Nasdaq up by 10 points. Halfway through the trading month of september, the dow is down by. 3 for the month to date. The s p 500 down by 1. 3 and the nasdaq down by 2. 3 . And treasury yields are pretty important because you do have a fed meeting this week. Right now the ten year is sitting right at 4. 34 . The 2year just above 5 and we will see what the rest of the week brings. Talking about what the rest of the week brings, here it is. Squawk planner for the week. The fed is the big story. Kicking off a twoday meeting starting tomorrow followed by a News Conference which will happen by jay powell. Wednesday expected to hold rates steady but planning to focus on the guidance, both economic and projections and forecasts for the rates at the end of this year. Few earnings of note, were going to hear from General Mills and also get fedex and kb home and darden will announce its earnings on thursday. Right now we want to get to the autoworkers strike, as joe mentioned the uaw not making m
Americans are open for business and we are competitive once again. Thats the president making his case for u. S. Economic growth at the World Economic forum. Good friday morning, welcome to squawk on the street. I am Carl Quintanilla and jim cramer and david faber well have more on trade, the dollar and International Cooperation and we still have earnings to get to starbucks and intel both moving in different directions. The ceo of starbucks is also coming up with us a the president just finished at the World Economic forum in davos. He emphasized the new trade stance in his administration the United States will never turn an eye on economic planning these and other behaviors are harming businesses and destroying the Global Markets and harming businesses and workers around the globe went onto call regulations still taxation and talked about how it has been around the world. Americas first is not america alone. Look, i think that he made a great sales pitch for america. I think thats no
Our top story this morning, the dow is continuing to rally, up more than 150 points as all three major indexes hit another record high earlier. For more on this, joined by chief investment strategist jim paulson. Good to have you back. Thanks for having me. We have been wondering why equities are rising in the face of rising yields some economic release disappointment clearest explanation is that even the bears are afraid of missing this train thats leaving the station. What do you say . I disagree with that in part, it is an incredible market, incredible price momentum. Maybe it is simply the resulted weve never had just breakout of optimism in all sobbiectors of economy, everything from main street to wall street looks good it is so rare in this recovery to have that feeling, it is just an unbelievable up side price momentum it is not that the markets are going up dramatically, up maybe 25 in the last year certainly good, but not like a 40 meld up run. It is more the fact it never go
Analysts weve got the number within analyst in biotech here to give us his favorite two names in that space. Yeah, the big cap and the small cap. In that order. You really have to know biotech. You really have to know. Im looking forward to speaking with him. Plus the man that won the paper called half man, half god, for his marketmoving calls. The number one equitylinked strategy will join us coming up. Think thats on his Business Card now we start, though, with the clock the stock powering the dow higher today, that would be walmart, shares surging 5 after some key announcements during its analyst day in bentonville, arkansas Courtney Reagan has some of the details from cnbc headquarters courtney reporter hi there, bill. Investors are pretty happy as you can see with walmarts forecast, two year 20 billion share buyback. Walmart shares up more than 5 hitting highs not seen in more than 2 1 2 years so walmart reaffirming its current year forecast which brackets analyst expectations. Al
Going to die, and Ronald Reagan had the same exceptions and many republicans have the same exceptions. But i say, rape life of the mother . Health of the mother . I said actually if the mother is close to death. Talking about death. Then you sort of say like, well what is the constitutional right between between the mother and the unborn child . Constitutional rights matter. My statement on that happens to be if the mother will die. And you know that. And life, if you say life, what does life mean . One big thing that will jump out, you want to get rid of birth rights awe you have to. Having a baby. All of a sudden nobody knows. You believe that. You have no choice. You have no choice. When we have some good people, we have some very good people. We have a really a lot of good people. Theyre illegal. We are going to try to bring them back, rapidly, the good ones. I understand. Do you know the word expedited. Expedited. What do you do about where you have had the grandfather dream act,