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Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. P ....
Every morning here since the election. Fiscal cliff, big, big issue. There are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. How big of a problem would that be . That would be a big problem. I actually still believe that those the democrats, the administration, republicans in the final analysis dont want to see that happen. They do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. The issue isnt simply the negative result of going over the cliff, but its also that business, consumers, everybody continues to hold back on the uncertainty. And we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. So i think a lot of whats going on is what you would expect to see in this negotiation, very public ....
Right now. I think that is a nobrainer, also. Yahoo shares jump in frankfurt as the internet giant reports better than expected Third Quarter revenue. But if pressure is still on as the companys online ad business continues to lag. A different story for peugeot as sales slip in latin america, but the french automaker sees signs of progress at home. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everyone. Im seema mody. Boeing takes flight with Third Quarter earnings. Phil lebeau joins us with a preview at 11 30 cet. Hong kong student protest ers hold more protests as talkes with hong kong officials fall through. We speak to an Industry Expert in the next hour. Announcer youre watching worldwide exchange, bringing you ....