appreciate your coming on frequently. >> commodities are entertaining these days. >> jeff currie from>>> look at where the major averages stand dow is up 345. gm has opened once again for trade. if you missed the news, cuting 15% of north american salaried workers, unallocating five plants in ohio, detroit, michigan, maryland and others. "squawk on the street"s ck aomt. iba >>> one of wall street's biggest bulls said there's one thing that could make him change his tune on the markets. find out what that is on tradingnation.cnbc.com more "squawk on the street" after this >>> stocks are surging following what was the worst thanksgiving week for the markets since 2007. faang names seeing a rebound after a tough week apple coming off the worst week in a couple of years joining us this morning, altera capital partners head of technical research, market analysis, one of the kings of tech analysis. good to see you. >> thank you for having me. >> so more damage has been done in the past few weeks than people think >> i think the damage started a month and a half, two months ago when we start

alix: jeff curry of goldman sachs research will join us. soybeans were short. it all down. this is bloomberg. ♪ alix: goldman is a commodity. we speak to the man behind the call, jeff currie, global head of commodities research at goldman sachs. president trump says if you have president g cap make a deal -- can't make a deal, were tears could be coming. fed says there is considerable possibility inflation will fall below the 2% target. vice chair printing clarida on deck. -- richard clarida on deck. david: i'm david westin with alix steel. it is all about the fed. da speaking today and jay powell tomorrow. alix: really interesting how they will have to walk back a little what we might see in the minutes. david: we think we will know what is going on in the december meeting, but there is speculation. markets, nothing really moving except for the cable rate. s&p futures up by 12. dow futures up by triple digits. it feels like relief we saw yesterday a far thing in the past. not a lot of movement in asset classes. euro-dollar flat. two-year was ok yesterday. we w

alix: we are talking to jeff currie later on. he says the market is pricing zero exports from iran. that is why the market reacted like it did. market,arket, equity risk on anyway you slice it. s&p futures on the high of the session of 21 points. insane week. the last five days have been challenging if you are a long investor in equity. 4/10 of 1% despite a italian manufacturing shrinking the most in four years. the story of a weaker dollar, part of a potential trade relationship between china and the u.s. 10 year yield up by three basis points. david: first take. we have achieved u.s. economist of bloomberg, we also have lisa. alix: awww. let's talk about the china development. there was a report that president trump asked for a plan on trade with china. something is coming? >> today i spoke to president xi, great guy, great man from china. he is the boss. we spoke and he said, we have to make a fair trade deal. they all want to do it. lots of great things are going to happen over the next short period of time. david: president xi is the boss. >> there is skepticism that president

jeff curry, goldman. >>> when we come back, faber's exclusive with liberty media's greg maffei.illion pressing the firearm industry to accept new principles on gun safety the man spearheading those efforts will be with us to discuss that and more. w u112. (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters

oils: jeff curry said $50 gives you credit problems. let's get to debra mao.he has your business flash. debra: deutsche bank has said to be considering placing senior executives who manage its relationship with regulators. member whot board served as the bank's chief regulatory officer and tom patrick, who runs operations in the americas, are among executives who might leave as the german lender comes under pressure for authorities to prove it is fixing its -- fixing internal controls. bmw is continuing to preach free trade, investing more in its massive u.s. plant as the german carmaker shows off two suv's at the los angeles auto show this week. speaking to bloomberg television, harold kruger says both models will be made in the factory in south carolina. >> our strategy is quite clear. we are producing the product in the main markets. the main market is the u.s. market. the majority of those cars will go to the united states for the united states. we will continue to invest. general motors slumped as president trump warned he may terminate subsidies for its

alix: we are talking to jeff currie later on.

jeff. >>> coming up, a closer look at that close call for steph curry. ha >> and we have jimmy. >>> hey, t tonight. >> and stevie robinson. it's a great show. don't change the channel! >>> happening now is apple's app store a monopoly? that's a question the supreme court will decide. the court heard arguments today whether the 30% commission that apple takes from all app store purchases is lawful. apple is urging the court to throw out the case saying they are merely serving as a marketplace for others to sell their products. back in a moment. changes to my latest storm approaches. plus: a bay area family )s batte with a life insurance company. we help them get a hundred thousand dollars! today in the bay. tomorrow morning. 4:30 to 7. remaining... if you wanna a good deal on this )cyber monday )...you better get >>> you a remaining if you want a good deal on this cyber monday. according to san jose's adobe, americans will spend nearly $8 billion today. this is amazon's fulfillment where they are work i work i work iing overtime. nearly half of consumerin