Well get his take on the economy and the companys growth plan. A cnbc exclusive. Would you get a mortgage from that girl . No, from walmart. A lot of people say they would. Whats that all about . Were going to run it down later on power lunch. We start with my partner sue herera in the center of the action downtown at the nyse. Stocks are slightly lower right now despite those fiscal cliff anxieties. Theyve been pretty steady throughout the day. The s p 500 broke above its 50day moving average, believe it or not. Earlier in the day its backed off a little bit. Economic news and new data shows u. S. Manufacturing falling to its lowest level in three years. And there is a little nervousness about the president taking to twitter at 2 00 p. M. Eastern time to talk about the fiscal cliff negotiations that are going on. But it is the first trading day of the month and some on wall street are getting bullish for year end. It is going to be a december to remember, i predict it. I think this is
Lackluster week. Lackluster again. Mixed markets, dow and s p 500 lower than nasdaq, but holding on. We got a report contracted, showing the lowest level of activities since july of 2009. Also, taking a look at dell shares. Surging more than 6 on an upgrade at goldman sachs, actually, a 180 on the stock. Goldman had it at a sell for two years, upgraded to a buying and increasing the price target from 9 to 13. Dell is up today. Back to you. Thank you very much. The majority, believe it or not of americans, have a low opinion of the lawmakers when it comes to being honest. Just above pushers at the local car dealership. Doug shone, what do you think of this . Ive been in the profession a long time. Ive seen it. Bottom line, just one category below politicians b and politicians, and thats political consultants. People are cynical, and with justification, lori. Whats going on in washington, they cant make sense of it. Do you think its change at all . Ust a fever pitch with the cliff coming
A 52week high in france and germany. Our road map this morning begins in washington where fiscal cliff negotiations according to the times has collapsed. At least for now. With less than a month until the deadline, who blinks first if anyone . Goldman takes dell from a strength to a buy. Is it time to look at the stock and maybe even other players in the beat up personal computer sector . Manufacturing data out of china. Not bad. 50. 6. Thats the highest in seven months. Although shanghai again trades lower even europes pmi improves a touch in november. First up, were one month away from the fiscal cliff and so far the white house and Congressional Republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. Yesterday our own jim cramer and Maria Bartiromo were on meet the press and cramer had a message for fellow panelists and father of the antitax pledge, Grover Norquist. Most ceos are republican. Theyre on board. Theyre not on
Of the stock exchange. What is normal about the stock reaction . Nicole very normal stock reaction. This is a stock that started with the arrows and traded as low as 1960 interday and coming back and had a high of 2018 and all the rest of the Airline Stocks i have been checking, delta, up arrows, and continental under pressure today. Below the 1960 we are at 1976 and it is not far off of the low, and a nationwide glitch, it is not great news and we are hearing their returning to normal all of this occurring for weeks before thanksgiving, the busiest time, and this is the third time since june that United Continental has had computer issues. Dagen thank you. 46 days and counting until the fiscal cliff is upon us but our next guest says going over that cliff, he gives a thumbsup. Peter schiff is the Euro Pacific Capital ceo and global strategist. Why would you think that . We need a bigger cliff. This one is too small. There is not enough spending cuts. The spending cuts are trivial and
You know what i contribute . I contribute some insight into the growing ego mania that is young willie geist. Yes the 37yearold sexiest man on earth . What . Oh, wow, were doing this 40 seconds in, huh . People magazine. Getting it out of the way. There he is. Willie geist listed as the sexiest 37yearold man in america. Im titillated. Its not just me saying it anymore, its documented. Where am i . Am i on the right show . Later today this is why i got up early . Later this morning, we are going to have the new editor of People Magazine here, helen keller. Oh thats cruel. Ba dumb bum. Long setup. Way to go. Donnys on there, too. Donnys on the list, too. What was it, 50 shades of grey. I was in the decaying category. Sexy and decaying. Sexy men with gray hair. It was like the silver foxes. Whats interesting and joe in there, too, in your category. Send kitchen appliances. Microwave ovens. There is a little quid pro quo. They have a supplement of the 90yearolds. Were you on that . Im on t