are swiping their master cards a lot. the r companyorted stronger than expected earnings and revenue for ter third qua thanks to higher consumer spending. master card shares were off more th 1% to 187.73. >>> profits a at bp hit fie-year high. erpgs for the quarter mo

between police and protesters in paris as thousands gathered to express their anger over president micron's social reforms. u.s. city of portland is hit by turmoil as self-styled anti-fascist activist voices are heard will lose but he says well it's not sure the protests that have launched michael's presidency over the last seventeen months so he doesn't seem to have taken any new just a new change who he says he is carrying out the manifesto that he was elected on but the people here say they will still have to change course and to me show that you can speak on t.v. . will self styled anti-fascist activists have caused outrage in the u.s. city of portland oregon after they blocked traffic and attacked cars on a protest against police brutality and he's kind of a mop and comments things got rowdy in downtown portland now it was in the aftermath of a vigil for an african-american man who had been killed by police officers now the vigil itself was peaceful but afterwards protesters poured into the streets and things got intense people described the scene as chaos random people in cars driving

. >> micron, how much is micron down some of the stocks, they pass and have to go down every day. think that is overdone. micron has to cut -- you have to cut numbers before you get a buy. that is the problem. there is always someone who doesn't know that they are not going to make the numbers. >> we did get upgrades of engersol and hilton and some of these perennial 52-week lows. >> i have a thesis that i'm developing over the last 95 seconds, what i think is going to happen is we are going to look back and say let's say the tariffs get pushed through -- >> we go up to 25% on 250 billion. let's assume all of it. everything from china. >> even if it is bad, people are going to say next year at this time this is going to happen. we will be anniversary in tariffs. we should stop thinking about them and ubsesziobsessing on th. >> what about -- >> why did you give me a smirk >> what about slowing global growth >> have you noticed slowing global stock priceinis? >> i have. we see the nasdaq regaining a bit of losses from yesterday, what do i want to own? don't i want to go back to grow

middle finger the president was meeting families affected by last year's harken now the hash tag micron and see here is what people have been using that means that corn is embarrassing the country including in that is french far right these are money lappin who described the photograph as unforgettable she says there are no words to express indignation adding that france does not deserve this now the french president says the picture has been completely taken out of context he said that his goal was to help all of the young people of sent martin and i quote he said i love every child of the republic however foolish they've been he says. marion le pen rather is the far right and the far right the far fight is not the people some say that micron is trying to improve his credit rating and popularity since his proven rating this year went down and earlier we spoke to a senior research fellow at the global policy institute. sixteen months after coming to power to accumulate asian or good fortune an order city president macros look seems to be running out the fair the resilience of enron mr l

are on the way across france students unions take to the streets to protest against the monorail micron's reforms nearly one hundred events planned throughout the country are joining me now and paris where hundreds are expected so out. charlotte dubin skewed to try to get on the line now charlotte your protests. the president's policies. well thousands of people have come out on to the streets paris all to do one thing to complain to protest against the policies of a manual michael misgovernment many people unhappy with the reforms he's undertaken in his seventeen months in office and the reforms that he's proposing for the next few years i reforms when it comes to things like pensions reforms when it comes to people entering university reforms when it comes to this solution model here in france and this is of course union protests people coming together to say that actually these policies right president are going to destroy france's sushil model if you take a look around me now you can see some of the people that have come out this is workers pension is the youth of all come out here an

technology for production and which micron technologies accusedinf ste its intellectual property. >>>mon theme this quarter has been trade. and according to cnbc, 35% of the conference calls that took lace through last friday mentioned tariffs. 45 companies, including costco, saidson and the tariffs were having some negative impact on their business, while five companies, including kansas ci southern and carmax said tariffs actually helped their results as customers pulled business forward to beat out the economic impact. >>> and with reports that the u. is planning more tariffs, u.s. businesses already caught in the middle of the trade war are hoping to win exemptions. so far, that has not been the case. ylan mui is in washington tonight. >> reporter: tariffs are swamping sea eagle boats in port jefferson, new york. kayaks are getting hit. and for owner john hogue, there's no way out. >> the annual cost to our company, which is a small family business, will be over $1 million a year. >> reporter: the trump administration isn't handing out any waivers from the latest round of tariffs

between police and protesters in paris as thousands gathered to express their anger over president micron's social reforms. u.s. city of portland is hit by turmoil as self-styled anti-fascist activists.

erupt between police and protesters in paris as thousands gather to voice their anger over president micron's social reforms. in the city of poland demonstrators block traffic and calls in the latest dangerous action by left wing activists in the u.s. . and russia dismisses the latest findings of the investigative group which claims it has identified the second suspect in the script poisoning case.

mccool and micron to their own place in brussels, the lecturing out and got some nice pictures.y the german chancellor. she did not smile but she saved a cheeky thing — she said modern ireland is tricky because it is an intellectually interesting task. you would think of it was that, you should be able to solve it. by november, we will see another summit and by december the brexiting will be done. all the protests in london and everyone else will not change that. you are confident about that? iam that. you are confident about that? i am pretty confident that we will see a deal between the uk and the ee soon. the hard brexiteers have their backs against the wall. do the dues no deal? or do they get leila brexit‘s no matter what? no deal? or do they get leila brexit's no matter what? it is something that the british, have been counting on. when they see something concrete, they really would want to reject it. is that unduly optimistic? i don't disagree with anything my colleague stuart said. there will probably be a deal of some sort. it is ideal on their withdrawal deal leaving a

possible possible mr putin reiterated he reserve the right to act if there's a provocation as did micron before we reach any sort of political negotiation that will be a thorn in the side do you think that is a big risk that that will develop into a ground offensive and a further flow of refugees from syria into turkey. you know on. the tenuous cease fire is likely to hold it's not an official by the way no where in the labor agreement they. should be a cease fire but there is an agreement on the militarization of the border strip. ok peter ford former you can master to syria bahrain thanks for your insight today into that summit in istanbul. over to the u.s. now where there's been a shooting at a synagogue in pittsboro in the state of pennsylvania the gunman has been identified as forty six year old robert bowers he's in custody police confirm there have been multiple fatalities with four officers also wounded witnesses said the shooter walked into the synagogue during a morning service and opened fire. the suspect in the shooting is in custody we have multiple casualties inside the syn

corporate america that should make people nervous, right whether ppg or fluor fasten al, fedex action micron, the list is getting longer. >> there have been three reasons to remain bullish. the fourth one is we closed at the 20 on day. but the fed could back away and take a dovish stand which in the short term wobblish longtime bearish. president trump and xi could have a an aaccord and that's bullish. and maybe erjs bail us out and you won't get the guidance you think. i'm with tim i think something fundamentally has change you are seeing inflation creeping its hid guidance is going to be week and i think the market heads down 7 or 8%. >> the cpi karen was cooler than expected it's not like every data point is rip roaring hot on the inflation front. i want not the case. now maybe part of what we saw is because powell the other day or whenever it was recently said we can go past neutral and everybody freaked out said my god the fed is raising rates come hell or high water regardless what you here from pepscy and ppgs and fedexs and everybody else that zblees a good point weren't we praying f