Been more or less stable, at least lets call it for the last few days. As for europe, going over there for the continent, across the atlantic . Its positive. Thank you, simon. Except for wheres that red there . I dont know even know where that is. Germany. It much smaller than you might this. We have a new Coalition Government in germany. They may be about to expel silvio berlusconi. We have a live and exclusive interview with Hewlett Packard Ceo Meg Whitman is coming up. The nasdaq coming off its first close above 4,000 in more than 14 years. Triple a is projecting more than 43 million americans will journey 50 miles or more away from home between now and sunday but Stormy Weather on the east coast is wreaking havoc on Holiday Travel plans for millions of them. Lets check in with kayla tausche. She is at Newark Liberty airport and will give us an update. Its not looking good, though. I dont know how many flights have been cancelled. I assume youll tell us. Its so far so good for trave
The president who saw the worst years of the depression and the Great Depression was so bad that a lot of our modern history is about assigning blame for it figuring out whose fault that depression was. Many people blame hoover and down the decades increasingly so. The 31st president of the United States was ranked 37 out of 43 in a recent u. S. News poll. That magazine wrote of hoover, he was known as a poor communicator who fueled. Wars and exacerbated the depression. Not only those on the left but also sometimes on the right assigned blame to herbert and we are here today to talk about that specifically and president hubers own analysis, his own work which blames other people as well including his successor Franklin Roosevelt and his predecessor Calvin Coolidge. We want to welcome the viewers to this hoover revision. Doc nash is a frequent guest on this channel. Richard norton smith introduced him and interviewed him a few years ago for another book and this time we are going to giv
Exchange, mark newton, gary at the cme group and Jerry Grossman over at the nasdaq. All right, mark, lets talk about really just todays action, certainly, friday isnt going to spook anyone. But is this a sign of things to come as we have two trading sessions left, actually . Yeah, brief stallout, slowdown. Weve had six straight gains ever since the taper was announced, and were still seeing good strength in energy and materials which is important because those groups have lagged the majority of the year. Now were seeing some reversion in the month of december where weve seen commodities reach the highest level since october. The yields getting over 3 in the tenyear, could serve to spook people, that is psychologically important. Were set to close at the highest weekly closing basis since 2011, so thats also somewhat important. Cheryl you know, mark, at the top of the show i was actually comparing the markets that weve seen not just today, but really this year with the 18mile mark of a
Countries claim both chains the chinese say foreign nationals must follow the rules or risk having their boats and equipment confiscated. Taiwanese official in charge of policy toward china reiterated taiwans claim to the islands she said the taiwanese do not recognize the rules. I will continue to protect the interests of their people and vessels. The spokesperson for the Us State Department joined in the criticism the passing of these restrictions on other countries fishing activities in dispute it. Portions of the South China Sea is a provocative and potentially dangerous act. He said all concerned parties should avoid doing anything they could raise tensions and undermine the prospects for a peaceful resolution. Chinese officials have admitted to japanese Prime Ministers visit to war related shrine in tokyo. Please be kind of postponement of several cultural exchanges. Shed done they went to the us can the shrine last month. It honors japans war dead including leaders convicted of
Commerzbank. And a third of the dow sending members due to results. All right. Welcome. Its a brandnew week here on cnbc with Worldwide Exchange. Plenty to get through as ever on todays show. Lets run you through the menu. French president is calling for optimism in his bastille day speech insisting economic recovery is under way. Our next guest says he has two months to fix it or risk losing the country. German he elections less than three months away. The campaign is pumping up. Well hear from the leader of the green party. Is he holding the key to merkels victory . Gold prices saw a modest rebound at the end of last week after posting the worst quarter on record. Expect that rally to continue according to guest harvey of Duke University. Hes making the ultimate bear call, 800 an ounce. Feigned out why in 30 minutes. And the pain at the pump is far from over with gas prices set to rise over the next two weeks according to industry research. The summer driving season continues in the