tick of the market until show time today, and it appears to us and others that i spoke to, and bill ackman moved the market today. by the time he tweeted, and he covered his long bonds short, and we are showing you that now over on this other side of the screen, right? the dow is down by more than 200 points, and ackman tweets that and at the same time you had yields start to come down and then stocks do the exact opposite, which went up. the dow is up 24 or so points. it appears that's what happened. he said, quote, there's too much risk in the world to remain at short bonds in long-term rates, and people are going to wind up buying treasuries. >> i think it's a great trade by bill. >> time to cover, you mean? that short? >> no, i think the fact that bill consistently throughout the third quarter was messaging to markets that he was short treasuries, and he sat with delivering alpha -- basically doubled down on that position, and reiterating his short position, and like any good trader bill has the ability to observe the environment and change his mind accordingly based on what he says. i

we are showing the tweet from bill ackman now.obil with the bid for pioneer with the earnings report later this week. why is this a good time to buy in exxon? >> i see it as a supply constrained market. we are excited about the deal for pioneer and what that can add to them in the permian. with the cash, they will out perform. we see earnings continue to rise the last couple weeks. he can pec expectations are coming up for them. if we see the geopolitical shifts or market disruption, they are well positioned taking advantage of the prices. we love buying a bit on the dip of pioneer. that was oversold. that happens. the a they take a dip. >> and rising rates in the valuation with amazon. give us the elevator pitch for amazon. >> that is a little odd for me. the consumer has held up well. this is a play on consumer spending. maybe not the hermes market. we have seen numbers stronger than anticipated. it is a combination of thosetwo things. they get a nice lift at year end with the year end spending and we will see how prime day. the

. >>> bill ackman gettin apprppror s sparc. it is not clear that elon musk is alolooking for a deal with h. other companies that would work with sparc is mature unicorns. we will speak with bill ackman at 8:00 a.m. it is the return of the spac. this is a different model. this came after the spac. the spac that would merge are universal and blocked by the s.e.c. he ended up buying that universal stake for his own fund. there were the rights that came with that which were different than the previous generation of spacs. this is approve by the s.e.c. we will see what he buys. he has a lot of money burning a hole in his pocket. >> did he get to save that or give it back? >> he gave the money back. there were interesting warrants which we will talking about which lead to this moment and can he go buy a big business. the question is what business does he buy? pe company? he threw out the idea that one day could elon musk take x public without going through the public issues? that was the benefit of spac. i argue the problem with spac

bill ackman unwound the investment in government bonds and risk. he said the keconomy is slowing faster than expected. and then bill gross is expecting recession by year's end. the comments coinciding with the drop in yield during yesterday's session. the ten-year yield had been above 5% before the comments. >> bill gross has been right about some things in the past. he knows about bonds. bill ackman made a lot of money, obviously. it is assuming this, isn't it? we're going to get a 5% rate. that's a weird time to say the bond -- the rise in yields is over with the sharp slowdown in the economy. >> ackman's point is because of the israeli-hamas war, you could see a flight to safety. i don't know how long-term of a call this is. >> at least bill gross thinks we're in recession by the end of the year. >> i didn't talk to him. >> he is not talking about the economy slowing down? >> i didn't see the entire thing. he cited the israeli-hamas war as the reason you see the flight to quality. >> i think he was citing risk around the world to the economy whic

the move in the incredibly gigantic bond market to bill ackman's blog post here? >> they covered the bond short and right now, 1:37 pm you have seen a move in the bond that he said he was shorting. what is interesting is if you take a look at just how much the yield had moved forward to .517. he has below where he thought it would go, the reason he is taking off the short position is he says there's too much risk in the world to remain short and long-term rights, the economy is slowing faster than recent data suggests. that implies worries about a further bit in the bond market, a haven bid as the economy starts to slow down. we are well off from the 5:50 he said that could reach given the supply dynamic he is seen in the longer-term. jon: should we prepare for more wall street titans to track posting their views on x what they feel the bond market looks like? this did feel like the effect in a market that was that we saw in the equity field was deep in the right to start the day. >> many have taken to x to voice their views, treasuries have certainly come centers

bill ackman said you're blacklisted at my company. you will not hire these people at all; right? >> now know, honestly, 'til this came out to the forefront from bill and mark and some of these others, i had -- believe me, i'm going to be paying attention closely to this because who would want someone like that around your business or in your life. i wouldn't want them at my dinner party or in the same room as me. this is what hamas has done is beyond any of our wildest nightmares to these poor israeli people and now israel is having to deal with the reality of what's been living next door to them and who's been governing this huge area of gaza next to their border and israel is confronted with this difficult issue. liz: you mentioned mark, that's mark rowan and cofounder of apollo and a huge hedge fund and a chairman at wharton and a graduate of university pennsylvania and he's calling for the president liz mcgill to step down because the school has hosted all kinds of anti-semitic people at a certain event, and this was before the israel attack, the attack on the israeli civilian

big drop in bond yields after the ten-day started the day above back 5% and that was enough for bill ackman to cover his bond short. is that helping to drive yields lower today? our portfolio manager says bonds can achieve equity-like returns over the next 18 months where she's seeing opportunity now. not everyone is so sure yields will drop, though. columbia's charles calamires is sounding alarm bells warning it could overwhelm the inflation fight and get fiscal policy under control could mean a big shock for the banking system. he'll lay out the options available both to the fed and lawmakers. the co-ceo of morgan stanley's real estate arm is here to explain her strategy and how it's change in the face of higher yield as well as what opportunities she's seeing overseas. before that, for once, dom, i get to say session highs. >> yes. you can say session highs right now. that's exactly where we sit. if you look at the markets overall, with the s&p, remember on friday we talked about that kind of 200-day moving average, that longer term trend line, 4233. we are now solidly above it, but it w

bill ackman teaming up with elon musk and the x platform. it is monday, october 2nd, 2023 and you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." i'm frank holland. let's start the week and the hour with the check on the stock futures on the back of the government funding deal. more on that in a moment. futures are in the green across the board. dow looking like it would open up more than 100 points higher. s&p .50% higher. nasdaq is more than .75% higher. as always, it is early. stocks are coming off a tough september and tough third quarter. the major indices losing between 2.5% and 4%. the s&p notching the worst p performance in years. the bond market here with the ten-year yield. still moving higher at 4.62%. a lot of technical analysts said this is important about the direction of bond yields. look at the two-year note which is back above 5%. that is something we are continuing to watch. here is wti with brent seeing the best quarter since q1 last year. wti is above $90 a barrel. $91.20

if you look now and you saw bill ackman earlier this week take a short position off the longer end ofhe curve, you see people coming back in. this trait is still very contested and we will talk about duration. joining us now is cliff corseau and diana amoa. it's safe to take on risk on the long end of the curve? >> we would shy away from it a little bit. you've explained a lot of why that would be. with the strong economy we have with hot inflation or sticky inflation, almost at 4%, i don't think the all clear signal is in there yet for duration. we are not sure it's quite over. we think we are closer to the bottom in the price drop on fixed income. but it's not yet going out the curve in our opinion sonali: bill ackman a pershing square tweeted earlier that we covered our bond short but there is too much risk to remain short bonds at current long-term rates. the economy is flowing faster than recent data suggests. when you look at that move to take on the short position, do you think you could get into the long end now or do you still see a short position building at a reasonable sca

bill ackman pulled the position on the short position and bill gross is calling concern over the healthf the u.s. economy. >>> and ha anmas releases two m hostages as emmanuel macron arrives in tel aviv as diplomatic efforts continue to step up. >>> happy tuesday. warm welcome it "street signs." we will kick off the show with the latest pmi. the october flash figures. the flash pmi has come in at 46.5%. that is down from 47.2 in september. the pmi hitting the lowest level in nearly three years during recession worries. here is the breakdown. the manufacturing pmi is 43 which is down from 43.4 in september. the services flash figure is 47.8 which is down from 48.7 in september. a bit of comments from the data of the s&p alongside hamburg commercial bank. in the eurozone, things are moving from bad to worse. we would not be caught off guard to see a mild recession with two back-to-back quarters of negative growth. that is the commentary coming from the service provider after the pmi has hit a near three-year low. optimism about the 12 months about factory managers weighing the output drop

at least a dozen ceos endorsing the ceo of hedge fund giant pershing square capital management bill ackman calling on getting the names of every student who wrote that letter, and denying any hiring of those students from their student groups, take a look at "new york post" cover this morning, schools in hate, bill ackman, wall street wants names of harvard israeli bashers does not hire them, mark reaction. mark: i very rarely agree with bill ackman in this situation i think one hundred percent on point, anybody that supports, murdering raping women be heading babies unpossibly i want to know who they are to make sure i never high them they are low character people obviously, there has been a few students that have come out said that hey, don't, don't -- don't kill me, i know i was wasn't part it was group i belong to, but really i mean if that is your position if your position i don't agree with what my group said you need to formally denounce what they said withdraw resign from group. >> where does this uninformed you know, group where do they get information? do we not all understand, h

we had bill ackman saying there's probably going to be a recession in the fourth quarter or at least bill gross said that bill ackman said that the data is a lot less strong than recent data has appeared, but it's not tracking that way. where is the weakness? yeah, my concern is that we're still working through this tightening cycle of the fed has put us into over the last couple of years. the reality is the consumer has been the last breath, if you will. that's held us up for the last couple of quarters and a lot of the us consumer is tapped out of excess savings at this point. we're starting to see delinquencies in credit cards. we're starting to see auto delinquencies rise. these are very early leading indicators of a challenge consumer backdrop. so where am i going to see weakness in the future? i do believe the consumer backdrop is slowing down. we see industrial spending slowing down. we're working through some major infrastructure projects. but as those tail off our company is gonna continue to deliver on the capex side. so i'm seeing pieces begin to slow, but the consumer has

well, billionaire hedge fund manager bill ackman doing something about it.lease the names of all the students in those 30 groups and then he wouldn't hire any of them. good for you, mr. ackman. >>> check the markets, and and mark tepper is with us. [laughter] getting confused here. okay, let's go with this, you've got stock picks, and you're starting with salesforce. what's so great about them? >> that's our most recent ad to our portfolio. most people -- add to our portfolio. certainly undervalued. weapon you look at -- when you look at what they do, 94% of their revenue is recurring, it's a very customizable software platform with very high switching costs. it's trading around $200 a share right now, i think fair value is more like $300 a share is. if you were to apply just a reasonable historical multiple to this company, it should be over $300. stuart: that would be a nice gain. >> some decent upside there, bud. stuart: assuming you're right. [laughter] astrazeneca. >> so all the buzz when you're looking at big pharmaceutical sustains -- companies, is su

now to the markets, the most prominent bond bearers bill ackman and bill gross say the fixed income rout gone too far. . the market paring the move from the overnight session in the u.s.. bank earnings kicking off today, unicredit and barclays reporting , plus top interviews from riyadh's future investment initiative. we speak exclusively to ceos of state street and acwa power. breaking earnings news. i want to start with unicredit. net interest income coming in at 3.6 billion, the estimate was 3.4 6 billion, so a big jump when you talk about revenue on the top line. they are raising full year revenue and net interest income outlook. the markets are closed so you cannot see the immediate market reaction. when you look at the headlines they are looking good on the surface. net income beating quite a bit, significantly lower than what the market was expecting. we are looking at 135 million. the estimate was 301 million so less than half on the loan loss provisions. that's going to be a big piece of the equation in terms of how much support they might need if you see a market downturn. is t

bill ackman says it is not enough to speak out. know the names of the students who participated because future employers should take that into account. do you think it should go that far? larry: i think bill is getting carried away. look, david, this letter was issued six hours after the attacks. many in the groups had no idea there was going to be a letter. some who probably signed their groups on did not fully know what they were signing. some, i am sure, were naive and stupid. i do not think this is a time for individual vilification. it is not a time for demonizing israel and not a time for demonizing students who were not careful or who were silly in what they did. that is very important to maintaining a community. bill's entirely right. i would do the same thing as he does in wanting to make sure that the people i hired were not people who stood with hate. but asking for lists of names? that is the stuff of joe mccarthy, not what i think strong business organizations or universities like harvard should be doing. i think we ha

when there's reaction from a dozen ceos backing bill ackman huge in the financial world here in new yorkt to hire anti-israel students from harvard university? >> the market is speaking out. look, i believe everyone has a right to freedom of speech and everyone has the right to be wrong. i think what i just saw there at university of north carolina students or if people on the campus, i don't know if they were students or not but it's amazing to me someone would say we're hamas and second goal, the second state of proported goal of hamas, their constitution is to destroy israel. is to kill jewish people. so i don't understand how you can be for that and call yourself being part of some organized or resistance. you asked me a basic question. i think my alma mater is the university of pennsylvania. one of our great graduates and friend of mine was on television this morning on another network calling for the senior leadership at penn to resign. he felt they had not denounced strongly denounced strongly enough and language but again, freedom of speech is a hallmark of the nation but that do

manus: >> to bill ackman and bill gross have that much sway in the bond market? the bottom line is, that huge amount of volatility, the one thing that surprised me was why did the equity market it more of a bid on the back of a swaggering move? was it reappraisal a bond risk? lisa: probably just ptsd. >> last month and a half as chest impacted the equity market from the bond market. hi they to stocks, low bit is tosca manoj offensive strategy when the bond market is moving this quickly because the defense stocks tend to be more bond sensitive and debt ridden. the equity investor doesn't know where to turn. frankly one day is one day in the equity market will say let's see where the trend moves lisa:. are you saying that we are seeing the stock market have more rationality and more control and less volatility than the bond market? >> yeah and this is been the story all year. equities have another thing to hang their hat on and that's called earnings. in broader economic conditions and earnings have improved this year relative to last year. equity markets can trade

now is jamie dimon, made headlines globally, but we are at this point, we saw it with bill ackman entering -- ending his short bet against the treasury market, there are concerns heading into the next year liz: i thought jamie dimon's comments were good in the sense that a p placing that. maybe we in the markets and coverage, that is our job, we are talking about changing the perception, we going to go up the order point four twice? what people like jamie dimon are getting at is one or two more hikes is not a big deal, but are we going to see a big jump in yields across the curve? we had ackman getting out of it short yesterday come along end rates have come down. but i think people are too nervous. nobody is going to say we've seen the peak. we have a fed meeting next week where they have signaled they will do nothing. funding announcement where the treasury is supposed to announce another round of bond sales. there is still a lot of uncertainty for folks in the treasury market. even there we got a real read on the loan end with rate following , few are willing to say the worst is over. s

ceos according to business insiders are joining the push by bill ackman not hiring the students supportingist of ceos names. what's your take on this? >> what's interesting is ceos have every right to wonder about the groups that supported the brutal terrorism, the awful unspeakable acts that were done this weekend in israel. but they might also ask themselves why they were supporting the blm movement so much. the blm movement is also a supporter of hamas and other terrorist organizations. and these corporations gave tens of billions of dollars to that movement so for them to act surprise that had after supporting that movement and being willing to do whatever that movement asked then being surprised that they're seeing this on college campuses is a bit weird for them. thinking about how they brought it into their own corporations. elizabeth: yeah, corporations and other corporations nationwide. your final word and msnbc anchor tweeting against this saying it's free speech on the part of students and this is cancel culture on the part of the students. your reaction to that, final word? >>

hopefully bill ackman is right covering his short.ying his bonds but covering the short is a start. my big worry, charles, i have a to give you these numbers in 2007, fed funds rates and 10-year yield are about where they were as they are right now, just about very chose but back then we had nine trillion in federal debt. we're at 33 1/2 trillion right now. we've gone up two trillion in the last five months, we're headed to 50 trillion and the big worry is the bond market going to be looking at inflation which is coming down or debt which is skyrocketing? by the way economics 101 says when debt goes higher yield holders will want more. charles: right. >> that is whether rates keep going up. so fingers crossed we're getting closer to the end because i have got news for you the market and economy will not be able to take 6 and 7% 10-year yields if that occurs. charles: i agree. trillion here, trillion there,rs pretty soon we talk real money. we'll be right back ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. this

people like bill ackman and mark rowan and others, lauter, are on the right track.r in opposition to your views. liz: all right. you know, the elite school mba, really helped you, certainly but is it what it was back then especially considering that we're looking at schools that really have failed to show a spine when it comes to something where there is nwhere there is ? it is horrible what is happening of course to palestinian civilians who are innocent but to say 1300 israelis slaughtered is okay and to let this all occur and have professors of stanford, lecturer coming out and saying all kinds of crazy stuff, does that hurt the value of an mba now from those schools? >> i don't know if it hurts the value of an mba the value of an mba has diminished over the last number of years. i left xerox corporation in 1965 to go for an mba at columbia. i left a job making $7500 a year to go to school. i don't even remember, exactly, my tuition was probably $50,000 a year. i went on a trimester basis. i probably spent $75,000 to get an mba and hired at goldman, at 12 five. n

bill ackman and others want the names made public to prevent the students from being hired after graduation our new york station has this report >> reporter: as jerricho students headed home, parents picking them up acknowledged the terrorist attacks in israel have impacted their kids. >> they are upset. kids are upset it's affecting everybody >> reporter: sharma is mother t a seventh grader >> they are emotionally affected by it, because they have a number of friends whose families and, you know, have been directly impacted by this. >> we are here, and our job is to support our students. >> reporter: jerricho superintendent said counselors have provided support all week, but with students who are both jewish and muslim this is more complicated. >> there is definitely a political implication to this event. >> reporter: that's which the superintendent alerted parents this week that teachers would discuss what happened with students and since monday those discussions have kurd at o discussions occurred at middle and high schools students from different backgrounds and perspectives who wanted

bill ackman covered his short. >> yes. oned that ackman said the economy is slowing faster than recent data suggs. bill likes to introduce himself into the conversation. there was focus on that position which has been a good one for him being short and now they are covering, obviously. they believe perhaps there's going to be more money or demand for those bonds. >> it does feel like a dangerous world, no matter what happens here, and the fact that treasuries haven't been acting as safe havens is interesting especially the march up in gold. maybe things will get a little too tense where you just have to buy treasuries. there are two factors i wanted to hit as to why these yields continue to move up that we don't talk about as much as, you know, the solid growth and higher inflation and higher for longer. what happened in japan kicked off the rate move overnight which is there was a report out of the nikkei business news that japan at its bank of japan meeting next week is looking at scrapping the yield curve control further

billionaire bill ackman, ceo of hong kong and founder of persian square capital management, has demandedrvard university reveal the names of students who support palestine. he threatened that no one would hire them. the university did not disclose the lists, but a non-profit organization sent a truck with invoices to the harvard campus, which had names and photographs of these. with the signature of the leading anti-semite harvard. in addition, the list was posted on the internet. as for the stars, some of them demonstrated that they did not even bother to understand the essence of the conflict. thus, justin bieber published a message in support of israel, but accompanied it with photographs of destroyed residential buildings in the gaza strip, which were bombed by the israeli army. ekaterina radaeva, news. a military outpost that provides. security and stability throughout central asia region, these are the words of the russian president, they were heard at a ceremony marking the twentieth anniversary of our air base in kant, it is located in kyrgyzstan and russia is ready to cooperate

billionaire bill ackman, ceo hedcha fund and founder of persion square capital management demanded that university reveal the names of students supporting palestine and threatened that no one would hire them. the university did not disclose the lists, but a non-profit organization sent a truckload of invoices to harvard with the names and photographs of these students, signed by the leading harvard anti-semite. in addition, the list was posted on the internet, as for the stars, some of them demonstrated that they were at the heart of the conflict didn't even bother to figure it out. thus, justin bibber published a message in support of israel, but accompanied it with photographs of destroyed residential buildings in the gaza strip, which was bombed by the israeli army. catherine. lead. a military outpost that ensures security and stability in the entire central asian region, these are the words of the russian president, they were heard at the ceremony marking the twentieth anniversary of our air base in kant, it is located in kyrgyzstan and russia is ready to strengthen cooperation with

and there's more, more money talking in the form of 1000000000 air hedge fund manager, bill ackman insisting that harvard released the names of the students that have been putting out pro palestinian pamphlets. why does he want their names released? so they can bleed, so they can be blackball blacklisted and not hired in the future by employers when they go out looking for work. it's interesting. on the other side, there are examples that the rhetoric is equally heightened for i'll give you an example. in this case there's a yale university professor e and he came out and said that how mosque was right to kill is really civilians. the comment is causing for some people to say that he should be fired. then after all that there's the geo political impact of all of this. now we want to be comprehensive about this. this matters where it now appears that the conflict between israel and gaza is shifting the focus away from the conflict. then ukraine . both present a button and fed chair janet yellen are assuring the world that us tax payers that would be me can and will continue to send tens of bi

billionaire bill ackman , ceo of hong kong and founder of persian square capital management, demandedharvard university reveal the names of students who support palestine and threatened that no one would hire them. the university did not disclose the lists, but a non-profit organization sent a truckload of bills to the harvard campus with the names and photographs of these students, signed by a leading harvard anti-semite. also, the list. posted on the internet, as for the stars, some of them demonstrated that they did not even bother to figure out the essence of the conflict, so justin bieber published a message in support of israel, but accompanied it with photographs of destroyed residential buildings in the gaza strip, which was bombed by the israeli army . ekaterina radaeva, news. today vladimir putin will take part in a meeting of the council of heads of state of the cis. i will now tell you in more detail what topics will be in the spotlight. so, first, the plans are for meetings in a narrow format with the participation of only leaders, and after that the meeting will be held

and there's more, more money talking in the form of billionaire hedge fund manager, bill ackman insisting that harvard released the names of the students that have been putting out pro palestinian pamphlets. why does he want their names released? so they can bleed, so they can be blackball blacklisted and not hired in the future by employers when they go out looking for work. it's interesting. on the other side, there are examples that the rhetoric is equally heightened for i'll give you an example. in this case, there's a yale university professor e and he came out and said that how mosque was right to kill israeli civilians. the comment is causing for some people to say that he should be fired. then after all that there's the geo political impact of all of this. now we want to be comprehensive about this. this matters where it now appears that the conflict between israel and gaza is shifting the focus away from the conflict in ukraine. both present a button and fed chair janet yellen are assuring the world that us tax payers that would be me can and will continue to send tens of billion

and harvard alum bill ackman is calling for them to release the names with the students affiliated with the letter so his company can blacklist them from getting hired. several ceos have echoed his request in excluding jonathan, who said i would like to know so i never hire these people. joining me now is the president for the foundation for individual rights and expression or fire. he's also the co-author of the best-seller, the coddling of the american mind and the new book, the canceling of the american mind. you're a first amendment advocate, a defender of free speech on campus. where is the line in these circumstances? >> depends on the case. when it comes to the stanford case and i'm a stanford alull, that was a case where the professor literally made jewish students to raise their hands, told them to take their stuff, get in the far corner and started telling them, you're colonizers. as many jews have been killed by the colonizers than the holocaust. that's something they can publish a professor for and the case stanford's actions are appropriate. the other is freedom of speech a

the point that bill ackman made and i'm closer to the ackman side of this, personally, where i feel about it. larry said they made a mistake. let it go. i think ackman's argument is if you made a mistake, raise your hand and said you made a mistake. you can't say i'm a kid and i made a mistake and i'm not going to say anything about it. >> harvard lawsuits say they did not read what they signed. it is a concern. >> you should. >>> in washington, house republicans voted to nominate steve scalise of louisiana to become the next speaker, but postponed the vote. a majority of republicans voted in a closed-door meeting to select him. several gop lawmakers would not back him without concessions. republican leaders delayed a vote planned for yesterday and scheduled another for noon today. scalise met with some of them who said they would not vote for them. including chip roy of texas. roy said he wanted to see scalise commit to changes demanded by hardline conservatives. there is not an easy solution or end in sight to any of this. we will see what today brings. >>> in the meantime, the united a

nor bill ackman. you remember what he told me at delivering alpha. why it's such a large position and why he bought more. >> chat gpt was launched, incredible, game-changing product and google fumbled their offering. people said google is way behind on ai and the stock sold off to 15 times earnings. for one of the greatest businesses in the wrld, and we did a fair bit of work, they took a more cautious approach and made people think they were behind and open ai would eat their lunch, it led to a mispriced stock. we bought more in the 120s. >> kari, it's your biggest position and is at 140. a new high. >> we think it's attractive. yes, okay, that's a little higher than the market but considering the growth and, remember, when you type in a question and search now, google answers the question because it's, first of all, remembers the word you want to type and finishes the question. you can type is what is scott wapner's -- birthday it will give you. you'll get the birthday, right? it gives you questions and answers. i think the amount of intelligence t

hedge fund manager bill ackman had a brilliant idea.e employers know exactly who they are hiring before they send an offer sheet to a harvard grad. it's not just in colleges, this kind of ideology is in the halls of congress. rashida tlibe squad displayed the palestinian flag outside her office. she had a pride flag out there, too. does she know how palestinians feel about gays? i don't think she does. rashida twists themselves into knots trying to convince you they support the palestinians, not hamas. no, no, no. palestinians and hamas are in bed together, they live together. palestinians let hamas conduct terror campaigns from their territory, a faction of the palestinian government. fox business is hillary vaughn caught up with tlibe earlier, watch. >> cut off babies heads and burned children alive. do you support israel's rights to defend themselves about what is happening? >> we are going through here. >> you can't comment on hamas terrorists chopping off babies' heads? congresswoman, do you have a comment on -- chopping off the ba

hedge fund founder bill ackman writing i've been asked by a number of ceos if harvard would release aof members have harvard organizations and issued the letter stunning soap responsibly for hamas attacks to israel so to ensure none of us inadvertently fire their members and now a truck run by accuracy in the driving around harvard campus covered in digital billboards that display names and giant photos of the students allegedly members of the group that signed the internet is your statement dumping anti- semites. pro-israel semites for being expressed on harvard campus with posters displayed on the yard showing kidnapped israeli hostages including the elderly and babies. >> what a story. always great journalism from you, thank you so much. joining us now gop strategist ford o'connell. you heard mollie's report, what is your reaction? >> college campuses have been on hate for years now from coast to coast and nowhere is it more pronounced and harvard university and when it comes to the students, they like to pick and choose which date they like to support or not support or condemn and

we have bill ackman who told cnbc the rate hikes are starting to hit the u.s.onomy. >> i think the fed is probably done. i think the economy is starting to slow. i think the level of real interest rates is high enough to slow things down. high mortgage rates. high car rates and credit card rates is having an impact on the economy. the economy is still solid, but weakening. seeing lots of evidence of weakening. >> european banks were resilient in september despite wider market weakness amid regional banking concerns in the u.s. and collapse of credit suisse. we have the head of jp morgan joini stanley joining us. thank you for being here. talk about big picture. if you look at where european banks valuations are against the u.s. counterparts, there is a steep discount. do you see that as an attractive buying opportunity for people watching the show? some people think the european banking sector weathered the storm well in march. is this a better place to do it? >> we believe the european banks are more attractive than the u.s. at this point. they are paying divi

. >>> and the high profile investors including bill ackman is sweetening the deal for the offer for sculptorffered $13 a share which is up from the previous $12.76 offer. sculptor agreed to sell to rhythm capital to $639 million. frank. >> i see it is up 6%. silvana, thank you. >>> turning attention to big tech. microsoft a.i. assistance for the office suite is several weeks away from going on sale. a number of testers got their hands on it as they look to get a leg up in the a.i. arms race. steve kovach has more. >> frank, can anyone generate meaningful sales from the a.i. boom? microsoft is about to try a month from now with the lawnunc of the a.i. assistant copilot. it costs $30 ap month. double what you pay for a subscription for teams and outlook and word. question investors are asking is it worth the steep price? microsoft has customers testing launch. i spoke with one customer who has been using copilot for two months now. >> what i see is the potential for breakthrough productivity. i feel like with the pace of diffusion of a.i. you wait, you will get left behind. >> one told me it a

bill ackman one big time fines guy seems to have.e need more like him and need him to speak out and then we hope that they begin to put their money and their support to candidates and organizations that actually really love america. and stand with one of our most important allies on the planet. it's time to realize where the real hate is in america. this current crisis should take the behinders off and that's the angle. all right, since summer 2020, some commentators have warned that black lives matter organization is revealing itself. not just as a morally bankrupt griff but a danger to society. we exam the truth about their sickening support for hamas and other groups like it, next. craig:t founder of black lives matter was never shy about what her organization believed about the middle east. >> laura: their views always aligned with some of the core tenants of hamas. >> what is the black lives matter movement have to do with palestine? a lot of people ask that. a lot of black people ask that. we have to be apart of palestinian sol

a billionaire hedge fund manager name to bill ackman has asked harvard for a list of students who signed the letter so that he and other ceos don't add certainly hire then. several other ceos joined in. finally they are holding those people accountable for their actions. something as rare as a republican on college campuses these days. some are calling this cancel culture. but most of the same people are the ones who invented cancel culture. libs used to think it was fun to get people fired for making the okay sign or miss jen during somebody. they enjoy digging up decade-old tweets to embarrass people like roseanne's late-night words or the ones where bill hemmer said ugly people belong in the circus. they insisted we all should be defined by our worst moment and never be allowed to forget it. no forgiveness, no grace, no accounting for human error. now the responsibly 80s raised organic chickens have come home to roost. it's not so much fun when it is their turn. how does it feel, bettss? that's right. sit there and take it like you say the jews are supposed to. that is where gop presi

. >> bill: yeah, you're on the list with bill ackman and larry summers.nor, we'll see where it goes. thank you for your time today. larry hogan, thanks. >> dana: off diety pilot in jail on 83 counts of attempted murder. alaska airlines pilot was riding in a cockpit yesterday when he allegedly tried to shutoff the plane's engine mid flight. unbelievable story and william is live from los angeles with more. high, william. >> dana, why and why not from a full-time pilot and full flight, 79 passengers and four crew fortunate enough to be alive after the pilot crashed a jet by culling fuel to the engines and horizon air flight leaving everett washington near seattle sunday for san francisco. the incident occurred about an hour into the flight forcing emergency landing in portland where this morning 44-year-old joseph emerson faces 167 criminal charges including 83 of attempted murder. he was headed home and sitting in the jump seat behind the pilot and co-pilot and he reached up and cut fuel to the engined by hitting the control panel and the pilots intervened

it was so bearish in bonds you had jamie dimon saying 7%, bill ackman saying 7%.ry fink also in the 7% camp. who does that help the most? that helps jpmorgan, black rock and those guys the most. bank of america is sub 27. that stock is trading bad because they were not prepared for this higher rates going from 0 to 5% and they have all these unrealized losses market to market pretty bad. those are the things we face. we haven't mentioned student loans that are coming due, we haven't mentioned commercial real estate that's coming due. there are a lot of resets. that will put pressure on the fed more likely, as they stated, lorie logan, people down the list, listen, we know we've done a lot and there's a lot left in the pipeline we haven't felt yet. >> okay. we'll leave it there. i appreciate you coming back. >>> up next, we're tracking the biggest movers into the close. pippa stevens is back with that. >>> the details of boeing coming up next. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it

tipping point in academia and a tipping point with donors and people who give money, mark rowan, bill ackmanof harvard, graduate of wharton. for years, this is not a criticism but for years people like ackman kept giving money to the institutions. these institutions kept thumbing their nose at academic freedom and western culture and civilization and increasingly became radicalized and funding it. in looking at this, writing a book about corporate wokesm, they woke up one day and realized all the money they threw at woke incubators, colleges came around and has fueled the most disgusting anti-semitic -- neil: now they close up. charles: this is decades of domestication of america's youth. we went from the towers came down and recognize our fight was not with islam but with the terrorists, the militants, now fast-forward we have people pretending hamas and hezbollah are the equivalent of the naacp. they are terrorist organizations hell-bent on destruction. they say it out of their own mouth. neil: how can you ignore what happened a few weeks ago, 1400 be wiped out in 24 hours? charles: there

cynicism in belarus 2020, but harvard is, of course, something else ; billionaire and its alumnus bill ackman is important to take on such students in order to avoid accidental hiring in the future, while ackman himself assures that 100% supports freedom of speech, the harvard slogan on the university emblem is the word veritas , then besh truth, in latin, but the truth is something else, a surprisingly bold statement by a latin pastor, and the situation with american students is essentially a phenomenon same order. the middle east conflict has once again exposed in all its glory the falsity of the euro-atlantic model of the european system, they are always ready to easily sacrifice and democratic ones, only a negotiated solution to any disputes will preserve peace on the planet, but a completely different world is needed, the whole one. unfortunately, a consequence of the same policy, when the majority suffers because of the interests of the minority, was the terrible tragedy that happened in the american city of lewiston, maine. a certain robert cart shot at least 18 people, and around. the

. >>> staying on the economy and the fed, pershing square's bill ackman joining "squawk box" and his outlook for the economy and what may happen at the fed meeting in november. >> i think the fed is probably done. i think the economy is starting to slow. i think the level of real interest rates is high enough to slow things down. high mortgage rates, high car rates, high credit card rates. they're starting to have an impact on the economy. the economy is still solid. but it's definitely weakening. seeing lots of evidence of weakening in the economy. >> joining us now is pimco economist tiffany wilding. are you seeing the evidence of weakening in the economy? and to what extent? >> yeah. i think the bottom line is that the u.s. economy as well as developed market economies have been much more resilient than anyone expected in the first half of this year. nevertheless, we do think under the surface that, you know, monetary policy drags are starting to build. and that, just plus the fact that some of these fiscal policy positive overhangs that we've had since the pandemic, you know, exc

done this again, it is down nine basis points to 4.83%, the pullback in bond yields happening as bill ackman says he's covered the short position in long-term trea treasuries. he had been betting on elevated yields but now says there's too much risk in the world to remain short bonds at current long-term rates. it really is a flee to safety when you see the prices going up on bonds and the yield coming down. investors bracing with what will be the busiest week of earnings, this week will hear from a host of big tech names including microsoft, alphabet, meta and amazon, were getting reports from verizon, coca-cola, visa, boeing and 3m all sorts of companies that we can have a look at the earnings and gauge where they're at and what their outlook is more importantly, will get a better read on economic conditions will beget the third-quarter advanced gdp number on thursday. then the fed's favorite inflation gauge, pce on friday, a lot to digest, let's get right to the floor show, joining me and very likely kenny polcari and scott shellady, the deans of market watchers, that's what they told me

now bill ackman says he would black list anybody that signed that because he doesn't want those individualst his firm. >> yeah, martha. you saw that. you saw as you played and molly played that law firm, you know, retracting that off of employment to the head of the student bar. it's disgusting and should be consequences for those people. >> martha: free speech is something that we all support. it's a different story when it's supporting people that are slaughters children in their beds. that is terrorism. good to have you here today. >> thanks, martha. dramatic new video that we just received moments ago of -- from the israeli military video. watch this. that is just some of the recent strikes. that's a rocket launcher firing at a hamas target in gaza. the video shows a building hit by that rocket, a precision hit. we know the israeli government warning residents in this areas, civilians in these areas that these hits are coming in. we understand that the army says this is part of the university that hamas uses as an operational center. we know that they bury weapons and in some cases host

all the sudden they said maybe we should take the other side and the other thing that happened bill ackman a hedge fund investor came out and said it does not make sense to be short bonds you cannot bet against rates you need to be buying bonds for the very simple reason that guys like you and me look at bond yields 30 day government piece of paper with no risk on it is yielding five and a quarter and they say hang on i should be buying that so i think were getting at the point with maximum pain and concerned with what's happening or not happening on capitol hill to what's happening in israel and ukraine to the uncertainty around the debate, there comes a point which the market price is in the uncertainty and it takes it to an extreme. i think what we see on bond yields right now is the extreme and starting to change course. david: a lot of people are afraid or not sure how to invest in treasury per se as six-month treasury or a one year treasury, what about money market funds, j.p. morgan chase, if you dealing with the bank like that, a substantial bank, plenty of liquidity, is that a saf

at least a dozen ceos are now backing hedge fund giant bill ackman in his call to deny hiring any members student groups who signed a letter which blamed israel for the attack from hamas. harvard claudine gay responded to the controversy. watch this. >> our university rejects terrorism. that includes the bar bare bic atrocities perpetrated by hamas. our university rejects hate; hate of jews, hate of muslims, hate of any group of people based on their faith, their national origin or any aspect of their identity. our university rejects the harassment or intimidation of individuals based on their belief withs. beliefs. maria: well, being very clear here, hu, but the fact is student groups wrote a letter and blamed israel. you're one of the business leaders endorsing ackman's call to say think about who signed their letter, their name onto that letter are unfit to be part of any business team. you will not hire them. tell us more. >> it's too little too late for this. i mean, i think that they, the students should have known what they were signing on to, and i think that the universities shou

bill ackman said he wants all the names of the harvard university students who signed a letter blamingence in the region. in a post on x, twitter, he says a number of ceos asked him about this, quote, to ensure that none of us inadvertently hire any of their members. harvard's president released a statement condemning hamas and distancing the university from student groups but this was after the letter went out where these student groups were siding with hamas. your thoughts? >> i think a lot about this, like what are college students thinking here? you know, do they think it's going to advance their careers? are they misguided? are they immoral. it clearly can't advance their careers. the community notes when people side with baby killers and rapist. i would hope they're not immoral. in my mind, it must be they're misguided and that's the role of universities. you know, universities are based on the truth. what we need right now is moral clarity and i call on all university presidents to issue you that moral clarity that the battle here is a battle against evil and terrorism. maria: l