The lowest since 1993, and Household Spending increased 1. 7 . Not such a Merry Christmas for apple. Loweredalysts have projections, citing weak demand at the head into the holiday season. Fewer units will be sold compared to the current quarter. One analyst sees shipments falling by 5 million and claims the phones high priced and lack of interesting innovations. Iraq is optimistic oil prices will rise with stockpiles falling and demand on the rise in china and india. He expects the market to rebalance in the First Quarter thanks to output curbs imposed by opec and independent nations. Almost. 5 Million Barrels a day since 2016. The msci asiapacific unchanged. Thattors unimpressed after japanese data showing acceleration in inflation. The dollaryen trade holding on to the sixweek lows. Interesting moves in chinese stocks, down. 3 . Stocks linked to apple among the worst performers, property firms a surging. U. S. Futures pretty much unchanged. 2. 49 , the highest level since march. A c
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . After 16 years as the ceo of ge, you have stepped down. Is a big burden off your shoulders now . Jeffrey i do think if you are doing the job well, you feel honor ownership over everybody that is a constituency and you wear that 24 hours a , day, seven days a week. Look, 16 years is a long time, i am starting to feel a little bit of decompression. David do you think it is too long to run a publicly traded company for someone like you . Jeffrey i think there is a right time and wrong time in terms of doing it. A company of our size, you have to do it long enough to make a difference, shape strategy. It has always in our philosophy to get our ceo tenure. At the same time, it is good to get a new set of eyes on thes
Like well get a positive open, but things reversed yesterday. Financials in particular. Europe you ask, jim, you didnt, but ill show it to you. All five of the big markets. You can see spain is the only loser thus far this morning. Continued strength in the euro markets. Eurozone look i think that draghi im not kidding, no conspiracy theory, keeping the euro lower. Theyre not happy with our president. A lot of unhappiness in a lot of places. Our road map starts with President Trump, as he is expected to withdraw from the paris agreement. The major names opposing the decisions and what elon musk said hell do if the president does withdraw. One of the companies by the way hewlettpackard coming up. Well have ceo meg whitman. Shell join us in an exclusive interview. The earnings which were reported after the bell yesterday. Opaque somewhat given a lot of a good word for it. I said difficult. You have to understand opaque is even more by the way its auto sales day. Out this hour, ford and g