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June 19, 2024
Im not wearing socks. Im not wearing socks. Can i ask you a question . What do i got to do to get you out of that jacket . Nothing. It is hot in here. It is hot over here. You dont call him love gov, right . No. You do do you refer to him as governor when he left the office in that way . Or mr. Spitzer, ellioiot. Youve seen him at conferences and meetings and on cnbc. I like spitzer. He was kind of a i didnt agree with him politically a lot, but i thought he was a dashing figure with a huge futu...
June 19, 2024
The job creations . Chair, yellen, i dont think your microphone is on. Can you see if its on, and if it is, please pull it closer to you. I apologize. I think certainly regulation has an impact on the economy, on Economic Growth. And there are many economic studies that have tried to document what it is. I think in the case of the Affordable Care act, cbo has done important analysis and probably will continue to look at it, i think theyve recognized that the impact of the act is likely to be com...
June 19, 2024
Understanding why viewers want us to compare results to last year, not to analyst expectations. We have 70 above. What does that tell you other than the Company Effectively managed where analysts were. We have no idea is it above or below. Intel, a third of their profit dropped off. In both revenue, and earnings, wouldnt you like to know how it compares . What if everything is down from last year in both revenues and earnings . Was it rich who was saying what you should be looking at is the numb...
June 19, 2024
Reins as rbi governor. And samsung is preparing to take the wraps off its new galaxy gear smart watch as it tries to take first move advantage over apple in the gadget wars. All right. Warm welcome. Were into another worldwide exchange. Good afternoon. Good morning depending where you are in the globe. Eurozone composite pmi hit the high since august 2000. The final number, slightly weaker, a nudge down from the flash. But nevertheless, 51. 5 for the month of august. It was 50. 5 in july. The hi...
June 19, 2024
Thats a thing of great beauty after the volatility that we had last week. Takes the gains for the year to 6 . Joining us now for the exchange, ralph siegel and jim carr and Jennifer Vail also with us, and our very own rick santelli. Ralph, let me kick off with you. This is a very, very strong week. It indeed has been. The market seem to be focused on fundamentals. Earnings better than we might have expected. And its rejecting accordingly. Yeah. To that minority, 3m in the wake of the earnings up...
June 19, 2024
Its got to leave, though . I think so. Conceptually you would hope someone could reform. But when you look at what hes done, the signs arent good. He hasnt changed his pay. They give an indication of a ceo that doesnt care about shareholders. Thank you for coming in today. Make sure to join us tomorrow. Right now its time for squawk on the street. Good tuesday morning. Hope you had a great threeday weekend. Welcome to squawk on the street. Im carl quintanilla, with melissa lee, jim cramer and da...
June 19, 2024
Sounds a warning over sectarian violence. But the white house keeps up the pressure on congress to approve a military strike. Were joined live by former italian Prime Minister mario monti as fresh talk that Silvio Berlusconi is ready to bring down the Italian Government overshadows the forum. And is it game over for kevin rudd . All signs point to the conservatives taking power in australia as campaigns make their final push before tomorrows vote. Lets get back to one of our top stories. Preside...
June 19, 2024
Taken, the fed policy, and on the other end of the street here congress has been engaging in more and more and more fiscal austerity. Is it fair to say that were kind of working across purposes here, you know, on one end were forcing real austere cuts, the economy is slowing while youre doing quan at this at this titi economy is slowing while youre doing quan at this at this titi . Its my thought that we might be able to slow down on quantitative easing if we werent forcing such austerity on the...
June 19, 2024
Orders and sales in italy, orders flat on the month, down. 2 on the month for sales and down nearly 5 on the year. So confirming some of the weakness that we know weve seen previously in the italian economy. Meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. Thats the current counselor plus which in october was an adjusted 3. 9 billion euros, up quite a bit from the 2. 5 billion reported for september. Now that also comes after a day after the European Unions ...
June 19, 2024
Whats going on in washington. And there is a look at the markets. Up 111 points on the Dow Jones Industrial average. Very light volume on this monday. The nasdaq down a fraction. Once again, technology under pressure. Apple down 3 today so far. S p 500 up about 9 points but we want to get to our top story and the latest on the tragic shooting at the Washington Navy ship yard. Lets get right to amon leading our coverage all day. What can you tell us . Reporter weve got new information just within...