Ultimately either be eliminated as they were in canada, and when they were eliminated in canada, everybody said, oh, my god, its the end of the housing market, and it was hardly a blip. Or it will be cut to deductions on the first 100,000 or something, so youre effectively protecting the middle class. Thank you for this. Yeah, sam, it has been a pleasure having you here today. My pleasure. We really appreciate hearing from you. Sam zell has been our guest host for the last two hours. Youre putting your money where your mouth is. Its all about rental properties. Thats right. Sam. Thank you, appreciate it. That does it for us today. Make sure you join us tomorrow. Right now its time for squawk on the street. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, along with Carl Quintanilla and david faber. Jim cramer is off this week. Today weve got treasury secretary nominee jack lew heading to capitol hill. Lets check on where we stand in terms of u. S. Futures. It lo
Shortterm hiccups will earn 3 cents or 4 cents in the next few years. Significant acreage in an area called sacramento, and real estate is booming. Second one is a simple one, thats called legg mason which i announced yesterday. Legg mason, 164 million shares, down to 128. Every day they announce twothirds of the cash flow is going to buy back stock. Great Cash Generator and theyre solving a lot of their issues. Thank you. What are you bushing barons . You get online happy valentines day, dr. Love. Squawk on the street begins right now. Im melissa lee, with carl quint a nil quintanilla and david faber. Jim cramer has the week off. Take a look at the picture in europe, the focus on the g20 meeting and g7 statements, saying they stand by market determined exchange rates. We saw a bit higher to the euro, above 134 this morning. Japans nikkei surging nearly 2 . The markets in china and hong kong are closed for a second straight day in observance of the Chinese Lunar new year. Apple, in jus
Thing, he resigned, so he could have a reasonable succession plan. This is the oldest Major Institution in the world. Secondly, it opens up the possibility that one day priests can marry, which i would be the salvation of the church. This is going to be a very interesting debate as a result of this. I was born catholic. Im not now. Youre supposed to say thank you for being here today. Occasionally we see commentary on capitalism in action. Im not a participant per se, im just a spectator, and its a fun sport. Thank you. And thank you, michelle. Join us tomorrow. Squawk on the street is next right now. Congratulations to grammy winner fun and all the grammy winners from last night. Welcome to squawk on the street. Im carl equipment a nil la with melissa lee, david faber here at the nyse. David cramer is off this week. A busy week its going to be. Europe this week, finance minister meeting from all of the eurozone talking about cypress and greece. As for asian markets, mostly closed as t
It is time for final trade time. Pete, kick us off. Bank of america ready to break out and get towards 13. Mtw, construction trade, i ththe going to continue to move. Steve weiss. Qualcomm, running a sale, time to get it if you dont own it. That does it for us live goldman tech conference in san francisco. Power lunch starts now. Hello. Welcome to power lunch. Michelle carusocabrera. In for sue and tyler. Apple ceo tim cook making big headlines. The fight with Hedge Fund Manager David Einhorn and cannibalization of the companys product. More on that fallout. Also mead china factor, las vegas rolling out red carpet for Chinese New Year tourist, which casino stock stands to win big. Sports illustrated swimsuit edition hits news stands today. I bet you already knew that. Supermodel kate upton on the cover for the second year running. Shes going to join us live here on power lunch. We dont want to miss that. In the meantime, lets check the markets. We have dow 14,000 and climbing as things
Thank you very much for starting your morning with us, on what can be a difficult morning for many people as they try to struggle through all of what is happening with the snow thats coming down. Lets go right now to Ashleigh Banfield from darian, connecticut. Ashleigh, how are you . Reporter well, it is very, very snowy here, marty. I was taking the drive because the media was allowed to be on the roads last night but everybody else wasnt. Between greenwich, connecticut, and darian, connecticut, on that 95 corridor as you look at your map all the way to new haven and beyond. And i have never been on a freeway like that, with five cars over the course of about a 45minute drive, driving about 25, 30 miles an hour. If youve ever imagined 95 looking like a farmers field, thats what it looked like, trying to make headway throughout the night. It was about 12 00 midnight, 1 00 am. Just look i said, absolutely remarkable to see that people really did, for the most part, heed the travel ban w