and if i want some hormel chili, i want some hormel chili.ure you need to be all things to all people? >> well, we want to make sure we connect with consumers and meet their needs while they're shopping. we continue to have a strong center of the store presence with spam and chili. you'll be able to get it when you want it, joe. but we're also going to continue to have a strong presence in the perimeter of this store. and so when we think about our refrigerated foods portfolio with pepperoni and party trays and our applegate offerings, we just want to make sure that we are where the consumer wants us to be. >> don't give me some tofu pepperoni or something. leave the salt. leave the pepperoni like it is. you've got some other neat things going on. skippy pb bites. i forgot that was your deal. and the innovations -- muscle milk we saw in one of the shots. that's you. and i'm interested -- you know, mexican food -- the worst mexican food is great. so this guacamole salsa. i always mix salsa with my guac. is this is a new innovation? >> it is fo

watch medtronic, campbell soup and hormel foods and then hp and hp enterprise after the closing bell.in political news donald trump turning to you tube late yesterday to update his country on his transition and outline some policy plans for his first 100 days in office including withdrawing from the tpp trade deal. joining us to discuss some of the foreign policy implications of a trump administration is marco. let's kick it off with tpp. i suppose it doesn't come as a surprise because we knew from his campaign rhetoric he wasn't a supporter of tpp but he's confirm it. what are the potential ripple effects for global trade? >> by the u.s. taking a more protectionist approach the ripple effects is many allies particularly those in asia, from their perspective is the fact that it leaves a void, a void that can possibly be filled by china as the leader avenue economic integration order within the far east itself. so there's that geopolitical element to it. it's not just pure trade there's the geopolitics involved. >> u.s. stepping back allows china to really gather up the smaller nations

hormel shares up more than 2.5% at $35.86. >>> keeping with the food theme.pbell soups posted a better than expected profit. sluggish demand caused sales to stall. even so, the results topped estimates and that made investors say, you know, mmm-mmm good, higher to $57.02. >>> barnes and noble said the bitter presidential election caused customers to make fewer purchases and hurt its sales. but the bookstore chain did manage to trim its loss thanks to in part strength to its online business. barnes and noble up to $12.625. >>> and discount shoe retailer, dsw, saw its net income ri, topping expectations. the company cited tighter inventory management. revenue in same-store sales missed estimates, but still dsw raised its outlook for the year and shares rose up nearly 8% to $24.90. >>> volkswagen plans to make an aggressive push into the lucrative u.s. auto market as way tway to increase sales and profits following its rocky year. the automaker will invest heavily in electric vehicles and focus on large suvs. vw has been facing falling sales and an increase in c

how about hormel? >> hormel, last quarter was not perfect, but i do like the sentiment. i would put some on here and then wait. we had that stunning treehouse miss today, ths down 16 points. wow, looks like the ralcorp stock that conagra sold to them, not working. we thought it was for a while. let's go to mike in illinois, please, mike. >> caller: hey, jim, froe >> congratulations. >> caller: thank you. my stock today is gigamon. hold or buy more? >> gigamon's very, very interesting. you know, the stock's up 100%. it is absolutely in the sweet spot of high-network trafficking, like brocade that got the bid yesterday. but we got to let this cool off. there are too many stocks in the high tech group that are falling apart. wait until it cools off. let the rest of them fall down and then get a chance to buy it cheaper. lightning round! [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. anything meant to std needs a stable foundation. a body without proper foot support can mean pain. the dr. scholl's kiosk maps your feet and recommends our custom fi

how about hormel? >> hormel, last quarter was not perfect, but i do like the sentiment. i would put some here and then wait. we had ths down 16 points. wow, looks like the ralcorp. that conagra sold to them, not working. we thought it was for a while. let's go to mike in illinois, please. >> caller: hey, jim, from the home of the world champion cubs. >> congratulations. >> caller: thank you. my stock today is gigamon. hold or buy more. >> it's very, very interesting. you know, the stock's up 100%. it is absolutely in the sweet spot of high network trafficking, like brocade got the big yesterday. but we got to let this cool off. there are too many stocks in the high tech group that are falling apart. wait until it cools off. then get a chance to buy it cheaper. and that, ladies and gentlemen, is the conclusion of the lightning round! [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with

one of the product is a hormel chicken breast strips. >>> a u.k. dad thankful for social media after people all over the world answered his call for help. the father making a desperate plea for a particular blue cup. it's the only cup his son who suffers from autism will drink from. it has been discontinued for quite some time. the dad says his 14-year-old son is so hospitalized for dehydration twice when he did not have that blue tommee tippee cup he has used since was two years old. tommee tippee, the company that manufactured the cup, helping coordinate the social media effort and delivery of the cups to the family. >>> a long time usher for the atlanta braves has a reason to be thankful. walt hear been working for the team since 1965, but next he was afraid he wasn't going to be able to continue working for the team there, the team saying he is so important, they are making an arrangement with the ride share service uber to make sure he can get there for every single game. >> what a great story. >>> a new push tonight to disable phone apps whil

one is a hormel chicken. >>> okay. check out this video behind us. >> video not for black friday i items though. >> exactly. this insane lane is standing in line for pies. >> they waited over an hour to snag thanksgiving buy pis from the flying saucer pie company in houston. >> wow. >> the store closed early just before 6:00 last night after running out of empty handed. how terrible. a reminder if you run into a thanksgiving crisis we do have a full list of numbers. there are hot onlines. they open in 20 minutes. and then everything in advice to cooking with turkey, baking instructions, even dealing with food stains. >> you can find all of them on our website. how cool is that; right if >> that's neat. >> a gravy stain or wine stain. the government wants smart phone makers to log out those apps in hopes of reducing crashes by descrassed drivers of the safety administration also wants automakers to make them easy to pair with smart phones. the new guidelines would allow them to make phone calls and use navigation. they

pilgrim's pride and hormel are down to some degree.ark: oil and gas basic resources best two performing industry groups. pension savers and banks rejoice. this over lining in the global bond selloff. that is next. vonnie: this is bloomberg markets. i'm vonnie quinn in new york. mark: i mark barton. seismic shift, some of the terms used to describe -- long-term holders of bonds for income are; get a good thing. bondto talk us through market, brian chappatta. many parties, companies and so on and so forth. rubbing their hands with glee after this big ramp up. let's start with companies come especially those companies that have got liabilities in their defined plan. this is a huge relief. vonnie: they've really had to shift into other alternative assets to make of the lack of income they were getting from their fixed income investments. according to milliman to my who i interviewed, this is going to reduce future liabilities by $100 billion. half a percentage point increase in interest rates already so that's a huge reprieve. and can star

canned hormel chili and day-glo orange cheese-like substance dropped like a deuce, another roller int feels like you're holding warm crap in a bag. if you closed your eyes and i put this in your hand, you'd be very worried. colostomy pie. yet, it is also delicious. neither the frito nor the frito pie are indigenous to new mexico. they were actually texan. in new mexico you have many wonderful things. i think let texas have this one. i've managed to reach a depth of self-loathing it usually takes a night of drinking to achieve. a frito pie with a night of binge tequila and a strip club. ♪ >> a warm, spreading glow fills my belly as i set out once more in my mighty ford galaxy. yet i am also depressed. frito pie. i smell metaphor. speaking of explosive diarrhea -- did you know that the first ever atomic bomb was exploded in 1945 in the desert of new mexico? sushi bars, galleries, massage studios. crystals? we got 'em. >> i think i need to adjust my vent or something. i just see dark portents in all of this. >> well, there are a lot of dark portents. >> all i've had today is frito pie.

campbell's soup and hormel gaining as the shares of dollar tree also see a big increase. up almost 8.5%. >>> americans are buying more homes in november at the fastest pace in nearly a decade. thanks to low mortgage rates. the national association of realtors says sales of existing homes rose 2%, the strongest pace since 2007. we're going to be right back. more evidence of waste, fraud and abuse when it comes to obamacare, and this is important because it affects every single one of us taxpayers. they're stealing our money. more "intel" next. every day starts better with a healthy smile. start yours with philips sonicare, the no.1 choice of dentists. compared to oral-b 7000, philips sonicare flexcare platinum removes significantly more plaque. this is the sound of sonic technology cleaning deep between teeth. hear the difference? get healthier gums in just 2 weeks vs a manual toothbrush and experience an amazing feel of clean. innovation and you. philips sonicare. save now when you buy philips sonicare. . trish: the department of health is reporting that the state of new

hormel doing well in everything but the specialties. spam had a great quarter.emember when we were looking for a home in the 1950s and my parents had to have a fallout shelter. that turned out to be a luxury like a home theater. but skippy was very strong and j jennie o turkey was good. so it's great to see a reversal in a group that had been hammered. >> you don't think it implies a rotation back into names that were staples? >> i think it's a rotation back into companies like dollar tree and dollar general that had missed the quarter and then people had decided they're done and it turns out they weren't done. go over that dollar tree. dollar tree had been saying as well as dollar general, look out, walmart is back and it's bigger than ever. well, dollar tree is able to do the number even with walmart, so there's a forgiveness trade going on today. okay, we forgot that dollar tree screwed up. yeah, let's give campbell's the benefit of the doubt. and spam is not so bad if you put it on the right kind of crackers. look, you put it on cheese and it doesn't do any

signet, gap and campbell and lowe's and hormel. makeup of some of the winners today are the slow growth staples that were ignored in the days immediately following the election. >> we'll see how long that trend can last. you do have a couple of earnings names. palo alto networks reporting profit 55 cents a share. that was a beat. they also raised current quarter guidance despite the fact it was a slower quarter than its previous quarters. >> let's see what happens in the afternoon session. let's get over to headquarters and the half. ♪ >> our top trade this hour, a new record for stocks as the trump rally shows no signs of slowing down. with us for the hour, today stephanie link, josh brown, john najarian, barbara, senior portfolio manager with bridgewealth partners. all three major averages hitting new milestones. it is the small caps stealing the show. now going for 13 straight days of gains. that's the best run since 1996. josh, it is hard to overstate what's happening with the russell in this 13-day run. oh, by the way, the dow

stuart: hormel is selling two to smithfield foods, part of the deal and up she goes.& noble, oh, dear, sales were down 4% from last year, still the stock goes up 7%. maybe sales were down less than expected, maybe that's it. all right. let's go to the floor of the new york stock exchange. nicole, what is this with signet jewelers? nicole: when we say signet jewelers, maybe kay's, jared's. it wasn't as bad as expected. this came off a terrible august number where the stock stank 13% and they slashed the outlook. now they're trying to be more positive despite tough market conditions, positive for the holidays. so the forecast is upbeat and they made it through that whole scandal that maybe the employees were switching out diamonds for cheaper stones, that didn't come to fruition. right? there was no evidence of a systemic effort in any way for that. so, the big picture here, they did all right and i've got a dow 19,000 happening. i'll show you on the next round. stuart: yeah, i'm a cubic zirconia kind of guy. 10 carats of pure zirconia, check with your insurance. we're

patrol in the men approached them one to talk to them and as soon as the got closer one individual hormelut still no word about the suspect here is a description he is described as a male hispanic and twenties about 6 ft. tall is about hundred and 60 in hundred and 80 lbs. >>mark: hundreds of protesters gathered in the castro district in march stock-market it similar scenes in philadelphia and denver he appointed top white house staff positions of a weekend he selected right and the chief of staff and steve >>: and as his chief strategist and senior counselor is an executive chairman and was ceo in trump's campaign the campus a few days after they made some changes and as presidential transition it is not going to be headed by vice president elect mike pence and also close some of the big gop names like chris christie been arson and rudy guiliani >>james: police officers have been shot and killed execution- style ambush in san counting >>mark: there will be added to three lines of san francisco will have six cars a certified a bill to carry about 200 additional passengers- >>rebecca: over

and i'm watching campbell's and hormel tomorrow.was the hottest trade from 6 to 9 months ago and all of a sudden the consumer statements -- >> canned soup -- >> and spam, tomato soup with grilled cheese, all that in the consumer trade, i would like to see some type of commentary about whether or not they are seeing those patterns change. of course, food deflation has been a big story that helps their cause. i would like to see something out of that earnings report to say something. >> tyson foods had a bad earnings miss. >> and that is why staples is one of the worst performing sectors because of the double-digit decline on the percentage basis on the likes of what is happening with tyson. as we talk about the consumer staple stocks, it will be key to watch whether or not they have any kind of pricing power and whether or not the cost structure is working in their favor. >> and investors are buying them for the yields or if there is something else going on. >> everybody talks about the yields, but we have seen the real estate not do

steve, also campbell's soup and hormel were having a nice session.ing thought as people see these headlines, think about what exposure they have to the market and what to do next? >> i think the professor summed it up. the day after the election i came in and bought spiders as s&p's. i thought it was going to get butte up, i bought uri which was infrastructure -- >> united rentals? >> yes. i think if you want to buy the market, buy an etf. have your place holder there. if the market comes in, you're looking longer term. you buy the market again. if it trades up higher, i'm a big fan of buying on momentum. i bought more spiders today. >> how bullish are you feeling at this point? >> i think to mike's point, i agree with him completely. regulation, you don't do that in one swipe of the pen. tax cuts, i think it is closer to doing that for the highest tax bracket, going from over 40% with the obamacare surcharge, coming down to the top rate of 33%, that's an awful lot of money in potential consumer's pockets. >> all right. steve, thank you for joining u

earnings for a while put for hormel, up by 5%.e box, that company cutting full-year outlook. about a: i want to talk big aggressive reaction into equities with equity markets at all time highs. mark kiesel from california per you know what of the charter like. equities are surging. not a chart and we saw earlier in the year, it was 2 asset classes in tandem. isn't that a view at pimco? it can continue for little while longer. the reason is investors basically were owning a lot of bonds and hedging for deflation. we had already seen prior to trump, inflation risk was picking up with wages and a tighter labor market. under trump, the potential for tax cuts and a potential for big infrastructure program. were so premiums which compressed are starting to reprice with higher inflation risk causing rates to go up and the yield curve to steepen. what is happening if you think about the markets, a big rotation into the reflationary hedges. not is that investors are going into equities, but you are seeing a big outperforms and the bond mar