Inning. Thats all. Good morning and thanks for being here with us, im erika tarantal. Emily is off. Randy and im randy price. It was a nail biting game seven that had both teams fighting to the last second. We have highlights for you ahead but first, cindy with the forecast. Cindy we know what that feels like. Were starting out with some showers already, so a good idea to have the umbrella with you. You can see everything moving from west to east, quickly so if it starts raining in your town it will not last too long. We have showers right now out of framingham and down to sherburne, as well, and also looking at a batch of showers here, coming out of randolph, headed east, cohassett, and we have heavier rain in the bridgewater area. A few more of these showers scattered about from derry to newbury port, as well. There is a second area of rain off to the west. And this is going to come in later today. Temperatures mild but with that 50s, and upper 60s to the south, and well watch the sh
Fonzie jumping the shark and i think im going to stick with that tweet. 450 million. This is the Winning Ticket. Nobody needs to come down here. Jewelry store thief on a fivestate crime spree appears to have pulled off her sixth heist in north carolina. High School Basketball coach appears to headbutt a referee. Its not clear if this coach will face disciplinary action. A driver losing control of his car on a dash cam video. The driver posted this video on monday to promote car safety. Oh, no on cbs this morning. A group of radical extremists have taken over federal buildings in a remote building in oregon. The militia say they are ready for the response. You have guys holed up in a building out of nowhere and nobody coming out. Isnt that what prison already this morning sponsored by toyota. Lets go places welcome to cbs this morning. The United States has a new and powerful reason to worry about north korea. The secretive nation, this morning, claims it successfully tested its First H
Good monday morning. Welcome to squawk alley for a monday. John ford, kayla, as well as myself. Remembering david bowie on a tough morning, loss of a major, major artist. The dows down about 24 opponents. Were watching crude falling below 32 as u. S. Stocks struggle for gains after the bruising start to the year last week for some tech investors at least. Will the blows keep coming . Ali ans Portfolio Manager walter price and lead analyst mark mahaney. Good to have you. Good morning. Mark, in a neighborhood here now where everything seems to pivot upon the price of commodities, on chinese regulators overnight, and in the end, some would argue, really doesnt matter what amazons operating margin is going to be going into earnings season. Do you agree . Amazon is a bit of a bellwether for the internet groups of a whole as is facebook and alphabet. Probably more than any other stocks in the group. Amazon, what people want to see are operating margins rising in the north american retail bus
Money than we are with not losing money. Lets go right to it. First off, the Federal Reserve must change the debilitating narrative its adopted after that first rate hike in december. I understand their job is not to keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put then seen commodity deflation and a slo
Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put through an increase and since then seen commodity deflation and a slowdown in wage growth so we must monitor these before we that means we need to get off a timetable and go back to being data dependent. That would in itself cause a tradeable bottom, at least. This change is so important