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Transcripts For CNBC Squawk On The Street 20140730

Weakerthanexpected hiring. Twitter taking the street by surprise. Shares are soaring after the companys results were disclosed after the bell yesterday. Well dive deeper into those results as well. What a difference a quarter makes. The First Quarter comes in at 4 growth. A big rebound from the contraction of 2. 1 in q1. Adp says 218,000 private sector jobs have been added this month. The fed gets ready to wrap up its policy meeting. That Statement Due out at 2 00 p. M. Eastern time. Person consumption up 2. 5 . And the revision makes people think maybe it was a moderately bad quarter due to weather in q1. Yeah. You step back and youre looking at an economy that has defied a lot of expectations. Theres just a lot of people who keep getting it wrong. We had joe lavorgna got it right. Someone said this morning, someone got it right. Someone got it right. One guy this is the biggest economy in the one guy got it right. It speaks to whats going on in the stock market, though. This is there

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