Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
and right to privacy. president biden lays out the threats from maga republicans when one of several speeches in the final six days until the midterm elections. we ll look at what the white house and democrats have planned for the final days of the campaign. plus, republican congresswoman liz cheney is crossing party lines, making good on her promise to help defeat election denying members of the gop. also ahead, the man accused of trying to kill nancy pelosi s husband makes his first appearance in court as more disturbing information is coming out about that attack. we re also following alarming developments in the war with ukraine. there is new reporting this morning on high-level talks inside the russian military about using a tactical nuclear weapon. and good morning, and welcome to morning joe. it is wednesday, november 2nd. joe is back. along with joe, willie and me we have the host of msnbc s politics nation and president of the national action network re
the virus. they postponed the decision yesterday. this has been a conversation here at davos and has been affecting markets in asia. more are down this morning looking at the red arrows there. off close to 3% for the hang seng the mortality rate looks low relative to what we ve seen in the past 3% versus 17% for sars the idea of shutting down wuhan. imagine that happening in an american or european city and the panic and up rising. what is the population of wuhan? it is a major city. if you ve heard of it, it is probably 10 million. i think we ll get you some is numbers. we have another block buster lineup of guests 11 million. the woke economic forum it was kind of a joke but now second nature for me the world economic forum, including the ceos of honeywell, liberty global, goldman sach, pay pal and more steven mnuchin is still here everybody else left. air force one is gone but other members of the administration is here he came on air force one, every
Roadster. And the courting of 21st century fox. More potential buyers for parts of that company emerge the fate of the company and what it means for overall media and shares of cisco having a great week so far. Chuck robins joins us on set in a cnbc exclusive. We start this morning with the latest potential bidders for assets of fox that include its studio, its ownership of sky, star, fx, the National Geographic channel, Regional Sports network, i could go on and on ownership of hulu, comcast our Parent Company the latest company to be in talks with fox as i reported later last night as we reported yesterday at cnbc as well for those assets in what is described by people close to the situation as an all stock deal that would in Effect Exchange comcast shares for the assets in question giving comcast potentially a much larger international component, certainly what is described as a whole if you want to think of it that way in the companys current construction largely a domestic company
Of ours. Actually 10 00 we are looking up on all the major averages i guess, yeah, looks like we are. European markets, you ask, we answer what are they doing jim . We trade with the good ones now. Whats that we trade with the good ones. All positive. Other than spain 10 year note right around look at that over 58 this morning our road map as well it starts broadly with stocks on track to open higher boeing boosting its dividend shares rising premarket. The plan maker setting a new 18 billion stock buyback plan and a mega mall merger. Buying the World Trade Center mall and new jerseys nearly 16 billion overall. What . We should have 3m just preannounced. Lets get to that too. Remember the other day a fellow was telling you to sort it it was ill advised. You were on him. I was all over him like a cheap kmart suit. Those are cheap. That was my first thing that i wore to goldman. They said get out of that corduroy suit. A day in which the fed will hold its final policy meeting of the year