neil dutta is sticking with us.s, cisco's ceo will be talking us -- discussing earnings and politics. ♪ david: 60 minutes in about 25 seconds away from the cash open. futures are soft today, down about 1% on the dow and the s&p 500 after marginal gains yesterday. let's get to the other screens shelley -- michelle wie? -- shall we? img, the ecb is expressing concern about potential for an overshoot. one .1697. is at initial jobless claims come in at 232,000. the survey, 240,000. just when you think this number can go much lower, it grinds lower again. when a multi-decade low you think about it. you have to go all the way back to the 1970's for these kind of numbers, david. david: in children's stories we talk about the "little engine that could." you --have that in the the u.k.? it is a job creating machine, it just keeps going. jonathan: 230 2000 -- your initial jobless claims print. for reaction, we are joined by ira jersey and still with us, neil dutta of renaissance macro research. ira, it is a conversation we al