Dollar exit package. Ford cant get its china strategy just right. With you one billionaire turned space cowboy could be looking for love in all the wrong places Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan here is how stock futures are looking to kick off the trading week what a week it will be as earnings week kicks off in earnest tomorrow well see the dow open up by 112 points the s p up by 11 the nasdaq up by 42 points as well this week well hear from jpmorgan chase, wells fargo, citigroup, delta thats just a few of them in terms of earnings reports due out this week as the earning season starts off. According to data, they say Fourth Quarter earnings are expected to be down 0. 6 of 1 which would mark the second straight quarterly decline that has not happened since 20152016. Maybe an earnings recession. Thats what folks are looking for perhaps this time around treasury yields in focus we see a Little Movement in the
Hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. The chinese delegation heads to d. C. Today for an expected phase one signing on wednesday plus new ceo, same crisis. What to expect from boeings new chief executive, David Calhoun, who takes over today and the future of the 737 max. Then there were four, alphabet nearing the trilliondollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. All three major indices are in the green since the beginning of the year led by the nasdaqs 2 gain as we were saying on squawk a few moments ago, jim, if lulu yes, maam of lemon is a clue to the earnings season, maybe this rally has been justified we have two conference this is ek wweek, icr in orlando andi conference in san francisco, health care. Theyre used to be able to say better than expe
The unmissable, which is Fiat Chrysler that didnt go with allianz. They go with psa but its unbelievable, how can you lose that . How can you lose this huge opportunity to become the dominant player in this industry by developing ties with people who were eager to join you, who were totally complimentary to the lines . Obviously youll have 15 explanations, its because of ghosn, because this and that and that everything is on me, now, okay, but it is unbelievable that this happened, its unbelievable. So what i would like to say is, this is not a common case where you say mr. Ghosn, he didnt, and the media sometimes they say he didnt pay taxes. No taxes involved. He didnt compensation when i tell people i didnt receive any compensation, they are surprised b you the whole story has been put in a way to lead people to think something which is different from the reality. Okay, and i must admit, theyre very good at it. Thats probably the only way, the only thing because on everything else, w
A shortened session tomorrow and were going to watch this news, whatever it is, as it is halted, currently for news pending comes on the heels of front page story in the times today, which says a couple of different things, one, he was dressed down by the faa chief earlier in the year told not to ask for any favors and says the halt of production of the max in their words is one of most consequential decisions in the companys 103year history. We dont know what this news is, jim, probably wouldnt surprise many people if it involved mull muilenburgs tenure. His top priority has got to be getting along with charming and sharing and being transparent with the regulators. I would have thought that would be Crystal Clear the day of the first crash. How did it reach that juncture shocking one thing he says is dont ask for any favors was he expecting him to ask favors that is not a good situation to be in. Thats just one small way, part of the way, this crisis has been handled for the last yea
Dennis muilenburg, replacing him will be the former chair, technically chair, will step out of chair, become president and ceo, David Calhoun he becomes president and ceo effective january 13th what was the final straw that broke the camels back in large part, the relationship between boeing and the faa which is completely broken down over the last several months. I learned from sources that this morning David Calhoun called the head of the faa, steve dixon it was a short but amicable phone call in that call calhoun said to dixon boeing welcomes rigorous oversight. He also said boeing wants to be regulated. This is a big change in tone for boeing compared to where it was a few months ago but in terms of whether or not Dennis Muilenburg was not going to be in the job for long, it was expected for some time his tenure would be short. This is our conversation with him in the halls of capitol hill just a couple months ago have there been discussions with the board maybe once this is certif