Live in the Nasak market site in the heart of New York City's Times Square, this is fast

money.

Here's what's on tap tonight.

1200 bucks.

That's the starting price of the highest end of the newest iPhone, will customers be ready

to pay up?

Will a competing product from China put a damper on demand in the top growth market?

Plus crude reality, rising oil prices expected to cause an uptick in inflation, will this

give the Fed pause in pausing, and what's it all mean for the consumer?

One later, Oracle Falls from Cloud 9, regional banks get a bump in why investors are sneezing

at the makers of Sudafet and Dakewell.

I'm Melissa Lee coming to you live from Studio B at the Nasak on the desk tonight.

Tim Seymour, Dan Nathan, Guy Damien, our special guest for the hour, Rebecca Patterson, former

Bridgewater Chief Strategist, welcome Rebecca.

And we start off at the countdown to tomorrow's big inflation print, economist expecting consumer

prices rose six tenths of a percent in August, a faster clip than in July.

The data coming as oil prices hit ten month highs, WTI closing on ninety bucks a barrel,

the highest it has been since last November.

Crude oil now up 40 percent from its may lows.

So how is the Fed dissecting these numbers and could the uptick in prices put an end to

consumer confidence?

Rebecca, you brought this up?

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