honeywell, united health, meta, goldman sachs and palo alto.resting because he knows i like these stocks. we own hu humana goldman sachs we own morgan stanley. you know i like goldman sachs. honeywell is the key aerospace play meta, that's the old facebook very good company. we own a small position on it. very good rework cutting costs to get them in line with the revenues and palo alto is the finest cybersecurity the question is this cybe cybersecurity the same as meta no it's fortunately, unfortunately advertising. that's what it turned out to be. this is a cybersecurity company fantastic financial. i'm giving the portfolio a total blessing and thank down for being a member of the club do i -- why do i care so much about the club that's my primary way of teaching now i do this and i do that. now let's go to bobby in kentucky who must be lucky because he's from kentucky bobby's got, let's see >> caller: hey, jim, this is bobby atwell retired military. att, pfizer, dow chemical and chon thanks a lot for all you do for the investors out there. b

honeywell has a great to pay more than $160 million to settle u.s. claims. aerospace manufacturer admitted to offering at least $4 million to a brazilian government official in 2010. it will also pay $78 million to settle criminal charges from the justice department. philippine regulators are investigating the budget overrun in the country's largest phone operator. the securities and exchange commission said the overrun is an area of concern as it launches the inquiry. the issue has sparked questions over the corporate governance and fiscal control. coming up, our next guest things the upcoming change in the governor will be a turning point for japan's central bank. takahide kiuchi as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to 60% a year. and it's only available to comca

start with a tweet from ron that asks @"mad mon money" @jimcramre,, r, home dep, ibm, accenture, honeywell, i didn't think it was nearly as bad. i thought it was fine and i want to buy that stock on monday to tell you the truth that is a comb pany that does it analysis for you as a company. ibm also does the same thingso l i prefer ibm over accenture. home depot the great box retailer and starbucks and put up many more stores in china you want to buy that aggressively it was down today and honeywell, climate control. industrial food and beverage company. we've got an absolutely fantastic big box retailer we have ibm. we're going to say no to accenture because ibm is doing better and we have a health care company we'll add is eli lilly i think that's the best. i'm going to come back on accenture. now let's go to richard in new york, richard? >> hi, jimmy chill my five stocks are boeing, apple, broad come, john deere and nvidia am i diversified merry christmas. >> i'm liking it i like that sweater, too remember the ugly sweaters that's a good looking sweater. bad quarter comment for apple. s

in terms of honeywell, made a little money, not nearly as much as dick's, but i thought it was expensive. i love the story and it's on my perpetual buy list but given my market view and interest in taking off exposure those were the likely ones to do it look, we may have a santa claus rally. it's getting very late very early, soiodon't want to worry about it i've got too many other things to look at and i'd rather not have a distraction of stocks particularly when my buys are going lower. >>> coming up we have bullish calls today from the street on energy that is a sector in question to say the least. it's the worst performer this month. you've got oil, a serious as to where that is going. and wel scs att l ans nextwh ial get refunds.com powered by innovation refunds can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything, and i was blown away by what they could do. getrefunds.com has helped businesses get over a billion dollars and we can help your business too. qualify your business fo

. >> honeywell caterpillar.oeing deere. >> what's going on why are they all moving up >> it's not just china i think they actually -- this is my thesis, and i'm glad you asked. unlike companies that issue a lot of stock, you know, called stock-based compensation, which you follow, these actually have earnings they have ebitda but they don't call it ebitda. they call it earnings per share. and the stocks are not expensive. honeywell is probably the most expensive of those but you buy them, and they all have bought stock back when you look at how much, so there's no supply when the futures go up. it's a rather remarkable thing it feels like another market from the old days where, you know, you buy a lot of stock back, buyers come in, no stock, lifts the level, stocks take off. what do you think of that? >> makes sense does it continue that's one of the key questions. >> you don't have any earnings for a while. let it continue into the next year why not? i mean, that's why you see the dow down i mean, what is going

honeywell will also pay $78 million to settle criminal charges from the justice department.haad: and a look at some of the movers, the largest philippines telecommunication company with the ripple effect as well. it was down hugely in the session in the u.s.. some interrelated companies down by about 2% as well. the company has's -- this is a look at some pharmaceutical companies and shares are jumping there, 25%, the highest level is had. it received a u.s. patent for a drug to treat various infections including covid-19. rishaad: there were go, if you're sunbathing at the imperial palace, the market seeing slight gains as we head into the lunch break. a lot of speculation but the expectations of somewhat receded. that's the position as we head toward that lunch break. and looking at the broader markets in the region as well. yvonne: is nine degrees by the way in tokyo. david: which is virtually the only market across asia that is up. maybe that will talk about the rising yield story in japan and how that might change depending on what they do with the currency that probabl

areas to plot on the is a socialist pace where people celebrate birthdays. 15 years, birthdays, honeywell activities. they take place here. oh, got him now. i was ill up there plus about the holes. he pulls memories in gars after families most trish are feeling nada, from media love and comp barbados. the rooftops became the base for the project. seni plotted banda launched in the 1st months of the pandemic. it used outdoor cinema to relieve residence, confined to their homes. the events of continued beyond the quarantines locked downs and expanded to include life music. more than $200.00 screenings have now been held with several sheffield each month. the project was a reaction to the increased level of violence and suicide experienced during the pandemic. the projects co organizer and jimmy's twin brother, jaime, explains the program. i see name fatty ice. there are children fields and documentary phones, one important field which deals with the fight against oppression law. they put us your own up or law shaneka in look at them in b, this is for a population that is leaving through tra

of good things, not expensive, dividend, which i think matters, a changing stripes company only honeywell has been good at trading -- >> you've liked this name for a while. >> it's hard to change stripes lyle is changing stripes honeywell changed stripes. so what else are you working on? >> i think we're trying to figure out the outlook for next -- my biggest question is the outlook for next year as the focus shifts from inflation this year to growth next year, what are the earnings expectations telling us are we not pricing in a hard enough landing a soft landing appears to be priced in. i hate to sound negative but is there down side because the market is looking at the economy as not falling into a deep recession. >> i'm writing a piece right now how there's two economies, the economies people from the east coast, midwest and they know how to fire better than anyone it's like they -- the day they got their job let me teach you how to fire. and then there's people out west do we like call them in? do we say i'm sorry? do we give them a raise? they don't know how to fire and they're part

areas to plot on there is a socialist pace where people celebrate birthdays. 15 years, birthdays, honeywell activities. they take place here on carmel out to sell up their plot upon the holes people's memories gars after families mold. trish were feeling gnawed, ella from media library combat theater. the roof tops became the base for the project. sydney plotted bonder launched in the 1st months of the pandemic. it used outdoor cinema to relieve residence, confined to their homes. the events of continued beyond the quarantine locked downs and expanded to include life music. more than $200.00 screenings have now been held with several sheffield each month. the project was a reaction to the increased level of violence and suicide experienced during the pandemic. the projects co organizer, and jimmy's twin brother, jaime, explains the program. i seen in fatty ice. there are children fields and documentary phones, one important field which deals with the fight against depression la, they put us your own appalachian cohen. okay. coming be this is for a population that is leading through trauma.

we'll have interviews with the ceo of raytheon and honeywell.ad to a break. we're setting ourselves up about an hour before the market opens. d ghnow the market is virtually flat stay tuned we're coming right back. get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. welcome. you've got sales! i do? i do! you've got sales! you've got sales! you've got sales! you've got sales! when you've got the internet's most loved commerce platform. you've got sales! you've got sales! you've got sales! what was that? that's elwood. go to shopify.com to start your free trial today. goodbye! >>> welcome back to "squawk box" on cnbc. we are live at the business round table this morning and our next guest chairs tax and fiscal policy for the group here to talk about that as well as the global defense industry is greg hayes, chairman

so as long as lockheed martin is in your district or martin marietta, honeywell or bowinger, in these other large military main factors that are making billions of dollars, hand over fist autism supply weapons to ukraine, that they will make billions of dollars, hand over fist to restart the supply weapons that are being, it's live in the ukraine. that is why you're thing to was bipartisan support because of the end of the day, the military industrial complex, and the most powerful lobby washington d. c. ok, let's move on. now. india has insisted it can conduct military exercises with the u . s. near a disputed part of its border with china. that is despite concerns from beijing, new delhi, in reply to that says, no 3rd country can dictate who partners with the chinese side needs to reflect on. think about it, solid breach of the agreements of 1993 and 99. you 6 exercises with whoever he chooses and it does not give a veto to 3rd countries on these issues. firstly, let me point out that these military exercises of military drills between india and the u. s. are nothing new and these a

so as long as lockheed martin is in your district or martin marietta, honeywell, or bowinger in these of a large military main factors that are making billions of dollars, hand over fist autism supply weapons to ukraine. they will make billions of dollars handle. we're 5th to restart the supply weapons that are being explained in the ukraine. that is why you're seeing. so was bipartisan support because at the end of the day, the military industrial complex and the most powerful lobby, washington d. c. is a very the final is about the money. let's go back a little back to the strikes and these railway weather now with the pay to leave wasn't given the 7 days they were, which is i didn't think is on me though, but with the concession from the government is this lightning to push the unions over the edge or we like thing to see a strike. i think he will of because the union can simply put, can not allow themselves to be pushed into a corner. and if they ask for 15 days or sickly will to the very reasonable amount for the dangerous and the job of being a railway worker. you know, these ar

so as long as lockheed martin is in your district or martin marietta, honeywell, or bowinger in these of a large military main factors that are making billions of dollars, hand over fist out to supply supply weapons to ukraine, that they will make billions of dollars handle. we're 5th to restart the supply weapons that are being split in the ukraine. that is why you're seeing some of bipartisan support because at the end of the day, the military industrial complex and the most powerful lobby wants you to see a major european take. manufacturer says the u. s. has allies, a band sales of more computer chip production equipment to china, bicycle into ease, 2nd largest semiconductor equipment maker, a s m. i. the u. s. is putting a lot of pressure to make sure that the dutch government and the japanese government followers. well, d, u. s. government is hoping that this is going to be a multilateral thing going forward because they need to stop everybody from selling high and tools to china. having successfully pressured europe into breaking off from its chief russian energy supply to the

so as long as lockheed martin is in your district or martin marietta, honeywell, or bowinger in these of a large military main factors that are making billions of dollars, hand over fist artist will supply weapons to ukraine, that they will make billions of dollars hand over fist to restart the supply weapons that are being it with in the ukraine. that is why you're thing to, with bipartisan support, because at the end of the day, the military industrial complex and the most powerful lobby washing b. c. india has insisted. 8 can conduct meant exercises with the us near disputed part of its border with china despite concern from beijing needed. he says, no, said country can dictate who it will. partner with the chinese site needs to reflect and think about its own breach of the agreements of 993 and 9096 in the exercises with whoever chooses and it does not give a veto to 3rd countries on these issues that live now to our india correspondent london, sharla herndon. good to see what's going on here. why are these tensions originals behind them? the 1st thing, let me point out that these

so as long as lockheed martin is in your district or martin marietta, honeywell or bowinger, is of a large military main factors that are making billions of dollars, hand over fist. i'll just supply weapons to ukraine, that they will make billions of dollars, hand over fist to restart the supply weapons that are being with in the ukraine. that is why you're thing to with bipartisan support, because at the end of the day, the military industrial complex and the most powerful lobby was cnbc. the e is threatening ellen musk with a twitter bob. the new owner has been told his platform may be booted from the block if it doesn't comply with brussels laws. i welcome milan. musk statements of intent to get to which a 2 point oh, ready for the a you digital services act. but also be clear that there is still a huge walk ahead. twitter will have to implement transparent use of policies, significantly reinforced content, moderation, and protect freedom of speech, tackled dis, information and resolve and limit targeted advertising. now the you pass legislation this year for so named centralized

so as long as lockheed martin is in your district or martin marietta, honeywell or bowinger, is these of a large military main factors that are making billions of dollars, hand over fist. i'll just open supply weapons to ukraine, that they will make billions of dollars handle. we're 5th, to restart the supply weapons that are being with in the ukraine. that is why you're thing for with bipartisan support because of the end of the day, the military industrial complex is the most powerful lobby, washington dc. now it may be approaching the festive season, but there looks to be little joy ahead for dutch farmers. the government there is planning to shutter 3000 farms to fall in line with an e. u. environmental mandate to cut down and c o 2 emissions. well, this is the reaction. farmers brought their machinery to the streets to at protest that dictates government officials. i put a set of choices on the table, either drastically reduce emissions, relocate or cease operations. they say farms will be forced to be sold and leap along to follow if the reduced emission goals are not meant. but

>> honeywell, stay long. >> good stuff. good weekend, everybody.n sullivan in for kelly. here's what's ahead. the november jobs number coming in hot as a result, stocks, they're not. but we are way off session lows. are we back to like good news is bad news or is the market overreacting we'll look at what, if anything, today's report does to the fed i 's tightening plan and what you can do with your money in the meantime here's an idea buy farmland it is becoming or has become a red-hot asset class and inflation hedge. we'll look at what makes it attractive and

reading it thoroughly, is not just say, jack smith, a special counsel, but one folding county d.a., honeywellleases a report, it's available right now for the public. we're going through it here, we'll bring in the very latest here on cnn. the holidays are a time for making lists, but the most special list of all is the list of childrenwiths who are waiting for you to grant their wishes. five-year-old brantt it's like to wait for hope. he has spent his holidays in the hospital listening to beeping monitors instead of jingle bells. we love his infectious personality. a lot of people can't tell from the outside that he has a heart condition. brantley's wish was to see snow for the very first time, so make-a-wish brought him and his family to their own winter wonderland. snowman's are my favorite. but for every wish we grant, three more children like brantley are waiting for someone just like you. call or go online right now for $20 a month, just $0.67 a day, you can grant wishes for waiting kids. brantley went from imagining a snowman to building one. his wish snowballed into a life changing ho

walgreens, netflix, honeywell, cisco, starbucks, look at the pops of anywhere from 20% to more than 40%. united airlines, and yes, boeing , which is having a really tough time right now, they've all seen major gains. now while amazon, tesla, crowdstrike, docusign, those are the guys who suffered more than 20% over the past two months, with all of this whipsaw action, i know some of you are asking, do we need to become traders, liz, really rather than investors? let's get right to our floor show traders joining me ryan pay ne and sarge guilfoyle. epic trader working on the floor for so many decades of course time is an investors friend and over the long term stocks are the best thing going but how do you invest in, i was thinking about netflix. if you put money into netflix three months ago you'd be up 35% do we need to actually start becoming traders? because that does not thrill a lot of people. >> well, i do believe that the average retail investor probably needs to start thinking more like a trader. i've actually been writing about this for about a year where i think people have to s

boeing is negative on the year, but on the short term, it's outperforming caterpillar and honeywell.et's talk about one stellar performance, cf industries it's the best performing s&p 500 materials name and on pace for its fifth positive year in six so the big question now is what's going to happen in 2023 some analysts are divided. morgan stanley believes machine and construction offer a good entry point since margins are underperforming the market average. they increased their price target on caterpillar and also on cummings, so these are the two names on your screen right here, and on the flip side, deutsche bank believes industrial names have not cut in recession, so they're avoiding names like illinois' tools works and terrex >> that just highlights again the big dispersion between those who feel like we can hang in there with those stocks and those who think the worst is to come thank you. and thanks everybody for tuning in that does it for the exchange today. ahead on "power lunch," three big names are about tareport next week and we'll get the trade on nike, fedex, and micron

>> honeywell, stay long. >> good stuff. good weekend, everybody. "the exchange" is now. >>> thank you, scott i am brian sullivan in for kelly. here's what's ahead. the november jobs number coming in hot as a result, stocks, they're not. but we are way off session lows. are we back to like good news is bad news or is the market overreacting we'll look at what, if anything, today's report does to the fed i 's tightening plan and what you can do with your money in the meantime here's an idea buy farmland it is becoming or has become a red-hot asset class and inflation hedge. we'll look at what makes it attractive and how you can add it to your portfolio i guess you just buy farmland. and there is the opec plus meeting, the looming eu sanctions, and the just-announced likely 60 price cap on brent crude oil we are at a critical touchpoint for the global energy market we are going to look at the week ahead, how it could all play out in three very different scenarios, about next week and the weeks and months ahead for energy all of that, but we begin with

the moment the dow is up 50 points we've got winners on the board, walmart, merck, united health, honeywell, j j & j, coke, walt disney, amgen, travelers are all up, the s&p 500 well that indicator is down a fraction, one-quarter of 1%, nasdaq composite let's see how that's doing this morning it's down .40 % despite that plunge in the 10-year treasury yield. big tech all down across-the-board every single one of them. amazon, apple, microsoft, meta, and alphabet seeing some red ink right there. keep apple on the screen, please tim cook was with president biden at the taiwan chip plant in arizona yesterday. cook was touting made in america susan has been following this very closely. >> and also that cook confirmed that apple will be the largest buyer of those tsmc chips made in arizona. that's the first time in almost 10 years, a decade, that apple will use u.s.-made chips. they are also accelerating that $430 billion u.s. investment over the next five years. $430 billion. stuart: whose spending that money? >> apple is spending that much money. so they are building a new north carolina campu

the head of the business roundtable honeywell and united and united pacific and raytheon and jamie dimon get a touch point of what is happening in the real economy, this is the morning to get it with so many leaders in businesses >> and greg hayes. >> yeah. >> we need to say his name >> say everybody by name. >>> and let's talk markets with stephanie link from hightower. good morning i don't know if you heard us earlier about the friday about what happened on friday. is the market right? is jay powell right? who is listening to whom >> i thought friday's action was interesting as were you talking about it we rallied after being down a couple hundred points on the dow. it actually ended green. i thought rates going down was interesting as well. i think what it is telling us is maybe powell is wrong at this moment in time because if you look at the data from last week, it was pretty bad, andrew. housing we know has rolled over. jolts was weaker than expected challenger gray data and layoffs was worse than expected. the new tell new orders are in contraction mode and have been out of the la

only amgen is leading the dow higher let's skip past that boeing is outperforming caterpillar and honeywellinvestment strategies for the sector after going through reports. i saw morgan stanley believes machine and construction offer a good entry point since margins are underperforming the market average. they increased their price target on cart pirl to $190. caterpillar trading 11% higher on the one-year. it's also just less than 4% off its 52-week-high morgan stanley increased the price target on cummins to $264. on the opposite side, you have deutsche bank, they believe industrial names have yet to price in a recession, have not cut their names enough illinois tool and terex is their top pick johnson controls back over to you. >> thank you because the market has deteriorated down 391 on the dow. s&p 500 is down 1.3% we're going to continue to follow this market as the volatility continues post three central bank meetings this week. investor questions grow around a soft landing s&p 500 down 1.25% we'll with get jeremy siegel's take on what comes next after the break. he's very opinionate

called honeywell and that forms a key part of the satellite.— key part of the satellite. so far in i key part of the satellite. why is i there a need to go so far in order to achieve the kind of analysis that the mission is hoping to achieve? you hear about boats that map the ocean floor and the structure of the sea bed. what is the benefit of going so far into space to get this kind of detail? the going so far into space to get this kind of detail?— kind of detail? the type of instrument _ kind of detail? the type of instrument we _ kind of detail? the type of instrument we are - kind of detail? the type of instrument we are using i kind of detail? the type of- instrument we are using measures accurately from a long way up so we can measure the height of water in the rivers, lakes and oceans to within a few centimetres and we can do that from about eight or 900 kilometres up in space because of the particular technique. the advantage of going so high as you get wide coverage and you can cover the whole planet within the orbit tracks, so it's a combination of spatial cove

washington with a huge lineup of guests including the head of the business round table, ceos of honeywellirlines, many more plus union pacific, walmart, a huge show. we're looking forward to it. let's take a look at yesterday's s&p 500 winners and losers lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. >>> good morning, everybody. welcome back to "squawk box. we're live from the nasdaq market site. it is friday morning, an important friday because it is jobs friday. and we'll be getting that number in a little bit. ahead of that, you haven't seen much movement with the futures everybody is waiting to see what it says because it will potentially influence the fed. right now