to be an optimistic speech, notjust to be an optimistic speech, notjust to be an optimistic speech, notjust to be american people but to the american congress. there are at least two audiences, if not more for this address. for these big addresses. the president needs to win over the people in the room, and just as importantly, win over those watching on television. the numbers of those watching on television have declined by almost 50% in the last few decades. president pays attention to his ratings, so it will be interesting to see how many people to tune into this. the president. i think it is crucial in this address, he really has to start legislating. he has not introduced any legislation yet. a lot of members of congress have expressed concern about him not pushing hard enough, championing things for. has done a lot of executive orders but not a lot of policies. here is the joint session of congress, the floor of congress. you have members of the senate and the house
on cnbc. i m sara eisen. i m wilfred frost. good morning to you from me as well. happy pancake day. happy pancake day. fat tuesday. i didn t know it was pancake day. fat tuesday, that is an unflattering name. getting rid of all the food . and you eat pancakes. we eat pancakes. they actually made a pancake at the end of street signs. i like them with chocolate chips. you guys just eat food? all food? our slender floor manager said every tuesday is fat tuesday for me. either way, we just eat. i want pancakes. we have to check in on the global markets. we did notch a 12th record close for the dow. wilfred is not impressed unless we get a 500 point rally, but either way this is the longest string of gains i am impressed. i am impressed. you said, eh, less than a percent. 0.04% we gained yesterday. doesn t take much. i need to offset it is incredible. it is. the dow is up almost 5% for the month. the nasdaq and s&p up 4%. that clearly is hi
in germany, things are relatively flat there. let s look at crude oil. looks like right now wti is down by 8 cents to 53.96. couple big stories we re watching. a crucial cabinet vote last night in the senate. wilbur ross was confirmed as commerce secretary after a vote of 27-27. ross is key to the administration s plan to overall trade deals like nafta. the white house will hold a swearing in ceremony for ross today. on the economic agenda. second estimate on fourth quarter gdp at 8:30 a.m. growth forecast to be revised up from 1.9 to 2.1%. 9:00 a.m., the monthly case-shiller home price index and chicago pmi at 9:45. consumer confidence numbers at 10:00 a.m. san francisco fed president john williams and st. louis fed president james bullard will speak today. rob kaplan will be speaking with us at 7:30 a.m. eastern time. apple will hold its annual shareholder meeting at its cupertino offices. investors will be asked to vote on nine proposals, including one to rope in a t
that way. a lot of construction out there. we ll get to all of that. it won t necessarily stay that way all day, showers will develop, but the warmth beginning to build in the area. as we start things offer by taking you outside to storm scan3, clouds are out, there helping to keep temperatures little milder after this morning, as well, certainly some green speckles showing up across specially parts of the area here, not necessarily actually verifying at the ground level, but a lot of moisture beginning to build up in the atmosphere. taking a look at the temperatures, off to mild start here. 50 degrees, both millville, wildwood, 51 atlantic city, mid 40 s going into philadelphia and the i95 corridor. but regardless, mile beginning to a february morning, yet again for us, here, and we re very likely going to continue this trend up on the thermometer. mid 60s the expectation, both in philly and at the shore, there will however be showers along the way specially later tonight.