The labor market remains strong. Teen the debt came can still getting kicked down the road and continues. Haidi toshiba agrees to sell its units to the bank consortium. A little while ago, we had an absolute welter of japanese data. It was good in parts. One of the ones that was anodyne with Household Spending. Went it is really showing is how japans households, perhaps the increase in august, 6 10 of 1 was pretty much expected reversing a slight decline in july. Positive signals. Auto sales rebounding. We have risk ahead. A slight pickup in inflation and against the backdrop of a central bank that would mark progress on reflation. Low unemployment. Key. S the wages are still growing, but spending is only just starting to get hired. That is something shinzo abe before an increase in the consumption tax and a couple of years. Haidi thats right. We are wondering, we saw the setback that resulted from the last tax hike. We have been bracing ourselves situation when fiscal malice policy wo
For playing porn music. Almost got it there. Im the short guy played by billy crystal. It is not street signs a. M. No, street signs early edition. No, the squawk brand is much bigger. There you go. Will come up every 20 minutes. I dont mind that. Also people said you have a tendency to kind of hijack the show from andrew a little bit when youre on. I said, you know what, it is friday, you want to do this yourself, i got, like, six papers here. And i have no problem with that. Sit back, relax. July. It is a friday in july. It is a friday in july. Im too tired tonight alpha male today. Are you really . The zzzz male. Yeah, zzz. Like a sitting duck. Someone said yesterday were shameless promoters for the show. I said, what would you rather . Dont watch the show. It is terrible. Berk, our guy, is big on symphony. Here we are, i dont know whether you know whether the symphony is working, but did you notice comcast. The stock is on fire. Almost 45. So there is something to this symphony thi
This is todays edition of worldwide exchange. Im ross westgate. Here are your headlines whats the price of Political Risk . Italy hopes to raise as much as 6. 6 billion euros in its first longterm debt sale following the election as the formation of a coalition looks unlikely for now. The sequester set to take place in less than two days. A poll shows plenty of negative sentiment around the budget cutcuts and lawmakers for letting them happen. The French Market gets a boost. Ids gets a boost after stronger than expected operating profit in 2012. And wheat trades higher after predicting an uptick in profitability. Plus, global uncertainty lead hong kong to set a wide growth range in its annual budget as the territory makes an effort to tackle its skyhigh housing costs. All right. Welcome to todays worldwide exchange. Were getting halfway through the week. Kelly is traveling back from the World Mobile Congress in barcelona and will join us in the next couple of shows, just not today. Wel
a spike in energy crisis put a dampener on things. and dell taking a dive. shares dive sharply as profits are hurt by supply issues due to the thai floods and weakness in demand. welcome to today s program. we ll be joined by jackie a little bit later. pmi for february, 49.4. weaker, 55.4. forecasted down. manufacturing pmi, weaker than the 49.5 forecast. it was 48.8 in january. the output price s index, 48.3 for services, the lowest since july 120u. the output index for manufacturing, 50.4, consistent with january s number. so the composite, that all adds up to the composite figure of pmi, weaker than the forecast in january and the composite employment index, 49.5, 49.4. joining me now chris williamson who helps, of course, to compile t the pmi. dandd and chris, welcome to you both. we ve had the individual numbers out this morning. where s the disappointment. who s dragged the down from what we were expecting? i think they ve all come down a bit. germany s come down