jonathan: terry simpson staying with us.on the back of that lunch yesterday. $999 for the iphone 10. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. jonathan: from new york city to our beers worldwide, i'm jonathan ferro. 60 mins from the opening bell, the story across assets as follows. futures softer after closing yesterday at all-time highs on the s&p 500. we are down attempt of 1%. -17 on the dow. data in thenomic united states, this is what the fx picture looks like this morning. euro-dollar on the front foot. atasury yields unchanged 2.17 after driving higher over the last couple of days. economic data drops now. we come in at 0.2% on ppi for food and energy. excluding food and energy, we come at 0.1%. that is

that just doesn't happen without rational sense >> terry, thanks for coming by, terry simpson, blackrock >> selloff doesn't happen unless there is a misstep and it's never the selloff that we see coming. it's always that event that no one had any clue was there, oh, my god, if i had known this i would have liquidated my positions. i wouldn't underestimate the ability of the fed to screw this up >>> coming up, "mad money's" jim cramer sitting down with senator elizabeth warren just moments ago in an exclusive interview, he'll be here to tell us what she said and the telecon giants are in talks for a merger again how likely is a deal this time around we'll tell you what the ads trer are betting. more "fast money" after this at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. and at $4.95, you can trade with a clear advantage. did you hear directv's latest deal? it's cheap and gets you all the big games. it starts at sixty bucks a month, but