Maria welcome back. Good thursday morning, everybody. Thanks very much for joining us this morning. Im Maria Bartiromo. It hope youre having a good thursday morning. Its thursday, march 14, time for the hot topic of the hour. New fox news poll shows former President Trump leading President Biden in two crucial swing states. If voting were held today, President Trump trump leads with 49 of the vote to bidens 45 for all registered voters in arizona. Trump is leading in pennsylvania, 49 compared to bidens 47 . Joe, you mentioned the swing states. Your reaction . Look, i think t hard truth is that you take the pulse on main street right now, they recognize they are less safe today than they were four years ago and their bank account is in worse shape than it was four years ago. The savings that were depleted because of the spending, the inflation that is december mating any you of t thedesimateing any of of the increase in the wages. Those numbers tell the pulse of main street. In an elect
Surprise profit and Record Services revenue, but says weakness in pc and ipad could continue to drag down sales. And amazon shares rallying after reporting blowout profits beating on sales and the company issuing optimistic guidance as well interesting internals in the jobs report this morning 187,000. Unemployment, 3. 5 average Hourly Earnings, a touch hot, but the workweek shrank, mike, so total weekly pay, below expectations i think it all nets out to consistent with a slowing but still tight labor market and a relatively soft landing for the economy. You did have those downward revisions, so decelerating but also lower Unemployment Rate implies just not a huge supply of idle workers to draw from here the main market kind of bank shot on this is what does it mean for treasury yields thats been the story all week you have had longer term yields really going higher, not much because of repricing what the fed is going to do, but just in general, a lot of dynamics pushing in that direct
There is nothing wrong with them. David co and they have the capacity to borrow. Vonnie yes, and lets make it clear. They are the third to have cut this. Jonathan this as brent climbs to be fourmonth high. Lets check in on the markets. Futures are positive ahead of the open. The ftse up around two points, there is a story on the luxury goods in there. If you switch up the board quickly, the dollaryen, a sevenday losing streak. Can we break that . Up. 5 inflation as a 15 month high. And april it skews the number a little bit. We will get to that. There it is on the screen. 7 and brent crude making a fourmonth high. We have lots of news to get to. Lets get to david with the first word news. Both menosecutors say involved in the brussels bombings were involved in renting apartment. 16 victims died in the attack 16d suicide bombers killed others at the airport. Forces in syria are working on the strategic Hilltop Village. The area has been held by groups opposed to the government since 201
Cofounder and re codes managing editor. Good to see you. Good stuff to talk about. Markets higher by 51 points. Amazing three hours with Warren Buffett this morning. He talked about the election, the economy and technology. Becky quick is live in omaha to bring us highlights. Reporter great to see you again. Warren buffett is not known as a leading technologist. You could probably call him the antithesis to that but he can spot a winning Business Strategy from a mile away. When it comes to winning Business Strategies there are plenty in the world of technology. Thats part of the reason that over the weekend he gave a shutout to jeff bezos. A shareholder had asked a question about trends and buffett said we are not going to outbezos him. He added this morning with additional comments. Listen to what he had to say. There are certain people do you not want to try to beat at their own game. Certainly jeff bezos would be number one. That would be like me playing chess with bobby fisher 40 y
Well have the numbers the moment they cross and the best analysis in Business News. Of course we are waiting for president obama during this hour to speak at the white house. Set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the United States. Well bring you, of course his comments live as soon as he takes the podium. Lets have a look at exactly where we are on the markets right now. The dow at its lows was down 109 points. Its quite a strong comeback although i guess for your Broader Market the s p still negative for now the third time in four sessions. We keep trying to make a hit at 2,068 and keep failing on that. Were five points higher than our recent range. The nasdaq is higher. This is the third decline in four sessions for the dow and the s p 500. Okay. Lets bring in our contributing panelists today. They include Keith Fitzgerald from money map press, Jack Bouroudjian with us from index Financial Partners jeff r