Hurricane. We are going to have a ton of money directed at us. Plus, the weeks top interviews put the pandemonium in perspective. We are going to continue to speak up, no matter who is in charge. Hello and welcome. The week began with a familiar note of a nuclear test putting the rest of the world on edge. Atthe political tensions are washington hasnd promised an overwhelming response and the u. S. And south korea are trying to analyze the details of the test. They are saying this could have some type of effect negatively on the Growth Prospects in south korea. This could be seen as a slap in the face for north koreas main ally, china, and the test coming as president xi jinping welcomed the leaders. What is the mood in china . The chinese put out a statement saying they did not agree, didnt back, and did not support what the north koreans were doing. They said it was wrong actions, and they called for a resumption of dialogue. The chinese, it doesnt seem, are going to be changing thei
North korea vowing to speed up its Nuclear Program in response to the latest sanctions, but are they really doing enough. President bush 43, peter brooks, peter brooks. It seems that every time we do Something Like this either they upped the ante and ignore what we are doing our double down what they are doing or both. What do you think . Well, they are proceeding at a measured pace bearded on measured pace dont think its accelerating, necessarily it could it that these sanctions. North korea is committed with its ballistic missile. No doubt about it. Im very skeptical to negotiate that away. If they come to the table, you will not be until they perfected those programs and they have some rain though it gives them tremendous leverage. What do they do to change their behavior. It looks like they kind of buying in the face of whatever other sanctions reconsider. So if that isnt moving them, what will . Sanctions take a while to implement. And limitation is the real challenge. Everyones g
Welcome to squawk alley, im carl quintanilla, john fortt, sara eisen at post 9 with reaction from the interview with flannery thanks for spending extra minutes with you david faber, our colleague, is commended for doing exactly what hes done all his career, asked all tough questions. I was impressed with mr. Flannery, very impressed he did a bill parcells, Bill Belichick thing. He didnt need to tell you how bad it was and how the previous coach didnt do a good job hes focused on the future he used words i have said to him, you know, horrible, horrendous he was much tougher on ge than i was, and i commend him for that. And he will say he is underpromised that doesnt mean he can overdeliver initially, but i was very pleased i thought he killed it, frankly, i thought he killed it, and he made you feel that this was going to be a new broom sweeping clean, and i think thats just what has to happen, but Going Forward were going to speak about flannerys ge, but he has to take some tough actio
Flyer will join us power lunch starts right now welcome to power lunch earnings feeling a big earning today. The dow up triple digits, fueling it caterpillar and 3m, adding 100 points to the dow just by themselves 3m higher by 8 . H r plunging 20 the office maker beat thing at earnings estimates its coming in well short of expectations whirlpool shares are tanking on news that sears will stop selling the brand. Stanley black decker rallying. The toolmaker also raising its full year outlook. Tyler . Thank you President Trump meeting with republican senators right now pushing his tax reform money, which he says will generate 12 trillion in economic activity. This after getting into another war of words with bob corker the president has already arrives at the capital for the Senate Republican lunch hes attending, take a look at the video of the arrival of the president. He walks inside alongside Mitch Mcconnell. Thats called the ohio clock position, just off the senate floor, a normal wal
Welcome to power lunch. Stocks are moving lower but the dow, s p and nasdaq did manage to hit new highs in the session. First, the losers, blue apron taking nearly 20 at record lows they say the new Fulfillment Center in new jersey is eating away at profits. Trip adviser is down by about 20 on the revenue miss. Red robin, can you say indigestion. That stock is down 30 they are missing the mark and slashing their profit forecast the double digit winners, valiant pharmaceuticals earn more than 15 . Weight watchers is up 17 . The company beating on the top and bottom line says it is testing a Meal Delivery service. Oprah smiling today. She is up over 600 on her investment in wtw, wow if you are wearing a blue apron at red robin, you have a problem. Down about 40 im Tyler Mathisen here is whats happening after a threemonthlong battle, bill ackman loses his bid for three seats on the board of adp. Home prices rose 7 . 48 of the nations top 50 housing markets are now considered overvalued. A