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Around, as you heard Kayla Tausche talking about so much on the table this week. So much on the table, and what do you think that the month is going to go, a nd what is the traditionally the worst month . Well, now that the earnings are over, we are macro focused an datadependent, so it is more volatile than we have been seeing, but i am encouraged by what we have seen so far, and especially for the consumers. And 75 of the gdp is consumer, and we have good numbers in spending and income, and jobs an wages, and fridays number is very important. And comps is not good. Well, it is spending with on the range, and okay. And volatile series, and the consumer sounds good to many, but what is bothering me is manufacturing. Maybe the oil and the gas bounce and maybe the dollar kind of stabilizingish, that should l help the manufacturing going forward, because that is the one piece that i am going to be watching particularly close ly. And p ....
Pole. Almost 2,000 cancellations have been made for today for the flights. Jet blue is hoping to get back in the air after shutting down completely in new york and boston yesterday. The airline says operations will begin to ramp up again at 10 00 eastern time this morning. It expects to be fully operational by 3 00 this afternoon. In the meantime, amtrak says it plans to operate on a reduced schedule throughout the northeast corridor today. It is cold out there if you havent been out already. We will have the latest from the Weather Channel in about 15 minutes. Thank you, becky. In Corporate News this morning, chilly news, actually. Sources say executives will be spared in jp morgans madoff deal. While the bank is expected to pay about 2 billion to settle that criminal and regulatory investigations in dealings with bernie madoff, no individuals at the bank will be implicated ....
These people turn to washington and try to see the Federal Reserve whether or not they would begin to taper the bond buying. We will get to some movers in a moment, couple of things, the 10year, and gold just spiked moments ago up 26. Keep an eye on gold. I wanted to take a look at walmart and cisco with two down components. Cisco systems carbon 5 of their global workforce. Back to you. Ashley thank you very much. Lori a reflection of the cpi, shows a little inflation in the system. Lets talk about the data they lose. The latest reading on the fed installment is the and Atlantic Region slow down more than expected in august. The news isnt much better in the new york area. Edging up 0. 2 in line with estimates. A bit of good news. Initial jobless claims fell more than expected to be lowest level in six years, so the best levels since the end of the recession. Does that mean ....
Story is the moves by the fed saying they will not keeper moves, the markets to record highs after the dow and diaz and the alltime record highs and the nasdaq on highs we have not seen in 13 years. The market has been meeting beautifully and gold is out there. And other Economic News jobless can lames better than expected but they did rise week over a week and some computer glitches the revealing with and home sales and watch the move to a 6 year high and keeping a close eye on disney as it was cut over at Morgan Stanley to an equally overweight and disney pushed back a few films they plan on releasing as well. Lori species easy money they keep pumping into the system as inflation concerns on the rise of gold is jumping 5 , will it rally, would be shortlived . Sandra smith has the trade from the pits of the cme. Sandra bowlen sale, fires around the globe scooping up the preci ....