Take your pick, mr. President. Thank you four a great two hours. Squawk on the street begins right now. Congratulations to the alabama crimson tide, winners of the bcs College Football championship for a second straight year. A third time in the last four years. What a run. It good morning, welcome to squawk on the street. Im melissa lee, live from the new york Stock Exchange. Lets see how were setting up on this tuesday morning. The futures look like were tulg back here. T take a look at the picture. Interesting Economic Data points out over there. Eurozone hitting a record high. But a measure of consumer and Business Sentiment actually rose for the second straight month in the month of december. A road map this morning starts in china, where young brand said samestore sales are set to disappoint. Is this a sign that a reacceleration of a timeless economy may not materialize after all. The ceo of sears is stepping down citing Family Health matters. Does the fund manager have enough Re
250 points shy of that level. Still, though, only a couple of Percentage Points in the grand scheme of things. Yeah, bob, its one of the days when the averages dont tell the things. We had mergers. We had more earnings. We had a lot of storied stocks to talk about today. Reporter yeah, considering nobody cares about apple, its supported in the nasdaq, and its the reason we outperformed. Weve been in the narrow range. Look, were 1,580 or 1,680, put up the s p, essentially a month now. What will break us out of the particular range here . Number one, a little thought here, i just want to put you down here with some thoughts of what will matter. Underperformance may not be or it may be enough for us. Weven up, down, only 2 , 3 corrections for most of the year. Just another 2 , 3 , to the downside, thats all thats necessary for people to come in and buy. Stability after tapering in september. My feeling is we get the tapering, we drop 3 on the s p over a period of several days, and then we
Again, were waiting for a discussion on china russian relations. Among the speakers today, former australian Prime Minister kevin rudd. And later on this afternoon on cspan 3, its a hearing on u. S. Border security issues, including a look at the pay structure for officers being held by the Senate Homeland Security Committee. Well have that live at 3 30 eastern. And later today, veterans access to health care. That getting under way at 7 30 p. M. Eastern also live here on cspan 3. Right now were at the center for strategic and international studies, waiting if r the discussion on china russian relations to get under way live. Okay. Good afternoon, everyone. My name is chris johnson. Im the chair of china studies here. Its great to see so many friends to join us for whats going to be a fantastic panel. I couldnt be more proud of the panel we managed to pull together. Tremendous concern. A lot of thinking about whats going on in the relationship and how it matters for china u. S. Relatio
Go . Tribune will split its Newspaper Division including the l. A. Times and chicago tribune. Broadcasting will remain with other assets in the company. Liz apple may have colluded with five u. S. Publishers to drive up the price of e books months ahead of the move into the digital book market. Apple denies any wrongdoing. Ashley chinas key export sector shrank 3. 4 last month. Yearoveryear that compares with 1 growth in may. That was the first contraction in a chinese nonholiday month since 2009. After the bell starts right now. Ashley lets get to todays big moves. Yudee chang, ace investment strategist chief tradewer two ways for you to play the market and stay ahead of all this volatility. We have also todd horowitz, he is in the pits of the cme. Todd, let me go to you first. Todd, what an interesting day it has been. How would you summarize it . Hi ashley, hi, liz. I think today was a big thud. When it all came down to it all the expectation what the fed might do. Came up with anno
And excitements we have to capture channel the future of our communities. To get people in school. Teach young people how to read. If we get people at grade level reading we will be strong. First learn to read and then lead to report read to learn. The person that reaches out learn so much more about the preconceived notions and how long they work. That makes us all better to be the mayor they say that poverty is an education. The strategy for violence is education. And i think intolerance you could say the same thing. Its education. I have to bring this to a close. Please join me in a flanking the panelist and i will turn it back over. Thank you for your kind introduction and for your wonderful leadership with sacramento and as Vice President the wonderful leadership in the United States conference of mayors. I wore a bulletproof vest on the walk to columbia which made it a little more difficult for. And when of the proudest moments in my life. Reverend price, my fellow mayors , citiz