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Let the sun shine in the sun shine in let the sun shine let the sun shine in the sun shine in good wednesday morning welcome to squawk alley. Im Carl Quintanilla with john brennan and post morgan. At this hour the cairline ceos are meeting with the president this hour. We will give you updates as we get them and the rally, pretty impressive here stocks back in the green after the surprise fed cut rate tuesday. Steve milanovich joins us, tech strategist at World Research and the director of global mack affordability. I have been watching your tactical calls over the last week or so theyve been pretty sharp. You said you expected a rally this week. The question is now, what do we do with it yes, the markets remain in sort of a price discovery mode its unknown whether the low that was last friday, interday low at 29. 50 or so or whether its lower these are unknowable things be ....
Surveillance. I am Francine Lacqua. These are your markets. A lot of these european stocks higher at the opening. Now they are down a touch. Lets call it flat. I am looking at oil. A lot of the picture is contingent surrounding iran so you see a little bit of a lift up for american crude. What is going on with these european markets and you are seeing it reflected in yen. Yen is the one story that is the haven. Any risk attitude is reflected on yen. European stocks, a lot of investors are looking at these amounting into political risks. Ifore getting some figures. The german index, 97. 4. We get up around we get the with hernan a cristerna. Lets get to the bloomberg first word news in new york city. The drumbeat for Federal Reserve rate cut is getting louder. Minneapolis fed president says he called for a reduction at last weeks meeting. These comments reinforcing expectati ....
[ star spangled banner ] will: good morning, welcome to fox & friends on this saturday morning. will cain, rachel cam campos-duy and sitting in for pete is joey jones. good morning. i have a lab because duck hunting season ended and i m sad. will: super bowl weekend and it s a big game, huge spectacle and there was an awesome photo of a rodeo and the flag hanging on or just in front of a cactus. i m going to presume that s somewhere in arizona. maybe far west texas. look at that crowd. look at bleachers bleachers, six, seven, eight feet tall and there s something about a small town, high school footballing game, tiny community rodeo and national anthem that s quintessentially america. rachel: that cactus tree, that s america too. that was the west. that was beautiful. i thought you were going to mention the photo with the flag and a sign in a bar clearly that said we love the nights we can t remember with the friends we can t forget. did you see that? will: that s ....
Message wouldve been a different one to the business community. Would have been yes we are negotiating ploy might have the dl, yes there will be a deal, but dont cross these lines because this is whats going to happen. Instead, the examples given in the precedents that were in the opposite direction. The message was sanctions or is till in the law books but we are not going to implement them which is why Companies Feel comfortable even though they are so five, six months into implementation they go through the breach. The Swiss Parliament by the way feels the same way. Switzerland maybe not the biggest Global Player but it had a fruitful trade relations and a lot of the phone companies they were running to circumvent oil sanctions, procurement sanctions, to lg sanctions lifted all of its sanctions. They abolished it. Th ....
White House Press Secretary will hold his first briefing in 30 minutes and that will be live for you. Confirmation hearings start for rick perry out of texas and the treasury secretary nominee steve mnuchin. We expect the president elect to head to the capitol for the final time as a private citizen. He tweeted this just a little while ago saying getting ready to leave for washington, d. C. The journey begins. I will be working and fighting very hard to make it a great journey for the American People. I have no doubt we will together make America Great again. The theme of tomorrows 20minute long inaugural address is supposed to be he is president for all the people and trying to make one thing clear before he makes that case tomorrow. Also on twitter today he said this. It wasnt donald trump that divided this coun ....