Closer to cold and great shape here. Back to monday the first date of the Fourth Quarter and it starts with something we have covered very well. That is the which is the snackfood business. That is a north american serial business. Cheeses, pringles and pop tarts among other goodies that may not be all that good for you. Kelloggs since the breakup was announced. Either way, i can these are agents of economic decline. The government close impacts so it is not as big of a deal but the auto is truly an issue that keeps expanding. If it keeps expanding next week, it will not be all that good. The stocks trade like there will be a deal. When you listen to the united auto workers, he seems like a bit of a capricious fella. Especially when he has the president of the United States walking a picket line. Fords offer has been generous here it is getting really personal i dont like that. And it is not clear whether they will say anything. Remember is to stop inflation, not to boost growth. I dou
The 200 Day Moving Averages. The nasdaq where the biggest pain is today. Several megacap tech names see moderate shelling. We see the names with amazon, which is sharply lower as the ftc hits the company with an antitrust suit well have an update on that in just a little bit. Alphabet, apple, microsoft, theyre all lower as well. Take a look. 2 declines. That does take us to our talk of the tape is there still a bull case to be made for stocks in the years final stretch . Some suggest despite all of what we just said, the answer is yes. For more, lets bring in adam parker, founder and ceo of research, and cnbc contributor lets say that i was talking to mike santoli came up to me and said President Biden obviously went to see the striking uaw workers today. Said him saying he supports a 40 increase in pay for uaw workers sent stocks lower. I was looking at gm and ford, they were lower. Put that into context as one of those areas that has us uneasy in the markets today. Right we have wage
Chamber protesting against the speech. And turkey pounds killer dish militia positions in Northern Syria as Ground Troops are doing across the border. The pitch backed with it all rocket fire. Also coming up in the next sixty minutes the latest from the bundesliga run away leaders by munich didnt have everything that against bad agreement but its not for nothing the reigning champions highlights from that match and little. Hope of a ball welcome to you im under. Germanys social democrats say they want to read that go sit all key issues with unlove methods conservatives in forming a new government the left of center party already demanding concessions after voting to pursue formal Coalition Talks fifty six percent of delegates pushed through a yes vote at a Party Conference on sunday just a slim majority but its still a breakthrough as jim these two biggest Political Parties embrace the idea of another grand coalition. Was a tense moment for german politics yesterday with a narrow major
A push for a second place on the table as they take home a surprise package however bring the highlights. Im phil gail welcome to the Program Germany social democrats are promising intense and tough negotiations with Angela Merkels conservatives on forming a new government during a Party Conference on sunday the s. P. D. Only narrowly voted in favor of pursuing formal Coalition Talks party also said it wasnt satisfied with the results of their political discussions and called on its leaders to renegotiate some of the points possibly putting the s. P. Day on a collision course with the conservatives before talks even start. A tense moment for german politics yesterday with a narrow majority of s. P. D. Delegates voting in favor of full Coalition Talks. Their leader Martin Schultz visibly relieved after surviving the cliffhanger vote i chancellor merkel was also quick to express her relief welcoming the decision of her potential coalition partners. Not in the see the softer the season yo
[ light laughter ] this is what it did to a smart person. [ laughter ] by the time youre out of office, youre going to look like the toxic avenger. [ laughter ] President Trump said yesterday that being president has been a big burden on his family. Yes, but somehow we manage, said melania from her penthouse in new york. [ light laughter ] in an interview today, President Trump questioned why america fought the civil war, even worse, then he questioned whom america fought in the civil war. [ light laughter ] wait, i know this one. Was it china . [ laughter ] thats right. President trump questioned why america fought the civil war. You know, at this rate the only way trump is going to get a second term is if hes held back. [ laughter ] [ cheers and applause ] all fs . I flunked everything . [ cheers and applause ] i got a bplus in phys ed. [ light laughter ] President Trump published an oped in the Washington Post on saturday to promote the accomplishments of his first 100 days in offic