Cameraman had refused to lea toilet germs dont just stay in the toilet. Disinfect with lysol bathroom trigger. And lysol power foamer. Theyre approved to kill 50 more types of germs. To clean and disinfect your bathroom. Lysol that. Uh just gonna hang out. With gary and todd . Yea. Ive been meaning to ask you, is there any drinking going on in this crowd . No. So if any of your buddies ever pressure you to take a drink, just tell them you promised your dad you wouldnt. Id do anything to keep you safe. Ok. I will. I hope this is working. I promise. I love you too dad. They really do hear you. For tips on what to say visit underagedrinking. Samhsa. Gov its the second leading Cancer Killer in the u. S. But, it is almost entirely preventable. Most colon cancers start as polyps. And screening helps finds polyps, so they can be removed, before they even turn into cancer. Screening also finds this cancer early, when treatment works best so if youre over 50, take control. Get screened for colo
Market. When that problem goes away, as it did today web food giant mongolese walked way from its bid to hershey, after they couldnt agree on a price. Over the entire averages. A big reason why the dow sank, nasdaq claimed. 8 . The intenses competition created by the sheer number of companies in business may be good for the consumer, good for you and me. We all benefit from corporations duking it out for our patronage. At the same time, this competition is an anathema to profits [ booing ] which is why we see so Many Companies doing deals, even could argue the governments around the world have gotten tougher on mergers and a lot of stocks are pretty darn expensive versus their historic valuations. Let me take you through the Competitive Landscape sector by sector starting with the food group. The Food Companies have so little growth that the best ones like General Mills are hoping for flatter reits next year at best. Think about the fierce composition in space. Virtually every aisle of
After by 2 . But once again, joe, the nasdaq showing the most pain in the followthrough from friday. It is the nasdaq, it is financials and where these buybacks that i expected. 80 of the s p reported by february 5th. The contribution to buybacks in the month of february, very significant. Up around 7 of total annual buybacks for context january around 4 . Authorizations yeartodate, apple 30 billion available. Where are the buybacks . That is going to be what lifts the market. Its done it since 2010. Thats what were all waiting for, and its surprising were not seeing it yet. Pete, i dont know whats going to lift the banks. The worstperforming sector showing more carnage today. If you go down the list of the biggest u. S. Based banks, the carnage is stunning. Right. I looked earlier. Morgan stanley down 5 , and the list goes on. Goldman, jpmorgan, citi, what stops the madness . The european banks. We look to china, and last week nothing but pmis and then all of a sudden went back to eur
Have given us data that were supposed to be looking at. Were supposed to interpret that data and figure out if theyre going to raise or not. They told us were going to raise at least three or four times. You dont see the three or four rate hikes. It doesnt seem like a possibility right now and is the data changing in front of us right now because we have no idea. It seems like they hit the various data points. Job gains, joe continue, Unemployment Rate at 4. 9 and yet were still near zero Interest Rate policy. They have a dual mandate and part of the dual mandate is Financial Market stability. I do think they look at the s p and where global marks are and when everyone went to jackson hole and position themselves to the Federal Reserve not to taper further, you know, the federal reser reserve. So to petes point theres too much unknown or too much lack of clarity and positions seem to shift. The fed doesnt seem to be following through on what it says. The data seems to suggest that the
Higher. Heres the big stories you need to know about this morning. Greece topping your headlines. Athens widely expected to ask for an extension of a loan deal with the euro zone. Well talk about the implications of that. The bank of japan leaving it unchanged. The worlds third biggest economy is on the lend. By the way, the nikkei 225 is up 4 this year. Here at home a number of economic reports are set to role out this morning beginning at 8 30 eastern when we get the january Producer Price index. Housing starts as well as Building Permits. Later on in the morning we get Industrial Production figures and breaking at 2 00 p. M. Eastern time we get the minutes from the last months fed meeting. Thats at the top of the power lunch which im told is a fine program. I saw that in the prompter. Did you write that into the prompter . I script everything. Lets tell you whats going on. Fossil with weaker than expected earnings revenue and offering a less than rosie outlook. The company cites a d