Is mediagetton still upon us. Disney posting mixed results. The details of squares ipo are out. And alibaba buying the youtube of china for 3. 7 billion. The story of the morning is the strong jobs number, including 268,000 private sector jobs added last month. 5 unemployment is the lowest since 08. Average Hourly Earnings up 0. 4. The numbers coming out two days before fed chair yellen indicated a hike in december was a live possibility. Earnings year on year, 2. 5. The biggest since july of 09. Weve been waiting for that number for a long time. Remember earlier this week i sa switched my posture and said bring the rate hike dollar. The dollar will be stronger than it is, and that will hurt the industrials. The banks will soar. Thats a huge part of the s p. It will be mixed for people who own stocks. Healthcare should go down here. The bank stocks, wow, they could carry the whole thing. Does it mean that 70 is being priced in for december . If they dont do it we keep talking about the
We begin with breaking news. The first Public Comments from the newest member of the federal reserve. The dallas president Robert Kaplan revealing for the very first time some clues on where he stands on Interest Rates. Steve liesman following it all from d. C. Steve, what do you have . Scott, thanks very much. We are getting the first comments from the former harvard professor and Goldman Sachs banker turned dallas fed president , and the question we have going in is how much like the hawkish Richard Fisher is he who just left the dallas fetd presidency, and he is showing himself not to be too much like him. He says the fomc was prudent not to hike in the last two meetings. We went back and looked, and Richard Fisher several times last year had called for rate hikes, including when he had left office on the eve of the september meeting calling for rate hikes hen. Kaplan saying it was prudent for the fed not to hike. He goes on to say appropriate Monetary Policy will remain accommodati
But he did issue a statement saying we need to aggressively taking on radical islamic terrorism but not the the expense of our american values. If the Republican Party likes it, that is fine. If they dont like it, that is fine also. As you know im lead nothing virtually every inning is will poll. Reporter Trump Supporters say he is right. We do need to look at these countries where these people coming from particularly the muslims. Reporter trump has a commanding lead over his rivals in the latest cnn poll of iowa voters released monday. Another pole of iowa caulkes goers shows ted cruz with the fivepoint lead over trum in iowa. This is first time cruz has led in the Monmouth University poll. Trumps comments drew criticism across the country including here at home from philadelphia as mayor michael nutter. Certainly if i had the power to do so, the the only banning that should be ton is that person not being a allowed in the city of philadelphia. In addition mayor nutter calls trumps c
At the airport. In the low 30s right around freezing in allentown, reading, lancaster, even colder in millville for example but even a as we move forward in the forecast, we are looking at a nice, mild kind of day. We anticipate the the high to hit 55 degrees, and lets jump to the record to beaten sunday. So, you have to get pretty warm, right . Check out philadelphia, 65 degrees is the record to beat. Will we make it . Well, we will have that answer for you at least our forecasted high for sunday coming up later in the show but i can give you a hint, meisha, were definitely warming up from here. Sixtyfour, 65, katie, that is pretty darn close. Im thinking there is a chance. I got to say im hoping so, i dont know. I know it is december and i know we have a lot of snow bunnies but i like the 60s. The heres new jersey 42 freeway north bound this is at creek road as awe approach 295. It is looking like this looking really good this morning. All roadways are nice and dry, Mother Nature not
In purple if your travels take you to the Lehigh Valley pocomoke region, i80 interchange, for example, sleet, freezing rain, potential, also even some slushy snow could mix in out that way. But we wouldnt be looking at much accumulation on the roads if any for that matter. Area temperatures, again, go the some contrast going on, flirting with 40 in the city. Youre well into the 20s in the mount pocono area. As soon as the moisture gets to you definitely going to see snow and sleet, as opposed to rain, like were finding out near the jersey shore, for now. As the day progresses expect temperatures to climb no higher than 40. So we stay somewhat steady, through the course of the day here, but it will be a day that features that variety pack depending where you go, you might find something different. So, just be ready for things to change on you, on a dime, and i also suggest the i am umbrella because eventually many of you will be needing it. Little after 6 00 a. M. So far. Everything loo