Flatten. The currency move of the day is what is happening with the turkish lira. A huge move today. We will discuss that later on in the show. Because theres a war going on between the president and the central bank. The last 24 hours hasnt brought much certainty and who will govern germany. Chancellor merkels largest partners expressed no interest in coming together and she said she would rather have new elections they go forward without a majority. Matt miller has been covering each development and we welcome him from berlin. Bring us up to speed. What is going on . Matt you summed it up quite well. The key is she doesnt want to go forward without a majority. The form still prefer a Majority Coalition with either the ftp and the greens or with the std her Current Coalition partner. That seems so unlikely, the ftp having to walk out of Coalition Talks. The stp saying it is no way interested in prefers to stay in opposition. Now the president whom you see here is going to try and forc
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope
This song cannot be played enough this time of year its the best new original Christmas Song it is outstanding good morning a warm welcome to Worldwide Exchange on cnbc. Its december, happy christmas i can start saying that now. It is im wilfred frost im Courtney Reagan in for sara eisen ive been celebrating for a couple weeks now you were celebrating thanksgiving initially its a blend. Courtney does do the best internal decorations her desk is epic its pretty good. I may have to sit at it later and take a picture and say its mine you can claim the credit and move on. Lets check the markets we did mention at the top of the hour that futures are pointing to a lower open after another record day on wall street. You can see the dow jones is positioned to open lower by 19 points if it were to open now, we know we have 4 1 2 hours to go. S p 500 and nasdaq pointing to a lower open we got this delay in the Senate Tax Reform bill passing late yesterday. As we look at whats going on with the t
Businessweek megan murphy. Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way really changed the way you , think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave rose mcgowan and ashley , judd. Of course we are talking about Harvey Weinstein. A third woman, too, that chan
Megan, love this issue, love the people that you write about. What is the bloomberg 50 . Megan we are so thrilled and pleased with this. This is the first time we have ever done this. When bloomberg thought about it, we thought, who were the 50 people who really defined the Global Business landscape in 2017 . When you look at this list, it is always the same people on this list. When we did it, we thought, what if we did this differently and looked to find the people you have heard of . Some of them, you are not going to have heard of a lot of them, but in an identifiable way, really changed the way you think, what you do, how you conduct your life or business and will also be your trendsetters in the future. We are really excited about the names on this list and how it has come out. Julia two women who defined something in 2017 and unleashed a wave, rose mcgowan and ashley judd. Of course we are talking about Harvey Weinstein. A third woman, too, that changed the landscape in media, a