Thanksgiving coma and the ending the threeday losing streak are a set of records around the corner or this rally a flash in the pan. First of all, welcome. Thank you. [ applause the man. The momentum killer i just drop the hammer on momentum up. We call these the ifbs they told me in your name that your name at hq is c. Quint. We might take the quint thing. So, quint, to answer the original question today was a flash in the pan december 15th columns. The december levies the tariffs, the market goes down i would think it trades down to 30, 90 or so handles from where we are now and then another conversation but today was a bounce from the market down three days steveo. I do believe the market will bounce back even the last two weeks of the year if he puts on the new tariffs. So i agree with that level too 3,000 roughly in the s p but the market who wants to he will is the market . Long onlies want to be long it long short hedge funds will underperform if the market trades lower so momen
Key read on manufacturing in the next hour. Plus, streaming wars, apple launching its tv plus platform today. It is the latest volley in the original content battle between media and tech giants. And pinterest plummeting, losing a third of its value since peaking in august. And the Growth Strategy for starbucks, Kevin Johnson will join us first on cnbc this hour. Lets get to the jobs number, october payrolls well above expectations at 128k despite the gm strike. Unemployment goes down goes up to 3. 6. Wage growth 3 from a year ago jim, hard to find things to quibble about this month im going to come back and say youre going to have a the beginning of cracks in manufacturing. There is still two economies the twothirds of the economy that is consumer is doing very well the other third is not doing well and we can i dont know how long we can go with only twothirds i think pretty long. But when you if if they shut down boeing 737 max, youll see very different numbers i just think these num
To repair and could it be a september to remember. Trying to brush off its reputation as one of the worst months of the year for stocks. It is monday, september 23rd and Worldwide Exchange begins right now. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Wherever it may be, good morning, im brian sullivan. Here is how your money and your Global Markets are setting up their day and their week futures now down 99 points right now. Little red on the screen this morning. Coming into today the s p 500 has been up three sessions in a row. Right now, looking like its not going to make it 4 but a long way to go. In the credit markets, things have cooled off just a bit well talk about that in a second benchmark ten year treasury market 1. 86 after all those wild moves, things have cooled off just a bit in the last week. There are no Major Economic data points or policy speeches today. Around the world in asia, japan was closed for a
Im katie greifeld. Taking a look at markets and we are in a little bit of a holding pattern. Same story if you look at the nasdaq. Then you take a look at the bond market. This will be the market to watch, but for now it is pretty quiet. The 10 year not even down by a basis point but a holding pattern. Shares fell as much as 15 after a warning about a steep descent. Analysts calling it a worrying single for the Luxury Goods Market overall. Joining us is andrea. Andrea, what went wrong at gucci . Gucci is transitioning from a design that was exuberant. Going for a much sleeker look. If you are a customer, there is not much point buying out. It is only just coming into stores. Not much demand for the old product and not not much of the new product available. City is seeing this as a broader sign of worry. Do you also take away that signal or is this unique . It is a little bit of both. It is going up in the market at the same time it is completely overhauling its look, but this is a remi
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