Largest health care providers. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Its really coming down. Do not go outside if you do not have to. It is cold. It is windy. And weve got this snow coming down at a steady pace. An emic blizzard blankets the northeast. Triple travel across the east coast. The most amazing part is how widespread the chances are of seeing a foot of snow or more. Dont matter which way you look, the wind is blowing in your face. You cant really argue with Mother Nature, right . The republicans handpicked head of cbo has confirmed trumpcare would be a nightmare. We disagree strenuously with the report that was put out. Pretty encouraged by it. Actually exceeded my expectations. If you cant find a bill that helps america, not just the republican party, walk away, mr. President. Let is collapse. Obamacare is a disaster. The best thing you can do politically is wait a year. This is going to blow itself off the map, but thats the
Driving in Different Directions all at once. You cant accomplish what you could accomplish if you had a consistent mission by all parties involved. You are already seeing it right now with something as simple as United States and the russian in terms of air strikes. Now lets multiply that and find out what it takes when you put boots on the ground. It changes dramatically what can happen. By the way, if things dont play out well, lets be leer about this, people die. Its all well and good to talk about this and generals that want to sit around and flex their muscles and talk about how tough we are, but those are the guys that arent coming back in body bags. You end up at war in a country that you could pretend the problem is lets take a look. Im not suggesting that the russians and the turks are going to go to war. Theyre not. The problem is you dont know how does will if you dont contemplate all of the vacuum that he created in places like iraq. Look at the vacuum that we created in pl
Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the growth forecast despite the down grades though some see reasons for optimism for the Holiday Shopping season. Jobless claims ticking down 12,000 to 260,000. Thats back in that low range weve had before making people optimistic about consumers have jobs for the Holiday Season. Durable goods up better than expected, 3 , and here is the big numbers here. Personal income up 0. 4 but spending doesnt keep pace. Up just 0. 1 which can only mean one thing. The savings rate ticks up. 5. 6 . So whats the
Hewlettpackard enterprises and hp moving in Different Directions this morning. Pc sales and printer sales down on the year. Heres meg whitman this morning on squawk on the street. I think the turnaround is working in Enterprise Services and the investors are starting to see that. And its taken a little longer at Enterprise Group because thats a long lead time business. These are longterm contracts. The people we are talking to today we may not ink a deal for a year. So its a little bit slower to turn that business around, but were feeling pretty good about where Enterprise Services is. Interesting to watch the two stocks. I dont know that we can read too much into these results. Both businesses have serious challenges. We talked about hp enterprise, how its not exactly number one in any of its categories. Then youve got hp inc. They had inventory issues, built up inventory ahead of the split. Windows 10 if its going to have an impact during the season, that hasnt kicked in yet for them
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