Chinas gdp is front and center. Its a huge deal. Right now, we need to get to our first word news. Isnie chinas economy staying close to the forecast. Slowest poorlyhe expansion since 2009. That is set to off set exports. The Chinese Government wants it to grow 7 year. Thed is taking site at biggest play since the civil war. They are backed by a ring in special forces and russian airstrikes. Wave ofuld be another refugees heading west. The palestinians are giving up a wave of attacks on israelis. One israeli soldier was killed and 10 people wounded. The attacker was shot and killed in police say they shot and killed a foreigner by mistake. The Iranian Nuclear deal has now taken effect. All sides will have to start delivering on a promises they made. That means a limiting 95 of your rich enriched uranium stocks. The west is getting ready to lift economic sanctions. This may be the end of the road for a Stephen Harper after a decade in power. Canadians vote today. The poll suggests the l
City, the new wall street week anthony we are pleased to have keith banks. Tell us about where you grew up. Tell us about your family. Keith i grew up in a great middleclass town in new jersey. An of my neighbors were wall street titans or ceos. I didn t have connections that would have made life a little easier. When i got out of rutgers, i knew i had to get into a Good Business school, hopefully as a door opener. My summer jobs growing up, my freshman year in college, i worked for a landscaper making two dollars tweet five cents an hour. I spent two years working summers in the township where i grew up, which i thought was a cool job but apparently it wasn t. I had to figure out from there we picked up branches and all kind of things. My claim to fame was convincing the guy who drove the truck to actually let me hang off the back so my friends would see me, thinking i had a cool job. Role models. My neighbors weren t the big shots. They were good, hardworking men and women. So the ro
For coverage beginning at 8 00 p. M. Eastern time. Morgan stanley comes up short on Fourth Quarter estimates because of a drop in fixed income trading revenues. Morgan stanley has been shrinking the amount of capital dedicated to its fixed income and commodities division. The imf has made the biggest cut to its Global Growth outlook in three years. The World Economy will now wrote 3. 5 this year down from 3. 8 and i told her. From a sober. From tober. From october. The medium prospects are down. It is squeezing investment. We think this effect is stronger than the price of oil. The one exception and the forecast is the u. S. The fund upgraded its forecast to United States growth to 3. 6 . We might even best market in the world. The numbers are in, 2014 chinese economy grew by the smallest amount in 24 years but it is still at 7. 4 . It would have been worse had the government not added the stimulus efforts like Interest Rate cuts. Those moves help to boost chinese Factory Production an
Dow rallied 41 points. Nasdaq. 11 . We have to find a sports anlage. That does it for me. In the National Football league they call it next man up. Maybe it had been kind of sitting around and maybe he gets in the mix and gets the job done. The Dow Jones Industrial average is full of next man up situations. Todays one of the days you can see them written large. Theyre responsible for the game. The next up in the dow industrials it is, walmart. Walmart . Heres a company that many had written off as bad habits. An old store chain. Kind of with a Montgomery Ward feel to it. Out of step with time and place. Now that might have been the case in the past but this current ceo of walmart, this guy doug mcmillan, i dont know. Got me dazzled. I dont feel that way anymore about walmart. We have a nice up size price for the first time in ages this morning for a company that had begun to stand for lower prices. Not in the stores but in the stock market. I liked everything he had to say. Its clear h
The market. Big surprises already this year, in this young year. Gold and treasuries not acting the way anybody thought they would. Absolutely. Speaking of earnings, its a huge day for earnings today. The biggest day of the season. We get some big names after the bell that could have an impact on the market tomorrow. Amazon and google will be out with their results in just about an hours time. We will get you the numbers first. We have a ton of experts standing by ready to break it all down. These are widely held names. Gotten a lot of read through. No doubt about that. The neverending search may be ending. Our partners are reporting the microsoft search for a new ceo could be coming to an end within the next week. Who could it be . Whos behind that question mark right there . Why is it taking so long . And a reminder, heres where we stand across the major indexes right now. The dow up about 110 points. Its off session highs. The nasdaq adding 79 at this hour. The s p 500 up 21 points.