Great is it on the Rearview Mirror . You watching Market Makers. We have breaking economic news. The fed index, scarlet fu has the headlines. We are going to cover it here. The philly fed index coming out at six points, way under expectations. It is the worst since march 2013. 2013 . Pardon me, march 2014. Everyone is talking about how strong the u. S. Economy is, how great we are doing across the board. This is a surprise. I did not expect this. Horrific retail Sales Numbers yesterday for the month of december. Two pieces of Economic Data about the pace of the u. S. Economic recovery and ultimately , not just the demand of consumers. We are going to talk about the greatest buying opportunity in the month of january. Top Global Finance and business stories of the morning. Switzerland rock Financial Markets around the world. They lifted its policy of capping the swiss franc against the euro. A huge move against the dollar. Swiss stocks plunged. Switzerland is an export reliant nation by
I want to thank the doctor. I said this a week ago at an event that we did with the Small Businesses. I dont know of any other institution thats opened up the doors to the American Dreams than miamidade college. Thank you for the service to the community and ultimately to the country. I want to spend a few moments talking about the book. The title is American Dream. The American Dream has nothing to do with how much money you make. The American Dream isnt about getting rich off of that may be your dream and a lot of americans would dream of. Its about achieving happiness as you define it. And for most people the American Dream and happiness is about simple things like owning a home and a safe and stable neighborhood, being able to raise your family and a safe and stable environment, having a job you find both rewarding and also that pays enough to be able to enjoy the things you like, save for retirement and be able to beat feed your children better off than your self. Of all of the co
How the new General Motors ceo makes the glass ceiling. A new book tells the story. Welcome to Market Makers. I am a pretty excited Stephanie Ruhle. Matt i am matt miller, in for Erik Schatzker today. Cant describe how refreshed i feel after a week of vacation. There is a lot of interesting news going on. Stephanie here we are, sixyear anniversary of the bull run. Lets take you to the bulletin the top business stories. The preliminary agreement between greece and its creditors surprise, surprise is starting to crack. European Officials Say that greeces latest proposal falls far short of what the country promised two weeks ago. The head of the finance Ministers Group says that because of that, greece probably will not get any eight minus month. The new greek government is opposed to more austerity measures but it needs more money from europe, someone else are they going to do so what else are they going to do . Mcdonalds new ceo has got his work cut out for him. I love to say it is goin
Really . You are also from new jersey . Class i had no trouble on the roads. Here. Is joining us it is the hour ahead in just a bit. Next week netflix earnings will come out after the bell. Also watching apple. He came out on twitter of all places and is selling his stake in apple for more than 3 billion. We should mention who will be speaking to him as well. I will and it will be coming up in an hour. Princeton University Economic president alan krueger, also the author of explorations and economics. Us today. For joining the news out of pimco. What is your reaction he is leaving . He has been there sometime. Mohammed is a great economist. People think of him as an investor but he is sensible and well trained. I got an email from him yesterday saying he is looking forward to interactions in the future and has always been a friend, someone i rely on. Hindsight is always 2020. Pimco and other funds had a difficult year. It is probably difficult to have copeople in charge of investment.
In their answers to questions from Garfield County Commissioners and the county library district chairwoman, library board candidates offered insight Tuesday into their motivations for applying for the open seat. Three of the six questions.