Along with hemt care and energy. That was quite a turn around on the banks ahead, wall street heavy weights are taking sides on the market david miller and david tepper warning about the historic overvaluation. Bill miller announces saying they see market values here. Were going to ask billionaire mark cuban which side he is falling on right now plus, a rare interview with william demchak. Hell discuss the banks decision to sell its stake in blackrock. They own 22 and its created quite a business since they sold lets focus in its a great booking and i cant wait for the interview as weve been discussing. I love all the people you book from nap foods to nikes, but this one is creme de la creme from sarah try to get one youd be interested in. 59 minutes left of trade lets focus in on the big stories. Mike tracking todays volatile market action. Phil has an update on delta. Kate has a look at what mastercard is say iing about Consumer Spending. Mike, start us off with the Broader Market, w
Online more Central Bank Action from japan helping fuel the bulls and despite all of that, oil plunging again, down more than 20 as we see one Energy Company file for brankruptcy. Ahead on todays show, were taking a deep dive on the path forward for retailers. That sector deals with the fallout from the lock down well speak with about the issues facing the industry and be joined by former macys ceo as Department Stores deal with their own challenges and bankruptcy concerns swirl around the sector were up 5 on the s p with 59 minutes left citigroup is up 8 still down 42 year to date. Lets focus on the big stories were watching today mike is is tracking the market moves. Meg has the latest mike, lets kick it off with you and the broader markets. After about two weeks of going sideways, the s p 500 gets a little bit of a boost today to basically the levels it saw at the post crash highs of ten days ago. Take a look at how it fits into the broader picture here 2874 is a number that we firs
Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i
Estimates by about 0. 30. Revenue was also better than estimated, and they see revenue up, so that stock jumping in the premarket. Time now for global exchange, where we bring you todays market moving news from around the world. From hong kong to brussels, des moines, iowa and new york, our bloomberg forces are on the ground with the latest top stories. Chinese growth and imports beat expectations. With us from hong kong is in the curran. Is enda walk us through the numbers. Numbers. Ty good a couple of factors behind these good trade numbers, sentiment was much better in the month of december and late last year in advance of the trade agreement that is going to be signed this week. There was an element of front running of the orders because in Chinese New Year falls january. A base effect gives the numbers a bit of a polish, but also importantly, china found new markets even as it suffered from tariffs on its goods going into , and even into europe. Nd Southeast Asia total chinese exp
I dont consider much of a journalist and nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equities firm. How do you define leadership . What is it that makes somebody tick . Let me go back to the beginning with golf. But i was nine, i quit when i was 10. You are pretty famous in golf. It was too frustrating and heres what i couldnt understand. Why is it sony people are addicted to something so humiliating and frustrating for so many people. The ball never goes where its supposed to go. Why are people so addicted to it . Jack thats a pretty good question. Neverending pursuit of unattainable goals is what it is. You can try all you want. Nobody has ever mastered the game. Most athletes in other sports love to play golf because its difficult, its challenging for them and he challenges them at whatever level they play. Thats why i enjoyed it. No matter how good i got i could always be bette