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Have stocks moving on that that will bring you up to date and we aredebating whether big change in Interest Rates is about to affect the stock market weve seen rumblings of and well get to that important story coming up, but we begin with breaking news, a report that canada is increasingly convinced that President Trump will pull out of the north American Free trade agreement. Don chu joins us now with more on how that could affect the market. That tracks some of the Biggest Companies in canada and in mexico. The Biggest Companies in canada. You can see thats pretty good stock down about one and a quarter percent. On the chart just when those headlines came out with regard to whether or not canada thinks ....
Good morning and welcome to squawk alley. With me at post 9, jon fortt and brian sullivan. Welcome. . Thanks. Great to have you. Joining us as well, henry blodget. Good morning to you as welp. Great to be here. Our top story of course is january net yellin and the fed unanimously approving the first rate hike of the year, the second in the last year. This is the major averages cut early losses and continue to close in on dow 20,000. Henry, not eve an rate hike can stall this rally, but the question is whether were just borrowing from 2015 gains that the point. That is the question. I certainly hope things continue to go up. Its changing the mood, suddenly people are optimistic again, its wonderful, but stepping back, the fed is raising rates. That is generally not good long term for stock prices. And as weve talked about a lot over the last few years, stocks are very expensive on a historical basis. The defense for that is rates are super low. Now rates are going up. So the combination ....
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in ....
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in ....
Up Interest Rates and signals there are more hikes to come. Can the stock market continue to rally as Interest Rates rise . Im here to help you folks do well. The president elect strikes a conciliatory tone as he meets with prominent Silicon Valley executives. Some of his most vocal critics during the campaign. 1 billion accounts. Yahoo discloses another hack, and this one is even bigger than the last. Those stories and more tonight on nightly Business Report for wednesday, december 14th. Good evening, everyone. And welcome. It finally happened. The Federal Reserve hiked shortterm Interest Rates. It is the first increase this year, and just the second in ....