Fed, the chair saying inflation is still too high. Weve got a big day for apple, which will report its earnings after the bell, this amid signs of an iphone slump and, of course, potential struggles in china were keeping an eye on shares of carvana. They are up as much as 40 in the premarket. Remember when that thing was close to bankruptcy . Well, this was a recordsetting quarter, and were going to talk with the ceo that will be next here on squawk on the street. Lets begin with the markets and the fed, the day after the chair delivered this message on rates. Its unlikely that the next policy rate move will be a hike. I would say its unlikely. You know, our policy focus is really what i just mentioned, which is how long to keep policy restrictive. Lot of takes today, jim bmp unequivocally dovish, you agree . Thats a hard one, because i think that b of a saying fomc meeting, wait and see. Fomc bias here, Morgan Stanley firm hold with the firm hold. Fomc stalling for time, wells fargo.
Closer to cold and great shape here. Back to monday the first date of the Fourth Quarter and it starts with something we have covered very well. That is the which is the snackfood business. That is a north american serial business. Cheeses, pringles and pop tarts among other goodies that may not be all that good for you. Kelloggs since the breakup was announced. Either way, i can these are agents of economic decline. The government close impacts so it is not as big of a deal but the auto is truly an issue that keeps expanding. If it keeps expanding next week, it will not be all that good. The stocks trade like there will be a deal. When you listen to the united auto workers, he seems like a bit of a capricious fella. Especially when he has the president of the United States walking a picket line. Fords offer has been generous here it is getting really personal i dont like that. And it is not clear whether they will say anything. Remember is to stop inflation, not to boost growth. I dou
The tarmac last november after San Francisco hosted the apec summit. And panda experts from china checking the zoo this year. And now its finally happening. San francisco is absolutely thrilled to be welcoming giant pandas to the San Francisco zoo, the San Francisco zoo will receive the giant pandas as part of chinas panda diplomacy program. When the city hosted the pandas for a three month period in 1984 and 1985, the zoo had over 1 million visitors. We are so thrilled for the return of the giant panda after all these years to the San Francisco zoo and gardens. As you know, the giant panda represents and symbolizes collaboration and also bridges divides between cultural differences. The latest estimates indicate there are less than 2200 giant pandas in the world today. The organization Panda International said. San franciscos cool weather will be ideal for the pandas. Theyre going to need an enclosure. They can get, you know, out of the elements. Theyre going to need a large yard, so
A route. In other news, Orlando Hernandez is calling on the countrys leaders to help ring piece to the divided nation following his election. Several demonstrators have reportedly been killed in clashes with police. South African Media reports that olympian is repealing his prison sentence for the february 2013 murder of his girlfriend. Last month, the court more than doubled calling the initial sixyear term shockingly lenient. Now the earliest it doubleamputee runner will be is 2023. For parole global news 24 hours a day powered by more than 27 hard twice of hundred journalists and analysts in more than 120 countries. This is bloomberg. Julia live, i am julia chat we are 30 minutes from the close of trading in the u. S. Stocks are lower. The european tax overhaul. Joe the question is what did you miss . Texture pope republicans a tax overhaul that would be temporary benefit for individuals and would be good for companies. Strategy,t in jeffries breaks in more revenue than ever before.
Ann sheehan. Welcome to you all. Thank you. I think the question on everyones mind today is why apple . Of all the companies out there, why apple . Why apple apple is unquestionably a remarkable company, most valuable company in the world, and and a very responsible company, but theres no question that we need to be more responsive to childrens needs and childrens activities, and theres lots of research that has indicated that excessive usage of smartphones is damaging to kids, and so, you know, this should be an easy fix for apple. Apple, in fact, came out with a press release as you saw this morning that i was very encouraged by. They indicated that they acknowledged that theres an issue, that its an important one and that they expect to further improve their interactions, parents interactions with the kids phones. You could perhaps take their statement though as a why us maybe you guess have targeted the wrong company, that were already doing a number of these issues charlie, from m