Attacks. Hackers attacked the u. S. Militarys twitter account. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. Beats his rival, the award for the best Football Player in the world. Greece doesnt have much time, the words of the greek finance minister speaking exclusively to bloomberg just 12 days before the general election. He has given us a wide ranging interview on his nations prospects and the challenge posed, a snap general election on january 25 and early polls show the antiausterity party is the favorite. Alexis had promised to write off some of the 322 billion euro debt. Greece could be forced to leave the euro and samaras was to start his own deal. Wants to strike his own deal. For more on greece less give it lets give it to Elliott Gotkine lets been speaking to the finance minster. Good morning to you. It was a confident and apparently relaxed finance minister i met yesterday morning. Perhaps, after the elections something less stressful to do ot
Cap have, and what they jobs are still open. You see monks here at a temple in tokyo ringing bells to celebrate the new year. They are right outside, as you can see. New years is getting underway already in tokyo and overseas. New zealand started off this morning. Welcome to our new years eve edition of market makers. The final day of the year. We have breaking Economic News as well. Consumer confidence numbers are just coming out. We get a better than expected reading in Consumer Confidence for the month of december. Eric, you are just checking that this is the highest since when . September. Calexico decline has been revised higher to a read of 72. It is in line with what we have in seeing. University of michigan, confidence index, all rebounding from lows they saw a couple months ago. So we are coming off of base here. This is certainly a way to tie in how people are feeling as we head into the new year. It is backward looking because it included the runup to the Holiday Shopping se
In just a few hours. As for europe, some green arrows, despite a miss in the eurozone in production this morning. The road map starts this morning with, of course, the fed. Expectations for revamped bond buying program. What will the Economic Forecast say about next year and what to make of the wall street journal story that says academics are driving Monetary Policy at secret dinners in switzer land. More counteroffers in the debt negotiations. It looks like Corporate Taxes are part of the deductions. Costco beats by 2 cents, better sales and better sales and membership fees. Some more reports about apple tv today. The journal said its designing a high new highresolution set. Microsoft trying to widen the list of retailers that will carry the surface tablet. The fed is going to wrap up its twoday meeting. A watch is on to see if ben bernanke and policy makers make a decision about the Interest Rates. Later on, the chairman will hold a News Conference, and of course, cnbc, will bring i
The laypeople. It is a fascinating notion because every day across the americas citizens continue to engage in the political process. Imaginings they are fighting the old fight coming to win it in ways they have historically done it. Occasionally they will a prevail. But beyond the zone in which they operate there is another reality altogether a and that separate reality altogether is now such a definition that politics is discarded a handmade tile the relevant to at least to the eyes of the media. Let me give you an example. 60 american states have called on the congress of the venice states to pass a constitutional amendment to overturn the 2010 s and Citizens United ruling to allow corporations to spend as they choose in politics. 500 American Communities come a major cities lossy angeles, a tucson have petitioned the their government for the redress of grievances. 35 new venture towns petitioned their congress to overturn the ruling. But yet that story is discussed almost nowhere i
Because even when they say its not it is always about money. Melissa so new intraday high for the dow on track to close out day for another record level. Economic data out today, less than thrilling. Retail sales basically flat. Is there any correlation between stocks and economy anymore. Barons Senior Editor jack hough, fox businesss tracy byrnes and wall street journal spencer. I given up, there is no connection between the economy and stock market anymore. Theyre totally not correlated. Am i crazy. I think weve gone through a period where the relationship might have reversed. It chased people out of savings into stocks. As share prices wise we hope people will feel wealthier and start spending but the problem is last couple years, share prices liz send four times than earnings and stocks are looks expensive. Melissa youre saying a rising stock market is killing economy . No. I think the fed trying to keep Interest Rates low melissa would thrive the economy and it has not worked at a