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CNBC Squawk On The Street November 19, 2012

To 2 here as we await a big week in europe as well. We start with the markets. New optimism about the cliff. President obama in myanmar saying hes confident the fiscal situation will be dealt with hours after he hit the phones calling top ceos. Lowes shares on better than expected earnings. The results renewing hopes this morning about the housing recovery. International pressure mounts for israel and gaza to agree to a ceasefire after a weekend of air strikes leave a dozen dead and hundreds injured. Brent continues to climb with gold going higher. The president and congress will strike a deal to restore the fiscal cliff. Over the weekend in asia, the president said hes confident we can get the fiscal situation confident and reached out to ceos including tim cook, Warren Buffett and jamie dimon. After top house and Senate Leaders say fridays meeting was constructive. We see h ....

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