Good friday morning. Welcome to squawk alley. Jon fortt, sara eisen and me at post 9 on a very busy friday as the market stumbles a bit for the first time in about a week, taking a pause in their historic rally as the president goes to South Carolina for that meeting with boeing. Investors seemingly undeterred this week through headlines and fake news and cabinet changes. The question is, will that confidence continue as the president s policies move closer to implementation . Were joined by richard clarendon at pimco and mike ryans, global strategist at ubs. Good to see both of you. What a week weve had. Its not just been potus. Its been yellen, philly fed, cpi. What can we say this after week weve had . Weve had strong data for several weeks. We had yellen on the hill for Humphrey Hawkins stem. She leaves her options open, didnt show her hand for the march meeting, but strong data. One question, mike, is do you sense there is any rise in complacency, underestimation of the risks, you
On todays show, were speaking and peterhaffer dixon, Global Equities economist at commerzbank. If you have questions for either of them, go to the bloomberg. Run the tv function and hit the id show producers function. You can stay in touch with us throughout the show. Weve just got some breaking news to bring you. Eurozone manufacturing pmi, it hs bang in line wit estimates. This after we got a little bit of a softening in the inflation data last week. This number coming in strong. Lets get to the markets, see how they are performing. It was a Strong Quarter for global stocks. Equitieseing european starting a quarter on the front foot. The stoxx 600 up 0. 2 . Euro rebounding after four days of losses. Little bit of sterling weakness coming through. That is off by 0. 1 . Wti holding above 50 a barrel. 50. 56. Lets get the bloomberg first word news. Heres Sebastian Salek. Sebastian donald trump says america can address north Koreas Nuclear threat unilaterally. Summitments, ahead of a bet
Stopping every hundred miles calling baton rouge welcome to squawk alley. With me at post 9, kayla tausche. A head bop. Yes. Jon fortt is at the vanity fair summit and joining me. Jason calacanis. Good morning to all of you. The clock is ticking to the start of the final president ial debate between donald trump and Hillary Clinton, 9 00 p. M. Eastern time from the university of nevada in las vegas. Our own john harwood is on the scene with a preview. Good morning again, john. Reporter good morning, carl. I want to play for you some of the sound that we talked about last hour showing highlights from the first two debates, which are the most important ones, because the viewership was higher than we expect it to be tonight. In the first debate, the most effective thing donald trump did was make an argument for change, and Hillary Clinton baited donald trump in ways that paid off later. Take a listen. Why are you just thinking about these solutions right now . For 30 years youve been doin
Latest. Moreanges are little bit positive but nonetheless, not seeing a lot of changes. In earningsto be season as well as trading on some of the big deals that we have been hearing about over the past couple of days. If the s p 500 ekes out again today, it will be the first game in the past week. Look at the chart. You have here, we have seen a 1 decline. We will see of that losing streak is broken today. Games we are seeing, amazon is the biggest contributor in the s p 500, up nearly 1. 5 . A market share in the tablet market rose for amazon 7. 3 . These are thirdquarter numbers even though overall tablet sales were down. Watching sales as those opec talks indiana have not yielded much. Falling, exxonil falling suit. Chevron is trading higher by three quarters of the percent. With the commodity market, we are talking sugar and cocoa. Both of them are falling. Sugar down on technical reasons. At a is also trading lower quarter percent. And for a longerterm look at these candy related
I am Francine Lacqua. Also coming up, we try out the bendable sunglasses that kids cant break or lose. This is serious business. My children love destroying sunglasses, anything they can get their hands on. Plus, the church of buffet. The oracle of omaha has inspired thousands of investors. We sit down with one of his most faithful followers. First, a bloomberg exclusive. We have been speaking with italys newly appointed finance minister. He told us he would welcome further depreciation of the euro but he doesnt expect it to happen. Offario draghi has taken the table the risk of the breakup of the eurozone. This benefits all eurozone members including italy. Italy are growing again, exiting the recession. The challenge for italy is to make that growth which is too fragile, much more consolidated and resilience. This is where a italian policy comes in. Broad and launching a ambitious structural reform reform ascluding tax well as measures to boost economy in the short term. We strengthe