level since july, and on some levels the british pound falling to its lowest level against the dollar in decades. could this dollar strength ultimately be bad for u.s. stocks? kate moore, what do you think? one of the things we were excited about in the second half of 2016 was the lack of the headwind from a much stronger dollar, and here we are getting a little bit of appreciation. i would note that the trade weighted dollar, not just the dxy index, actually still significantly weaker than at the beginning of this year. i think speculators got turned the wrong way. from a positioning standpoint, i think everyone is getting back to what their thesis was. i do think ultimately it could be problematic. it could be problematic in a couple of areas. you would like to see a cheaper dollar. the rate of the increase is also problematic. then lastly, what s the impact on emerging market currencies which we ll see outflows and we ll not we ll have a deappreciative affect on thei
below expectations. investors betting it will keep the fed on the sidelines a bit longer. doc what do you do with this jobs report and day and what could or not happen in a few week sit is important what happens in a few weeks. not important until today and what happens in a few weeks. get more data, sales and that that could be something that could cause again, data point after data point after data parton rather than just a single point. you don t think they re going in september? no. i think they should but signs they re not going to go based on what you ve seen in the past. a buyer of stocks? buyers of stocks today. we ll talk about them. yeah a modest jobs report. not the catalyst for something that drives the fed at all. if it would have been 200 it wouldn t have been either. what do you make of this year? the financials have been one of the trades to be on in hopes, thoughts, expectations, that rates were going to rise subpoena that trade derailed? it d
and flue from the border. my heart just sunk and i felt like someone ripped it apart. suspended u.s. olympics swimmer ryan lock tee runs into drama on the dance floor during his debut on dancing with the stars. nichole: a lot has happened since you went to bed. we re following it for you this morning. i m nichole vrsansky in for brian duffy this morning. tia: i m tia ewing. some crisp morning air, but not as bad as yesterday. by this afternoon it will warm up quite a bit. meteorologist samantha roberts has been monitoring the forecast and has a look for you this morning. hey, sam. samantha: good morning, and good morning it you re just rolling out of bed. it s 6:01 and 56 degrees in cleveland. it feels awesome outside, but notice we have that south-southeast wind, so that 58 akron/canton. i hope your day is off to a great start as well. in the world of weather we have absolutely no problems today. this is one of those great fall days. i moved here about a year ago
stock s closing price on friday. michelle, how was your weekend? it was great. how about yours? fabulous. good, good. in global news, china s statistics bureau says the country s economy is showing clear signs of stabilization. among the reasons, policy support and some improvement in global demand. china s economy is said to be on track to meet the government s 2 on 13 growth target of 7.5%. u.n. inspectors in syria are now heading to the site of the alleged poison gas attack. syria has supposedly agreed to allow the inspectors to visit the site. this comes amid calls from western powers for military action. we ll have more from john harwood in just a few minutes. here in the u.s., dozens of wildfires burning this morning across the west. one of the most severe is raging out of control in the mountains of northern california. the latest reports say the giant wildfire has charred 15,000 acres within yosemite national park. a live report from scott cohn who is on t