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Transcripts For CNBC Closing Bell 20131105

Should lower their expectations, their threshold, for unemployment. Right now its 6. 5 , before they start tapering. They could lower it to 6 , maybe even 5. 5 before they start seriously thinking about tapering. And any guess as to when we get 6 unemployment, that could be a ways duown the road here. The 6. 5 level was the key reason you and i were not expecting the taper because we werent even near that. To think were going lower, 5. 5 as a marker, is extraordinary. Well be joined by bank of America Brian moynihan, well have a discussion with this on Interest Rates, and a lot to get into with him. Well get his take on where business is headed as we head into year end, bill. Especially if the fed keeps rates a lot lower a lot longer. That has a big impact on bank bottom line. After the bell, highly anticipated earnings from tesla. Of course, many expect a blowout quarter now that the model s is widely available. We hear its selling well. Well have those numbers, along with analysis yo

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