Bar Set too Low for 3Q Earnings?

" I Connell thank you very much -- had a slew of company earnings to sift through overrule the results have been pretty good although not maybe not says some of the reports out today but it does seem that investors. Our little anxious as the market smooth flow joining us this morning is not slot while. An. Yes I think the only -- pretty good in a number of sectors but is about to lower -- seeing some real growth what you think. Well -- anything analysts."

" Perhaps at that the -- cities. The third quarter earnings of this study low for the for the second quarter earnings Mosul few surprises. Nothing of the 70% of companies have reported. For the second quarter. Reported to the upside. And -- this seems to be the case with -- well I think a lot of it is downside. Analysts expecting low cost cuts. This has been capable also seen an increase in the long and increasing revenues. For a number of companies. And in the third quarter figures. Analysts have have a cold and the figures down for the third quarter they may have to raise their expectations going into forceful tonight. It seems to me amend its just a little -- them -- but I mean it seems like the markets could you know pulled back significantly as we are seeing in Europe this morning do you think -- a little afraid. Bullet this study seems like that Tyson and lost -- 4000 side. We we see this Shaw pulled back today you this is purely on the back gulf how the US reformed get stables fought it and how that figures -- that I. Not so -- in the -- and knock on effect. In the UK today as well move was he brought settle this this victory not a single sector that's impulsive territory tonight. So investors descending on the back foot upping the -- is phony looking for a decent pullback for the -- maybe after the 5000 level. Forced off the list also pushed back. May be an maybe -- Christmas where we're at a time of year as well but the market does get you three volumes done and does -- To move around a bit maybe the downside. That we could see some bonuses to come into the market. Also also before you go Menard wanted to ask you about half Mary do you think has done enough to raise the bar a few notches for a better offer from Kraft. Wool cap risk and other figures yesterday and almost opinion that the probably don't too much in order says that the rights of all the fantastic sets of numbers. -- doing well in areas that call this an interest in such as the emerging markets. Now crawl. Looking for help countries but it won't pay any price and think to. Move away -- that they don't puts -- the people on November the night which is the council states. Then did it is likely the next night which is also being -- to countries in the cost of possibly Unilever as well which could purchase countries. Without affecting the run balance -- too much a waiting in the wings and to pick up where way across a vessel so. That in the cap was may have done little bit too much to the upside and may have scared cat -- thought for -- little --"

" Victim of their -- successful. I have a nice what about the Chinese GDP numbers pretty remarkable. You would imagine that the Chinese Government have to stop unwinding some of that stimulus. To stop the economy there from overheating but it looks like China's going to lead the way out of this recession."

" Well that's that's that that's that it -- in China and the -- that this could be the case you're going into new year for economies globally as well. That this spending in the stimulus packages are going to have to calm down we did this going to be pulled but. The more we can start to see. Is an increase in interest rates -- differences the US interest right is expected to go by about. Smallest 2000 and sandy who got possibly sooner as well almost that -- stock -- where where we're expecting to see global interest rates thoughts free to go outside. This is not going to have a a fantastic in defense -- fantastic effect. On the global equity market for instance we expect to see some soul pullback in early next year as well such. You know that things need to be reined in before we start to see another bubble being corrected and -- in China. And very quickly about twenty seconds and obviously -- US dollar much beaten -- US dollar you're expected to remain even though it's up in Europe today. Do expected to remain a week in the short term. Is sending looks weak against the Boston currencies if you if you look at inverse is that the Euro is trading near the top and around about 150 level. And that the -- just continues to strengthen versus steady as well studying. Continues to restrict it to strengthen looks like it's heading up. 170 level overall. Expect further dollar weakness -- dollar index is trading close knit closer to 75. Dollar level the brakes on them back down seventy dollars. Very good high enough I hardly TX this morning covering a lot of topics really appreciated not thank you very."