Win a court order to prevent the protesters from coming in. Three organizers were banned by the judge, but the judge said she would not be able to stop the others from showing up, they did. Governor sent state troops to the scene, what do you think . Should they be able to protest at a busy airport. Look, i am a proponent of first amendments and all of bill of rights, second impeachmenamendment too. I believe people have a right to protest. But i will tell you about a conversation, with a friend of many, these people, black lives matter are using 20 centurytactics for problems of the 21st century. They do have real problems. The Median Income for blacks in the state is 45th of 50 states. Mississippi is ahead of them. There are real problems they do have, but the question is are they attacking the right problems and looking for real solutions. Jo ling what do you think would be better act tactics to use in the 21st century. Im glad you asked that, jo, governor dayton, that is employing
1. 97. Our road map begins with a rally in the markets. Coming off a volatile day. Futures in the green. Adp numbers higher than expected as well. Jcpenney is feeling the holiday cheer. The stock is up nearly 20 in the premarket. Bill ackman is still unimpressed. The shooting at a paris office of a satirical magazine has left 12 dead. Well continue to bring you developments on that. First up, futures up sharply as the s p and nasdaq look to snap fiveday losing st the s p is in the midst of its second worst threeday losing streak to start the year since at least 1950. Oil prices also higher after brent fell below 50 for the first time. Ahead of the friday jobs number, adp 241. Not bad as theyve realized december higher. I dont know. Blankfein on squawk today. I thought the adp was interesting. Looks like the firings in the oil patch are either not impacting or theyre just not as great as we thought. I also felt that when i looked at the difficulterent earnings we got, we got some good o
Thats certainly how it feels on todays like today and the perception everything is going wrong is absolutely at the heart of the decline. But im also sure of something else. Whats good for the stock goose isnt necessarily good for the stock gander. Not everything can be bad all at once for all stocks. Some groups are going to be winners. Even if the big name industrials could get a further beatdown. So lets pull the negatives apart and is see where they take us. First the dollar was very strong today. Thats being viewed as a huge negative for all companies. I think the action today was contrary to the major trend. Ill go off the charts later to demonstrate the technical case for betting against the dollar and in favor of the euro. But lets say im wrong. Do you remember how the market reacted to the sustained strength of the green back that was the story for most of last year . While our International Stocks did indeed get pounded, many domestic stocks performed fabulously. The domestic
Record. And in corporate news, comcast is buying the rest of nbcuniversal from general election for 16. 7 billion. Its wednesday, february 13, 2013. Squawk box begins right now. Good morning, everyone, welcome to squawk box on cnbc. Im becky quick along with joe kernen and andrew ross sorkin. We are following major stories. After yesterdays close on wall street, u. S. Equity futures this morning, well, you see they are fight a little bit higher. They are fight a little bit higher. After gains yesterday, the dow up more than 45 points yesterday. Our guest host is westwood capitals len bloom. The next hour, famed investor and billionaire real estate tycoon, sam zell. Topranked money manager don yakman. His fund have seen annual returns of 10 over the last five years. Well also talk about how Business Leaders and investors are reacting to president obamas state of the Union Address. Among the topics high talked about last night, jobs and the economy. Even mentioning some companies by name
Him and the league. An executive in the sports world will give us a solution worth talking about. First lets check in with sue. We start with the markets. We are near our lows of the trading session. One of the culprits pushing to the down side today is a spike in Interest Rates. We spiked to 2. 16 ahead of the key fed meeting next week where a lot of people expect the language from the fed to change. If you want to know where Interest Rates have been going from july until now we have seen a steady decline and now a relatively steep move in Interest Rates in a short period of time. We are less than half way through the month. The ten year note is yielding 2. 592 . It was at 2. 61 . What is going on here . There is tension in the market. Somebody told me today we are kind of at a Tipping Point and a lot is because of the fed meeting next week. Number one, as you pointed out is Interest Rates. Today when we had the retail sales number come in in line with expectations Interest Rates move