Negative year in five years. Plus, new highs in striking distance stocks set for what would be a muted open after another round of wall street records. And the shipping wars, amazon blocking sellers from using fedex ground for prime fedex does report tonight after the bell lets kick off with boeing, though now on track for four straight declines the Company Confirming it will suspend production of the max beginning in january as regulators make it clear they will take their time in approving the jets return to service. Boeing says the decision is driven by a number of factors including the extension of certification into next year southwest, jim, is delaying return until april now thats the second delay in two months. They cant get this right and throughout this, the thing that people talk about, speak to large Money Managers look i do, we cant move the move this to 400 this thing gets through, we cant. Well stand there and buy the stock. Not going to let it go under 300. We want every
Fortt and leslie picker. Interesting morning as we await the fed decision this afternoon. Tim cook speaking with japans nikkei while visiting some apple stores and ink suppliers defending the companys job creation in the u. S. And complaints the company has faced over competition cook saying, quote, a monopoly by itself isnt bad if its not abused the question for those companies is do they abuse it. That is for regulators to decide, not for me to decide joining us to talk about this and a lot more, managing partner susan line and ciscos chairman emeritus, john chambers. Good morning, guys. Good morning. How you doing good. Lets try to put these comments in some context. Why do you think theyre happening now out of cook, at least . Well, i think theyre happening because theres a general concern over privacy and over moves to increase privacy at both facebook and apple products but i think for him, this was an interesting moment because its the first time hes really tried to defend a mon
Listening to him say i dont watch the stock market seems fanciful given that he tends to be firmer on his trade rhetoric when the market is close to alltime highs when he frames things these way i wait for the moment he stands up in an arena like alabama and says all those Treasury Bonds the chinese hold, how did they get it . They stole it. Thats where hes headed if hes around another four years, thats where its headed. Youve raised that point before it seems a natural conclusion and it would be totally in character. Not paying you back. Threatening not to pay back totally, right . Treasury. Remember this conversation because when he says it in front of one of his crowds, theyll cheer. Theyll cheer. Markets wont no, they wont. Brings up the mindset of President Trump where he looks at the stock market at record highs and says we can afford Something Like this today because were doing well thanks. Congratulations on paper back. Michael lewis. Good Tuesday Morning welcome to squawk alle
China. Of course, we are going to get that 9 30 a. M. Press conference. Stocks as you saw look to higher look to a higher open. Dont worry about china iphone weakness why one key Analyst Thinks apples china woes are overblown. And two big tech names are moving in opposite directions. Oracle is falling on a revenue miss adobe rallying on an earnings beat we got broadcom to get to, costco, number of earnings this morning. Lets start with the Broader Market investors are trying to digest conflicti ining headlines. The Chinese Commerce ministry set to hold a News Conference half an hour from now. And, jim, we dont have a heads up in terms of what theyre going to discuss whether or not were going to learn about their view as in, yes, were all in or not. Kayla tausche last night, basically, you dont know where we are it is in flux. At 5 00 a. M. It was x, at 7 00, it was that, 8 30, new view. But the one thing is certain, this story that made the rounds, that the president has put out that h
Two weeks. Road map begins with to wait or not to wait. The president says might be better to delay a china trade deal until after the 2020 election stocks have been spooked by that, futures pointing to a sharply lower open as investors weigh this new political rhetoric. And trade tit for tat, the Trump White House proposing a waive of tariffs on french goods in response to do facebook and google trade in focus, in what say rough start to december for stocks just hours ago in london, president made that market moving comment regarding china trade. China trade deal is dependent on one thing do i want to make it i have no deadline, no in some ways, i think it is better to wait until after the election, you want know the truth. I think in some ways is it is better to wait until after the election with china. Im not going to say that. I just think that. I just tell you. So we got brazil and argentina, france on the table and as you said on twitter, a while ago, the chinese pulled the rug o