Carl Quintanilla (Co-anchor of Squawk on the Street) 00:00.350
busy day for data and we're getting a little bit more right now at a conference board let's get back to rick santelli hey rick
Rick Santelli (On-air Editor) 00:06.430
yes indeed carl december consumer confidence from conference board expected to come in around ninety one is a disappointment comes in at eighty nine point one however last month eighty eight point seven shoots all the way up to ninety two point nine which makes this number at
Rick Santelli (On-air Editor) 00:23.750
eighty nine point one the biggest since the revision of last month and last month 's revision at ninety two point nine will be the best since the month before that october when it was ninety five and change if we look at the present situation it comes in at one sixteen point
Rick Santelli (On-air Editor) 00:40.110
eight this is a huge miss huge miss and in the rearview mirror subtle revision from twenty six point nine to one twenty six point three one sixteen point eight would be the weakest since feb of twenty one feb of twenty one and finally what may lie ahead in the form of
Rick Santelli (On-air Editor) 00:57.950
expectations comes in at seventy point oh that would be equal to the revision now at seventy point seven in the rearview mirror so back to back seventy point seven so both those would be the best since the previous month of october now it doesn't end there we have richmond fed
Rick Santelli (On-air Editor) 01:16.030
manufacturing at minus seven weakest since the previous month of october and on the business side which is the service side minus eleven also the weakest since the previous month of october these numbers aren't good and they continue to show weakness especially in manufacturing
Rick Santelli (On-air Editor) 01:32.670
OK we hit a four twenty yield in tenure yield close above four nineteen would basically be three and a half month high yield close going back to the very first few sessions of september and right now three fifty five three fifty four last is up three on a two year the yield
Rick Santelli (On-air Editor) 01:51.470
curve is flattened about one and a half basis points carl and the gang back to you and merry christmas happy holiday