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Transcripts For CNBC Squawk On The Street 20240713

Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to ....

United States , South Carolina , Republic Of , Saudi Arabia , Jim Stewart , Bernie Sander , Steve Leishman , Goldman Sachs Stephanie , Kate Rogers , Dan Shulman , Estee Lauder , Jerome Jay , Tim Cook , Mary Ann , Bob Pisani , Stephen Tusa , Carl Quintanilla , David Faber , Rick Santelli , Carrie Lam , Peter Navarro , Dan Schulman , Milton Friedman , Phil Lebeau , Marc Benioff , Mark Zuckerberg ,