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Were going to get the economy roaring back again. At the end of the decade over half of the middle class will be paying more in taxes. Wow. This is not going to go the way you think. Todays morning minute is sponsored by pen medicines Abramson Cancer Center cents the number one cant Cancer Center in the region. Well, besides the eagles there is was a weekend star wars fans have been waiting for the last jed eye opened in not surprisingly dock nail dollars the box office. You even saw it. It was very good. Well talk more about that also how much monty brought in later i have to tell you. But first we talk about the forecast matt, i heard you Say Something about potential 60s . Yes. What, what . In december. Yes. Six 60s in december. What . I know, lot of people throughout saying to themselves last week, im not ready ....
Storm system. Im really excited about it. Ill talk about when it arrives in a few minutes. Mike, you are tracking a crash in santa clara . I am but im nervous because you are excited about the storm coming in. The on and off ramps, 101, the on and off ramps are blocked. Theres Police Activity in the area. We are tracking down exactly what that could be. Meanwhile, the freeway is open. If you exit or enter near Great America parkway, you are fine. Getting toward the bay bridge, no delays. In fact, no delays at all. Look at those easy drive times right now. Well track the rest of your commute. Back to you. Thank you very much, mike. 4 31. San francisco said goodbye to mayor ed lee in grand fashion. Hundreds of people, including california leaders like governor brown, senator dianne feinstein, nancy pelosi and Gavin Newsome ....
But really and meeting. Opening up society. What we were talking about just now, we met all sorts of women who were saying ive owned a car for a decade but i have a driver who takes me to and from work and i cant wait to learn how to drive lot are starting to learn how to drive but in terms of how the culture is moving. Saying publicly they are looking to are a more moderate society essentially. By the way more moderate form of islam this is not without controversy though im sure. There is a huge other side. Hes pushing through, trying to push through this transformation and theres economic, by the way the entire driving industry, you talk about drivers, because all the women most professional women have drivers every day what happens to the drivers . But theres a whole thing going on with all of it but that whole 500 billion Economic Zone theyre going to create, the whole new city in the middle of the desert with klaus. With klaus ....
On j. C. Penneys macys and merck. Overall a cautious tone. A fed meeting on Interest Rates begins tomorrow, while widely expected to be a standpat kind of session. The gop will release details of tax bills. Thursday we should learn who the next fed chief will be. Friday brings the latest jobs report. In the middle of it all, apple and facebook will release earnings. Stocks seemed mostly nonplussed on todays news that Paul Manafort and a Business Partner were charged with money launders among other crimes as part of the investigation into the 2016 election. Both men pleaded not guilty. Heres how stocks fared. The dow lost 83 points, merck the biggest loser down 6 after pulling a key cancer drug. The nasdaq slips two, and the s p 500 gave back eight. Stocks took a bit of a dip midday after one media report hinted that the ....
Good friday morning. Welcome to squawk alley. Im Carl Quintanilla with jon fortt. Kayla has the morning off. Dow up 57 points. Obviously the markets are our top story. Well continue to watch the race to 20,000 in the wake of the feds first rate hike as you know, of 2016. A lot going on. Donald trumps victory since that time five weeks, looking at 8 on the dow, the best postelection rally on record. Jonathan gow want is managing director. Guy, happy friday to you both. Good to see you. Good to see you as well. Tobias, people taking stock of the rally but paying attention to Dollar Strength. The lack of real policy specifics as of now. Obviously memories of how bad last january was. When do we know when this rally is over . We think its a bit overdone near term at the moment. Interstock correlation, top 15 names in the s p 500, is around 10 . Thats one of the lowest levels w ....