tatelbaum with us now julianna, i was fascinatined by it great interview.ugh what we have seen and what you think will happen next. >> dom, good morning thank you for having me. it was indeed a wide ranging conversation we covered a lot of ground listen for yourself. we have the exclusive interview with jamie dimon chairman and ceo of jpmorgan chase. i asked for his read on the health of the u.s. economy >> what is your read on the u.s. economy based on what you aring seeing at jpmorgan chase >> i think you have two things in mind. currently the u.s. economy is doing well consumers have money fiscal stimulus. they have more than they had before spending 10% more than last year 35% more than pre-covid. balance sheets are in great shape. debts have gone up even in recession, they will be in better shape than 2008 and 2009 you can't talk about the economy without talking about stuff in the future this is serious stuff. this is inflation which is changing the effect of the numbers. it is rates going up more than people expected already and probably more from he

i'm julianna tatelbaum "worldwide exchange" is up next.y do nearly one million businesses choose stamps.com to mail and ship? stamps.com is convenient you get the services of the post office right on your computer stamps.com saves you money with great rates from usps and ups mail letters ship packages anytime anywhere for less a lot less get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and get started today >>> it is 5:00 a.m. at cnbc global headquarters. here is your top "five@5." the bulls trying to hold on after a wild week of trading that saw the dow do something for the first time since late june >>> investors bracing for the second busiest week of earnings season as 152 s&p companies and is dow get set to report you have the likes of apple the, microsoft and boeing >>> in the uk, former prime minister boris johnson takes his hat out of the

i'm joumanna bercetche >> i'm julianna tatelbaum. thank you for watching "street signs. "worldwide exchange" is coming your way next. >>> it is 5:00 a.m. at cnbc global headquarters. here is your top "five@5." under pressure the stocks do something for the first time since november of 2020. >>> opec getting ready to slash output. >>> a developing story in the united kingdom as liz truss' government pulls historic u-turn on the controversial new growth plan. >>> plus, a major european

julianna, stay with us.e sports world, jalen brown and aaron donald both announced last night that they are parting with the sports agency founded by west. donald, three-time offensive player of the year signed with the agency last spring after the rams won the super bowl. he cited the rapperer's, quote, recent comments and displays of hate and anti-semitism in the statement announcing his move. meanwhile, brown's decision came a day after he told "the boston globe" he would remain with the agency. brown writing this, in the past 24 hours, i've been able to reflect better and understand how my previous statements lack clarity in expressing my stance against recent insensitive public remarks and actions. for that i apologize. julianna, these athletes walking away from donda sports and we no note that troubled wide receiver antonio brown staying with donda. but these athletes coming on the heels of several ending their relationships with west. tell us about that. >> that's right, adidas has just become the lat

good morning, julianna. u.s. investors are bracing for key inflation data.ey, jon, good morning. well, u.s. futures are trading higher this morning as investors await the ppi reading for the month of september. this is the producer price index. we're also going to get the latest minutes from the fed's last meeting so two key pieces of information for u.s. investors. this comes at the same time as earnings season gets under way. we've got pepsico results due out today. and then earnings season getting into a full swing this week with bank earnings. what to watch -- impact of inflation on costs and consumer demand, we'll keep an eye on hiring plans and impact and stronger dollar, among other things, jon. >> julianna, you had a significant interview with jpmorgan chase president jamie dimon who said that recession he thinks is likely. we heard from the president yesterday trying to downplay that, saying he doesn't think that's a guarantee. and if it does, it will be light. congrats on the interview. but tell us how are all the respective comments being received

it's a mixed picture, julianna. >> hey, dom. good morning as for asia, it was green across the board. a bit of a catch-up trade especially for hong kong this was the outperformer, this shining star of the asian session. the hang seng index gaining nearly 6%. that was the best trading day in almost seven weeks i say a catch-up trade the hong kong market was closed for a one-day holiday. the investors making up for it we saw a strong demand for energy, i.t., and financial stocks in hong kong. here in europe, a little bit of a different story. we're seeing some profit-taking in europe where it's red across the board for the european equities, but, again, this is after a major rally here european shares are up more than 5% in three days coming into today's session. we're keeping a very close eye on the eu leader as they're preparing for a summit in prague tomorrow and lots of hope and pressure building around more of a response to the energy crisis. just this morning we got news there is political agreement among eu leaders to move

tatelbaum who joins us live from london, julianna, let's start with stock futures, they're down thisseems that the markets aren't out of the woods yet. that's a lot of red. >> it is john, it's a bit of profit taking after the monitor two-day rally on wall street. the dow jones registered its best trading day since may 4th, gained about 2%, s&p 500, 3%. and the three major indices rallied 3.3%. so, yes, we're seeing red signals on the board today but it's after some pretty substantial gains on recent gains. the market bounces primarily on expectations that the federal reserve may not raise interest rates as aggressively as previously anticipated as there are signs that the u.s. economy may already be slowing and perhaps inflation has hit its peak. >> so, on that the number of job openings in the united states plunged by more than 1 million per data -- in august, per data released late yesterday. what does that tell us about the state of the economy? >> well, this is precisely one of those signs that suggests that the economy is beginning to cool. in particular, that the labor market i

tatelbaum has more on all that from the london newsroom julianna, good morning >> seema, good morningtainly is a lot to play for in europe. overall markets are trading lower. the only bright spot is the ftse 100 which is up .20% you are seeing out performance in the oil and gas names in europe otherwise, it is a down beat start to trade investors are making their way through a slew of earnings let's get to it. let's run through the big ones to watch credit suisse as you said unveiled a radical overhaul as well as a 4 billion swiss franc capital increase the swiss lender is launching a rights issue of approximately 32% and it is bringing in a new shareholder, saudi national bank this after it posted a net loss of 4 billion swiss francs in quarter three. speaking with cnbc earlier today. the ceo detailed how the bank will conduct its overhaul. >> number one, kad radical restructuring, significant reduction of costs, number three, the significant reduction of the capital base. with all of those together, we will go where we want to go. s>> credit suisse shares down 1% on the back of the

i'm joumanna bercetche >> i'm julianna talbaum.hese are the headheadlines. >> the new uk chancellor prepares to update markets and lawmakers today with budget u-turns expected >> we need for me to show parliament and the markets that we can make our tax and spending plans add up >> my best questions is inflation will require a stronger response than in august. >>> the most important gathering in the five-year political chal calendar kicks off >> the wheels of history are rolling to china's reunification and rejuvenation of the chinese nation complete reunification can be realized >>> u.s. futures notch higher as weber tells cnbc that inflation must be curbed >> we see inflation disappear in the rearview mirror. that's what the market needs >>> and stalantis ceo says european leaders have been too dogmatic on energy policies. >> we decided of the appropriate investments from the manufacturing standpoint in 2025 to produce 50% of our energy needs within our own sights. >>> well, the new uk chancellor jeremy hunt is expected to give a

julianna tatelbaum is standing by in our london newsroom with more >> good morning. the volatility in uk bond markets continues. the bank of england ramped up as pensions have until friday to rebalance positions. daily purchases came to 4.4 billion pounds bringing total buys since they expanded intervention to include bonds on tuesday to nearly 8 billion pounds, more than the first nine days' worth combined our sister channel sky news asked the chancellor on the fiscal side what would happen on friday when the bank of he can land as gilt buying program ends >> tell me, what happens after friday what happens after friday when the bank of he can land stop buying bonds >> that's it for the governor. i won't comment until that. >> as you can see there, there is a bit of a blame game happening now. the bank of england forced to react to the market fallout from the uk government's fiscal plans. in particular, those unfunded tax cuts >> all right, julianna tatelbaum, i wonder, though, with quasi quartang, similar to janet yellen, this is the political side of the argument w

julianna tatelbaum has more from london >> seema, good morning the twists continue this morning. stoxx 600 is up 5.5% moody's now expects credit suisse to suffer a total loss of $3 billion by the end of the year the analyst says this could bring the capital below the 13% level. credit suisse will buy back 3 billion swiss francs saying it was taken advantage of market conditions shares have slumped amid concerns of the capital position here is the longer term chart here for credit suisse it has come a long way and volatility continues >> this is one of the biggest banks in europe. what is next for credit suisse beyond the buy back? >> credit suisse has been embarking on the strategic review they faced scandal after scandal over the years a number of changes at the top and now the lender has come out and said we're going to give you all the details around the review and what we plan to do with the investment banking unit that update is due on october 27th when the earnings are due out there. has been pressure for them to come out with something sooner, but if you put one date in th

stay tuned we are going to have more on the economic outlook when julianna sits down with jamie dimon join us tomorrow for her interview. that is it for the show today. >> i'm arabile. >> i'm joumanna bercetche. "worldwide exchange" is coming up next. just look around... this digital age we're living in, it's pretty unbelievable. problem is, not everyone's fully living in it. nobody should have to take a class or fill out a medical form on public wifi with a screen the size of your hand. home internet shouldn't be a luxury. everyone should have it. and now a lot more people can. so let's go. the digital age is waiting. >>> it is 5:00 a.m. at cnbc global headquarters. here is your top "five@5." stocks looking to start the week in the red after the friday selloff. investors bracing for a possible one-two punch ahead of the thursday inflation report. >>> the bank of england steps in again to soothe sinking sentiment in the region as the bond buying program gets set to end. >>> china's chip sector hit hard overnight as the industry grapples with geopolitical risk. the name

because of yulia julianna, she invited him to dance.a danced with everyone to raise her self-esteem . why did her husband react exactly? it's a long story because of the sled. vovan then. schools were kicked out. it started with the fact that bystritsky stole sneakers very dear to him, his parents brought him abroad. i do not have it on the list did not arrive. it's a pity, it was always a lot of fun with him, sanya was already reading a lot then. so he figured out, and the thief, and vovan seemed to be the thief after this is why he was kicked out of school, tell me, is the grandson worth each other to think about how all this can turn out. do you think he killed your husband balabim kill? no, of course not, well, why did they both drink, threatened each other, listen, i was next to him all the time. well, you saw how balabin discovered. no, vot a say that you were next to him all the time. with whom exactly? well, from golikov. for example, they felt tension, which candidate is this? seventh grade, listen to our permanent concert, but

is likely to tip in recession in the next six-to-nine months he spoke to our julianna tatelbaum ahead of the tech conference in london about the serious headwinds. >> currently right now the u.s. economy is still doing well. consumershave money. fiscal stimulus. they have more than before they are spending 10% more than last year. balance sheets are in great shape. debt has gone up a little bit. not like pre-covid levels. they will be in better shape companies are in good shape. credit is good markets are still open rocky and stuff like that. you can't talk about the economy without talking about the future this is serious stuff. this is inflation which is changing the effects of the number rates going up more than people expect already and probably more from here. qt which we never had before there is the unknown effect you see in the bond markets around the world and sovereign markets and people selling u.s. treasury debt and the war these are very, very serious things which are likely to push the u.s. and world in recession. europe is already in recession likely to put u.s. in rece

this was said by the representative of the united states of america in the north atlantic alliance, julianna smith, during a speech at the foreign policy forum in berlin. the ambassador once again emphasized that nato continues to provide humanitarian, economic and security support to ukraine, but the alliance will not provide lethal aid to kyiv . smith from her speech nato does not send troops to ukraine, there is not a single nato commander there, there is nothing related to nato assets in ukraine and i do not think that this will change, and as the secretary general of the north atlantic alliance constantly likes to emphasize, we are not a party to this war, but each country that is part of our alliance has the right to decide for itself how to help ukraine. therefore, we thank each country that has decided to help us militarily, humanitarianly and financially. thank you nato does not see any signs that russia may be preparing for a nuclear strike in ukraine , german defense minister christi ne lamberg said about this during the forum in berlin that i have already mentioned according to h

landscape where opposition media is band center said, and as hearty cover so often people like julianna's sandra, or tortured according to the un in london down the road from the stresses the house . the idea with thatcher was working at the time when, what's your receipt from massively high was able to waste argue, read all that money on the dollars. she increased unemployment massively and doubled v a t for the poor margin. we the higher taxes that there's no real comparison that can be made between these are 2 politicians because thatcher, her state was so much bigger than trust. but it should be said that the, the level of stated intervention by the trust government. given that her 1st thing was to talk about a 150000000000, that's more than the coven response to a bailout, a bailout for to fuel company. so the poor didn't have to pay quite as high this winter is that a thatcher, i'd policy to intervene in the market to that level higher than the intervention over coven, which even the liberal government said, we just have to do it. we have to do chinese style so.

i want to see amanda nunes versus julianna pena, ronda rousey.ave become big stars. >> tucker: yeah. famous. >> yeah. it's awesome. what's different from us, these women are as equal as the men. they fight the same amount of rounds in nontitle fights. they fight the same amount of rounds in championship fights. they get paid the same as the men do. they don't fight from a shorter tee. it's absolutely equally for women and men. >> tucker: meritocracy at work. >> will: it's not a ring that i or tucker want to be in. most americans suffered during the covid pandemic. there's one person that did not. tony fauci. according to the nonprofit open the books, the net worth of tony fauci and his wife increased by more than $5 million during the pandemic. a lot of that money came from a foreign nonprofit. this raises a lot of questions about potentially conflicts of interest. in june, tony fauci declined to answer questions, under oath, about those potential conflicts. >> can you tell me that you have not received a royalty from any entity that you ever ove

the whole thing will air tomorrow with julianna on cnbc europe and then again here, but knowing jamie and his previous comments, he's being critical, i believe, of central bank responses. we just talk about a two-year note, and people saying i'm ditching stocks and buying treasuries directly. this is not a conversation i've ever had in 26 years of doing this job. >> it's a conversation for those of us with retail investors have all the time, but you're right, the numbers are a bit difference 4% on the two-year, but there's some reason to ditch an investing plan comes up about every five minutes i think right now, brian, in fairness -- >> all right, david, we're going to get him back, but maybe that represents the uncertainty in the market right now we're in the middle of a great comment and the screen goes dead if we can get him back, we will. >>> otherwise we'll talk about the oil surge coming up. you have might have heard about the opec decision last week, oil trading close to $93 a day your next guest says get ready for a surge in deals in the sector in fact we just had a headline

investors remaining focused on a lot of things, but jamie diming to our colleague julianna tuttlebaum, and jamie dimon things the economy could -- and the overall economy is starting to teeter. >> you see it today in bond markets around the world, and people selling u.s. treasury debt it's the war these are very, very serious things, which i think are likely to push the u.s. and the world -- europe is already in a recession, and likely to put the u.s. in some kind of recession 6, 9 months from now. >> that's a big call from an flussial ceo, and economists tend to agree. a new survey shows they are ramping up the odds of a recession. steve liesman has more do they agree with jamie dimon >> pretty much just as the nationality big economics, upping their chance of recession and downgrading growth for this year first, i said to tell you that fed governor lael brainard also agrees she said she was marking down her economic outlook, and i quote -- i now expect the second-half rebound last quarter limited and real gdp growth will be essentially flat this year. i don't think fed governors gig

for that we go to our julianna tatelbaum in the london newsroom. >> good morning. they managed to shrug off the negative sentiment green across the board the hang seng in hong kong, which has been incredibly volatile, this week, of course, the heavy selling in technology shares earlier in this week showed some resilience up 1% nikkei and japan gaining ground overnight. in terms of european action, we started sideways and the positive momentum built and we've come down a bit iechlts been a choppy session so far the xetra dax up 0.6%. we have a little bit of a performance from the ftse 100, a term of 1% it's a big day for earnings here in europe. let me highlight a few of the big names for you. deutsche bank has posted a third quarter net profit of 1.1 billion euros, its ninth straight quarterly profit. it added it's starting to see the benefit from higher interest rates come through fairly metered reaction in shares as these results came in largely in line with what analysts and investors had been expecting. one name that took investors by surprise, heineken the com

>> -- and olivia, now you know olivia julianna. the onset with me, my sister.h me, for free drinks, thank you very much, i appreciate it. love you all very much. thank you for what you do. more from this fabulous crowd. i'm going to talk to them and the flying saucer up next. ♪ ♪ ♪ try zegerid otc. it contains the leading medicine to treat frequent heartburn, uniquely designed for absorption. get all day, all night relief with zegerid otc. i'd like to thank our sponsor liberty mutual. they customize your car insurance, so you only pay for what you need. contestants ready? go! only pay for what you need. jingle: liberty. liberty. liberty. liberty. ♪♪ here goes nothing. hey greg. um...hello? it's me, your heart! really? yes! recording an ekg in 30 seconds. tada! wow that was fast! good news, pal. i'm not detecting any of the six most common arrhythmias. what next? let's get some fresh air. been cooped up for too long. yeah... ♪♪ get kardia mobile card at kardia.com or amazon. ♪ ♪ woah, surprised to see you here. how's your head? all good man. [vacuum cleaner] adv

bell market zone, mike santoli to break down these crucial moments of the trading day we've got juliannadez on the market we'll kick it off broad. we have seen a selloff dow is down a percent. s&p down 8/10. nasdaq faring better, higher yields, stronger dollar, similar playbook as we all try to figure out, this week was a better week there was a better tone. we strung together a few days of up of gains in the market, and there are some real, i think, views that something in the financial market might break or force the fed to think that it's done a lot and it should just wait to see what comes next. something we heard from the atlanta fed president about the end of the year. does that ring true or is it just back here we go again, fed talks hawkishly, yields go up, stocks go down. >> that idea is in the air, that in fact, the fed is perhaps going to risk some kind of a stress event out there in the market, but i also think you can't get away from the fact that we finished a very weak september and a very weak third quarter on the lows, very oversold, very strong snap back rally monday an

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the big question on investors minds, of course, is where is the bottom yesterday's cnbc europe juliannawith jamie dimon and asked him that exact question here's what he said. >> stock markets, where do you see the trough for the s&p 500 >> oh, i don't know. look, it may have a ways to go it really sxendz on the soft landing, hard landing thing. it's hard to answer. it could be an easy another 20%. i think the next 20% will be much more painful than the first. rates going up another 100 basis points, so a lot more painful than the first 100 because people aren't used to it and, you know, and i think negative rates, when all is said and done, will have been a complete failure >> joining us this morning, goldman sachs chief u.s. equity strategist david kostin is with us at post 9 good to see you, dk. >> nice to see you. >> whether it's dimon, you yourself cutting targets consistently all year long, would you agree that's all part of a trend >> it's been the consequence of higher rates that's the story, higher rates, lower valuation to the market. we haven't seen a degradation, carl, in the