Red lines are all about. Live from bloomberg headquarters in new york, this is Market Makers, with Erik Schatzker and Stephanie Ruhle. Good morning. It is thursday in new york city. You are watching Market Makers. I am Erik Schatzker. I am Stephanie Ruhle. After a week and a half, you may not be excited about it. Allquote mariah carey i want for christmas is new got a change the topic very quickly. Got to change the topic very quickly. We have an unbelievable lineup. We are already getting calls saying that joe baratta is on, i want to cancel meetings. Then we will be speaking with Alan Mullally. I will share the interview i had yesterday afternoon. Herbalife. Ing lets not forget about bill gross. Who can forget the bond king . For now, lets get to the newsfeed. It is the top business story from around the world. The u. S. Economy grew faster in the thor quarter than first figures showed. Up from the initial estimate of 2. 8 . The biggest increase in inventory since 1998 is the reason.
That hadnt existed before. In the end, ultimately, you say this doesnt count. This doesnt is that because ultimately it hasnt changed International Law . I think there was a moment when a grotian moment could have formed. And it would have been if we were more careful in trying to define the owls we were trying to promote. Truman was very careful in trying to define very narrow rules. Bush was not so. So basically the theory he could have had that i think would have worked, and it may still be the theory down the line, is an analogy to the laws of neutrality. In a formal manner . Gave a speech in 2010 at the American Society of International Law were he propounded the very near greuel that we are designed to give countries a lot of comfort. The problem was that when we were not actually obeying by those rules. Only use the predators not drawn as a last resort distinguish between the terrorists and the civilians minimize any collateral damage, the family members are other people. And th
We checked them out, they had nothing to do with the media. They suddenly appeared, they said they got an invitation when they didnt. We know that individuals have contacted certain people, we know that there was an emergency meeting of tax attorneys in washington, d. C. In mid october, actually, mid to late october, and that emergency meeting of tax attorneys was designed to answer anything that Congress Might throw at it. And so while many people talk about retaliation of the nif, after youve done ibm, ford, general motors, carnegie and rockefeller, the new israel fund is not a real problem. So if there are any other questions from any of the policy people in the room, any of the you have a question . I wanted to ask you a question. What is your first name . Kyle. Kyle. Yes, kyle. I wanted to ask you, you said that this issue of paying salaries for palestinian prisoners was no surprise to, you know, the ambassadors and the policy people and the foreign ministers, yet somehow it was a
Homeless programs which every year we add new units of Supportive Housing. I can show you what we are planning on in terms of the number of new units of both single and family Supportive Housing coming online next year. If we do, please do, i would like to see the trend over many years. I dont believe weve always expanded. I remember something was going off line and some were going online. If you can prove what weve done over the years we can see it and it would be great to see. Supportive housing is one of the most important things we can do in the overall system to help people exit homelessness. Thats right. I think you are recalling a couple of proposals several years ago whereas the city was bringing on brand new Supportive Housing units mostly through the department of Public Health, we talked about and proposed ending several master leases with buildings that were not in as good as condition. Those were the things the board ended up accepting and implemented. I will be happy to p
Melissa yes. Hates bad news coming out of financials. I know wells fargo did pretty good today in their earnings. Jamie dimon didnt. What the market tells us as the day goes on starting to pick up losses. The word next week about Morgan Stanley and Goldman Sachs and some of the other financials, if they underperform, this downdraft were having in the market could turn into a 10 correction. Melissa jack what do you think. Ily it also has an awful lot to do with the glamour stocks, twitters and facebooks and teslas that were doing so well. Hey, if you will buy twitter 40 times future earnings, probably wont hit, why not own jpm at 11 or 12 times earnings . Those things lost their mojo and gilead, lot of their mojo. I think that caused investors to get a little worried about the rest of the market. Melissa hang on to your thoughts, jared. Well get you to in a second. I want to get to the exchanges to hear from our folks on the floor there. Nicole petallides at new york stock exchange. Jo