and tell us a little bit about the ratio. >> well, the four-to-one ratio of epa to dha -- this makes omax3, given to patients with normal blood lipids, actually reduced overall cholesterol, reduced triglycerides, reduced ldl, which is the bad cholesterol. >> right. >> and by reducing ldl cholesterol, this is a big deal for a fish oil, because most fish oils may actually increase your ldl cholesterol. overall, this helps improve your heart health. >> now, dr. maroon, let's focus on pain and inflammation for a moment. so many of my patients are turning to nsaids for pain relief from joint stiffness, back pain, and all types of muscle pain. how can getting this 1.5 grams of epa and dha into your body every day help with pain? >> a few years back, i took 250 patients who came into my office complaining of neck pain and back pain. all were on nonsteroidal anti-inflammatories, and i gave them and put them on a therapeutic dose of omega-3 fatty acids. and with six to eight weeks, 60% of the patients returned and were able to get off and get rid of the nonsteroidals, which we all know have v

greece has a level of profits ratio to total business income of 46%.our friends at 41 and italy at maybe 40. 32 and -- the u.k. at 32. they are just off the charts. they are on a different planet in terms of the way they think about what a good economy should be. joe: is that the problem? a problem.an: it is in 1990 eight, greece has a it'sbly uncompetitive -- definitely true. they had generous pensions and all of these things. less generous now. they have made much bigger cuts and people appreciate. so in 1998, they did not have any 5% unemployment. this is the reason greece is a poor country, poor than germany or france, but not a reason they are in crisis now. it's also a reason they have chronically high unemployment and slow growth. it leads into all sorts of other slow, like with growth the accumulation of private inlth builds up tremendously relation to wages and productivity. relative to productivity, the greeks are rich. that pushes up wages and pushes down employment. joe: i want to turn the conversation to the u.s. economy, and economy perha

greece has a level of profits as ratio to total business income of 46%.n the next two r frantz at 41 and italy at maybe 40. the u.s. at 32 and -- the u.k. at 32. at 41 next two are france and italy at maybe 40. joe: is that the problem? prof. krugman: it is a problem. 1998, greece has a terribly uncompetitive -- it's definitely true. they had generous pensions and all of these things. less generous now. they have made much bigger cuts and people appreciate. so in 1998, they did not have 25% unemployment. this is the reason greece is a poor country, poor than germany or france, but not a reason they are in crisis now. professor phelps it's also a : reason they have chronically high unemployment and slow growth. it leads into all sorts of other things like with growth slow, the accumulation of private wealth builds up tremendously in relation to wages and productivity. so relative to productivity, the greeks are rich. and that pushes up wages and that pushes down employment. and pushes up unemployment. joe: with both of you here, i want to turn the conversa

those are the ones that the peg ratio says sell. that's the one i don't go. >> if you work hard and do research, you can make money in the market but as i have said in this segment, if you don't have time or inclination, i'm fine giving it to professionals, but i bet we can do it together. >> coming up the type of stocks you should avoid at all cost and sell them. you won't want to miss this. it's not all bad news. i'll let you in on companies that could be worth buying when they head south. send your tweets to me. "mad money" will be right back. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> when there are huge losses in the market, you'll have opportunities to buy good companies with stocks that have become bad. because the market turned down and you are going to catch me saying buy broken stocks not broken companies, which is a sayin

we look at debt ratios. generally states not including underlay municipalities electric systems, enterprise systems supported by the state general fund. some of the numbers we saw in the earlier site and may take issue with. look at a different way to make it comparable with grace. if you look at overall electric systems, it's about 69% of gdp. if you look at its faith in our view would be closer to 40% but for greece, i have met data of 180% now. incomes in puerto rico are a lot higher than increase, but still low by u.s. standards. lastly we look at the impact of the default by there may be more debt increase. you could say government held it may be less impact on the debt markets as a whole were puerto rico debt is privately held. now hedge funds are a major share it may be less willing to give per se negotiations with puerto rico. they have to negotiate their restructuring. perhaps there could be a greater impact on the u.s. market. i think my time just ran out. >> thank you very much. john. >> thank you

historically typical in the country will face an unsustainable debt path in which the debt to gdp ratio rises and that requires further actions that is mainly related to retirement programs and social security and even more important, the medicare and health care costs trends. so we have known about this for decades and there remains a need for action on this front. >> there does remain a need and this includes reports on some of the consequences with growing federal debt is comes from the long-term budget out lead. things like lower income, pressure for larger tax increases or spending cuts, reduced ability to respond to domestic problems and a greater chance of a fiscal crisis. are the things that you all consider at the federal reserve with regard to monetary policy? >> i agree with the consequences that you just read to me. and ultimately when we see those things being manifested the consequences in the years ahead if the deficit becomes very large, it will put pressure on the economy, not right now, but in future years, it will likely cause i was to have fire higher levels of inter

the ratio onhe s&p 500 is 15 just over 20 as ofriday from market close. so definitely one of the five major recession indicators we track. however i wanto remind people the ratio can be elevated for extended peris of time. rebecca: so, you say this time to buy. we're looking at quarterl earningseports. anne:: q2 eararnings have started. i am hoping th will take the focus off some of the m more emotional issues like greece in europe and puerto rico and the slowdown in cha and back to fundamenls. i have to tell you, the bar is very low. consensus is expecting a 3% decline in earnings. i ink if we get a little positive upside surprise, that could be a catyst to purchase out of thirange. annene: good advice. do not just focus on the media headlines. thank you as always for joining us. and two montgomery county businesses, new numbers on the purple becca: w wcome back. it is time for the roundtable. thisis week there were big is this adlines for each major region that makes up the greater washington area. which will matter most to you? toto go behind the headl

that is where the ratio of two thirds comes in.f those using it any time during the month, two thirds are using it on a daily basis. i am looking or's ability in that. i think it's unrealistic to think that it would accelerate from the level that you said. one of thef -- joe: big stories is how well they have been able to monetize mobile. did you see anything interesting in this report? martin: mobile was up again as a total of percentage in revenue. going back a few years ago it was their first really breakout quarter where they accelerated, yet at that point mobile was less than half of the revenue that it is today. have got the formula working. i think what is going on his advertisers are figuring out a way to spend the money on mobile ads that is working on phones, ipads and so forth. that was not the case a couple of years ago. that is still continuing to work and grow for them right now. much for thatu so take away. good, but not totally awesome. after the break, does this video ring a bell? the inaugural edition of grand the

take a look at your loan to deposit ratio, we did see some work between the first and second quarter.ake for analysts to put that deposit money to work? john: loan to deposit ratio does not mean what it used to because of the structural change in bank balance sheets. we hold onto a lot more cash and investments your these than they did in the past just a has of the regulatory changes, which were very constructive over the last few years. we did grow our loans to a record high of $880 billion, we never had one quite that big. what is going to cause it to grow at wells fargo and elsewhere are people whose businesses, mainly, are more funded use credit lines to build other plans, to buy another business, to expand in a way that requires more from the consumer side. most mortgages get sold into the secondary market. we all keep jumbo loans on the book. but it is hard to grow at the same rate as a shorter-term loan. auto loans turnover relatively quickly. even though business has been robust it does not change the balance that much from their first credit card loan that grew nicely at well

i'm going to refer to those as high loan-to-value ratio places. top line is lowest core tile of borrowers, these include philadelphia and seattles these types of metric. and at the moment that quantitative easing takes place the first one, you see a spike in refinancing activity. trending very similarly before. you see a spike in refinancing activity that is much larger in the parts of the country doing relatively well. these are going to be these low loan to value-type places. this an application data moment using high resolution data. you can see applications spike immediately after the announcement. differentially in parts of the country doing relatively well. this is actually on origination data using our equifax merging of credit records and mortgage data. you can see, again, you see that increase in refinancing activity, even in this data set, between the high and low loan-to-value ratios but it's delayed a month or two. why? it takes time when we apply for the mortgage and when the mortgage actually closes. this is actually origination of t

when the debt to gdp ratios get to the size they are something is not right.mention has been made of the question of the composition of the debt. the composition of the dead as transcendent indicated is a very key question going forward. why is that the case? we see here a situation where we do not have a classic central government debt and one or two publicly owned agencies. we have a very complicated system of theoretical seniority created by pledges of various revenue strains. -- streams. the legal question which we may end up getting an answer to is going to be the modern version of the question asked of allen dulles when he testified in the house of representatives being examined in the 1930s about the bolivian tobacco revenue bonds issued in many teen 20s. and u.s. asked about the enforceability of the covenant pledging tobacco revenues any sort of spider to boilerplate boilerplate. wow, there is perhaps a potential difference and this is what we will see. in the case of the bolivian tobacco revenue bonds there was no shares when the bondholders could ca

you you know the debt to gdp ratio cap to the size that it is something is not right. mention has been made of the question of the composition of the debt which a lot has been indicated on and is a key question going forward. why is that the case? we see here a situation where we do not have a classic sort of central government debt and then one or two publicly owned agencies. we have a very complicated system of theoretical seniority created by pledges of various revenue streams and i think that the legal question which we may end up getting an answer to is going to be the modern version of the question that was asked allen dulles when he testified in the house of representatives being examined in the 1930s about the bolivian tobacco revenue laws issued in the 1920s. asked about the enforceability of the company pledging the tobacco revenues and there is perhaps a potential difference which is what we will see. the see. the case of the bolivian tobacco revenues together collect those tax revenues 30 or 40 years before that it was still considered good form to send the

alix: take a look at, say, your loan to deposit ratio. we did see some growth between the first quarter and second quarter. what do you think will be the catalyst to put that money to work? don: loan to deposit ratio does not mean what it used to. we hold onto a lot more cash and investment securities than banks did in the past because of the regulatory changes, which are actually very constructive over the last few years. we did grow our loans to a inord high of $888 billion the quarter. we have never had a loan balance quite that big. what is going to cause it to grow is people -- businesses, mainly -- beginning to use more to buildedit lines another plant, to buy another business, to expand in a way that requires more bank assets. on the consumer side, most mortgages end up getting sold into the secondary market. we all keep jumbo loans on our books, but it's hard to grow those at the same rate as a shorter-term loan. an auto loans turnover relatively quickly, so even though business has been robust, it does not change the balance is t

exhibit. >> i was reading a black about the golden ratio and i noticed that one of the equations hadus sign instead of a plus sign, not one but three. i want to the front desk and reported that there was an error in the exhibit. >> he is 15 and brilliant. that exhibit has been at the museum for 34 years the equation has been corrected. in case you're wondering what's a golden two quantities are the same if the ratio of their thumb are to the ratio of the two quantities. >> reporter: a gallop pop found 41% check their iphones twice and hour. 11% say they check their phones every few minutes. >> 81% say they keep their smart phones nearby by all day long. we'll be right back. what do a nascar® driver... a comedian... and a professional golfer have in common? we talked to our doctors about treatment with xarelto®. xarelto® is proven to treat and help reduce the risk of dvt and pe blood clots. xarelto® has also been proven to reduce the risk of stroke in people with afib, not caused by a heart valve problem. for people with afib currently well managed on warfarin, there is limited inform

we do have these lopsided gender ratios. we wonder why.st familiar on gender differences in depression. we can see the difference is not present in childhood, but it begins to emerge between 13 and 15 years of age, as you can see the orange bar is going up there. and then it widens between 15 and 18 years of age. gender differences in depression emerge in adolescence. it is a two to one ratio -- we are going to crack this question -- we need to understand why the gender difference emerges in adolescence. it could be genes -- we have a few that have been identified that have to do with depression it could be pubertal hormones it may have to do with other factors, such as the media's emphasis on the hyper skinny models. and as girls go through puberty, their bodies get farther away from skinny models. boys have advantage because they are having -- adding muscle and that is how the models look, so that may be a factor. we also know there is sexual harassment in schools, and that may also contribute to this gender difference. ♪ sçkw?c?coó cha

they are getting growth, debt ratios are coming down.eed, the burden of the greek debt in the plans is about the same as the burden in those countries, you have to pay about 4% of g.d.p. in interest. and so as i say, i think it's an unnecessary deterioration of the situation. it got to the point now, because of this animosity, that you have the leaders of spain and italy saying look, a no vote is a vote to leave the euro. you leave the euro, and suddenly you have a huge depreciationiation of the currency, the drachma, the private businesses get in the bankruptcy, they owe debts. i think the situation is worse by politics in recent months. >> but politics, i mean, to get into the euro, you had to have elected governments. these were all functioning demack rahsies, and syriza, that -- democracies, and syriza the party in greece is a backlash to the parties that got them in in the first place. you can under why the greeks did what they did, to some extent? >> to some extent, yes, but the problem in part is the european authorities themselve

cet one that is equity tier one ratio. 12.3 percent at the end of june.r than it was at the end of march. it is about 12%. before asking it was going to go above 12% this go around. we heard from them that they are selling down that state. they said there were going to raise another $1.9 billion from the sale. they are going to own a 6.8% of that u.s. business. that is helping with their capital buffers. deutsche bank in focus. we have the q2 numbers coming through deutsche bank. the headline here seems to be around litigation expenses. they are taking charges there on conduct and litigation in the second quarter. back to germany. those litigation expenses. they come in at 1.2 billion euros. that is above the estimate of 550 million. taking a big litigation expense charge on this business in the second quarter. in terms of the underlying performance, net income 7.96 billion euro. meeting estimates over at deutsche bank. bigger than expected litigation expense which could take investors eyes. let's continue the prospect of banking, caroline. caroline: we a

the ratio between senior citizens and the work force will be reasonable and balanced. the aging will not be so fast. meanwhile, we can have a certain amount of labor to guarantee the smooth development of the economy. but for now, the aging population is a growing problem. researchers estimate that by 2025, one in five chinese in urban areas will be over 60, and that by 2050, that age group will amount increase to 30 percent of the population. the policy has led to what is called the "4-2-1 problem," where one child will be responsible for two parents, and four grandparents. for now, this not an issue for he yin and lin zhongjie, whose parents are still healthy and mobile. but down the road, in the future, this may change. >> "if all four of our elders run into trouble, and it requires both my husband and i to handle it, i'm afraid i will get frantic and we will be fully occupied. >> but the biggest pressure might one day fall on lin jiahe, who may find himself caring for the entire family. >> "above all, he needs a good wife. then, in the future, when the population i

i chose charleston because is the most historic cy in my state and at one time had the highest ratio of blacks to whites in the country. he was right. 57%. . we have no skinhea, no k.k.k., no one doing but taing on the internet. well, someone has to have the bvery to take it to the real world, and i guess that has to be me. end of quote. mr. speaker bigotry continues to exist in this country. this congress should not pass any legislation today or any other day that would embolden the who continue to hold racist beliefs. the calvert amendme, the calvert amendment is misguided and it emboldens bigotry. i ask my colleagues, democrat and republican, respectlly, let's defea the calvert amendment this afternoon and even if the gentleman would consider to withdraw his amendment a not put this ouse through this turmoil mr. speaker. ask unanimous csent to revi and extend my remarks. he speaker pro tempore: without objection. hoyer:r. speaker there are daysn this house when morality and the values our cotr as articulated in the declaration of independence and in the constitution of r countr su

it's a two to one ratio. twice as many women to men depressed. if we're going to crack this question, we need to understand why the gender difference emerges. many factors are doubtless involved, it may have something to do with jeans. we have a few genes that have been identified that have to do with depression. it may have to do with pubertal hormones because of the difference emerges just as puberty is coming on. it may have to do with other factors such as the media's instant -- emphasis on high skinny models and girls as they go through puberty, their bottles -- bodies get further away, boys had the advantage because they are adding muscle and that's the way the models look. that may be a factor, we also know there is idea pure sexual harassment in schools. that also may contribute. >> ♪ we live in a pick and choose world. choose choose choose. but at bedtime? ...why settle for this? enter sleep number don't miss the final days of the lowest prices of the season. sleepiq technology tells you how well you slept and what adjustments you can ma

also look up the ratio a load of debt to equity and also you can't google and ask what is the ratio.he charts tell me when to pull the trigger. >> look at the fundamentals and the macro factor they're going to lose to the group but also use the charts going into options to buy micron. charles: those are just some of the things. i have whole peace when to buy and sell i still think there is another big lake up. right now is all about china. they increased their reserves why are they accumulating gold and why should you be worried? when we come back. you do all this research on the perfect car. gas mileage , horse power... torque ratios. three spreadsheets later you finally bring home the one. then smash it into a tree. your insurance company's all too happy to raise your rates. maybe you should've done a little more research on them. for drivers with accident forgiveness liberty mutual won't raise your rates due to your first accident. see car insurance in a whole new light. liberty mutual insurance. . charles: so there are no institutions in the world that have deeper pockets than ce

that's the worst ratio we have seen since 1999.g and oil refining of the hardest hit sectors along with steel. we take a look at and of the technology company going in the other direction. we're talking about nintendo. surprisingly good profits there. >> good morning. for thetheir profit first quarter took the market by surprise. the weaker yen is the main driver. this is a coveted against gets three quarters of its revenue overseas. quarter,ril to june that is a ¥10 billion windfall in those three months. when you look at the unit sale numbers, the picture is finally less encouraging. the sales for the platform still fell, and the wiu continues its slump. rishaad:tell me about it. coming about's platoon -- splatoon and the effect that that has. >> it is one bright spot. it is a very friendly game despite being a multiple shooter. the first one for nintendo. the gamers a spray ink instead of bullets. it got rave critic reviews. fell. wiiu sales most investors looking at nintendo enough focusing on their entry into the smartphone ma

so we are working -- you know, we're trying to keep the force at a two to one deployment ratio. and if the force gets smaller and the force goes down, we are going to be inside that, which is a concern to us. so you are always balancing a risk to force and we are working with the commanders to see if we can't figure out new, different innovative ways to find out the needs to meet the mission. and at the same time, buy us a little more depth to dwell we -- relief. >> what's the mission of the marines? >> the mission of the marine corps is to provide the nation readiness in crisis response and secure the naval bases and to do those things as the president may direct. >> have you seen that mission change during your time in the marines? >> no, ma'am, i have not. >> as we look ahead at different threats that are coming up in the future, do you see e the development of the anti-access weapons, like the long range anti-ship missiles, is that going to impact the marines operations at all? >> clearly, the increasing capabilities of potential adversaries and the aerial battle space is of

so we are working -- you know, we're trying to keep the force of the a 2 to 1 deployment ratio ratio. and if the force gets smaller and the force goes down we are going to be inside that which is a concern to us. so you are always balancing a risk to force and we are working with the commanders to see if we can't figure out new, different innovative ways to find out the needs to meet the mission. and at the same time buy us a little more depth to dwell we leaf. >> what's the mission of the marines? >> the mission of the marine corps is to provide the nation readiness in crisis response and secure the naval bases and to do this the things as the president may direct. >> have you seen that mission change during your time in the marines? >> no, ma'am, i have not. >> as we look ahead at different threats that are coming up in the future, do you see e the development of the anti-access weapons, like the long range anti-ship missiles, is that going to impact the marines a' operations at all? >> clearly the increasing capabilities of adversaries and the aerial battle space is of concern. we

put this moment in history on the resume that you corrected the golden ratio at the museum. kimberly: absolutely! jonathan: it's been a pleasure. joseph, it's been a pleasure. thank you for taking the time. joseph: thank you. kimberly: good job, buddy. jonathan: all right. coming up for us here -- he's great, isn't he? a great museum. kimberly: if i'm teaching i don't want him in my class. jonathan: coming up at 4:00 see if the revenue has increased or dropped. >> immigrant workers at donald trump's hotel in downtown d.c. react to his comments. i'm sam ford. that is comi ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. announcer: you're watching "abc7 news at 4:00". "7 on your side." jonathan: new fall-out from donald trump's comments about mexican immigrants. there are reports that some immigrants who are there the u.s. illegally are working on a new trump hotel that is being built in d.c. kimberly: d.c. bureau chief sam ford is

in the long run, they have a long-term liability ratio of 1.26. that means they have liabilities 1.2 times larger than the assets behind them. large liability per capita. net asset ratio is negative which means they are probably looking at debt financing pay as you go, and then we move on to the pension, the pension problem there. i calculate it's much larger than they do. i say they have an unfunded liability in their pension system of 76 billion. that represents about 75% of state income. that explains that pressure. it's building every year. they have to pay this out and they're having to find the money to do so, so no, they're not in great budgetary health. >> back to illinois. jane, good morning to you. >> caller: good morning. i'm scared to death about what's going on in illinois. i'd like to know if your study differentiates between people on pensioner dollars and what people on social security, like myself receive. they get $6,000 $7,000 a month and social security no way pays that, so i'd like to see some figures. does your study address

so we do have these lopsided gender ratios. we wonder why those are. i'm most familiar my research has been on gender differences in depression. we can see that the gender difference in depression is not present in childhood. but it begins to emerge between 13 and 15 years of age, as you can see the orange bar is going up there. and then it widens between 15 and 18 years of age. so gender differences and depression emerge in adolescence. and if we're going to crack it's a 2 to 1 ratio, twice as many women as men depressed. if we're going to crack this question we need to understand why the gender difference emerges in adolescence. many factors are doubtless involved may have something to do with genes. we have a few genes that have been identified that have to do with depression. it may have to do with pubertyal hormones because the difference emerges just as puberty is coming be. it may have to do with other factors such as the media's inform sis on hyperskinny models and girls as they go through puberty, the bodies get farther away from the skinny mo

>> if we were to go lower than that, senator the depth to dwell ratios unconcerned about and to come but that is concerned about would increase the risk to the force and the ability to meet combatant commanders requirements. >> would've those requirements and the ratios that you want to maintain come how are we doing with recruiting? and are we getting a type of young person we need? what motivates someone to join the marine corps today's? >> we are doing very well. i think that's something that we are watching that our manpower director the at the debris for us that right now for the next fiscal year would oversight of 55% of the requirements. so those marines are in the pool, waiting to come to recruit training. they are not just marking time. they're working with recruiters voluntarily to get themselves ready to go. the quality of those recruits to potential recruits is very, very high. we have a very high standard and i think that's both a credit to our recruiters and also reflecting the quality of the force. on offices side we have at least three college graduates waiting for ev

we do have these lopsided gender ratios. we wonder why those are.y research has been on gender differences and depression. the gender difference in depression is not present in childhood, but it begins to emerge between 15 and 16 years of age as you can see the orange bar is going up. it widens between 15 and 18 years of age. gender differences in depression emerges in adolescence. ♪ many factors may have to do it jeans. -- with genes. it may have to do with other factors such as the media's emphasis on hyper-skinny models. boys have the advantage because they add muscle. that is the way the models look. that may be a factor. there is plenty of pierce sexual harassment in the schools. ♪ charlie: let me go back to this idea of how society is responding because we know from the cover of "vanity fair," we know time magazine did a cover story which i am told is the second-biggest selling time magazine cover story that year with the one exception of the pope. transgender is right behind the pope. ben: it is unfortunate society often sees transgender to b

the ratio stood at 362 at the start of this year. that was down from 402 at 2011. that means there are enough reserves that could if called upon could finance three and a half years of benefits. disability insurance trust fund was down to 40. and that means that the trust fund reserves on the disability insurance side at the start of this year were less than would be necessary to finance even five months worth of benefit payments. this year is 1.31% of the tax base. it may sound like a very small number but that's the largest such deficit social security has ever faced. social security's other sources of income such as interest payments and any redemptions of assets are not only paid from the general fund but they only last as long as there's a positive trust fund balance. after they are depleted the tax income represents its only ongoing revenue source. we need to act to align this important income stream with annual obligations. for those and other reasons it is imperative lawmakers work to shore up finances at the earlier possible time. with that i call on my fe

although i'm worried, peg ratio. we talk about -- i'm not -- i just -- i think it's a good merger, but i wouldn't chase the stock. >> i wouldn't even. directv of a stock, it looks great, i would stay away from the defendant here. and there's always a slim chance that it doesn'tent you up getting approved early, and you have a bit of a risk so i would say stay away. charles: we're going to talk about the market later on. but keep the questions coming. we've got a lot of questions on gold and bitcoin. i'm going to try to put something together on that. because gold should have been up big this week. guess what is? it might be the new gold. in the meantime greece, one of the most fun-loving spirted countries in the world, but did you see the photos today? half the people there simply lost their will? we're going to talk about it. we'll be right back super poligrip seals out more food particles. so your food won't get stuck, and you can enjoy every single bite. eat loud, live loud, super poligrip. super poligrip holds yo

three reductions in the reserve or arm and ratios since february and this has had very little effect.onetary stimulus right now in china really has, they can reduce interest rates all they want, but the real problem is there is a fundamental lack of demand. when we load up this bubble, the bubble was created by the central government are talking it up, and they have been doing this now for about nine months. own what is basically a stock market crash. this is extremely serious. in have basically got people china now starting to blame the communist party for what is going on. pimm: can you speak a little bit about the credibility of chinese leaders? is this a political issue now? >> this has become extremely political. of the rescuent package saturday is clearly directed -- it is supposed to help people in beijing. what you have got now our individual investors around the country saying, what about me, why are you rest going -- rescuing the small caps that i'm invested in? the conversation in hong kong where i am is that the chinese are panicking, they are terribly bumbling this rescue

they will have a similar cookie to filling ratio but the -- except they are slimmer.ookies will contain 140 regular compared to oreos, but who is counting. those are your top stories. coming up in the next 30 minutes, these prices will likely not see relief anytime soon. costs for farmers are going up. and the banks and greece, closed until at least wednesday. it view when they finally open? mohamed el-erian says -- get ready. a deal on soccer with friends could be costing rory mcilroy the chance to defend his title. that and much more coming up on "market a." china, chinese authorities are sliding their meltdown with old and new, like suspending ipo's and putting brokerages together as buyers of last resort. these efforts to prop up the shanghai index has led to comparisons to the wall street crash of 1929. back then as you know jpmorgan and other big financial firms pooled resources and it did not wind up working out so well. joining us to discuss china's measures, the chief investment officer at crave fund advisors, which provides china focused analysis. let's brin

debt to gdp ratio will be stable. eventually as the population ages, as baby boomers age, and particularly if health care as theyse more rapidly have historically in the united prices, wen other will again face mounting budget deficits and a rising debt to ratio without further fiscal actions by congress. this is a set of long-term issues that is not new. we have known about this for at least 20 years, and it remains important for congress to address those issues. i hope that there will be steps taken to do so. >> dr. yellen, thank you so much for your speech and thank you for your commitment to public service. dr. yellen: thank you. >> as a young person working in the field of economics i can say you are one of my personal heroes. my question is, what advice do you have for young people entering the field of economics, and especially for young females? dr. yellen: i think there has never been a time of greater opportunity for women in the field of economics and finance. as i have looked at trends over and, the number

we do have these lopsided gender ratios. we wonder why those are.y research has been on gender differences and depression. the gender difference in depression is not present in childhood, but it begins to emerge between 15 and 16 years of age as you can see the orange bar is going up. it widens between 15 and 18 years of age. gender differences in depression emerges in adolescence. we need to understand why the gender different emerges in adolescence. we have a few genes that have been identified that have to do with depression. it may have to do with pubertal hormones. it may have to do with other factors such as the media emphasis on hyper skinny models. boys have the advantage because they are adding muscle, and that is the way the models look. that may be a factor. we also know that there is plenty of sexual harassment in the schools. ♪ we live in a pick and choose world. choose choose choose. but at bedtime? ...why settle for this? enter sleep number don't miss the final days of the lowest prices of the season. sleepiq technology tells you how

not just from that but from the leverage ratio which is why they're being forced to push those ratios higher but i think that yes, that is the model that people want to replicate if you look at the former ubs cfo who has taken over the deutsche bank. he was behind the very successful restructuring and he's going to want to re-employ some of those recipes, deutsche for instance. yes, i think that's the way to go and they have led the example and others have followed that. it won't be easy because they have different business models. others don't necessarily have. but considering, that think that does it forward. >> philippe i want to move you on to italian banks. you like italian banks. i would counter we saw loans rising up. 14% year on year. also the ecb has been warning some of the italian banks may have to increase their capital levels. why are you so optimistic on the italian banks? >> we like it but it's one of the banking sectors that still trades at a decent disdounlt the rest of the banking system. it's less true today because it's been very strong the performance, of many of

price toking at the sales ratio for the s&p 500.rdg at a here of 1.84 times the sales of the s&p 500. he is saying that is one of the things that could perhaps curtail any further gains. he says it should not be a market timing tool, but it might just be something to keep in mind looking at valuations here. analysts are for adjusting -- projecting that s&p 500 sales fell as profits fell 6.4%. that is a good one to keep in mind. also looking at treasuries and we are seeing treasury prices rise for the first time in three days. yields fall to some extent. retail sales unexpectedly falling to 3/10 of 1% last month after a revised 1% gain. we are seeing yields move a little bit lower on that. also, we are seeking movement on the dollar with that move on retail sales. this is a dip. the dollar. although it has recovered to some extent, little change now with the doubt down a quarter of 1%. asia, itmeanwhile in rose the third day after the yen fell to a two-week low. but the shanghai composite and the hang seng fell. they will report econ

because they have incoming targets in a higher ratio than they've had.ma's weakness is inviting isis now with a country of 10 million people. it's no longer a movement. they have a country. under obama, they created a country. that country is attacking us. and we're trying to have a debate. colonel peters is right. this is not a baseball game. these are front line protectors that are taking incoming fire at a higher ratio because isis smells weakness. we have to defeat them there and here. >> this shooter, this gunman went from one military installation to another. targeting americans and american military. i don't know why we have -- >> look at who he is. look at who he is. he's an islamic radical. >> simon is going to tell us he might not be. >> i didn't say that. i think it's important to distinguish whether is isis and sunni related? or shia. >> why? why? listen. when there is conflict in northern ireland we didn't describe them as christian extremist. we describe them as catholic and protestant. >> this is not about -- >> we need to do a better job

right now the gdp to debt ratio or the debt gdp ratio is 177%, charles. but things have become so much worse recently that the imf says if greece takes this third bailout, it will be something like 200%. germany said it will not consider chopping it, give it a haircut. but there is a lot of pressure here in athens they believe that the u.s. is pressuring the imf to actually force some debt relief through maybe deferring the debt repayments for 30 years because greece is in such a terrible hole whiten that if they can't get their economy to grow, this cycle of debt and repayment will keeping on and leaving a lot of people in pretty dire streets, charles. >> thank you very much. amy kellogg right there in athens. now, despite the molotov cocktails, prime minister is really close to getting approval. now, remember. this will be the third bailout. the number three for greek people and this one is going to put constraints upon them. and right now it offers no debt relief. joining us now heather hanson, also -- by phone we have steveniates, he's the ceo of dc i

it's called the golden ratio. he noticed it's incorrect. >>> the grizzly bear exhibit at the minnesota zoo is closed after one of the bears broke a glass panel. the bear who recollects has a history of being playful, picked up a rock the size of a basketball and threw it at the glass. the zoo is working on a temporary fix so the bears with return to their habitat. >>> and russia publishes guide to taking selfies without getting killed. some of the tips include not taking selfies with wild animals, while holding guns or while standing on train tracks. the guide comes after a string of selfie induced accidents. >>> six flags in new jersey is running their batman roller coaster ride backwards this summer. the park released this video so you can get an idea of what riding a roller coaster backwards might be like. >>> now it's time the get ready for the cutest video you'll see all week. the video end with all six tails wagging. and after watching this we may need to rethink the phrase fighting like cats and dogs. >> th

basel 3 leverage ratio rule as it relates to the treatment of segregated margin. i appreciated your response of on-balance sheet accounting treatment. i would like to go a little further today and specifically talk about the basel leverage ratio extending to off-balance sheet exposure. in this off balance sheet context, why is customer margin collected by a bank affiliated member of a clearing house being treated as something the bank can leverage? when congress very explicitly required such margin be

look at the pe ratio of this stock.s all about what the company deploys in terms of investments. especially if you look at the cloud business. alix: good stuff. thank you. i totally appreciate it. i do want to talk about two other earnings that crossed after the closing bell. atst, starbucks, coming in $.42 a share. but really, it is all about those comps. mobile same-store sales were up 7%. that beat analyst estimates. a big boom for the stock. and visa is also killing it, 25%.t rising this is a good earnings day. joe: solid. all right, we will be right back. ♪ alix: i am alix steel. joe: and i am joe weisenthal. "what'd you miss?" alix: oil and gas prices. take a look at my terminal. these are two natural gas prices -- this is millennium and natural gas -- you can see bam. $1.20. at henry hub, not so good for profits. joe: probably not. another thing you do not want to miss -- the beginning of every pmi numbers, manufacturing date around the world. we get these previews. we get these previews. onight we get ♪ ♪ ♪ get

also look up the ratio a load of debt to equity and also you can't google and ask what is the ratio.es: i love charts. the charts tell me when to pull the trigger. >> look at the fundamentals and the macro factor they're going to lose to the group but also use the charts going into options to buy micron. charles: those are just some of the things. i have whole peace when to buy and sell i still think there is another big lake up. right now is all about china. they increased their reserves why are they accumulating gold and why should you be worried? when we come back. [announcer:] what if one stalk of broccoli could protect you from cancer? what if one push up could prevent heart disease? [man grunts] one wishful thinking, right? but there is one step you can take to help prevent ♪ can help protect you ... from pneumococcal pneumonia, an illness that can cause coughing, chest pain, difficulty breathing, and may even put you in the hospital. prevnar 13 ® is used in adults 50 and older to help prevent infections from 13 strains of the bacteria that cause pneumococcal pneumonia. you sho

they have incoming targets at a higher ratio than ever. obama's weakness is inviting isis which has a country of at least 10 million people. it's no longer a movement. they have a country under obama. they created a country. that country is attacking us. we are trying to have a debate. colonel peters is right. this is a war in the a debate. this is not a baseball game. these are our front line protectors taking incoming fire at a higher ratio. isis smells weakness. we have to defeat them there and here. >> this shooter, this gunman went from one military insulation to another. clearly targeting americans and american military. i don't know can -- >> he's an islamic radical. look who he is. he's an islamic radical. >> you tell us he might not be. go ahead. >> i didn't say. that i said i think it's important to distinguish between what he was isis and sunni related or involved in shia -- >> why? >> he's a killer. >> when there was conflict in northern a ireland, we didn't describe them as christian extremists? >> some did. >> we're talking a

beene what historically typical, the country will face an unsustainable debt path in which debt to gdp ratioises and that requires other actions. that is mainly related to retirement programs to social security and, even more important, to medicare and health care cost trends. we have known about this for decades. there remains a need for action on this front. >> there does remain a need for action. budgetest cbo long-term outlook reports on the consequences of large and growing federal debt. it cites things like less income, savings, lower pressure for larger tax increases or spending, reduce ability to respond to domestic and international problems and a greater chance of a this go crisis. .- of a fiscal crisis p do you consider this along with monetary policy? >> i agree with a set of consequences that you just read to me. ultimately, when we see those things being manifest, those consequences -- in the years ahead, if deficits are not addressed and become very large, they will put pressure on the economy. not right now but in future usrs, likely it will cause to have higher levels of int