Good wednesday morning welcome to squawk alley. Im carl quinnipiac. Jon fortt is at microsofts annual surface event in new york we begin with the markets this morning its been a rough ride to start quk q q4 behave bob pisani and mike santoli to break it down bob, ill start with you the important thing, this is the debate all year, what side of the recession debate are you on if you believe recession will start next yeear anyear, market dro markets will drop. You want to watch the big consumer names this year if theres a slowdown but no recession, these names should do well look whats been up, costco, home depot, nike, mcdonalds theyre across several different categories watch if they start rolling over so far its been modest. Starbucks is rolling over a bit. Jpmorgan had a negative comment on monday about them, but by in large they held up well if they start falling apart particularly after the jobs report comes out, i would get concerned. If youre in a slowdown camp, thats where i fee
Flashing images. As the force says its aware of media reports of a series of allegations and urges anyone who believes that theyve been the victim of Sexual Assault to get in touch. It comes as the bbc channel 4 and a Production Company behind shows hosted by brand, launched their own urgent reviews. Russell brand denies any criminality and insists that all of his relationships have been consent. Fuel claims that the consent. Fuel claims that the labour party wants the uk to join the eus migrant quota scheme are complete garbage. Sir keir starmer says thats despite indicating that hed be open to working with brussels to manage channel crossings, which may involve taking in some asylum seekers. Sir keir says it would be part of a deal to Return Channel migrants. Immigration minister Robert Jenrick says labours approach would result in 100,000 more Illegal Migrants in 100,000 more Illegal Migrants in britain every year. Liz truss will claim that rishi sunaks government has spent £35 bil
Flashing images. As the force says its aware of media reports of a series of allegations and urges anyone who believes that theyve been the victim of Sexual Assault to get in touch. It comes as the bbc channel 4 and a Production Company behind shows hosted by brand, launched their own urgent reviews. Russell brand denies any criminality and insists that all of his relationships have been consent. Fuel claims that the consent. Fuel claims that the labour party wants the uk to join the eus migrant quota scheme are complete garbage. Sir keir starmer says thats despite indicating that hed be open to working with brussels to manage channel crossings, which may involve taking in some asylum seekers. Sir keir says it would be part of a deal to Return Channel migrants. Immigration minister Robert Jenrick says labours approach would result in 100,000 more Illegal Migrants in 100,000 more Illegal Migrants in britain every year. Liz truss will claim that rishi sunaks government has spent £35 bil
Proposals and great work from the staff of those of republican and the democrat side and i look forward to seeing progress. The bills to be extended are targeted and promoting innovation, cutting the red tape and advancing Public Safety. To highlight each though i do want to call attention to a couple of resolutions expressing the Guiding Principles on broadband infrastructure that should underpin our efforts first. Any funds for broadband in an infrastructure package should go to underserved areas. Second, as noted, the federal government should not be picking winners and losers in the marketplace. It should be competitively and technologically if we adhere to these principles im confident we can avoid the pitfalls. Most Important Congress should be mindful of the significant amounts of private capital to support broadband deployment. Since the passage of the bipartisan 96 act, the private sector has invested roughly 1. 6 trillion in the networks. To classify the competitive broadband
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