It will be the worst month since may of 2012. Europe still in the red as well after german retail sales unexpectedly dropped. Road map begins with markets in a Holding Pattern on this last trading day of the month. While deliberations by the u. S. And allies over intervention in syria stretch on. Meantime, a new nbc news poll finds roughly half of americans are against military action. They are kicking off that iphone trade i told you about earlier. And ge reportedly set to spin off its Consumer Lending business. Well talk more about that, too. Futures pointing to a slightly higher open on the last trading day of the month as fears of imminent military action in syria ease. The uk voting against joining any military action. The white house says the president will decide on a response based only on u. S. Interest and nbc news poll shows 50 of americans believe that the u. S. Should not intervene in syria. Never the less, guys, all the papers this morning, the journal, the times, the ft,
And the New York Times runs . What are the distributional consequences . Will the rich be paying more . What about the middle class . Shouldnt we be having that same discussion in the conduct of Monetary Policy . If you think about this Monetary Policy, if youve got the freedom, like ken and stan, to devote huge amounts of money into liquid assets, to play the risk game, youre going to be a huge beneficiary. So this is in some sense a policy where we also need to think about the distributional consequences. And this is in some sense a transfer to people that are rich. Trickledown economics. Stan calls this trickledown economic policy. Others can see if it worked in fiscal. Well see if it works here. Its also a transfer to those who are imprudent to those pro are prudent. Dont wait so long next time. Its been unbelievable having you. A great hour. Thank you. Thanks, joe. Thanks, becky. Good to be here. Andrew, well see you soon. Make sure to join us tomorrow. Squawk on the street is nex
Good morning. Todays top stories, a key debt auction in italy amid postelection uncertainty. In the u. S. Quarterly report due from retailers like target, dollar tree, and tjx. Plus, ben bernanke goes back to capitol hill. Yesterday the markets rallied on what the fed chairman had to say with support of easy Monetary Policy. Its wednesday, february 27, 2013. We have one day or two days left in the month. Squawk box begins right now. You called me a dove. Maybe in some respects i am. But on the other hand, my inflation record is the best of any Federal Reserve chairman in the postwar period or at least one of the best. About 2 average inflation. So we have worked on both sides of the mandate. And were trying to achieve a stronger economy for everybody. Good morning, everyone, welcome to squawk box on this next to the last day of february. It is not a leap year this year. You know that, joe. Friday is march 1. Im becky quick along with joe kerner and Andrew Ross Sorkin. Weve been watchin
Boeings flight plan, the Aerospace Giant heads to washington today to pitch the faa on a plan for fixing the dreamliners battery problem. Tech toughness, shares of Hewlett Packard getting a boost on a better than expected quart ily report and upbeat guidance. Plus, a key election in italy. Not the pope yet. Thats coming, though. The outcome is anything but certain and the Global Markets are paying close attention. Its friday, february 22nd, 2013 and squawk box begins right now. Good morning, everybody. Happy friday. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Keeping an eye on the u. S. Equity foourchs, well, after a couple of days of declines, dow futures are up significantly this morning. Thats a gain of 50 points above fair value. The s p 500 is opening up by about 6 points and this comes after two days of declines and a lot of questions about whether this rally has tapped out, at least for the moment. Among the key Market Drivers
Good morning. The days top stories, the battle of the bull as is s p comes off its first weekly loss of the year. On the global front, european markets are trading nervously amid election uncertainty in italy. And in hollywood, argo stormed to a best picture victory at the oscar hes. Its monday, february 25th, 2013 and squawk box begins right now. I thank everyone on the movie, worked on the movie, did anything on this movie gets thanked. I want to thank canada, our friends in iran living in terrible circumstances right now. I want to thank my wife who i dont normally associate with iran, but i want to thank you. Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with joe kernen and Andrew Ross Sorkin. Were watching the u. S. Equity futures at this hour and right now it looks like there are some green arrows. You can see dow futures up by about 50 points in fair value. S p up by just about 7. Joe mentioned the oscars. He was very excited about this. If yo