In a moment. If we zoom out, the wcld and First Trust Internet etf flat over the last month, chips and software with a bit more of a sustained rally. Pretty remarkable. The words baby steps, john, have been used in the feds long term goal of getting us back to 2. So much guessing on what the fed actually wants and is trying to do happening here and its important i think for us to stay focused on the context. We gave viewers a little bit right there. Amazon is up i think around 13 right now 9 for the week. But look at what these individual stocks and what some of these areas have done not only over the past day or week but over the past month. Over the past quarter. What were earnings like . Now i think the next catalyst perhaps is how the Holiday Season starts with just a couple of weeks away from thanksgiving, from black friday, from cyber monday theres the expectation that Consumer Spending isnt necessarily going to be what its been in past years. That has all kinds of impacts not ju
The decision to split the company was a right one. Well be able to maximize on the capital opportunity and in life solutions. So in a way, its a journey and this is the right time to take the decision to separate philips into two gross companies. Shares of adidas get a kick out of a report that they could be bought for 2. 2 billion. Youre watching Worldwide Exchange bringing you Business News from around the globe. And welcome to the show. It seems like a crazy week of volatility last week. One of the big factors is that weaker german data we had two weeks ago, and yet germany, the dax, ended last week in the green. Amazing. We had to take a step back with the markets in correction territory. Still down 10 from the recent highs despite the move to theup side last week. So still a lot of pain for the German Markets. Of course, and volatility across the board last week. The big question is what is going to happen in equity markets this week. Absolutely. On that note, do you think jer man
Dont want to call it a bottom yet yet. The lows we achieved. 13 , the russell. Still not made a new closing high since i want to say march or july, july would have been the interday high. Thats the one to watch f it can come back, more of a sigh of relief, the big major averages following suit. Talk more about it, our Closing Bell Exchange for this thursday, joining us this hour, Heather Hughes from sin america funds, joe quinlan from u. S. Trust with us here at the big board today, Dennis Garthman from the garthman letters out there somewhere, lex luther from oneil securities and Kenny Polcari from oneill securities, yes, he shaved his head yesterday. Oh, wow. For cancer research. Got it, kenny. Have more on that coming up in a little bit. And our own rick santelli, still has his full head of hair joining us from chicago. Despite the bond market last week. Hasnt been pulling it out the last few days. Dennis garthman, start with us, every day, we can come up with a reason why the marke
This week on the communicateors and issues facing the cable industry with analyst Jessica Cohen and the federal Communication Bureau commission with bill lake. Joining us is Jessica Cohen. What do you do . I am a Research Analyst covering media, entertainment, and cable and satellite. So when it comes to the cable industry what is the Economic Health overall . We are very bullish on cable. They have a huge big fat area into the home. So multiple services it was video. Of and over time it has become broadband and voice. Rolling out other services on top of that like home monitoring. You know. It is Home Security plus. So it things like managing thermostat or turning on the pool heater. And or a nanny cam pet cam. Et cetera. This are new service thats are begining to roll out on the platform. Rolling out. And as the business, the same thing. Voice and data. To be leveraged and in many ways, the separate investment points for cable that the industry filing finally, after years and years a
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