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Transcripts For CNBC Squawk On The Street 20131204

96 since halloween. Our road map begins with the markets. We could be in store for a foursession losing streak. That stronger than expected adp number adding to worries the fed might taper sooner rather than later. And a holiday treat as november sales give sales a lift. And a double whammy for financials. Citi with a downgrade and we could see a tougher than expected volcker rule. And ron burgandy means green for dodge. Sales fueled for the durango. News on concerns that the fed might scale back their Bond Buying Program when they meet later this month. Well get ism services and new home sales in about an hour from now. Its been said maybe december tapers right around the corner, jim, if numbers like this keep up. I think its tough for yellen to come in, we start tapering and we get some big frackus in january. We forget the two parties hate each other. They tend not to accomplish anything. Worst congress in history if you c ....

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Transcripts For CNBC Closing Bell 20131204

So, were not saying were going to see it this month, necessarily, but we are off to a down start for the month so far. Sure well get into that and market reaction. Plus, exclusive reaction to the selloff with pimcos bill gross. He has an eyeopening opinion of how investors should be playing this market. Hell tell us what keeps him up at night. The minimum wage is back in the news. We have a fast food worker walkout scheduled for tomorrow. The president was demanding an increase in the minimum wage. Today well talk to a major e c exective to a major food chain about what would happen if they were forced to pay all workers 15, which is essentially double what most fast food restaurants pay. What do you do . Cut jobs . Make burgers smaller . Sliders for everyone. With the dow off about 60 points, off the low of the session. It was down about twice as much at that point. The nasdaq only off about five points. The s p 500 off three. Interestingly enough, there have been some social media na ....

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Transcripts For CNBC Closing Bell 20130724

Facebook, yet another important Earnings Report. That stock is still about 40 below the 38 ipo price, incredibly. Wow. And the numbers are being watched closely, obviously, especially the mobility aspect. Julia boorstin will have the results with the best instant analysis, as well. She will speak with the cfo as well. On the heels of the detroit bankruptcy, Meredith Whitney is out with us, out with a dire call on municipalities. She said detroit is another of yet many big dominos to fall. Thats been a long time coming, that whole story coming. It could be the Death Penalty for allegedly ledge fund report, potential criminal charges coming imminently against the firm. This is separate now from those civil charges brought by the s. E. C. And despite the 616 million settlement for
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