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Just today how do you make money -- this kind of volatility joining us now -- parish director.
Investments at -- -- asset management thanks for being here Teddy problem let's throw the -- big picture earnings here.
And and Europe -- fear over their -- Europe fear is it overdone.
Well I'm not gonna say it's over done and I think that there are still some major issues with Europe I mean -- -- -- recession.
From most every -- is fed to system nation.
I mean we haven't seen the numbers yet so I mean there's good reason to be concerned about York.
Not think that what what I've been paying attention to is earnings reports from from my companies and what they're saying about.
Europe and how's -- gonna affect their sales and he's going for but all -- all for earnings season here in the US.
I think it's been battered and at what everybody expected.
-- still a little cautious.
Yeah how I'm still a little cautious about -- What Apple's gonna drop tonight in our -- some of the -- -- last week has some some numbers that weren't as good as they want respective at all and all of the quarter so far Tokai Tokyo's move above specifics now your picks -- you showed no fear but he got -- meltdown for -- -- apparel housing quite sure you'll have.
Actually yes and no one quite well I mean they have a lot of exposure to Europe about 33% which is one reason the stocks down a whole lot of the company -- a really good job.
And keep in the quality of their product in sick.
You know they have licensing deals that that you -- very high margin business and that the reason I bought his because this is down a lot over the past year and it's and it's cheap.
On the headline Bob -- -- cash was put this below below to a single digit.
Let's talk oil services you came on here mid march yet -- picks and then down since then Apache down 15%.
And that spider I EC down 8% explain yourself sir.
Well a you know that they had them we're -- yet.
But I think it will.
Over the longer term even this year you know natural gas prices have pulled back a lot which has Hurd patsy and also resist matter also gets back the pull back a lot but I think their production is up.
And demand is gonna stay pretty has so those should be -- -- a little further out okay and then -- you've finally got back in the banks which he did not like with PNC but let's let's cut to what you've got rid of PNG I thought the economy is gonna be lousy one on those Staples key brands like PG -- you got rid of a lot.
Well because it's been -- over the past three years Dennis you know PNG the company ahead market share.
And global dominance but they've been losing market share and three key areas you know diapers shampoo and raisers -- some believe -- that consumers.
The sad to keep continue to bottom lower margin lower lower cost products and you know so it -- the business is mistaken it's hard PDs market share -- -- -- lost their way so I'm moving on to higher growth opportunities within Staples and discretionary is.
The decades but more so more so -- -- thank you very much de Paris have today.
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