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Korea. He sat down with Gold Medalist chloe kim. That conversation is am coulding up in just a few minutes so stay tuned. Thats going to be super fun. All right. Now to the extreme market volatility less funneled which has been a global phenomenon as well for more on whats happening here and abroad, were joined by stephen roach, former morgue an stanley asia chairman, Yale University senior fellow he warned in december that global economies may not be as resill yen resill yent as once thought. We didnt plenmention that you also an economistist what do you think of the Interest Rates spa spooked the markets. Are they going to go higher or what is your prediction . Well, i think the Federal Reserve is clearly got its antenna up, michelle, given not just one data poin ....
Welcome to squawk alley for thursday were at post 9 of the New York Stock Exchange were getting some Oil Inventories in a moment here Hurricane Irma makes its way to florida as a category five storm, slamming into several islands in the caribbean overnight. We have Team Coverage this morning. Wmaq meteorologist is back at hq phil lebeau is in chicago. Lets start with you we have a very strong category 5 hurricane that is going to churn over warm waters and low sheer, those help keep the hurricanes moving at the intensity that they have if you look behind me, you can see a very strong, very wide large hurricane first going to be moving towards turks and cake yoes as it moves forward tonight. Then eventually going to be making it to the southeastern part of t ....
Good morning welcome to squawk alley. Carlson his way to florida and that is our top story, of course, of the morning Hurricane Irma the National Weather service downgrading the storm to category 4 earlier this morning, still packing devastating winds up to 156 Miles Per HourTeam Coverage this morning with nbc meteorologist back at hq jackie is in ft. Lauderdale. What can you tell us about the path of the storm . Its on track, continuing to move to the westnorthwest at this point between the bahamas and cuba over the day to day and looks like its on track to make a land fall in south florida early, early sunday morning. So well start by looking here off to my right. Because not only do we have the category four storm of irma, but we also have jose now category 4. ....
Of edged up yesterday. Jamie dimon am i too early in that promote . Yes, you are permeant yesterday, you got me all confused. Im all over it theyre producing a lot, but theyre not but they dont have the pipelines. Lets get to the road map this morning. Well get to oil but for now, were going to talk markets. The dows win streak is at 10. You saw their futures are looking, at least for a lower open plus, Michael Koors and ralph lauren delivering some upbeat news you got that right, upbeat for the Retail Sector. Both of those Companies Beat the estimates of the analysts. Follow them. Koors up a lot cbs coming in better than expected but they lowered guidance, so the stock is down. Basketball, ad sales. Oh, i thought you meant cvs no. Oh, you have to say channel 2. All the time on the trading desk, you never use the term cbs. ....
Are with us. Lets start it off with you. This idea that it is one of the bigger sectors relatively speaking, the s p 500, but its also, remember, one of the fourth worst performing sectors so far. Say a look at the year to date losers. Interesting stories lines start to play out in terms of the particular stocks and themes drieding the trading. Kohls is down 19 and fossil, belts, watches, that sorts of thing, down 21 as well. If you take a look at some of the other stocks that perhaps are on the other side of this, you see the winners. Off price retail, tj max up 5 . Ulta budy up 10 . Lulu lemon is up 17 . The biggest one everyone talks about is one that hasnt gained a lot so far this year only up 5 year to date. Its amazon. Com. But remember, one of last years top performers and courtney, i got to sashgs one of the interesting things about this whole discussion is this idea of these stocks as melissa, i dont know if there is a theme that drives all these together. But retail definitel ....