This before you get on the course. Ill buy some brain pants, andrew. Ask him if he looks like you need a nap . Yeah, do i look like i need a nap . Probably. Weve got to say thank you to our other guest host who has been back with us, jeremy siegel, the bull. Steve liesman, also thank you for sitting in all week. Thats been terrific. Becky and joe, its been great. Good luck over the weekend. We hope you get back here and it all works out. Say hello to nemo and the weather. Were going to see you be careful with all that snow. Absolutely. Anyway, make sure you join us monday. Squawk on the street begins right now. Good friday morning. Welcome to squawk on the street. Im melissa lee. Were live from the New York Stock Exchange. Lets see how your friday session is setting up on the u. S. Futures. It looks like well have a positive session with the s p looking at 2 at the open, dow looking at 13. In europe, the eu summit continues. But the action really taking its cues from china this morning
The trend higher. Are you still skeptical . Im definitely still skeptical. Okay. I think the risk is to the down side. If we get a 5 pullback, which would not be bad for the market, are people going to put their money to work. Putting it into work when times are good. When times are bad, markets back off and thats where markets seem to accelerate. Going out neither highs of the day with the dow up about 5. 25 points here, and the s p up a fraction right now. Stand by. A lot of earnings news coming your way. Plus former fdic chair sheila bair coming on the second hour of closing bell. And it is 4 00 on wall street. Do you know where your money is . Hi, everybody. Welcome back to the closing bell. Im Maria Bartiromo on the floor of the new york stock exchange. It will be a photo finish for the markets today. The dow and s p 500 trying to close in positive territory after being in the red for much of the day today. Looks like we are just under 14,000 with a gain on the session of 6. 5 poi
Advertisements. Uncertainty about whether or not the offers are real. Wed like to help cut through that. To get people to take advantage of that. Which would be another housing upside for the economy. Tensecond surprise . Hoimts do yw many times do y the word uncertainty . Theyre screaming there are opportunities in the markets. Its when people are certain that you have to be fearful. I think were far from seeing certainty. Youre still bullish . Bullish as anything. Doug, richard, thank you. Steve, michelle, thank you. Thank you. Chicago tomorrow. We also have bob ruben tomorrow. Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla with jim cramer and david faber at the New York Stock Exchange. The day after the s p and nasdaq posted their second best days of the year. We looking at a higher open, pretty much across the board. Actually, they just turned. Were looking down open here, 59 points on the dow. D
Everybody wants that the meantime, cant they do Something Else to appease investors in this follows on the heels of bill miller, legg mason, financial times, says keep every dollar cash on your Balance Sheet but use the free cash flow, paid out a dividend on the free cash flow, the stock would go up 50 . Bill miller the past 24 hours, bethany mcclaine 200 marco rubio is out this morning on twitter saying the number of chargers is driving him crazy and moving closer to samsung. His response in the state of the union. I think time for a congressional investigation into the most Successful Company on earth. Its really time to house on American Activities Committee part two. Briefly stated this idea that einhorn and bryce said he has brought up the company they considered and punted on is the idea of issuing, at no cost, a perpetual per preferred to stock to exsig hold hearse pay you about a 4 yield. Said another way, around 25 multiple, right, 4 yield, you can back in on an eight multiple
Stuart the Financial Times headline, u. S. Slips into reverse. The economy is shrinking. The word recession is on the table. We have the worst socalled recovery in generations. Our debt goes up by a trillion a year. The white house says the republicans are to blame, spending cuts are to blame. Super storm sandy is to blame. Excuses. The numbers are what they are. The economy is sinking. President obamas policies seem to be failing. His Approval Rating is at a three year high. Arnie and company about to begin. Aving triplets. [ babies crying ] surprise your house was built on an ancient burial ground. [ ghosts moaning ] surprise your car needs a new transmission. [ coyote howls ] how about no more surprises . Now you can get all the online Trading Tools you need without any surprise fees. Its not rocket science. Its just common sense. From td ameritrade. Its just common sense. All stations come over to mithis is for real this time. Step seven point two one two. Rify and lock. Command is