Carnival no shes actually flying long distance, choosing delta, united oh, hold it, shes spending like crazy on luxury goods overseas at least according to the mastercard data. Shes going out to dinner after work from home says american express. Oh, wait a second the consumers shopping at lowes for black and decker because she cant sell her home because rates are too high so she might as well refurbish the darn thing with a new deck, maybe throw some Sherwin Williams paint on it but shes not working out as much as before drinking less. According to Planet Fitness and diageo at which point i say wait a second, hold it. These data points, which is what i live with every single day, every minute of my life, these data points, theyre driving me crazy. And thats actually somewhat easy to do but they are the markets reacting to every twist and turn of the consumer right now and it seems to have the memory of a mayfly the market started weak, turned positive, sold off again, dow dipping 67 po
final tournament ever. announcer: this is nbc nightly news with lester holt good evening those boxes of materials the fbi recovered from mar-a-lago are drawing broad scrutiny both inside and outside the government tonight for items that may not belong, as well as for signs of damage to national security. president trump s lawyers have asked a judge for a set of independent eyes, what s called a special master, to sift through the seized items government lawyers responded today, saying they have already reviewed the materials and separated out items that potentially contain attorney/client privileged information. a judge may decide if it s enough this week. but also tonight, the director of national intelligence has ordered a separate examination of the items identified as classified to determine what damage may have been inflicted by how they were stored and handled. it s where we start tonight with kelly o donnell. reporter: tonight, measuring the mar-a-lago search f
Positive rates have stabilized a little bit. The data is mixed. How do you assess whats been a really difficult week. Well see how long that will last seeing the yields move up again absent an expansion of the conflicts in the middle east, and the reason i say that, if you look at the treasury auction, i think, on tuesday, it was kind of punk, right . I think that will continue to be the narrative going forward. The market was due for a bounce and amazon was as good a reason as any in reflection, i thought earnings were actually great, the market said, hey, we can pick and choose here 24 th is a respite critical companies have missed and missed badly and the market is punitive. Its the largest, the highest ive ever seen as ive said many times, the risks outweigh the rewards theres a time to play and a time to wait your return is definitely defined by your point of entry this is not it youre playing more than look, you bought more meta i did you bought more microsoft i did right yesterd
That macro picture. Consumer prices down. Retail sales flat. Jamie dimon calls on the u. S. To get its fiscal house in order. Plus the intensifying a. I. Race. Google is rolling out its most powerful a. I. Assistant yet. And a Bipartisan Senate group out with a new report on how best to regulate the technology. Sara eisen is live from jerusalem, speaking oneonone with israeli Prime Minister Benjamin Netanyahu. Lets get to the cpi print. As we pointed out, 3. 6 core year on year, jim. More than half is gasoline and shelter. Its only going to get better. Gasoline, obviously, oils come down. Iea with some reports saying its not shouldnt even be at this level. Food, were starting to see some things in food that indicate that things are getting better. I mean, for instance, one of the things they said that was bad was cereal, but as we know, david, i told you that kelloggs says theres too much cereal. Were going to see buy one, get one. The things that people are being hurt by, except for s
Chat box while google teases new ai. Inflation data year on you 2. 4. Thank you to weinstein for the great interview. Its because the revision is so steep. Up. 2. I never want to challenge numbers. People work hard to do them. When you have that kind of revision, its not what you get at amazon or sales force. Meaning what . Theyre not using enough who would come up with a product that could be that wrong. Do you have any product in your life that could be that wrong . Its all survey based. Other Companies Know how to do surveys. Theres too much on the line. You believe as a result what, that you cant believe the current numbers . No, i cant. Im saying that the bond market is indicating the stuff doesnt matter. I dont ever want to Say Something doesnt matter. The only numbers people base policy off of is pce. The unemployment number at the beginning of the month. When i look at these numbers, what are they worth . How could you be so wrong . Thats a gigantic delta. My take is people are