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And Hulu plus does not come -- I'm Chris cut its innocence Hawaiian you're actually I didn't that.
We did at least for today is yet two more days left to prove yourself worthy before the end of the week you've done this show so many times you look at the office.
You know good -- to -- back -- -- when he talked about how it was a good sign that we didn't see a big sell -- yesterday.
Now following the big rally that we started the week where it were up about thirty points in the Dow right now that's a bit of optimism.
Make up for our losses yesterday and we had dumb overnight I just kind of noticed the -- he can have negative tone the earnings yesterday.
And you overnight these kind of sat back at CBS talking about ad revenue coming back -- Priceline people are traveling Priceline doing very well.
So some positive earnings last night I kind of had a feeling that what -- -- -- into this morning although futures were down and then all of a sudden in this -- sort of typical of this market.
We get this eighty.
Private sector jobs instead of 40000.
And we immediately turn on a dime in me go positive on futures as if that extra 2000 was suddenly in -- may get for this.
Kind of but you know all about what that ADP report might be forecasting for the job -- And from the government on Friday into the markets you know other sensitive right now it's just I told you this yesterday's isn't a typical summer I mean it's -- didn't market watchers it they're not taken vacations they're they're working on it on all of -- There were in it and -- Danny keeps us busy -- tendency to hopefully it -- the markets -- and iron would have thought about that -- -- -- -- is here with this principle agreement financial all the way from Cleveland to -- jump out of the CEO thanks for making the trip.
-- Do you think this is a positive -- -- the -- -- -- in general update Monday down a bit yesterday in the making up for today.
I do think it's positive and I totally agree with -- it's a very retail news driven mark.
You know would have been interest thing I'm glad it didn't happen but instead of 39000 of -- -- 37 if we'd see it weighed down -- and I think we might have because.
The market just seems to be very react.
-- how does it feel like that's because it's not easy for the average investor the stomach the volatility that we've seen in the markets lately assists -- going to be something where if you write out the rest of the year.
But as far as -- the next ten years this kind of.
Sensitive are -- looking into that cloudy crystal ball of mind that I think we're gonna see in awhile but certainly.
Not for the next ten years I think people have a hate fear hanging over relay -- were only eighteen to 24 months.
Out of where we are staring over a cliff at a financial worldwide meltdown.
Thanks so fears kind of holding us back in in my opinion in this American people are reacting.
To the latest news day by day.
Does -- thing and sort of bring the masses back off from that cliff you know it can really get us moving -- range bound.
Reducing the news -- positive news -- 200 negative news we're down 200.
A 440 down thirty be sort of be right in this range anything that can break -- above or below it well.
I think the biggest thing which is should be no surprise to anyone I think -- -- employment numbers.
Were hovering in that.
Nine and a half percent range and you know we're excited that we.
Beat the estimates by two or 3000 -- But that's really the -- when people have jobs and when the unemployment -- start creeping downward.
An album by half a point -- breakthrough that 9% range -- -- that's we gonna see real confidence back.
In the economy and therefore the F.
Some are -- -- crystal ball then I'll ask you to do -- and -- and because this Friday.
The expectation -- unemployment tick higher to nine point 6% so.
I think in regardless even if we shed a few tenths of a percent -- you -- -- planet number we still be above 9% dry -- we really start to see jobs come back.
When do we really expect to see things in prayer.
You know we all talk about that small companies had the growth engine of this economy.
And the reality is what I'm hearing from our clients on an ongoing basis which are small.
Businesses out there.
That they are very frustrated with her inability to access capital I mean the main simply are not loaning money.
To any large degree to smaller companies they want those fortune 500 large platinum type clients.
To loan money to do they have overreacted in my opinion more dramatically than the average and faster and -- I sense that there's any thought.
Cut it out there there's some phone line.
There's some fine.
I mean a year ago was tough to even.
For the average person to get an auto loan least -- -- that people are able to buy a car and borrow the money so there's some falling.
But the reality is when banks can borrow money it for free basically.
At our -- -- tax payers.
Loan the money honesty you yield curve -- almost -- free clients.
And then invest arrested 2% in treasuries and it's not a bad business model but I unfortunately we're paying forward our tax credit businesses -- Given that situation given the fact there is so much uncertainty and we're getting.
They're pretty lousy economic data is still jobs not parade all this stuff.
What are you looking -- where you -- ample money to work right now.
What we still believe in the equity markets were cautiously optimistic.
When you're asked me look in the crystal ball toys -- -- to venture a guess but my expectation is we'll see the market.
Measured by the Dow over 111000 by year -- not a huge.
-- Increase and I 3330.
Foot from where we are -- light and sound very hello I think that the I think that's bullish -- Inaudible I -- -- really now I don't think that's so bad that's all that man the kid or higher that's better.
We also are.
Big believers and international particularly emerging markets we think there's.
There's volatility there to certain -- but we think those are the growth engines of the world economy.
We also believe.
Our investors should be diversifying into commodities 03 to five -- out.
After my -- are connected so that's where that's where -- obesity on a daily basis while it right out into the commodities markets and we have been reporting.
-- agricultural markets everything from coffee sugar is experiencing large gains.
We always look at the metals market to look at gold silver copper but agriculture -- just seems like it's a hot spot especially for the hedge funds are -- right right.
For the average investor who were recommending anymore a little more diverse and diversified may be more money -- approach into.
You know on no load.
Commodities -- a good example is the Russell commodities fund which is diversified smaller investors can get into it.
And it's the underlying managers because -- an investment consulting firm.
-- Goldman Sachs and Credit Suisse okay -- They're both in the -- they bring a great deal of expertise in diversification still volatility.
-- You're not that -- not asking investors to pick coffee vs soybeans or eat out I think -- -- -- -- yeah Barack is there isn't one thing you tell investors stay away from.
Real quick right now well I think the biggest concern -- I would certainly be staying away from any.
Fixed income securities over over six year duration I think there's tremendous risk with not a lot of upside potential there beautiful show.
Thanks for stopping by Canadian.
Take the CEO Joseph -- agreement financial joining us -- getting us up to him his thoughts about this market right now it's up thirty points.
Positive about earnings early in the day positive about the ADP reported positive about what's going on in the gulf Adam Shapiro joins us right now.
Well I understand we have a milestone.
On the golf -- please share with us your thoughts.
We'll -- that BP is saying you know that they've now got static kill success with this well because -- heavier drilling mud has pushed the oil and gas into the reservoir back below the rock behind me -- -- of the ways you can see.
You know the cleanup efforts all along the coast still continue they have over 800 votes still skimming -- -- out in the gulf looking for oil.
And they're -- decide later today whether they are going to cement put cement into the leaking well that would only be a partial solution the absolute end of this whole thing.
We'll come possibly next week when -- finished drilling the relief wells and inject cement and and hopefully -- then declare victory and walk away from this but the people who live on the coast will be walking away anytime soon.
Couple of reports came out just within the last hour of the government saying that of all the oil released four point nine million barrels.
45% of it dissolved in a little microscopic droplets that are still in the water.
Was even mitigated burned or.
You know collected.
And then you've got roughly 25%.
Which is still just out there.
And the oil that's -- -- -- there -- of concern people on the coast because nobody can definitely declared that the impact.
He's -- minimal or is disastrous they just don't know what the impact is going to be on the marshes as well as the ecosystem down here.
One thing that we can tell you is that Alex -- -- Who is with the Louisiana you universities marine consortium.
Spoke with us here about -- went out yesterday on -- -- today and they were looking at the marshes and they actually told us.
That the impact seems to be no different.
Then what you would have seen from natural weathering and erosion based on the water as well as climate change.
So that's important you've got a scientist you're from Louisiana was inspecting all this stuff saying that the impact on the marshes appears to be much less than had been there.
That's the latest from down here right now Adam.
A quick question you may or may not even know the answer this nobody may know the answer to this would seem like just a little while ago.
We -- seeing photos from outer space satellite photos of the oil slick in how huge it was and how much oil was down there.
And now we can't find any of this -- is that really true what's going on.
Yeah I don't know the answer to that yeah I -- the -- but I think you're probably -- in this isn't it nobody.
That was the is that where did this oil goal at least the supposedly they -- still out there all allowed the.
The -- a lot of data you know -- they're saying 25% of it evaporated.
33% of it was either burned or collected and another percentage of it broke down naturally in the water.
-- I think in the end unhappily Adam not gonna ask you what are you -- as far as the return of that beneficiaries and and fishing in the ball are more boats heading back out or.
Are opening their net news they've opened up their opening up fishing areas and a lot of -- -- -- less -- Mississippi.
By a guy thank you mean this thing around the camera picture them.
Volleys these votes -- -- as I walked ten day extreme close up.
-- -- right here these shrimpers and all these fishing boats they're still here is vessels of opportunity.
There's still part of the clean -- yanked the real concern is his BP and leave these people high and dry one's victory is declared on this well.
And you know ignore any potential cleanup that would have to continue on over the next couple weeks he's got tar balls washing up on Randolph back and back.
-- a good safe.
Adam -- Oh down on the Gulf Coast -- such diving teams are putting the a diving teams to look for the oil.
I mean this that adds up to 70% of the oil left the -- like those goes both of opportunity and how much work left ahead of them.
I was thinking months and a year out the oil was still going to be there would be cleaning up and 83% of it is already gone -- Created there is the expectation that a lot of what about Graham don't think anybody could predict what was gonna happen or what's going to happen -- -- set that safe to say good will never seen this before.
I applaud all those who cleaned it up now -- -- very good job Irish take a break we'll be right back 1212 -- about.
-- -- Six points.
Welcome back market's up 37 points solid.
Solid center will call would you say that the actress is doing in his lately real road crew -- -- you describe that this.
And it didn't break her apartment that -- probably.
I think you know -- that -- Saddam laughing and now I feel very happy.
But use it today or grumpier yesterday at thoughtful -- will be tested and making progress and -- -- to -- markets today it's.
This like Americans that I actually speaking of looking at how pretty is Santa Monica California -- Jessica Caldwell sauce and -- Edmunds dot time.
Analysts over there Jessica thanks for joining us.
While -- -- at Santa Monica California I think.
I mean we got out of the auto news that yesterday was -- sales from forward.
Some calling it flat some calling it impressive up 3% General Motors sales up.
You're talking about -- You're looking at -- and the bulls.
And there's an interesting story happening here you can probably tell -- a little bit better than her.
He out -- it is a few things going all of the -- they just announced price seen on the ball last week 41000 dollars they're gonna introduce at least for a 350.
Dollars and is still trying to get EPA ratings.
But -- -- think they want prices a lot of controversy around that because of the -- lease price -- -- -- -- purchase price.
And also the availability issue in terms of our people actually going to be able to go to their local Chevy dealer and get that price -- -- that -- because of the short supply because they're pretty confident.
That they're gonna sell out they have more than -- people to buy -- so.
They -- there could be some controversy don't know until on the road in terms of what are people actually paying for that vehicle.
We're talking about a high price here and we also talking about.
Their thinking obviously if that dealers -- -- Jack up the price by 20000 dollars in some cases which is what we've heard.
Obviously there has to be demand -- -- GM and increase production to meet that demand is that demand artificial do you think that really will be there when his car started he's.
I think I know everyone's interested is because it say about the new -- it's a new -- a lot of people you'll see that through fifteen month built a -- and they handle it affected us and I'm paying for.
You know what -- -- -- that I don't currently I should just buy this instead and I Cano have somebody numb my neighbors will drool over.
But I mean I think what I actually hits the streets and if people don't get -- I think that that kid you know cause a lot of anger and you know confusion and I think should be an interesting opportunity here because right -- the -- is not an appeal to the average mainstream Chevy -- so these are new people into the plans they have to be very careful how they treat them.
And having dealers out there and the bad enough it's every dealer about it you know having -- in -- trying to charge over 20000 dollars over MS RP.
-- is good for them and it's scary -- these new customers.
So I mean I think this.
Pretty pretty -- it felt like thirty -- let me -- So put a price check out there who believes.
There get the customer actually get them to write and call it whatever and then and then came the Q and that means there could be some revolt against the company if this is really what's going down.
Yeah I think -- -- -- set up their dealers are independent business people on May do what they wanna do that ended the day people cannot by the senate products without going into -- dealer.
So I'm in terms of trying to work with them I mean they have to because.
Again like you said people could get angry and they they think they want this car they think that it's you know ticket price -- a lot of -- for that they're fifty a month.
And they'll get in there and they're treated badly same well you know we're gonna charge you this much over sticker and feels like Hayward is gonna get into the next person there doesn't seem like a good way to treat customers especially for our company has gone through a lot lately it needs to come back.
Yet -- end up leaving within him Pala offer that lots.
That -- that what do you make about the numbers that we got yesterday for the month of July everybody up year over year that's to be expected you know.
But what do you make of the direction that we're heading in right now eleven point eight million units on an annualized basis -- a better than expected.
Yeah I mean I still think that's all I have potential to be a better months.
When you look at what was going on it started with the holiday weekend with fourth of July that went well.
And we had great weather you can say was January and people were stuck in snowstorm that didn't happen.
And also a lot of auto makers offered incentives and knowledge -- -- offer incentives they advertise -- some people thought hey if I'm looking for cars could be a good month to do so.
So I think when you have that.
Combination I think -- -- cells really have potential to be better and they started -- much better we started off the month that over twelve million far.
And it didn't finish that way kind of distant trickled off rather than have a strong close sell -- of good access -- disappointed.
-- him -- quick on that I was hearing arguments and some -- these auto makers are making more per vehicle although they might be selling that might be a little disappointing but they are they having less incentives and they're making what for vehicles that true or not.
It wasn't much vehicle and what's vehicle line you know I think there's a lot of talk about now.
And you know in terms of auto -- putting more amenities more features and making my money on things like small car whereas before about what had just been a really small profit margin Balaguer had.
The upgraded audio leather seating was never existed in smaller cars they do make more profits it really depends on -- case by case what are you hearing that's got that people just.
Heading back into the showrooms and actually looking at cars than we thought it all out just almost.
Hall you have people going into the service -- ID cards.
Obviously -- sales numbers indicate that the fewer people are buying cars.
But I'm just curious about traffic -- you know sometimes the sales don't represent the number of people that might be in the hunt for new car.
I know the criticism earlier this year was -- that you know there -- a lot of -- business stunned by the automakers which made cells look even better when the retail outlets those soft.
I was still think people come and there's a lot of pent up demand out there people having -- recession has gone for over two years now.
And people at the point where they need to buy new cars so -- definitely is a buyer base of people are scared and you know there really isn't a lot of indicators that makes people feel as if the next few months are in the short term things are gonna look a lot better for their own personal financial situation.
And I think until that turns around it's still going to be a lot of hesitancy hesitancy in the marketplace just.
-- -- he was seconds real quick on -- earnings last night pretty good we see a rebound for them.
-- -- -- a month for really great in the United States I mean in terms of market -- they client.
So hey you know could be you know sign in terms of -- is moving on from from -- -- issues that they had earlier this year so.
You know with what sells them with Ernie and Phil looks like that's something to be that happy about this morning we've got some going.
Regardless of anything does this -- make cars that people -- right.
They regret its forests and we're thanks thanks -- yeah.
Thanks Dan says yeah you're -- you're hearing and appreciate that -- that I don't think probably mr.
Obama it's gold gold is very -- moment pocket this.
Look at that let's go to Jeff Flock right now talking about cards all the -- and a wind tunnel Jeff he'll look very aerodynamic -- my friend.
I you're about to find out though our kids -- -- we are again.
Look at this place this is the largest automotive wind tunnel in the world here at the GM tech center in Warren Michigan that you see off the great.
Cavernous space -- -- actually tested locomotives in here but right now testing and we can go ahead and kick the wind on the -- got the -- I thought -- this is fish Debbie crews.
This is how they test the dynamic nature.
And of design.
Some would blame this place for perhaps they're bringing the what you call the wage design at all -- seem to.
You know would -- be hostage to with a moment at the same time.
It's had tremendous success.
Developing more aerodynamic car so that they're much more fuel efficient.
Now we're getting wind at about what are we out here about about 3030 miles an hour.
You -- will go up to thirty you can see how -- Chevy cruise which by the way gets forty miles.
Per gallon of you can see how -- didn't you know that the air flow goes over very.
Very smooth air flow this is what you want.
-- -- -- because you have to get out before it gets real.
-- real crazy so he's got away but we of course.
I would like to experience a full power of the wind so I would have to put my glasses on stand -- -- commitment that night.
I'm gonna turn you guys up sort continue to hear you.
And now we're gonna -- Powell much of a win we can get here we've asked them to.
It goes up to 10030.
-- like -- a whole lot.
I was up -- I don't know him.
There are -- Your daughter.
-- -- -- -- -- What they have the error.
-- waits these are out a sophisticated system of weights.
That is essentially tell them what other cars lifting off the ground or not I think they're bringing it back down here.
So that I kept my -- that was phenomenally well how how high do we get up their Bob.
All -- we got guys 100 do we get a hundred we got to a hundred.
Did well not on the dot Gabor got to go home.
We're gonna do one of these for the F Fox News Channel and then love for Fox Business Network later we're gonna see we crank it all the way up to a hundred and wanting.
We'll see it was a -- Edwards.
You have to not -- the -- has the experience.
Of the hurricane winds do you have an eerie how do you view new -- it.
Well they were somewhat reticent to let us do it I think -- what -- win back on here and I'm -- my classes.
Mind enjoy yourself and I was playing and I -- it doesn't hurt me.
GM when I love -- Proving that even the.
Unlike -- strongest and most.
You know just hard core of TD hair helmets can actually be moved in a wind tunnel there and mr.
-- that -- brilliant stuff is there a great idea though.
The way to test these cars and don't.
No way we know that that car would be very stable that -- environments thirty miles an hour for the cars.
And the smoke in the next guy took off and they -- -- -- to honor malls and -- and as he said later on on FNC.
And at the end of his that we he's -- receiving yet that the 125 top speed.
At that at that GM -- I was by the way they've been using for thirty years.
And putting all the cars through their paces as they try and get -- more aerodynamic.
And what can I can actually Carter does not even gonna have a women's shelter is just an area like this that they do it old school like you tomorrow delays and mild season push the windshield mounting that keeps will what's -- jeetz.
I -- it's a quick break we'll be got a lot when he gets you laid on the show so I'm going.
-- welcome back to the show Mike in Boston Jeff is the -- -- where he reporter in America you very well might be.
We certainly -- -- and there's nothing better than her poorly you can descended to a guy had to stand there and on Amano in in -- let him go.
And watch it and enjoys and here you did they father grandfather and he loves of course and -- -- in this market higher and I because -- 55 points and a good that's close to look.
Our high for the days and Time Warner is one of those companies moving -- I -- with a high volume stuff just that all up just a little less than 1% on the day.
No more -- well they had ad revenue higher this on the heels of CBS last night -- ad revenue was little higher that's good news for the economy some Time Warner moving.
Ralph Lauren up four and a half percent plus four point 6% -- they checked.
57 cent increase in fiscal first quarter profit comps up 7%.
They raise their sales and profit figures for the rest of the year.
Ralph Lauren polo high end at retail at like the sun and I think that bounced back before the middle market so.
Yeah it was much more affiliate there let's keep the bill and Ralph -- by the way is probably -- it easy the coolest guy in America -- -- -- cooler out when you think of -- picture Ralph Lauren is and he's always uncomfortable clothes that he's never any it's uncomfortable he's kind of leaned back against companies out in the country.
This amount -- -- posing and one of the executive.
I'm with about 800 million dollars right now and I'm loving it you know I think as of the coolest guy daughter Dylan has all the candy store -- -- issues that so I didn't know that okay electronic arts also moving up six and a half percent.
Be a top line be on the income line.
And it's those Vietnamese -- has gotten beaten up it has not been a good.
Year and half for video game makers and electronic arts getting it done this quarter up Priceline -- mention them up 22 point 7%.
On the day second quarter profit nearly doubled blew away expectations you know William Shatner does those -- -- adds.
Reportedly -- in the UK telegraph 600 million dollars.
Endorsing Priceline because he took stock.
And not as for making that deal I said.
Heard playing the role but commander but Murdock in airplane -- we -- -- 600 million dollars just for that's.
That was sheer brilliance by the way I thought after cashing out and that's -- -- -- -- -- an -- you'll probably.
You'll probably by this lunar shuttle that was in airplanes it with that kind of money -- my number one.
Barnes & Noble ridiculous.
Com under pressure from billionaire investor on -- to sell it was down -- -- it was up 22 point 2% because the stock that's been down 33%.
And then you -- in they're gonna sell it.
Obviously the premium should Jackson way up so up 20% but still on the year down and really hurt me when you talk about.
You know -- Amazon.com Scott king -- got people trying to it counter that but we're hardback book store tough tough go of it right now.
On solicit equities and move in the market right now -- -- your own trade for those out there to keep and I don't.
A -- so you know that.
The trade segment has been focusing in large par on Asian demand for raw materials and commodities while the trade today doesn't focus necessarily on one of those raw materials like we've been talking about some of the green markets lately -- the demand for copper and -- those.
Different kind of things but like you heard from our guests at the top the hour -- -- Dry heat said this is the hot player -- -- Arab culture.
We're looking at the fertilizer.
Companies all blended in particular is accurate reported earnings today beat Wall Street expectations is actually the third largest.
-- fertilizer company in the north and there it in North America -- AGU.
This stock by the way has gone up 30% over the past months since we've really been seen as commodities like come into action.
Bob crop nutrients you name it this is -- company and that's an amazing.
Stopped her for age you over the past month and -- just been on the terror.
But -- quiet as Asia and India and Brazil all demand more food more people but at economies recover.
Bring the grain prices are gonna go up demand for those products are gonna go up and you're gonna need more per classics that is the play here AGU -- one of them.
Citigroup's very bullish on the fertilizer stocks.
And then the other -- -- want to look at one of the largest grain processors in the world.
Eighty and let it slip by -- eighty yen Archer Daniels Midland reported earnings.
In the past week.
Very very strong earnings is that and other agricultural -- by the way or another stock that -- big gains.
Over the past month but this is a company that would have reported that stellar -- look at very similar stock chart Chris but.
-- the big commodities boom that we -- and in about 2007.
You know these prices are still about half.
Of which they were at the top of that I -- you vote so they could have a lot for that Iran has Citigroup's argument for why they're very bullish if -- a bottom line -- and also just like -- and saying.
Private their primary bullish reasoning behind why they're adjusting their earnings -- -- cataract is Asian demand.
You can't help that I mean it's it it is what it is that there's just there's a growing appetite.
For Roberts girls over there in Asia and that's driving -- price that not only the climate by companies that are associated with.
Making those commodities happen like the fertilizers.
And that if he goes underneath feeding livestock in the China India all these developing nations want to -- more meets death adding more -- -- died so you write that feeds into it.
And it's a stock pickers market -- -- still because bunch is another company that I remember the other day to the big hit.
We're on I guess it was last weekend last week and obviously -- at that chart over two years not so great for them you have other big companies like potash -- -- stuff yeah.
That yeah -- is another -- -- -- to take a look at so there's a big space there and it if you really -- it like you said if you didn't don't believe in the entire factor from the individual.
Companies you can read about Blake -- Graham are like -- -- for example have huge exposure in China us if you think this is -- China driven story.
You can -- -- based on -- good stuff thanks senator.
-- it's a quick break we'll back.
I welcome back everybody.
If there isn't it -- and I think you had a question for me.
What about you address the -- of going to not.
Top you -- an answer that question the topless -- I wanna know what color lines that France was you won't even answer from them and -- -- You stand and says hi Stuart Stuart Varney says -- is -- inundated as paint and it doesn't hold discussion about being colorblind has 60% of men are colorblind.
And I say well there's a reason.
Why would those -- went Teledyne -- by the fact red and blues is that -- it's you know you're being too Smart woman.
They know credits as the answer that question -- -- a question that he has the answer is what every other question out there at into the phone dog dot com no gonna say you.
The -- to a question for you yes -- that he.
The president Barack president Barack Obama Roger Clemens.
Andy -- -- -- what do we have in common with so easy I know the answer this are -- Well the secondary answer I can -- the first on television.
Second I saw you birthday -- in right.
Yeah it is indeed and -- that they know are you happy birthday to the present are you old bat as the president or the rocket.
I wouldn't take.
The president I hope I don't at least look is always the rockets as the Tuesday night -- -- and based on the rockets.
Supplemented scene you're probably younger on the inside and the on the inside.
Yeah exactly let's call it something brand new unlike that it made us the towards 9800 what do you make it is from blackberries of the game changer for them.
-- you know it's very interesting I did piece on.
Today -- yesterday in New York with the AT&T I was -- there and I'm California.
Adriano our our reporters was there.
And so -- -- -- -- her last night about it.
And -- aside from.
-- minor lag.
And in some of the the performance of the a minute operating system has left the lag or sort of a pause when Mike away it is loaded you have to -- and -- -- -- -- -- that he goes.
I think that she said it's a great device it's the -- -- the screen is nice you know legendary Blackberry keyboard the whole thing.
And you know not only -- that a device but they're new operating system OS six.
Which looks to be you know they didn't -- -- enterprise -- -- used to the simplicity and got a solid messaging and all that.
But now that they're bringing in more of the social networking totally revamped web browser which -- after honest look at what's two looks to be really good and I was one of the big things.
You know a lot of Blackberry loyalists I know really what I guess are decent web browser and looks like now they've got it.
So yeah this this is it's going to be a big deal.
Our -- so I'm kind of -- the lead the in the mode where it I'm moving past the iPhone and those phones they're trying to compete with the iPhone.
I -- her new York and I feel I've got -- a tablet guys and gals.
Are we didn't want competitor for the today.
That I had I guess so we we definitely are you know there are rumors to get around about a Blackberry devices some sort in fact apparently.
I've -- -- black -- dot com has been taken so we may well see.
A Blackberry tablet in time for the holidays around the new operating system you know looks to be more touch screen friendly and -- more the features that.
You know you might use on a tablet as opposed to -- device where emails going to be you know you don't mess and we -- the killer apps I am lot of talk about it.
Paul now that HP bought them keeps -- coming from -- And got this company called Nvidia.
Who people know them gamers know them as a graphics card company.
And -- and they've got this chipset.
That you know we've been running around following them for a two years now since I saw develop.
Version of some running this thing called tegra and two years ago it was -- in high definition video.
Out to a big flat screen -- the whole thing.
And down the AI they've been rumored to be working on something meeting with Verizon.
I -- And I'm here -- some buzz that I don't know the president not -- some comfort from them probably involving android also in time for the holidays.
So yeah you'll you'll see the competitors hit I think in time.
You know that the holiday shopping season Thanksgiving time that kind of thing.
Remains to be seen you know if it'll catch -- and.
It all is that universal size you think that for the iPad three get a little smaller.
The other is the line between the phone and the I've had -- -- -- -- going to be Blair because in -- in the Samsung SI think it's what it is and yet again as he has got the Droid X with a bigger clearer screen W more that this.
Leave the I'm talking you guys on the T-Mobile -- galaxy S -- vibrant.
And not yet you know it's kind of like there's not just orange -- they're CNN there's electric orange tangerine the only time -- you know and now you've got.
Three and a half inch touch screen you -- iPhone -- I did -- galaxy -- is for -- you go to Detroit extra four point three there's a demo coming out that's going to be more like fives.
Let's talk about seven engine and the iPad he knows what -- not an -- here so.
You know I am what's the story goldilocks and the three bears this once it is supposed to smallest is just trade -- around that.
It doesn't make -- -- smaller Alison they're now making them bigger and that's batter yeah.
I myself you know.
-- -- -- it I have for a wild you know more for work purposes and personal and I.
I find myself going back to you you know if I can do it on the phone from it from consuming great and I need to work.
You know I need to go to computer the keyboard and everything job now I don't what think the latest coolest apps out there guys has something interesting.
The latest coolest apps.
I actually you know this arena sound latest and coolest guy I've been we -- you reading.
For the first time really -- in the past month or so I have been trying.
Not reading the same book on a different devices so got -- Barnes & Noble nook got iPad I've got -- running on android.
That whole thing and I'm starting to understand not always been you can only -- you -- close enough you know paid her books and magazines and stuff.
But I was trying to get it now could you have a -- -- my -- actually reading more than I have in the past two years 'cause it's always with me and I used to -- the book -- -- -- that.
So -- the other thing that I think is really big -- music guy and a little bit of a war started to happen in the US.
-- with these subscription based all you can listen to music services.
And that now remind yourself is usually called Margaret just came out polish radio -- -- Rhapsody of course.
And the cool thing about the newer ones is that.
You can doubt it's not just streaming -- you have to -- -- you can download -- your phone and as you keep your subscription up you're you're paying ten bucks a month.
I you can load up your slower -- on with music and you can listen to -- you -- you're on a plane you're gonna.
-- -- -- a new Yorker whatever what are you don't have service that it means that that's pretty interesting and of course a lot of rumors about.
Apple since they bought this company law law -- while ago working on some kind of cloud based streaming.
Music and possibly video.
Solution I can think it maybe that'll hit.
-- -- good -- to rule it out at their traditional -- -- event in September I don't know vehicles are.
-- -- -- know crap that's that keep the phone dot dot com all the latest on all the gadgets thanks Noah thanks my pleasure thank you.
I happy birthday -- well I think since he knows birthday -- Roger Clemens and our president was President Obama.
Also other than that and she's sitting in the cage with channels although with the president 49 used to be mentally -- Obama vote on what mostly united.
We'll come I had is this crazy -- Story about.
Bristol Palin Sarah Palin's daughter you know and Levi Johnston -- I -- you know.
They don't want to -- intent.
-- -- -- Their marriage right this is a huge deal there are very very happy that -- weekly an exclusive.
Mitt and here -- that they're gonna get together they've already had a child together but of course they have their differences.
They got to get a -- they announced south weekly without telling bristles mother Sarah Palin which you know arguably with not a very tasteful thing to do.
-- doubt that it -- off.
-- this according to People Magazine.
Apparently the day they announced their engagement things all went -- people -- calling to say congratulations.
And Levi Johnston -- at Bristol now says he's going after failing that wasn't about her really.
I know that really surprise in Paris -- how much.
When she made she made -- and on us right and then this was reported in people that is so maybe they had another exclusive and people said look with you want to break this off -- off -- exclusive OK you can will pay a lot of money to break it off on people.
I had hate to speculate Arab economy and speak to get together to make their announcement of their engagement and us weekly an exclusive announcement without telling Sarah Palin.
Don't you -- think this has been about money not just I mean come.
And then how much do you think Sarah Palin -- and -- year.
During the last two weeks -- happened since they announced that in us and said you're not gonna do this you're not gonna do -- the united -- -- before she finally.
But then again -- most you're right I'm not gonna marry because he's a -- record for her.
-- -- Sunday -- anyway not after Bristol had the baby he went off and did all -- of Playgirl shoot -- in running his mouth about the whole Palin family and he was talking all kinds of -- of and then the day and this is also being reported by people today odd that the -- got tried to get back together yeah.
Believe I asked Bristol if she would do a reality TV show to write this right so hot -- -- bid -- good riddance -- good riddance good for you.
I've got to take a break with concern about cupcakes and -- bad.
Are they here to stay cupcakes we come back.
Welcome back everybody there I think we have a very importing -- that's going to be joining us and just the second.
Appropriately teased a segment my main near this day -- they get temporary fad -- stay -- for that just the second meanwhile.
I would like to know a kite you the.
I will tell you and you actually mentioned a little bit about this story -- when you're talking about coffee will you remember about 25 years ago Robin Williams played the role of the Soviet defector.
In the movie lost on the Hudson and went into the grocery -- and he was floored by all the coffee on the shelves and it was a full -- and he went to grab all the coffee and knocked it down well people are doing that today.
They're doing that same exact thing today in the grocery stores because folders -- -- -- -- coming -- as folders here in the states.
Is now 9% more expensive.
Smokers is raising the price of Folgers by 9% on average across the board because the price of coffee beans is gone through the roof so.
Everywhere you got is smokers which owns Folgers they just bought in two years ago.
Raising the price.
You know that Kraft is gonna do the same with Maxwell house has their coffee brand coming up because they always tend to follow suit and and I'm sure we'll see across the -- of Starbucks and Dunkin' Donuts.
At Tim Hortons wherever you buy your coffee in the morning on the price is going to go off so I thought it was very uninteresting.
That we're seeing and it's really twofold and I -- -- that you talk about this all the time to the fundamentals of the fact that the price of coffee is just.
But the -- on it's more expensive.
There's a supply issues in Colombia and Central America and then also there's just.
-- money moving from funds flowing from other commodities other soft commodities.
Into other commodities and that's sort of that plays a big role and -- well and that's part of what's happened with coffee.
They Arabica coffee bean is the one that's experiencing a really big price gains and that's has to be the one with the more robust flavor Saturn and but twelve year highs.
For coffee it's an -- company naturally have to adjust to those prices and you can't blame him for doing so.
I'll be tried only good every few years but that twelve year -- -- -- -- in that in the price front came very fast.
He talk about the -- getting in out of these commodities.
That's absolute Havoc they're chasing the money the end Nixon to be a little bit of volatility and that's a good experts.
-- of -- you do all time highs like sugar did earlier that they last year all time highs.
That's when people say all that's an all time line now is the next opportunity maybe in a little bit at a sugar and -- coffee that's also part of the China story as -- -- that's more people.
Drinking are -- drinking coffee they are taking me another big topic in more people are eating cupcakes with -- There he's very happy and what people -- eating cupcakes that I have with baker -- to -- -- I'd say -- yeah those things -- -- all right these -- severe -- BC have on the table here these you know like your average everyday run of the mill company.
There's nothing pink there's no rule there's no -- and there's no examined no disrespect.
Now looking very tough very masculine streamlined.
Flavor profiles are very masculine we've got beer someone -- somewhat -- It's oh yeah ahead and do that -- breaking butterscotch and shot -- in the traditional flavors you're asking for some trade secrets here how will I do it well you know.
It was time to sort of mix up the -- a lot of experimentation.
And a lot of wrong things in the trash you know things that things that really were disgusting.
But the ones that worked we came up with twelve that really work right now.
You know putting flavors together that you think wouldn't work and you know maple and peek in and and and -- butter and -- Can I.
Aren't you upset when my mind I think it that it might -- -- -- -- -- arthritis -- a pancake breakfast that's a good idea for a OK note to self.
Pancake breakfast but yeah.
I cupcake how did you get started work.
I guess already I was working on Wall Street.
Was laid off in -- way.
-- know what I was gonna do with my time and my skill set and I couldn't get a job and so I figured I've got to do something I've got to use my entrepreneurial spirit and I thought cupcakes -- hot.
I can put my mind to good use here.
And I just decided to come up with things that we're just wacky enough being done -- flavors that were being done and see if I could take part of this this whole cupcake permanently we have -- -- life.
Yeah and I know you just you're just going to USA today just going to web -- from an entrepreneurial perspective I want to store and online -- Korea could save a lot of money by not getting a storefront.
You know that was very important to me.
And have to raise that much money have cast on my 41 K movement really liquidated everything.
And and and I did it just on on a shoestring budget really.
How things and then some things about this is above 400% the amount of nine months when I started.
Working on a reality show have a -- book deal was coming out and and good orders from all around the world from the military and Iraq and it's 00 yeah untouched by that that's that.
You've got the personality really build a business thank you but I guess this brings the fifth -- the question we've been asking.
We see cupcakes everywhere we -- the cupcake cookbook this is cupcake shops in Manhattan.
Popping up all over the country.
He's this here to stay like ice cream -- -- -- the fat cats.
-- bubble good question whoever wins -- real estate cupcake hey hey got to double gonna burst good question I mean obviously I'm sitting here.
They're hoping that it does continue.
All all signs point to this remaining.
Not just a -- Letterman and I'll tell you why I think it's work this is just from my perspective they're small.
You can commit to them.
Some like a big cake in in this recession what are people blind people really buying cupcakes -- spending a couple of dollars on a cupcake.
And it's just working so -- during the recess if it's working in the recession imagine what's gonna happen as we.
As a country come out of this.
-- wanna -- for somebody yesterday.
If it and who was among my competitors is that we have found alive that he and have a storefront onset of that if you live I would have been there that's right that's right we'll we'll talk later I totally -- that window where is my point it was today.
It was is huge cupcake she want the whole thing I didn't want any elevate the -- make really -- This is a man -- It's not a tiny one it's not a -- it's -- -- it's about a third larger than another than that than regular cupcakes we make them a little larger they're good to share.
-- but you know -- he's targeting then.
From a marketing perspective yes -- -- was by Michael -- 95% women.
Yeah went take what was great for meat went to my marker research -- the company I looked at what what will people looking for a -- with a blog saying.
On the net and what they were saying his.
What am I gonna get my husband who's turning 35 what am -- gonna get for some congratulations on making partner what it beautifully with great great new job you got what am I gonna do.
There was -- there was there was a -- there was a market.
There was there's something missing in the market.
You could get cupcakes but it was gonna have you know Bob the Builder or or sponge Bob on top.
Or you could get a golf -- or a football person but there was nothing much we have to wait for 25.
Is that expensive is like a lot and labor intensive labor and that's -- yes it -- -- dollars and those who -- run of the -- -- -- -- -- we have.
Right so we have gripped a -- it was anything that cool okay yeah -- -- -- -- and what are you willing to do it and people willing to do it.
-- little more labor intensive we have very excellent ingredients in them and also -- this which is edible and toppled the cupcakes.
Cost a little more makes we have to Jack up the price a little bit of a fifty you know fifty cents obviously wanted to grill at the right pace you know you gotta be careful with that -- absolutely so yeah yeah and show that why you want to brick and mortar hit.
Yup we want to -- brick and mortar.
And so our dormitory room hey -- very hard and Dario we want to go quicken -- we do and we're at the place now where we're turning what we're turning up -- -- turning away about a thousand thousand -- quarters a week off.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And wisely.
And what I'm doing here these growing and it's more way I'm turning down orders but the challenge is -- -- -- -- on orders and keep the customers goodwill.
You know how do you say look I can't fulfill its order I know you -- in Wisconsin and we really wanna ship these two Wisconsin.
Yes I understand you live in the UK South America you know Australia.
I'm getting -- -- around the world what do you do that though because now that is -- yes -- -- these places overnight they're -- overnight overnight overnight -- shipment -- -- we're what we're just in the -- in the beta phase of that right now trying to figure out how to do it.
I think what we're gonna have to do -- ship them without the shock with this on top.
Take it off -- it that way and then have them put it on top -- that's what I these cupcakes and an overnight to get this thing I don't know it's been done.
It's being done overnight at the craftsman legacy could yeah yeah I -- Right that's being number you bring up a really excellent point was -- -- and that's the most important thing to me and my partners in the business what.
But in terms of on the real quick about raising capital now because you cash your -- -- it started and got you wanna -- you got to raise capital they find that it's as Santo -- it's still somewhat frozen it's still somewhat froze and I will tell you that the conversations in the meetings that I have.
Would venture capitalists have been that yes they have capital to invest they do have capital to invest.
There -- a little more reticent to just throw it you know they want to be if they want a sure thing but based on the press and based on the reviews of the company.
They're pretty much saying we're with you we want to do this.
And David Aaron Gray yes I did it act president founder butch baker you can -- pop up on TV someone you know we're we're important.
We're all over TV we have our fingers crossed.
Doing a lot of Fox Business which which I love thank you very much it's kinda how much pleasure thank you for having me thank you on again the good -- -- -- you bakery dot com check it out so thanks -- -- because there.
And indicates that anything don't let anybody -- done.
Thanks for watching everybody.
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