Woman and will be gms first female ceo ever. I like the fact that she did a lot of what al mulally did, shes rationalizing production, thats important when you have gm, a lot of brands, make a lot of different cars. One of the thing great about the Great American manufacturing companies, they rapidly realized you have to make the same thing in europe, same thing in asia, same thing in the United States, nobodys that good to have that many fractured brands. She was the one quoted as saying gm, no more crappy cars. Thats a good mantra. Right. Certainly ackermans tenure has been a successful one. Yeah. When she takes over, not clear at this point. At least i havent heard it in the various news reports. I dont know if its immediate or is it timed to coincide with the governments announcement yesterday . I imagine so. This is the beginning of what could be a big dividend cycle. Gm has done so many right things. They have such momentum around the globe, in china, in the United States, europe
Havent seen inflation. Because investors have spent so much time tapering, investors are interested in bond yield. If youve been watching the tenyear, right now the yield is at 2. 827 . Also, october wholesale trade and the labor departments latest job openings and latest Turnover Survey that a lot of economists watch closely. Futures at this hour are indicated higher, dow up by just about 20 points, s p up over 2. 5 points. And a big call today on Deutsche Bank. The firm says that a horde of pent up cash means that the stock partys punch bowl isnt running drooi dy anytime soon. Deutsche points out shored up cash is likely to make its way into equities in the next month. Andrew, good morning. Good morning to you, becky quick. Thank you very much. We have Corporate News for you this morning, as well, as joe was just mentioned. The u. S. Government is now officially out of gm. Theyve sold their last shares of general motors. Tack payer res taking a welcomed 10 billion loss into the autom