President rob kapito. Which is a better bet, stocks or fixed income . Bonds and stocks, we have two people who will make the case for fixed income. Well have a top pick. 5 trillion, folks, thats a trillion dollars every 12 minutes. 100 million about every minute. Dont miss even a second of this show tonight. Sue, down to you. Sue is not there. Ill pick it up here. Big market selloff following yesterdays huge rally but one of the bright spots today as hand apple. It is up on the icahn letter, carl icahn explained his move just minutes ago to our scott wapner, right here on our network. Listen in. Every time they sell a phone, scott, they have another annuity. They have another flow that they guarantee. People dont get rid of these phones. I think this is not realized and as a result we are writing this letter. Lets hear from an apple shareholder, michael farr from washington. Welcome. Youre actually here with us today. What do you think of apple . What do you think of icahns exhortation
Move to unlock shareholder value. Well tell you those names and examine how realistic those moves really are. Plus getting into exclusive reaction to the breakup of former chair Ralph Whitworth. Looking forward to that today here. Lots to discuss with him. The government on trial over the bailout of ag in the financial crisis. Literally on trial. Former treasury secretaries testifying along with ben bernanke. All key figures during the worst of the worst six years ago. Well tell you whats happening in the courtroom and when to follow along. Also, ebola fears not subsided. That victim in dallas in Critical Condition fighting for his life. And we have had late word he has been given an experimental drug. And it has moved one stock although thats the least of the important part of the story. But were hoping that this will work. We have a late report coming up from the cdc in atlanta with the very latest on that important story. And of course, you probably heard by now that a case has been
And over 1 Million People are displaced as a powerful typhoon moves across the philippines suspending the bond markets as well as the currency market. Youre watching Worldwide Exchange bringing you Business News from around the globe. A very warm welcome to the show. Lots on the agenda. Well talk europe and china in a couple minutes, but the u. S. Dollar continue this is rally. In november and december, we think, are people looking backward or will they be looking forward at the structural elements for the stronger dollar. It seems like the latter. The strongest unemployment gain in 30 months is providing fuel to the u. S. Dollar. We were talking about it when we first started on Worldwide Exchange at a fourandahalf year high. Now close to an eightyear high. Definitely a resurgence. The question is how far can it run . Well discuss that throughout the show. But the ecb Council Member says he sees weakening in the eurozone economy and calling it a weak spot in the world economy. He cite
Trading at 2785. When has a new record for the dow or s p gotten any fan fare . Not lately. We were talking about this this morning. A producer whos been here through the ups and downs in the last decade used to be the case to hear cheers and applause punching but the benchmarks. This morning you werent be hearing much punching through 18,000 on the dow. More evidence as we have said for a while now. This is still the most unloved bull market we have seen in modern times with the dow up 97 points off the highs. S ps up 6 and enough for a record high. Technology, certain sectors, bio tech hit hard today and as you heard from the gang on street signs, some of the pharmaceuticals lower and nasdaq is down in todays rally. Yeah. Importantly. Lets get right to it with the closing bell exchange. John manly. Peter anderson. Susan fulton. She made it. I am here. Yeah. We werent worried about you but the technicals in place as you know. Rick santelli joins us from chicago. Rick, i hate to pick o
Screeria nigeria. Discussion on the use of diplomacy in regions of conflict. The center for strategic and International Studies today looked at the priorities for congress and the white house when it comes to u. S. Policy in the Asia Pacific Region. Topics included u. S. Relations with japan and china, Upcoming Elections in burma and taiwan. This is an hour. Good morning, happy new year. Happy year of the sheep. Im mike green, Senior Vice President for asia. Thank you all for coming on what is probably the first day of work for a lot of people, including, i think, most of us. Tomorrow Congress Comes into session, and we face a new world in washington. A republican congress, democratic president and so far, on issues from immigration to cuba policy there are signs that the new congress and the white house are going to be colliding with each other, politically and over policy. What we wanted to do today and in the short report we have produced is spotlight one area where bipartisan coope