the ur o go to a buck 19 today in the wake of doggie. that's going to help out the multinationals for sure. that's part of the reason we've seen the market move >> no question it's a tail wind no doubt about it. but you look at it and say to yourself with, you say 5, $11 in taxes. >> in earnings i totally get that so if you don't, just don't include that, the multiple and s&p is not crazy expensive the leadership which has been technology, it's not showing deterioration from a relative perspective versus the s&p, so i say we're in a period that's almost goldilocks. i think september we could see a lift off >> what do you buy and sell at this point >> first of all, this weak dollar dynamic is interesting. if you break 92 on the collar, it's moved from 29 to 16 with 79 and 103. at 92, you break there you're right back down not saying it goes there overnight or even goes there, but look at what's going on with copper and steal prices. industrial metals. eve with oil i think most are going to call this a hurricane rally those trades have bee

up more than if it wasn't for the fact that the ur o euro has been rallying big time. this makes exports more ek pensive. it's still 6% off its highs of two months ago. emerging market economies have improved. south korea, vietnam, philippines, indonesia, all up double digits this year and the chinese economy, despite co mandated concerns has stabilized. hong kong is up 25%. stocks have been rallying beca the global economy has been improving. earnings for the s&p 500 companies are expected to be up 11% for the second quarter. stocks trade off of future earnings prospects. you can see this in rally for the dow. of the thousand pointns gains that we saw in the dow recently. boeing, mcdonald's, and caterpilla of the five have 50% of earnings overseas. only united health did not. for "nightly business report", i'm bob pisani at the new york stock exchange. >> so, how is the economic and financial stability we're seeing in europe this summer helping the u.s. market and investors? jeff is the chief b global investment strategist at charles schaub and joins us now to talk ab

i want to know whether the ur o urologists will be ready for the forecast that biopsy thing is the most thing in the world >> you're right. but we have to keep it in front of them, or we're going to make a real effort so that this becomes routine for not only urologiss but many of the generalpractitioners, as well. >> this is the type of thing if you wanted to be able to cut the health care costs in this country, from inspections, stays in hospitals, this has to be the easiest thing in the world to do has the president contacted you? >> well, we have done studies to show that it does cut the costs, and not only that, the biopsy, as you may know, is associated with all kinds of side effects, in addition to the pain. so it's a cost effective tool that's a great value to men. i'm convinced it will eventually become a routine test. >> and is that why -- you just continue to buy stock in the open market, even though you -- >> right >> well, let's leave it at that. you've been a huge buyer i know the stock is inex-spentive. >> i always believe in buying -- investing in things i know about rat

despite the graphic natch ure o this video, we can tell you the officer is okay. >> drunk driver clipslice cruiser and then into the officer. even through the pain, able to get up and nab the person that hit him. >> next thing i knew, i was flying through the air. felt like i was spinning through a wash machine. >> officer is recovering from an injured foot and fractured vertebrae. >>> now to florida, where an airport worker struck by lightning is home from the hospital. >> this is pretty scary. this video shows the moment the lightning hit. here's the moment from two weeks ago. see lightning striking the tail of a plain there. this is fort myers florida. the worker there circle another angle. see worker walking underneath the aircraft. that's when the lightning hit. throwing 21-year-old dun back ward. he was released yesterday. suffered third degree burns all over his body. doctors say he's doing much better. >>> let's talk about the weather. we had storms roll through. no thunderstorms last night or were there. >> there are spotty isolated thunderstorms. didn't move. saw heavy downpo

including those who were wanted by the law.owhe celebration of e pon o. was too much to pass urs now." >> that's great. the easiest stakeout ever. >> we're just going to hang out here. >> just two years, we're going to get him. busted. we'll tell you how the sun ended up catchinuld-be cok >>> but first, let's talk about the president, who is opting against an abrupt exitm afghanistan. >>t > yse doesn't want tcrusing to give al psent prepares to hold a rally in metables and ma that the u.s. commitment is not unlimited. cecelia vega has the latest from ft. myer, virginia. >> reporter: president trump hep one of the worst wee presidency, announcing a new afghanistan strategy that could send iros. >> we are not nation building again. we are killing terrorists. >> reporter: the president following the advice of his generals, who argue the only way to ultimel back the taliban and isis is with more american boots on the ground. he did not give a timetable for withdrawal. >> we will not talk about numbers of troops or our plans for further military activities. conditions on the ground,

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the area. >> ♪ ♪ hey, is thisur o tn?ur honey...our turn? yeah, we go left right here.) great adventures are still out there. we'll find them in our subaru outback. (avo) love. get 0% apr financing it's what makes a subaru, a subaru. (avo) love. for 63 months on all new 2017 subaru outback models. now through august 31. ♪ ♪ isaac hou has mastered gravity defying moves to amaze his audience. great show. here you go. now he's added a new routine. making depositing a check seem so effortless. easy to use chase technology, for whatever you're trying to master. isaac, are you ready? yeah. chase. so you can. >>> just a bit cooler outside this morning by a couple of degrees. you probably won't notice it, but you will notice already sunshine and hardly any drizzle. 54 to 63 is our spread. santa rosa city schools heading back at 77. and san mateo-forecast foster city 58 and cloudy right now, 69 and sunshine this afternoon. my accuweather seven-day forecast, summer's back for thursday, friday and saturday. hey, natasha. >> thanks, mike. the latest on the verdict with the taylor s

o soalecit avtonoth t soalecitsyemas veroesveenit stcte. aowarr,ou a fuay plinve10 ur ara letearng inatndjte n we nftibu ers very high replacement rates at the bottom, they're getting higher replacement rates for social security, but there are some that have nsions and have other income. question] >> well, the replacement rates are inflation adjusted. about inflation adjusted income in d. plus one before retirement. the periods, it wouldn't make much of a difference. >> what ias talking about is when people talk the bottom of the formula is 90% of wage adjusted lifetimearnin, turns out at least historically, we hope it happens in the future, wages hav grown inflation so as a percenwha what they actlly earned in real terms, you're replacing a higher percentage. to add one more thing, the tes are in there, too. tax is going to be huge and social security is not be taxed so their net of the tax bill goes down and that helps also. >> i'm glad you read it more recently than have because i forgot that. >> if you had somebody in the 90% replacemt factor at the very low end, but they're losing security and medicare they're nx and paying txes in reti

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