Cut. Also ahead, a rough morning for Health Insurers. Medicare investment rates come in short of expectations. Ge shares have been up sharply. The company now completing its final split by spinning off its Power Generation business. Ge aerospace ceo and larry culp and ge fernova scott stray sikh joining us a little later. We mentioned the tenyear going back close to 4. 4. This started with the ism data yesterday. Its constant. You look at it, just drips and drabs. The market is reacting in a curious way. Yesterday the nasdaq finished up. I thought that was incorrect. These are the stocks that should be getting hit, david. I do think this is a very important moment in the market because we had for dot ten about ra rates. Well, we did yesterday. A mistake for the nasdaq to be up . What does that even mean . I mean if rates go up, you want to sell the high multiples you also want to keep an eye on the companies that have a debt stack that needs to be refinanced. There were hopes at the ea
Scooped all the bears. Thats where our road map begins this morning. The inflation picture, of course, is what were talking about. Weve got wholesale prices increasing less than expected, as jim just said. Two banks also lowering their rate cut expectations. Thats off of yesterdays cpi news. Were keeping an eye on big tech as well. Nvidia shares, theyre bouncing ahead of the open. Jpmorgan, lowering its apple price target, and you just heard from amazons andy jassy, saying so many Different Things, including the fact that hes committed to costcutting while investing in a. I. Plenty of other stocks to track this morning. Nike, airbnb, chevron, occidental. Well go through all the upgrades and downgrades. Lets get to the Broader Market here. First, lets get a reaction to ppi after yesterdays selloff on the cpi. There was a lot to like. I think theres a lot of confusion about these numbers. I find that whats happened is that yesterday, there were a lot of mistakes in the data. What do you
Crudes the january brent prices. Will we see another cut . Days, in the next two donald trump will speak to the assembl ons General Assembly. And we have janet yellen, fed chair speaking. Jonathan we are focusing on the annual u. N. Assembly where President Trump will make his first and biggest address to leaders around the world. President trump has already condemned the u. N. For its bureaucracy and management. President trump in recent years, the United Nations has not reached its full potential because of bureaucracy and mismanagement. While the United Nations on a regular budget has increased by 140 , and its staff has more than doubled since 2000, we are not seeing results in line with this investment. Jonathan im pleased to welcome a special guest, tony blair, former Prime Minister serving as leader of the labour party until 2007. Great to have you with us on the program. Tony thank you. Specific you have a knowledge of the workings of the u. N. Security council. How best to nav
Closing basis and the dow in their own intraday level. We continue with this rally was relatively modest as investors are waiting details on what the fed is going to do with its Balance Sheet unwind. Not expected to be announced when the fed concludes meeting tomorrow. Individual stocks we are watching, sprint and tmobile according to bloomberg reporting have been in talks since august on their combination, theres been talks about them being in talks for longer than that. They could be weeks away from coming to an agreement on some kind of all stocks deal in which Georgia Telecom would be the owner of the combined company. At t and verizon are also getting a lift as we watch that move. On the downside today, in terms of what we are watching, we have some big down movers envision health care is one of them, the Company Announced as chief Financial Officer was up and down and announced a buyback. On its give details forecast, and that could be responsible for some of the decline we are s
Month. The reporter who broke that story with the latest. And shares of Home Builders Toll Brothers after a mixed Earnings Report and well hear about the companys cautious outlook but we start with the latest on tax reform and a report from politico says the big six are making significant strides on a plan moving past the framework pushed out in july, and one of the big six, Speaker Paul Ryan, is optimistic about getting things done. Heres what he said in a town hall last night. I believe its going to be far easier for us to do tax reform than it was say for Health Care Reform all right how close are we to getting a plan, and what exactly would be in it . Joining us are politicos nancy cook and our own ylan mui. Glad to have you both here for this discussion. Nancy, i was looking at your proposal today about the items that people are kind of rallying around here, but they include controversial ones like, you know, capping the Mortgage Interest Rate deduction and getting rid of the dedu