Welcome, everybody, to power lunch. Im tyler mathes the win streak for the s p is clearly in jeopardy on this friday, this jobs day. Mornings job report, the s p, six record closes inthe row. The longest streak since way back in the clinton era, 1997. Financials, the best for forming sector today xlf hitting the tenyear high. The move could be a result of the treasury treasury today recommending looser Financial Market controls repealing sections of the dodd frank act and biotech is on the move with the ipb hitting nearly 2. 5 for the week speaking of highs, netflixs alltime high after it announced price hikes yesterday. Costco surprisingly the worst performer in the s p 500 it is rarely that. But it did report a drop in Profit Margins and that will do it, pete. Michelle the stock is getting hit hard, but we begin with the jobs report 33,000 jobs lost last month. The hurricanes being blamed for the first monthly decline in seven years. So should investors just throw the report away . S
How did these three people somehow meet in and around new york city to come up with the plot like this . This is truly an international endeavor and what happened is probably they knew each other from another time and that the financial side of it came from the philippines. Its a confusing case but once the undercover agent was introduced from the canadians, thats where it all came together and theres no doubt in my mind if theyre reading everything in the affidavit that it is the informant in this he rolled over and came on to the other two people involved. Charles that would be the canadian citizen . Yeah. Charles so they brought in the undercover agent was able to infiltrate this under the premise of providing funding . Under the premesis of being able to setup the to execute the deed within new york city, to put the right people together and to come up with not only the funding i think because they were looking at the funding coming from the philippines, but to put the whole thing
Reform efforts. At 9 00 a. M. , a politico reporter on the process for several hearings who want to keep you aware of happened today. Jeff sessions will appear before the House Judiciary Committee. At 5 00, a markup of the text reform bill. The governor of the Virgin Islands and puerto rico will testify about recovery. Go to cspan. Org about more information. It is the washington journal for november 14. When it comes to roy moore, Mitch Mcconnell says he should step aside from the race. Carlisle colorado governor said the senator this as a fifth woman accused him of sexual misconduct. For the first half hour, your thoughts on roy moore, particularly if you believe him or his accusers. If you are alabama resident, post on twitter or facebook. If you go to the aol. Com, that is a newspaper based out of alabama, take a look at news out of alabama, it has the story about yesterdays accusations that came forward saying that minutes before the new accuser came forward with allegations come
Daca . Guest the president said that he wanted congress to fix this program. It is run by executive order. Congress, do your job and lets figure out a way to deal with these hundreds of thousands of kids, many of them come in at age 2, 3, 4, years old. Gone through our education system, they have jobs. Registered, all of that. Without a legislative fix, they could be forced to go back to a place they dont even speak the language. There is a Bipartisan Group of folks that is working to have some legal way for them to be able to stay. Theres a couple of working groups. Im a part of a group called problem solvers. We have had a lot of discussions and we are meeting this afternoon. The idea is, maybe before the end of the year, but certainly at the beginning of the year, we need to have a legislative solution that we can move through the house and senate, get to the president that he can sign to give some assurance to these kids. Host is there a legislative solution . Guest i think there i
Streak yesterday look at whats been happening with the markets youll see overnight in asia, you can see what happened with japan. Down by 0. 4 hang seng slightly weaker. As the president is preparing to speak in poland, market theres are a bit weaker dax is down by 0. 6 . The cac is the biggest decliner, down by 0. the ftse is off by a half percent. Crude oil prices, which yesterday fell for the first time after eight days in a row of gains are up once again a gain of 65 cents to 45. 78. Sorkin, is he back tomorrow no. He may be back on monday not sure i will tell you about the three big stories. I hit this up to see what three big stories. Look how much i have to read look at that im looking on my machine about what is heavy duty lifting that youre feeling i dont even have andrew i even want him to come back to take no ill do this. Ill give it the Royal Treatment it deserves. The enthusiasm here are the big stories today tloos three of them. New this morning a crash test brings into q