our education committee trains at the center, and that is part to develop, to mr. mario and narara of the department of aging and adult services, this is, marcy, myself, and also, mrs. patty clement, are doing very well and they are well and attended and our next training will be in october. and we had a call for a nominating committee, for the incoming officers and that will take place in november. that is my report. >> any questions? >> any questions? >> commissioners? >> thank you, very much, mr. schmidt that was helple and one minor, that they voted to recommend the appointment, and we will be voting on later on in this morning's proceedings. >> thank you. >> any other comments? >> questions? >> thank you. >> thank you. >> okay. next, is the advisory council joint legislative report commissioner richard ow. >> yes. i am happy to announce that the governor last week signed sb 997. that is the starting in 2015, when we file our state franchise income tax for the years of 2014, we can indicate in one of those line items, that how much money we recommend or actually do n

when it comes to trading equities in europe, it's all about mario draghi, not mr. putin.r-yen, humanly significant levels today. now, you never see this very often. 105 on most systems as the dollar-yen high today. open the chart up, and you can see that december is still over. new year's eve of last year. you know the wloes? 105.31. we'll tear the chart back to the fall of 2008, the next stop on the train carrying the dollar higher as qe carries foreign currencies a whole lot lower. carl, back to you. >> rick, thank you so much, rick santelli. cvs pulling tobacco products off the shelves ahead of schedule and rebranding itself as cvs health. we have a live interview with larry merlo. record highs for facebook this morning, gopro, test la, and the s&p at 2007. we'll be right back. cute little guy, huh? this guy could take down your entire company. stay with me. on thursday a hamster video goes online. on friday it goes viral - a network choking phenomenon. why do you care? he's on the same cloud as your business. the more hits he gets, the slower your business may get. do

mr. connolly speaking a little bit later. mario draghi speaking on lithuania as we speak. that is the governor or the chairman of the central government of lithuania. integrationg that is the critical factor moving forward. needs more integration, not less. euro trading 1.2 713. >> welcome back. you are looking at live pictures from lithuania. questionshi answering from local press -- not local press, a member of the eurozone will actually mean. tosaid he will be prepared do more when it comes to protecting and driving growth within the eurozone. let's get a sense of what this morning is about, what we really learned what the next ups are. the moon this morning, the euro-dollar driven by the fact that are your draghi is prepared to do more. this is not necessarily new. given what else is going on, it has taken on significance. 1.27. euro approaching it is a bit more than i personally expected. i was looking for a level of 1.28 in the fourth quarter. the position of the euro has picked up a little bit and makes the job of the ecb and a bit easier in that they do not have pr

mr. draghi saying it's a question to fight super mario and that's where this market is right now. >> reallymazing thing is fisher's leaving. you know? he's leaving in april. he's required to step down and instead of going out gracefully, he is getting louder in the commentary. they're getting sharper here. he moved the high yield market today. >> to be fair, though, there are others who have been on watch for the high yield market for sometime now. >> yes. >> but obviously they don't carry the clout that mr. fisher does. bob, i guess to ben's point about the fact of a number of key money manage earls underperformed. they have been underinvested or underperformed. the bulls would argue and, art, you can weigh in, as well, the bulls argue that means they have to play catch up into the end of the year. >> the underperformance of the average hedge fund and the market is very wide. unusually wide a. number of notes out about that and subscribe to the idea but i think there's very interesting volatility around the russian rumor which is what it is right now. but i think something to this. the rus

mario draghi's skills getting the germans on board for qe? do you expect full qe? can to get the germans on board? >> mr.ghi has done a hiserful job bringing colleagues to this point. my question is whether it will be enough. he has seen the influence of things like deflation can really put an economy into a bad place for a long time. the playbook calls for early action, large action, sustained action. you sell it to the market at every turn. he has not been able to do it. he is getting impatient. i liked his passion at the last press conference with the limitations of structural and fiscal problems. he is directing attention at those who should be his partners. >> thank you for coming in. northern trust. >> time in london, 6:26. agricultural companies take the heat after the latest round of sanctions. ♪ >> welcome back to countdown. i am manus cranny. marketsforeign-exchange check. you begin to understand what the potential is when you get a bowl . it came out yesterday evening, putting the no caps on ahead by six points. give the market a bit of a boost. eye on the dollar sterling level. moving along t

mr. douglas, sorry. >> let's go to the bond pits. rick santelli is at the cme group in chicago. rick? >> hi, david. we had central bank meetings, but the one that stands out is mariond look at what the markets did, we can learn a lot. we can always learn a lot when for the few moments the markets are pretty much like emperors with no clothes. you get to see some moves and where they stopped and see it under emotion. if you look at an intraday bund, this is fascinating, remember the low yield closed for the bund, happened first of sent, see the chart? there's flow 88 basis points. it did not challenge on an intraday basis and reversed. look at the bund, open it up to, i don't know, couple weeks to the 20th of august, you see what i mean? did not make it extreme. that is significant. euro, now, the euro made it extreme, but remember, everything is stacked up against the euro, and the talk is bull. fixed income market is different, scratching its head, but what's noteworthy on the euro against the dollar chart is that virtually it held 130. argue about a couple ticks, and that was significant. now, let's shift it back to the u.s. look at the intraday five, oh, u-turn