Thanks very much. We have a puzzle here. I have the rapid update of gdp in the Fourth Quarter but the data which leads to a downgrade also makes economists optimistic. Here is the data. Q4 tracking 2 . That is down 0. 3 because of the data this morning. Q3 gdp 2. 1 . Thats tracking right now. Here is the Fourth Quarter outlook. Bank of tokyo mitsubishi at the high end at 2. 8 . Goldman sachs, barclays at 2 . Atlanta fed gdp, 1. 8 . Morgan stanley at 0. 9 . Here is the data that brought down the growth forecast despite the down grades though some see reasons for optimism for the Holiday Shopping season. Jobless claims ticking down 12,000 to 260,000. Thats back in that low range weve had before making people optimistic about consumers have jobs for the Holiday Season. Durable goods up better than expected, 3 , and here is the big numbers here. Personal income up 0. 4 but spending doesnt keep pace. Up just 0. 1 which can only mean one thing. The savings rate ticks up. 5. 6 . So whats the take among the economists . Are they wearing rosecolored glasses . Stephen stanley says history tells us that a chunk of that savings will eventually get spent whether its during the Christmas Shopping season or otherwise and over at Capital Economics they point out the outlook for real consumption and Business Investment remains encouraging. So a bit of a quandary right here. You have the data coming down, the gdp numbers down, a big 0. 3 to just 2 but because the savings rate is high and the job outlook look pretty good theres optimism for the Holiday Season and you see that, by the way, in Consumer Discretionary and capeles whicape staples which are along the leaders of the pack. A lot of data to get through and you did it. More reaction and what it means for the fed. Lets bring in ron insana. Pull it together for us. I think its almost a foregone conclusion given everything weve heard from Federal Reserve officials that they want to move and theyre going to move in december with maybe a quarter point rate hike. I think the bigger question now, given that we think we know what we know, is what the reaction will be. Theres a couple things i want to look at closely upon the feds decision day which is december 16th. Number one, will the yield curve flatten or steepen . If it steepens it would suggest bond Market Investors believe the economy can handle a move by the fed. If it were to flatten, that would suggest theyre worried the fed is already moving prematurely. Do commodities replait or deflate . The dollar can get stronger and push inflation away from the target. Will emerging market currencies be revalued with a dollar . Do you think youve put forward a lot of things there, ron. Do you think theres any one thing that perhaps holds greater weight than the others in terms of what could still stay the feds hand or would it have to be something absolutely massive at this stage . Well, i think at this juncture there are a couple things. If the geopolitical tensions were to get so large and accidents like yesterdays were to continue to happen on a more frequent basis and call into question whether or not the european economy and other economies of the world could stand this type of tension, thats an open question. The indicator i would watch is the yield curve. If it flattens as the fed is raising rates, it would tell us bond Market Investors think inflation will fall and growth will slow with just a single rate hike or a couple rate hikes and i think that would be the yellow or red flag that might keep the fed from doing more as we move into 2016. Overall, it feels like at this stage the market is sort of just wanting it to happen, right, ron . So perhaps a nonevent for the markets if it does happen but maybe a major negative event if it does not. Well, i dont know about that. I think if it doesnt happen, profits we got the profit report this morning with gdp, which were negative. Valuations in the stock market can stay higher for a longer period of time as well. Yes, some people may worry the economy is not in the feds eyes not Strong Enough to withstand the rate hike. But it depends what the source of the concern is. If theres too much uncertainty around the world clearly the u. S. Is stronger than the rest of the world, thats one thing. If the fed were to say were about to roll over in the u. S. , then it would be a big negative for stocks. Always good to talk to you. Thanks for your take on the issue. Have a good holiday. Happy thanksgiving. Over to you. To the energy market. The weekly rig count released two days early. Why . Because of thanksgiving. I would not go into thanksgiving, dominic chu, without knowing the rig count. I think a lot of people feel the same way. So lets take a look at the numbers. The weekly rig count. We see a u. S. Oil rig count decline by nine to a total of 555 rigs. U. S. Oil rig counts for this week down nine to 555. Were down about 1,017 from the same time one year ago. So, again, the trend for lower rig counts continues. This time around down nine rigs total to 555 for Baker Hughes Rig counts. Thank you. After retaking the city of sinjar in northern iraq, Kurdish Forces have uncovered a series of tunnels left behind by isis militants. The network of tunnels includes sleeping quarters, wired with lek trelectricity and fortified sandbags. They show two tunnels running several hundred feet and containing boxes of ammunition and medicine. Mandy . Brussels now where Metro Services are partially reopening. Armed soldiers continue to guard the stations as belgium remains on high alert. Joining us is tara palmeri. Yesterday you were talking to us about how a lot of people have got threat fatigue. Whats the feeling today . Reporter today you see a lot more people out on the street, and it seems that people are really trying to get back to normal life, but its still jarring to see so many police, to see armed guards and armed vehicles circling through. This past week 20 of the people that worked in the European Commission teleworked probably because their kids were home from school but i do know some people who still havent sent their kids back to School Despite the fact that theyre open because its still not clear how were safing toder ton we were yesterday. Im seeing reports how the government of france has offered Financial Aid to a number of businesses and cultural sites that have been negatively affected because people arent going out so much, cafes, restaurants, that kind of thing. Theyre offering tax extensions, loan extensions. Are you seeing a similar thing in belgium or is that something that might still come . Reporter it may still come, im sure, but right now im hearing from friends and colleagues that they are going back out again. No one wants to feel like hiding, and were kind of tired of it. We want to move on with our lives. We dont want to feel that were being, you know that were living in fear. There is still a fear when you walk around because you know that there is the highest level Terror Threat but at the same time you have to resume your life. You cant live like this. You certainly cant. What do you think has been the most surprising thing . Im assuming for a lot of you its the first time youve experienced anything like this. What is the surprise to you about the reaction of people . Well, i was actually sort of surprised by how relaxed some people are about it. I mean, im from new york and new jersey area, and i feel on edge i think because i am not so certain of this government and how theyre handling the situation. I wish there was more communication coming out, and i dont understand why they made some decisions to close down all the stores, the metros, and the schools, and then to open it the next day when there is still a terrorist on the run. I think that might just be because im an expat living in a new city but i am nervous and i know others are as well. There are a lot of expats living in brussels. This is the capital of the eu so people are coming from all over the world to work here. So were all sort of wondering is belgium able to deal with this . Is the brussels government as well able to deal with this. Theres a lot of tension and i know a lot of people who work in the institutions have stayed home and also just the location of the commission. Its located above a major transit hub, a subway system. People are a little nervous about where the buildings are located. Im not sure id want to go on that subway. Thank you for joining us one again and stay safe. Over to you. Ty. Fan duel and draft kings are thafg hair day in court. This is a live picture of the new york city courthouse where they are squaring off against the new York State Attorney general. At issue is whether or not the sports sites can continue to operate in new york. Earlier this month new yorks ag sent cease and desist letters to those two companies labeling them as illegal gambling operations. A judge will now decide whether daily fantasy constitutes gambling or a game of skill. A decision could come down at any moment and well bring it to you the moment it happens. Mandy . We certainly will. Still ahead on power lunch, we are gearing up for the turkey day rush. Millions are expected to take to the skies this thanksgiving so the question is are the Airlines Ready . We have a live report for you coming up ahead on power lunch. Plus, some good news if youre in the market for a new home. Some key data that you need to hear. Also, a big food warning to tell you about before you sit down to that turkey feast. All the full details when power lunch returns. Announcer if youd give thanks for a better nights sleep. [barks] sleep train has just the ticket. [train horn blares] through thanksgiving weekend at sleep train get three free gifts with selected mattress sets save up to 300 on beautyrest, posturepedic, serta, even tempurpedic plus, get up to four years interestfree financing but sleep trains thanksgifting sale ends sunday sleep train [train horn] your ticket to a better nights sleep welcome back to power lunch. Im mandy drury. Deere reporting a beat. Equipment sales will slow in coming quarters says the company. The shares are up by 3. 6 . Hormel announcing a two for one stock split early next year. Shares are higher by nearly 3 . And stooandard poors cutting yahoo s credit rating. Shares not phafazed by that, up 1 . Were watching shares of Weight Watchers. Up by 4 . One of the months biggest gainers among the russell 2000 small cap stocks. Now, since oprahs firm made a 43. 2 Million Investment back in october, the stock has gained nearly 300 . Her investment would be worth nearly 165 million so a huge gain for oprah and Weight Watchers helping to drive some of the gains in the russell 2000 small cap index. Thank you very much. First it was chipotle, now another popular chain dealing with an e. Coli scare. Jane wells is on the case. Hi, jane. Reporter hey, tyler. I dont know about you but i live on costco rotisserie chick chicken. In this case it was the rotisserie Chicken Salad which includes veggies, mayo, our ingredients. Were talking about 19 people in seven states falling ill. The cdc says 14 of those who got sick ate the Chicken Salad in the week before they fell ill. Last known case so far they aid it november 3rd. We may not be out of the woods. In both this case and chipotle where 45 people fell ill, the exact ingredient has not been discovered. In both cases the outbreak struck over the same period of time, approximately. Coincidentally costcos located in seattle, its headquarters, which was in the heart of the chipotle outbreak although only one costco customer in the state of washington fell ill. First, there were different strains of e. Coli. The costco strain or the strain attributed to costco is more serious because two people had kidney failure. Costco shares, look at this, no big whoop. Investors not reacting very much. Third, the pr reaction. Chipotle has put out at least two statements on how its handling the situation. Costco has put out no statements. No press releases. We have called. Were still waiting for them to say something, they have not, though they have spoken to the cdc. Maybe its a good thing to remember as i get choked up about this story because im thinking about food, for thanksgiving some basic rules. Make sure your turkey finishes cooking at 165 degrees. Take it out at 155 or 160 because it will rise a little bit. Wash that Fresh Produce and dont let that turkey sit out for more than two hours at Room Temperature before you put the leftovers in the fridge because as we know the left overs are the best part. Back to you. Happy thanksgiving. Same to you. Thank you very much. There are less than three hours left in the session, but get this, less than 25 trading days left for the entire year. So how should you position yourself for the rest of 2015 . We will break out our yearend playbook ahead. But first. Up next, power pitch gets its paws on a device that lets you play with your pet remotely. Whats your stealing the Market Strategy . My big kirn is its one camera that sits in one place. Or call it a dog. Stay tuned to find out. How else do you think he gets around so fast . Take the reins this holiday and get the mercedesbenz youve always wanted during the winter event. Hurry, offers end soon. Starts at 6 30 a. M. On the vo rush hounose. Und here but for me, it starts with the opening bell. And the rush i get, lasts way more than an hour. announcer at scottrade, we share your passion for trading. Thats why weve built powerful technology to alert you to your next opportunity. Because at scottrade, our passion is to power yours. Bob dylan. To improve my language skills, ive read all of your lyrics. Youve read all of my lyrics . I can read 800 million pages per second. Thats fast. My Analysis Shows your major themes are that time passes. And love fades. That sounds about right. I have never known love. Maybe we should write a song together. I can sing. You can sing . Do be bop. Be bop do. Do be do be do. Do do do be do. This bale of hay cannot be controlled. When a wildfire raged through elkhorn ranch, the sudden loss of pasture became a serious problem for a family business. Faced with horses that needed feeding and a texas drought that sent hay prices soaring, the owners had to act fast. Thankfully, mary miller banks with chase for business. And with greater financial clarity and a relationship built for the unexpected, she could control her cash flow, and keep the ranch running. Chase for business. So you can own it. Welcome back to power lunch. Im mandy drury. Time now for the power pitch where one entrepreneur has only 60 seconds to convince a panel of experts that his business has what it takes to be the next big thing. I am the ceo and cofounder of petcube. At petcube were on a mission to improve pet owners lives with technology. We started with this camera which is the best way to stay connected to your pet. It allows you to talk to your pet and play with your pet with a built in laser toy. Pet market is huge. We already made our 1 million in sales through online and now were entering retail. For me the most exciting part of the whole petcube story is our model app which is a community of pet lovers. Think about all the hilarious videos of pets chasing a laser that people post there. This is a new and exciting way to stay close to your pet. Go get it at petcube. Com. Just in time to bring your pet this toy. Welcome to power pitch. You just saw the pitch, now its time to meet the panel. Joining us is Angel Investor kelly hoey. Also with us is dr. Katy nelson. Shes a veterinarian and host of the pet show with dr. Katy. And we have Alicia Syrett a board member of the new york angels. She advises and investors in over two dozen startups. Thank you very much for joining us today. Youre in the hot seat, sir. Kelly, first question goes to you. Im really impressed. 1 million in sales already. So my big question is kind of got your go to Market Strategy which was online. Off holiday strategy, but whats your scaling the Market Strategy . So our first step in scaling will be just leveraging those customer reviews and some of our power users, but for the big picture, this is a model similar to what go pro does. You have seen they are using their content and our content is super viral, so we bet on that. Dr. Kate . As a vet trarian i would love to recommend it but with the price point how do you justify it against some Wearable Technologies that give you more information . This is a pretty average price point for a home camera, surveillance camera, and it actually saves you a lot of energy and a lot of nerves. So i think its totally doable. Its not that super expensive. I went on amazon where you distribute your product and i notice that 20 t of the review have a onestar rating citing issues around connectivity, customer service, and picture quality. What do you say to perspective customers who really like the idea of the product but go on the site and are potentially discouraged about the ratings . Unfortunately we were launching this on kickstarter and we were so houried to deliver it to our backers that there were a percentage of devices that had some issues at the beginning. Now most of those issues are fixed. So customers are happy and we just had our amazon review and they had great reviews from amazon certified fine reviy eie. Dr. Katey . My big concern is has one camera that sits in one place. If you live in a tiny apartment that might be fine. I have a house thats three stories and a pretty big place. I cannot expect my pets to sit in one place all day long. Is this something youre going to be able to down the line have multiple cameras to set up in a network where you can see all the interfaces . Absolutely. You can do it at this moment. You ca