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Toddo on TV: Best Buds

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Markets, movers and more.

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Should the government get involved in the InBev takeover of Anheuser Busch (BUD)? Todd doesn't think so. Sure, there's frosty cold beer at stake, but this really isn't much different than when German automaker Daimler bought American car manufacturer Chrysler in 1998. Given the dollar's demise since 2002, U.S. assets are effectively on sale at 40% off. Concern should kick in when foreign entities don't want to buy American companies.



Now watch this! Todd's ogling Lehman Brothers (LEH), which stopped on a dime at $28 (where the secondary offering of common and preferred stock that raised $6 billion was offered), and federal fund futures, which are still laying two-to-one odds on an autumn rate hike.

No positions in stocks mentioned.

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