Member at your place of worship. Maybe it saves the lives of one of your childrens teachers. Maybe it saves your lives. So, please, i implore you, wear a mask do it for yourself do it for your neighbor. A mask is not a political statement, but it is a good way to start pulling the country together i want to be very clear. The goal of mask wearing is not to make your life less comfortable or take something away from you. Its to give Something Back to all of us, a normal life the goal is to get back to normal as fast as possible and masks are critical in doing that it wont be orever, but thats how well get our nation back, back up to speed economically so we can go back to celebrating birthdays and holidays again so we can attend sporting events again, so we can get back to the lives and connections we shared before the pandemic. It doesnt matter whether or not we always agree with one another. It doesnt matter who you voted for. We are americans and our country is under threat. And now
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Thank you very much. I was just talking about a thawing for the markets. Yes, earlier today, we did hear that of course, stimulus talks would be in play and that we started to hear some Smoke Signals between nancy pelosi and of course, we were talking about trillions of dollars could possibly be pouring into the economy. Shes speaking with treasury secretary Steven Mnuchin. But apparently now Mitch Mcconnell as he just heard is pouring cold water on that, or maybe hot water because we were starting to see some real action here. Now, movement on a spending deal quickly erasing at least the bad taste in some of the mouths of some investors after last nights debate performances by President Trump and joe biden. Fox businesss lou dobbs calling it the worst debate hes ever seen. Lou is about to in join us live. Hes been crafting his unique debate analysis. He will give it to you even before he gives it on his own show tonight. Stay tuned. Hes coming right up. Meanwhile, this latest Silicon
Industrial average is up more than 760 points. Steve weiss, i go to you first is this how a bottom, at least a near term bottom, is made . Does it feel like we are trying to do that today right friday we started trying to do it, towards the last hour of trading powell came out and talked i dont think there is any surprise to what he said i put some exposure on then. Put more on this morning feeling good about the market. But i think it is going to be shortterm heres why the u. S. , as of friday, performed 500 covid19 tests right . Putting that in perspective, the uk performed 8,000, south korea performed 65,000 the point is that once we start ramping up those tests and pence said we would have 5,000, you are going to see in my view more major outbreak in the u. S. You think the numbers are going to go way up. Dramatic and that will put pressure on the market last week alone i spoke to five Tech Companies you hear them saying 50, 60 are back to work when you ask them to break down the n
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange record highs across the board as the dow is up 129. Session highs now. Absolutely. Were going to start with apple at fresh highs shares of the tech titan hitting records as three wall street analysts upgrade price targets on the stock mike molson upped his bet on apple from 270 to 290. Dan iefs sees it head for 325, and another raises to 290 from 280. Joining us, dan ives happy friday you too. Quite a run for apple from here, up 38 in the last 12 months, consequently up 30 in the last six months. Those first six months, wasnt doing much, what convinces you, is it mostly the iphone thats got that much more room, 24 or so from here to run . Great question. There are two components to the bull thesis, a lot more fuel in the tank one in terms of iphone 11 and 5g combined, i view it as a super cycle in the next 12 to 18 months we think you have 40