Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to me yet. That has been reported but not told to me speaking of reporting, david faber has more of that for us. Not a lot of insight on that key question siting a source close to the deal, the conversations, that have been ongoing for awhile now. The president is most likely to make a decision in the next 24 to 36 hours. Not likely today, but prior to the weekend, im told, by someone familiar with the situation that he will make a decision as to the future ownership of tiktok here in the united st
Welcome back from the break. Thank you to amazon and web services for hosting our break at the sponsor. Thank you. Now were going to be talking about zero trust, a topic near and dear to some of our hearts, for those of you that havent been to the dream port, you should go over there and talk to them about their zero trust efforts as well. First of all, id like to introduce our moderator, mr. Tom temmon, he is the anchor of the federal drive from federal news network. Thank you, tom, for moderating the panels. His panelists are rick howard the chief Security Officer from palo alto networks. Sylvia burns, the deputy chief Information Officer for enterprise strategy, fidc. And michael friedrick. Over to you, tom. If you have a streaming device you can hear my voice on the radio now through the magic of streaming technology. Our topic today and its really great to be in such a nice intimate setting here with listeners that are close by, we are going to talk about something that in many wa
Shape as i keep saying, then how the heck can i keep calling for a rate cut i dont need a rate cut. On a day when the dow gained 50 points, the nasdaq dipped 3. 6 , i think this is an important question especially given the feds yearly jackson hole con fab getting Coverage Today and tomorrow on our network. As the consumer well, lets just say, what do we know about the consumer consumer shops at watch, which is my acronym for walmart, amazon, target, costco, and home depot. What do we know about the consumer at these stores doing quite well we know the Unemployment Rate is at its lowest level in 40 years, so why in the world is President Trump trying to hector the fed into cutting interest and why do i believe in the president because its not that simple, people as i explained last night, weve got two economic world views colliding here you look at the big retailers and it seems like business is booming. You look at whats happening in the rest of the world in the bond market it looks l