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Consumer confidence relatively judge the michigan consumers intimate data is a good guide. Lets break it down a different way. Current conditions, 85. 9. That is above expectations at 84. 9. This is what i was really looking for, expectations also ,oming in ahead of expectations but they are still below current conditions, 79. 2. They are not going down, which ethic is the really important thing, as we see the virus picking up. Alix and we didnt get stimulus, counterintuitive to what many thought would happen. Big tex stocks are lower on a stocks big tech are lower on a flurry of data. Now with us, mark st oeckle. Are you buying the dip . Tok i think people need keep it in perspective. The reports were good. I think what we are seeing today is skimming a little but of the froth out of the valuation adjustment. I think they are all very wellpositioned and very well performing companies, but lets also not forget weve had a big run up into these numbers. The interesting part is you look a ....
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 ....
39yearold engineer made the decision to resign from google no later that december 2017 and quit in 2016 with no notice shortly after he signed a term sheet with uber. Let me be very clear, not a single one of these supposedly secret files ever went to uber or any other company or person. Anthony levandowski is innocent of these charges. He never stole or attempted to steal anything. Period. The government has it dead wrong. Reporter levandowski appeared stow nick a dark suit throughout the hearing. However our court artist noted he apare peered emotional towards the end. Prosecutors said he was flight risk because of considerable wealth, asking to next week to set the full conditions t get ea of the wealth. Defense arguing he has ties to the bay area, including young children, chris reyes abc7 news. Waymo said we have always believed competition should be fuelled by innovation. Uber spokesperson said we cooperated with the government throughout the investigation and will continue to do ....
Strategists on wall street now see elevated recession risks and a possible significant pullback. Joining us is ian winer. Welcome back. Thank you for having me. Today it is the trump comments that are lifting the market friday they were sinking the market what do you do in this environment . You have to stick to the stocks that you really like because theres absolutely no direction in the marketplace the president clearly isnt helping things i think we are just going to continue to stay range bound at the same time, where global rates are and the fed basically saying theyre going to be there and you are in a little range here i think that the uncertainty itself will outweigh whenats happening and see a correction before we run away to new highs. The risks tilted negatively near term negatively for three months i think. Ians here for the hour lets focus in on the big stories today. Live in france with the latest on china trade bob here at the exchange kate tracking the nasdaq ayman, fir ....
Happen be a brilliant man and cant lose 3 billion jobs. That will be magnified many times over. President trump added he will only make a deal with china if it is quote fair and good. President trump took questions on a variety of topics standing alongside Emmanuel Macrone. The form minister was invited by macrone. President trump says he is open with meeting with iran in the coming weeks. President trump tid not attend the meeting on Climate Change, his aids were there. They pledged a fund to combat the wild fires in the amazon. Here is what the president said when asked if he is worried about Climate Change. The United States has tremendous wealth. The wealth is under its feet. Im not going to lose that wealth, im not going to lose it on dreams and windmills whic ....