Orbit. Scott kelly. Welcome home. Rosanna oh, my goodness. Greg weightlessness on the body. Rosanna you can see it on my face page. Greg lets take a look at donald trump. A huge victory for him. Seven states. Chris christie. It was strange. Blink twice if you are alive. [laughter] you and i have been behind it is very difficult. You act like a human being. Rosanna he looks a little bit like he is in a trance. Greg you think. I watched this thing as it happened. Former tough guy Chris Christie. A lapdog when he shuffled onstage. A faraway look of a man facing a long prison sentence. It was very strange. Lots of interesting observation. Sometimes politics can be cruel. Greg this is from regular people. That is the good stuff. What are you doing . Mike, lets do some weather. On the upper teesside. Queens and brooklyn. Still a few showers. Lets show you the maps and what is going on. Nassau county starting to see some drier skies moving into town. Coming to a close. Fortynine of my slip. M
Those new worries for the fed on the labor front. September nonfarm payrolls weaker, rising by 142,000 in august. Revised sharply lower to show 136,000 added. The rates stay steady at 5. 1. Average Hourly Earnings come in flat, but we were looking for something in the 0. 2 0. 3 range. Maybe the most biggest disappointment of the year so far. Coupled with the august revision lower. The 2015 average goes to 198,000 jobs created per month. Thats a sharp slowdown. Last year we were averaging 260,000 jobs. Its more than that. If you take the three month average, youre down 267. Which begs the question, whether we like it or not, where are we in the Business Cycle . Regardless of what fed is doing. The whole discussion as to whether rates this low and the fed Balance Sheet this big are able to stimulate the labor market like they think it does. Clearly there are diminishing returns here. The Market Reaction has not been good. Dow futures down 161 points. The treasury note yield slipped below
Rates begin to rise . Four reasons to be bullish still about the American Housing market ahead. And get a load of this one. American airlines actually flew the wrong plane from los angeles to hawaii. It wasnt certified to fly that distance over water. How in the world does Something Like that happen . That is the question were going to try to find answers to. But we do begin ty with the possibility of a rate hike this week, which would be the first fed increase in about a decade. Dominic chu has been taking a closer look at the stocks that are the most sensitive to a rate hike. Arguably by what im going to show you, investors and traders have already been positioning themselves for a possible rate hike from the fed. So you have heard it before, well say it again. Utility stocks are often viewed as one of the big sentiment gauges or proxies for what happens with Interest Rates. The reason why is because when Interest Rates rise or are threatened to rise, utility stocks tend to sell off.
And ing on College Access was joined by duncan and took students, from parents. His is one hour and ten minutes. Barack obama. [cheering and applause]. Iowa. Lo,. [cheering and applause] back in is good to be iowa. [cheering and applause] go polar bears. [cheering and applause] be back in des moines. And saw at the airport the hampton in there, i must have stayed there 100 days. Im ure ive got some points there or something, a couple of free hampton. The. [laughter] everybody have a seat, relax. I know i know its september, so i know you guys are all about to be flooded with ads and calls who want ch of folks this job. What kind t imagine of person would put themselves through Something Like that. [laughter] i didnt know he was on the ballot. Unitedt president of the states. Prouder of him, ot only for the introduction but the story hes told. Young example of what people can do when they put their minds to it. Principal. Thank you mike. Wheres mike . [cheering and applause] he is. [app
Of them i know. They are fighting isis on the ground, as we speak. Years. Own him 15 now hes going to the chinese. Asked the egyptians to share the intelligence and arm them for three years. We have alleys that are willing unless ur part but not they see leadership and support. Heres another set of crises that have to be dealt with. Its a slow, creeping thing, but crisis. This president has rolled out a orders and utive egulations that are crushing, whether its the epa that are destroying the oil industry or the 400plus pages of regulation that the fcc rolled out over the internet. Stuff, the National Regulations board, on a partisan vote, changed the rules for franchisees. They wanted unions to unionize. Political ut a agenda. A whole set of things are going be rolled back. Its always a leaders job, however, to understand how to balance the short with the longterm. You know, someone many years ago asked me to define leadership. The highest said calling of leadership is to others. Pote