Goldman sachs says go global, are they right . Russia, china, india and beyond. And how Auto Companies are trying to grab market share, as that company trying to recover after the recalls and investigations. First, though, lets go over to sue. Ty, were going to start with the markets on a very tough day. The dows off triple digits, Interest Rates are moving to the lows of the week. Were going to start with bob pisani. What does it feel like down there, bob . A bit tentative, nervous. Ever since wednesday, when the new home Sales Numbers came out, then thursday and fridays the tenyear has trashed just like the mark. When it hit the highs a tuesday, i want to emphasize some of the home builders. I want to put up some of these earnings stocks like pandora and masco, as companies came out. Pandora beat is down, forward miss. Amazon was in line, and you can see that visa beat, but the sales were on the light side. Everything is trading to the down side. Put up internet content stocks, truli
Annual rate. That was up from secondquarter growth from 1. 3 . How are investors reacting to that . Stocks now and every 15 minutes. Nicole petallides at the new york stock exchange. Nicole good morning, everybody. When you look more closely into the number and then maybe people have been doing exactly that and that is why we have a negative number here on wall street for the dow jones industrials. This gain came from americans using their own income, buying products and services. That is not the case. The formula is comprised of several factors, one of which is pending by the federal government. It turns out they did more spending and that is why gdp got a pop. Back to you. Dagen thank you so much. Breaking news right now. The National Hurricane center releasing its latest advisory on Hurricane Sandy and the storms track. Sandy is still a category one storm with 80 Miles Per Hour sustained winds. It continues to head towards the east coast. We bring in the cheap mineralogist at whethe
Nobody runs their household that way. The State Government dont operate that way, but we are totally incompetent when it comes to spending americas taxpayer money. Why would we continue to a 32 billion a year on i. T. Programs that dont work for the federal government. But 60 of what they take out of the pentagon and thats governmentwide. Why would we do that . Were going to have a special Senate Committee to look at this, oversight, look at bad actors in government and demand the people get fired in the company is not performing pay the money back. None of that happens. So you can defraud the federal government. You can do it with impunity and thats because members of congress are basically not willing or inexperienced to not know you want to hold people accountable for what they say theyre going to do. Whether its a federal employee, procurement employee for the company provided. Thats just one example that happened this week. Host what is the business started . Guest my father was i