The driver seat heads for a collision. This is Market Makers. It is a wednesday in new york city. I am Erik Schatzker. Will be with us. She is on her way down to the New York Stock Exchange this morning. We will begin with a big shakeup in the sports and media industry. William morris and silver lake are buying img. You could call it the jewel in the crown. Lets mix it up. Lets start with ari emanuel. Img he coceo of excuse me, wme. What did he say . If you thought he was a big deal before, he is an even bigger deal today. He is very confident. Ari has brought together two agencies in the past. He has taken on a bigger fish by buying William Morris back in 2009. He feels very confident about his ability to combine these very people centered businesses. The issue with this one is that there are so many other competent infectors because he is buying a business that its very different from his business. Is a media rights business a licensing business, a College Sports business. That is so
It. The dow just went positive and is up all of about 17 points. So far so good. Well take it. Lets look at the big picture. The three charts you need to see now. Ill sew you the s p. Look at that. Take a little profit after that monster day yesterday. Were practically back to the flat line. The s p up 27 year to date and is the best year since 1997. Its hard to argue with the trend on this one. Back to the 1990s. Hello . Looking at the 10year, up three ticks. Its close to the threeyear high we saw in september when it got up to 3 for one particular day so keep your eye on 3 . Its not just psychological but is in effect a threeyear high. Moving on to gold, the polar opposite. Theres no bid for gold. Down 40, 11. 95. Were close to a multiyear low in gold. 11. 79 was the low you saw in july. You go through there and theres not a lot you can point to for support. Lets move on to the big three, the stocks were watching heading to the close. Julie is keeping an eye on them. Lets start with
Specifics. Pennsylvania this is more than nixon ever sweated. Our own state department was rocked not only by the revelation, but from the highly unusual persistence of the state press corps. They dont want to have a count of that. Just how nervous huh . If shes working for the i assume if shes working for the city of detroit. Its pretty hot under these lights, huh, seinfeld . Pretty hot. Influence of communist money. One, two, three. Let your soul go, just let it shine through in the states that we have indicated in red sprayon hair. Guaranteed to cover bald spots. Its the reason why he probably didnt have to go out and campaign. Its vast, its safe and its acid free because bald no more is made up of a secret blend. A few questions. Yeah. Is there are you okay . Because youre sweating pretty profusely. No, im fine. Block certification if so, when . Im starting to sweat. Stop sweating, i have to stop sweating. Cant you see it dripping down my forehead . Oh, she looked at my hair line.
Pennsylvania, michigan, nevada, georgia, arizona. Do you solemnly swear to protect the country about enemies foreign and domestic . There were error messages from tab grulation machines. That you take this without any purpose of evasion. Also in arizona, the attorney general announced that mailin ballots has been stolen from mailboxes and hidden under a rock. Well and faithfully discharge the duties of the office upon which youre about to enter so help you god. I do. Congratulations. Oh, so if the election was rigged in arizona but it wasnt. Why did the Vice President swear in the states new senator . I thought it was rigged. It seems that people are slowly backing away from the president. You had the attorney general earlier this week sort of backing up and then you had Mitch Mcconnell talking about the new administration. His way of backing up. You have the Vice President doing the same. So, willie, the situation has gotten so sad for the president , the sitting president. Hes now ha
If they taper i would be surprised as i was back in september when they didnt. That is why everyone is sitting on their hands today. Lets go to the big picture three charts that will show you whats happening right now. Not a lot happening. 25 . P 500 is down if you look at the 10 year, not a lot of action. This is the fourth day in a row weve traded back and forth between 284 and 288 great people just waiting to get some sort of decision out of the fed. Downa look at gold gold by not a lot, about 14 bucks. 17 , oneold down about of the years biggest losers. We are watching hospital stocks after a November Survey came out from citigroup that found inpatient hospital admissions fell year over year because of the changing environment in the medical industry. Following his tenet healthcare, shares down a little more. They have pared some of their declines. On the upside, we have 3m making a number of different announce different announcements. They have a 22 billion hide back authorization