good monday morning. welcome to squawk alley here with me at post 9, michelle caruso-cabrera, mike santoli carl and sara have the morning off. first up, bitcoin open for trading yesterday on an exchange run by the cboe. heavy traffic causing outages on the cboe website, while the exchange also halted trading temporarily due to extreme volatility what to expect from bitcoin futures after what a wild week for that digital currency. a lot of people thought once this opened up we re going to see it fall because people would be shorting it, but that s not stopped the rise it hasn t happened, but it s only been a few hours, so let s see what happens take a look where we are, it s important to point out we re trading at a nice premium to the underlying spot price here 18,000 now over that cash price is 16,700, it s been fluctuating, but you have a good $1,200 premium or so this is what s called the cost of money, the carry, that s tying up money for a month, so it s usually a bi
fed s final meeting of 2017. jim lebenthal, the question is this will we look back and say this marked the beginning of the end? i don t think so. first off, this particular move is well telegraphed so the market expects it and the question of what will upend this market is any time you see profit growth in any way interrupted, and on that front it s hard to see anything coming up look, you won t have any news until the middle of january or early january when companies start to report and they are more likely to be positive, particularly if a tax bill does get inacted even if there s negative news. they will be looking forward and feeling good about the tax bill. i don t see the fed on this rate hike or anything they are doing in 2018 overcoming the profit growth they are looking for in 2018. joe, a consistent path of tightening does that mark in any way the beginning of the end of the bull market, one of the greatest that we ve seen, that has raged since the depths of th
surrounded by his wife and five children, and former presidents . mr. trump vowed to secure america s borders increase jobs improve schools and rebuild infrastructure. we will face challenges, we will confront hardships, but we will get the job done. and he put foreign leaders on notice. we must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. stormy skies failed to discourage crowds of demonstrators from turning out in the bay area. a human chain across the golden gate bridge. a union rally in downtown san francisco. and marches in the east bay. and happening now. you are looking live at san francisco s un plaza. where more protesters are gathering for another march and rally tonight. we re told the march will headout around 6 tonight making it s way to castro and market. it will then head towards the mission and then back to un plaza. we are a kron 4 crew there and will bring you live updates as th
his snow in central park. the mayor says students are headed back to class tomorrow. and vinita, more than 850 plows are still out, targesing the hardest-hit areas. jamie yuccas tonight. on the jersey shore, full moon high tides sent sea water and chunks of snow and ice flowing through the streets. jericka duncan is in wildwood, new jersey. reporter: the water in wildwood is so high in some places cars can t get through. this gets to be a real mess in here. reporter: mayor ernie troiano drove us through the neighborhoods hit the hardest. he says this storm s tides were higher than super storm sandy s. there s hundreds and hundreds of cars that were caught in these tides. reporter: marisa rigby returned today and found her car not working. we had beautiful snow for all of a few hours before it just became a river of icebergs. reporter: restaurant owner dave bannon spent sunday drying out. he says the water was up to a foot during the height of the storm. as y
hey, dad. come here. something wrong? no. come here. thank you. you did it. childs: .gossip is inevitable, but i want my supporters to know that i am leaving this race purely because of the pressures on my family. thank you. female reporter: mr. childs, do you blame peter florrick for this? captioning sponsored by cbs you know the basic bargain of america is if you work hard, and you do your part, you should be able to get ahead and stay ahead. but so many families don t feel like their hard work pays off. that s not the way america is supposed to operate. i want to go to bat for them every single day. get incomes rising. get equal pay for women. cut the cost of health care and child care so people can actually get ahead. hillary clinton, she has what it takes to get things done. congress doesn t regulate wall street. wall street regulates congress. it s a rigged economy that sends most new wealth to the top 1%. and it s held in place where wall street banks and billionai