Saw that tweet this morning at 4 30 on the day where the dow gained 30 points and nasdaq advanced. 15 . And its always been like this. And the tweeter came back, so investing in stocks is betting on the fed . Is that why small investors always get in at the top . In other words, this guy just doesnt think the move is right. I think that the word right has to be the most expensive word in the english language. This is not an ethics class, people. Its not an exercise in some bizarre form of justice. Its not right or wrong what seems obvious to me appears incomprehensible to others. I sound like someone who wants to get away with something, while those who think its not right somehow represent the true path of reason. How the heck did this happen . How could so many people feel like paulkingsley, who penned the tweet . I think its central to finding out the next leg of this market. It holds the key if stocks can rally higher from these elevated levels. And i know theyre elevated. So, firs
Hiltons ipo, the second biggest offering this year. And facebook is joining the big boys club. The s p taps the newest member of the s p 500. Display youre watching Worldwide Exchange, bringing you Business News from around the globe. Its thursday, the 12th of december. Youre watching Worldwide Exchange and its good to talk. Well, not always. Coming up on the show a little bit later, 10 40, youve got to tune in as we talk to a car pooling company who puts commuters together based on how much they want to chat. How that works out, i have no idea, but well find out. Stocks in the u. S. Have had their worst day in more than a month ahead of next weeks fed meeting. Are we at a Tipping Point . Has santa disappeared . Well be over in boston for a view on what happens next at 11 30 cet. Ten minutes later, we take you for an interview with michelin, north americas ceo, pete sellick. Hilton worldwide is making its debut during 2013. But first, russian president Vladimir Putin is currently deliv
Saying theyll float the combined company immediately. Facebook confirms severe Winter Weather has had a major impact on the economy. Fed president Charles Plosser says the extreme weather has been clouding his readings. The data, aus point out, has been very noisy. Weve had storm after storm after storm on the east coast and drought in the west. Its been difficult to get a decent reading on the economy. Warm welcome from todays program. Coming up later, extended programming for that. Pressure, of course, yesterday from the imf. But first, we turn our attention back to whats going on in the ukraine. John kerry is set to meet again with the Russian Foreign minister lavrov in rome today. Theyve reached no quick conclusions, although kerry did Say Something concrete had come out of the discussions. Diplomatic efforts face set backs after lavrov refused to meet with his ukrainian counterpart. Eu leaders are arriving for an emergency summit in brussels. This is the latest show of the area wi
And investors braced for todays investment report and another low payroll numbers. U. S. Stocks hit record highs as investors celebrate five years since the bottom of the market after the financial crisis. Welcome to the show. The s p is up another three points. Here we are an hour into trade, weighted to the down side. The ftse by the close last night was up some 13 points. Its down 27 at the moment. 0. 4 lower. Xetra dax down 0. 8 . Cac 40 down 0. 3 and the ftse mib off 0. 5 . The nikkei was up when we closed up for trade in the week in gentlemanen pa. The hang seng down marginally, the asx 200 up about 0. 3 . The focus is very much on the u. S. Employment report. Looking for an increase in 152,000. The Unemployment Rate may tick down 6. 5 depending on which forecast you look at. Here is treasury yields. 2. 712 . We were at the close wednesday with a close. It looks like military action is less likely in ukraine, so yields are just perked up, 2. 72 . But ahead of them, the bond repor
Egocentric adrenaline junkie who deciphered the human genetic code is experimenting with synthetic life in the laboratory. Arent you playing god . Were not playing anything. Were understanding the roles of life. Do you believe in god . No. [ticking] this is the first allelectric sports car, the roadster, made by tesla motors. Yeah, you can floor it, no problem. Itll be fine. All right. Here i go. You ready . The chairman of tesla, elon musk, says the roadster can accelerate from 0 to 60 in four seconds. Its propelled by more than 6,000 fingersized laptop batteries and not a single drop of oil. Welcome to 60 minutes on cnbc. Im lesley stahl. In this edition, we look at the business of powering the planet. We meet a group of overnight millionaires getting rich from gas dug out of rocks. We also take a look at the financial promise of an emerging science known as Synthetic Biology. And finally, we examine an alternative car fuel that you probably never heard of laptop computer batteries.