Year as a Public Company. We celebrated 20 years in business this year. Weve learned a lot of lessons. In doing that, we understand what the opportunity we have. A lot of things have come out newswise about the growth and success we had. Finally, things were most proud of, if we jumped into this pit that had 25, 30 competitors for us, and now weve emerged and are now the number three sports brand in the world. The thing that has us drin, i dont know if we did a good enough job getting across yesterday was telling people that is while were now number three, the delta between number three and number four is maybe a few tens of million oorz a few hundred Million Dollars. The delta between number three and number two, is about about a 15 runway. Were confident in that message, and for a company that began with an outlook to the street that said we have going to be a roughly 5 billion its something were proud of. The message we have to get across isnt that our story is about 7. 5 billion. T
On cnbc. Im wilfred frost alongside seema moody. Great to see you. A continuation of how we ended last week. By that i mean buying off stocks and the dollar higher. We had a weekend to pause and consider whether that is the right move and markets seem to think it is. They are continuing in that direction, albeit more muted than the huge moves immediately after Donald Trumps election victory. We are higher just shy of 100 points on the dow, 94 to be precise. The s p by 8. The nasdaq by 14. Huge moves last week to the tune of 5 to 6 as a whole. But it is worth pointing out there was differentiation within it. This was not just a move that growth will be higher in all sectors and they will all benefit. It was based on the fact that yields moved higher and with that the sector rotation was clear. Financials are up a huge 11 for the week. But utilities were down. Well have a look at the tenyear note. We are 2. 28, sorry, 2. 22 moving higher. You can see that stock shutting higher in the las
Were decoupling 2. 27 . 30year at 3 . Fiveyear at 2. 6. And i go through all of those to highlight the yield is steepening and continues to do so. Global yields, this is getting interesting. Italian tenyear, 2. 21 . Its moved 18 basis points in a day. You see the biggest weekly rise, oneweek rise for the italian, german and french tenyear yield, we have seen it happen the highest in years. How long . 30 years. But all the strategists said probably five years four or five years ago we were wait iin. Here we are. What was happening the entire time that rates were not going up . We were sub2 . We were stuck in the muck, basically. The greatest thing, i mean, to see the stock market hitting new highs while rates are surging, if youre at zero on rates and sooner or later you have to normalize, if rising rates are going to move into financial assets, you have a problem with stocks going down. Unless you decouple. Rates are going up for good reason, then the stocks go up at the same time. You
Identical twin. Again. Witnesses say they were fighting. Was it murder or a tragic accident . And dramatic finish. Former super bowl rivals, patriots and seahawks on a final second showdown. There was a lot of contact and no call. The incomplete pass that has fans crying foul. The seahawks getting ultimate revenge. What tom brady is saying this morning. And good morning, america. Happy monday. And take a look at what we saw morning. 6 22 a. M. That supermoon. It looks like a movie when you see that plane go right by. Just gorgeous. Its called a super duper moon. It is just that. More protests over Donald Trumps election for the fifth day in a row. As trump sat down for his first tv interview. Transfer of power is under way in washington. President elect trump has made his first two key appointments. Well hear from the incoming with a look at the team. Good morning, tom. Reporter the trump west wing coming together. The president elect huddled with advisers in trump tower, building out
In hawaii. Witnesses say they were fighting. Was it murder or a tragic accident . And dramatic finish. Former super bowl rivals, patriots and the seahawks in a finalsecond showdown. There was a lot of contact and no call. The incomplete pass that has fans crying foul. The seahawks getting ultimate revenge. What tom brady is saying this morning. And good morning, america. Happy monday. And take a look at what we saw here in new york this monday morning. 6 22 a. M. That supermoon. It looks like a movie when you see that plane go right by. Just gorgeous. Its trail called a super duper moon, and it is just that. More protests over Donald Trumps election for the fifth day in a row. As trump sat down for his first tv interview. Transfer of power is under way in washington. President elect trump has made his first two key appointments. Were going to hear from the incoming chief of staff, Reince Priebus in a moment. But first our tom llamas is here with a look at the team. Good morning, tom. R