 And welcome to the 2 p.m. Update with me David white here tfnn so we got some bad news in the morning that was the price producer price index rose seven tenths of percent we also had a fed chief come out and say that she was more for a half a percent rate cut in the last one will push for a half percent in the next meeting we also saw a handful of other things out here that are troubling and that is credit card debt Rue rose the highest in 10 years in and over two months and a handful of other things Cisco is up six percent on the day we're looking at the head of the X head of YouTube and now the head of Google not the head of alphabet though heading off we'll talk about that in the first segment of the show today other things going on doc you is going to doc a bunch of people their jobs and they're up a little bit of course we've got earnings out after the bell tonight and think that will weigh on the semis tomorrow morning we go and start looking at dear and auto nation so we've got a handful of things going on right now we're off you know just about a little less than half percent on the S&P cash I will talk in the first segment about some of the weird things that are going on in the markets as we kind of gestate around this particular level at 215 we'll have Tim Ord on got a bunch of charts in his longer-term view of what's happening and that's kind of it was interested in the volume earlier in the day to see what's going on but it's another light volume day six and a half billion shares as we start the show be back in just a few minutes the reality is that navigating financial markets can be risky