optimism is reflected in the stock markets as well. this is how the nikkei has started trading. it has been at 833 year high so we see a bit of profit taking. a 33%. the last quarter outperforming any major global indices as well. let s begin nobuko kobayashi joining us from kyoto. thank you forjoining us on the programme again. what did you make of this much stronger than expected gdp figures? yes. make of this much stronger than expected gdp figures? expected gdp figures? yes, it beat expectation expected gdp figures? yes, it beat expectation by expected gdp figures? yes, it beat expectation by one - expected gdp figures? yes, it beat expectation by one point| beat expectation by one point which is quite phenomenal. if you peel down, break down the different, the surprise comes especially from the investment in private sector. the personal consumption was in line with expectations but particularly on the business side, it was a positive surprise. i on the business s
conservatives, so it really tells you a big picture that there are still huge electoral problems for the conservatives. 0nly still huge electoral problems for the conservatives. only one year out from an election. from an election. thank you very much for that. from an election. thank you very much for that. thank from an election. thank you very much for that. thank you - from an election. thank you very much for that. thank you for - from an election. thank you veryj much for that. thank you for this coming on the programme. god might thank you for having me. what is your reaction, a bit of time to soak in the results, after the initial spin from the party leaders and various political commentators on what is good, what is bad, what beat expectation, what didn t. where do you think things stand now? well. expectation, what didn t. where do you think things stand now? well, i think the fact you think things stand now? well, i think the fact is you think things stand now? well
optimism is reflected in the stock markets as well. this is how the nikkei has started trading. it has been at 833 year high so we see a bit of profit taking. a 33%. the last quarter outperforming any major global indices as well. let s begin nobuko kobayashi joining us from kyoto. thank you forjoining us on the programme again. what did you make of this much stronger than expected gdp figures? yes. make of this much stronger than expected gdp figures? expected gdp figures? yes, it beat expectation expected gdp figures? yes, it beat expectation by expected gdp figures? yes, it beat expectation by one - expected gdp figures? yes, it beat expectation by one point| beat expectation by one point which is quite phenomenal. if you peel down, break down the different, the surprise comes especially from the investment in private sector. the personal consumption was in line with expectations but particularly on the business side, it was a positive surprise. i
then why put the suggestion out there. i m saying there are many people who don t, who have screaming headlines who are constantly on our backs, they won t give him full and fair coverage. i would like full coverage. i would like people to cover everything he s doing. you can ask the tough questions. people can attack it. he s had 33 or 34 executive actions. everybody wants to cover one or two or them. you know what the jobs report, 235,000. the jobs report that he used to say was phony. can t even pause to say, wow, in his first full month in office, 235,000 jobs including in manufacturing, construction almost as many jobs last february. four out of the last five februarys why flick your wrist at that if you re one of the guys in construction, it s a meaningful number. i m saying the numbers were good, beat expectation, not the number he put out the day before that wasn t the official number. the point is, this is a man who is now president of the united states who h
jobless claims rose by 7,000. general motors posted second quarter results that beat expectation. revenue was up 4 her to $39.1 by on. facebook shares skyrocketed nearly 30%, this after reporting better than expected quarterly results yesterday boosted by strong mobile ad sales. that s it from cnbc, first in business worldwide, now back to hardball. we don t make the necessary investments to ensure that america s a magnet for good jobs in education, manufacturing, research and transportation and information networks, we re just waving the white flag of surrender to other countries s they forge ahead in this flobl economy. we know that strong infrastructure is a key