Backdrop for good couple years. Only now are we seeing it pop up. Am i missing something in the president s poll numbers . I think youre right, neil. Always been there. The economy is in good shape, right . Not spectacular shape as many some of the president s defenders would say. It is in good shape. Unemployment seen recently down 50year low. Market likes it. That is a pretty good backdrop from president running for reelection. I think what making it particularly powerful for him, he is up against candidates of a party seems not to just be replacing the president , seems, democrats have been going through this process, talking about replacing nature of the u. S. Economy. They are proposing many of them, pretty radical transformation. Some more radical than others to be tear. Medicare for all, wealth tax, significant regulation. Neil least among them has dramatic plans to raise revenue. Were talking even in joe bidens case, 3. 2, 3. 4 trillion over 10 years. So the challenge i think f
Morning. And yields, highs of the day with the ten year approaching 186 now. Road map begins with that blockbuster jobs report. Futures point to a strong rally at the open as employers add 266,000 jobs last month. Top white house economic adviser larry kudlow will join us, first on cnbc. Well talk about jobs, the markets and who knows what else. And uber safety concerns, Ride Sharing Company disclosing thousands of assaults in the past couple of years stronger than expected november payroll number boosted by hiring and healthcare, restaurants and transportation the return of those gm workers from their strike also played a role in auto parts wages up 3. 1 from a year ago looking for a little less than that, which had some wondering whether or not inflation is returning to the narrative. I think that you can actually look at a couple of the numbers different ways if you actually adjust the cost. You dont see that you just see 1 . I will say as i said in the tease i did with the people f
China. Of course, we are going to get that 9 30 a. M. Press conference. Stocks as you saw look to higher look to a higher open. Dont worry about china iphone weakness why one key Analyst Thinks apples china woes are overblown. And two big tech names are moving in opposite directions. Oracle is falling on a revenue miss adobe rallying on an earnings beat we got broadcom to get to, costco, number of earnings this morning. Lets start with the Broader Market investors are trying to digest conflicti ining headlines. The Chinese Commerce ministry set to hold a News Conference half an hour from now. And, jim, we dont have a heads up in terms of what theyre going to discuss whether or not were going to learn about their view as in, yes, were all in or not. Kayla tausche last night, basically, you dont know where we are it is in flux. At 5 00 a. M. It was x, at 7 00, it was that, 8 30, new view. But the one thing is certain, this story that made the rounds, that the president has put out that h
Holds, ten year yield, getting in the area of 9 the road map begins with the trade rally. Future points to new record, china says it has agreed to hold back tariffs plus, takeover offer, getting my latest reporting on xeroxs bear hug of hp. Warren proposes a sitdown with the microsoft founder we will begin with futures fresh hopes of a trade agreement, giving stocks a boost. Chinas commerce says the u. S. Have agree ed to phase out the tariffs imposed during the trade war. They dont actually say a deal has been reached multiple reports from this one on qualcomm. Yeah, i dont trust them. Yesterday, they said the talks were elayed. Honestly, these people were members of the peoples republic it might as well be run by the 8th army can i tell you what might matter they signed a death warrant for someone who pushed fentanyl to us and two life sentences for their colleagues they did a twoyear stay of execution on the leader of this. But this is what President Trump is waiting for far more im
Officially launching its disney plus platform. Goldman sachs customers, concerned about gender bias allegations, says, quote, we hear you, the bank reevaluating the apple card credit limits billion dollar cost cuts, juul labs set to slash 16 of its workforce. Were going to begin with disney entering the streaming wars, the companys disney plus Service Launching today with a Monthly Price tag of 6. 99 subs will have access to nearly 500 films, 7500 tv episodes, disney has spent more than 3 billion on technology and content prior to the launch. It is a big deal for kevin mayor, in charge of making this thing work and we have seen some technical hiccups here on this first day. Overload. Maybe high quality problem, not sure but i looked at all the offerings, i said to myself, when i had two little girls, i think i would have said, no, i dont have to go anywhere this is it, you go do that, and then i can go watch football in the other room that was my thinking and then the mand loalorian wa