Not all stocks can be gopros. General motors recalls another 8 million cars. Today mark the end of the rebound in autos . Better late than never. Time to buy netflix, content, customers, country, all king. Hashtag impulse buy, twitter, buy it now button making an acquisition of its own. Futures pointing higher first day of the second half, s p and nasdaq coming off the longest quarterly winning streaks since 1998 and 2000 respectively as we wait for manufacturing, construction numbers this morning, china pmi better than the alternative at 50. 7. Its pretty strong, but no, maam numbers not as strong. China, when the number came out, up at the moment, but i said, no, better than expected. Thats not possible. Weve come so used to china missing. Dont forget. If you go back to 2008, last time china was in charge, stocks went higher and higher. Caterpillar went up pretty much into all these china pmi numbers so these things really, really do matter. I find that china correlates with the stal
Buy buy buy buy i dont know when that fact will bleed its way into the thick skulls of those who cant get their heads out of the Great Recession sand. But the usually down open off concerns about a troubled portuguese bank, and the subsequent beautiful recovery, where the averages rebounded nicely, dow going from down 180 points in the morning to just 71 points a to the close. S p closing down just 0. 14 , nasdaq down 0. 25 . That might jar some investors, that recovery, off their deeply ingrained europeanbased bearishness. Theres not a lot of good that comes out of getting hand surgery, but today may be one of those days, because it reminds me of how the 2014 market really works. See, this morning, i was totally out of the action, both in preop and then passed out under the knife. When i came to, i saw the market down a little less than half a percent and i had to work backwards to figure out what was going on, how did we get there . Sure enough, for those of you who werent unconsciou
You know who you are. You can part a crowd, without saying a word. If you have yet to master the quiet sneeze. You stash tissues like a squirrel stashes nuts. Well muddlers, muddle no more. Try zyrtec®. It gives you powerful allergy relief. And zyrtec® is different than claritin® because zyrtec® starts working at hour one on the first day you take it. Claritin® doesnt start working until hour three. Zyrtec®. Love the air. Im Donny Deutsch filling in for piers morgan. Tonight, nine at 9 00. The things people are talking about right now and the questions we are asking. The pope resigns. Im not kidding. I was very startled. How old is too old for a pope, a ceo, or a politician . Size matters. America is overweight and its costing us billions. Are we too politically correct . The man who says he killed bin laden. Now hes spilling the gory details. Is something really secret anymore . Guns in america. Are we even asking the right questions . Does the problem start with childs play . P
Of 2013, but im back now. In corporate news, boeing completing what it calls an uneventful test, a flight of the 787 dream liner. And opposition is growing to dells big buyout, that 24 billion buyout and a Carnival Cruise ship is floating in the gulf of mexico after an engine fire. Plus, digging out, the northeast hit hard by a weekend blizzard. Hundreds of thousands are still without power. Airlines are trying to restore service. And news out of the vatican about the pope. If you havent seen it, well bring you that, as well. Its monday, february 11th, 2013. Squawk box begins right now. Good morning. Im Andrew Ross Sorkin along with joe kernen. Becky is off. Breaking news, the vatican has Just Announced the pope will be resigning on february 28th. The blizzard brought as much as three feet of snow to some areas in the northeast. Here is the Massachusetts Governor. Were, woulding hard to make sure that the t is fully functional by the morning commute. Utilities seem to be making progres
Ultimately either be eliminated as they were in canada, and when they were eliminated in canada, everybody said, oh, my god, its the end of the housing market, and it was hardly a blip. Or it will be cut to deductions on the first 100,000 or something, so youre effectively protecting the middle class. Thank you for this. Yeah, sam, it has been a pleasure having you here today. My pleasure. We really appreciate hearing from you. Sam zell has been our guest host for the last two hours. Youre putting your money where your mouth is. Its all about rental properties. Thats right. Sam. Thank you, appreciate it. That does it for us today. Make sure you join us tomorrow. Right now its time for squawk on the street. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, along with Carl Quintanilla and david faber. Jim cramer is off this week. Today weve got treasury secretary nominee jack lew heading to capitol hill. Lets check on where we stand in terms of u. S. Futures. It lo