Good Friday morning. Welcome to Swalk in the Street. I'm Carl Kintanilla with Leslie Picker and David Faber here at Post 9 of the New York Stock Exchange. Sarah Eisen is off today. The final full week of the year comes to an end today with most sectors higher. Got some nice bounce in IT up almost 2% watching yields today as well as the Bank of

Japan does hike rates and our own yields are a little warm even after Thursday's soft CPI.

I had this hour Apollo's Torsten Slok will join us here at Post 9. We'll get his take on

weather to trust that surprise inflation data this week. We'll watch Nike.

Got an analyst who says, just buy it as the stock is lower on lower profits and concerns in

China. Also, what happens when you allow AI to manage a vending machine in an active newsroom?

We'll talk to the Wall Street Journal's Joanna Stern about that experiment that she says caused chaos and was a complete disaster.

Yeah, they tortured that poor machine.

All right.

First, though, let's get some breaking economic data.

This is just crossing.

Rick Santelli has it for us.

Rick.

Yes, David, indeed.

These are the December final reads on University of Michigan sentiment and the inflation metrics embedded in this report.

So the mid-month read gets tossed.

53.3 was the mid-month read on the headline. It now moves lower to 52.9.

That would be the weakest since it was 51 in November.

And I'd like to point out that if you look at the absolute low it is 50 from

June of 22 we're not far away from the low going back to my database in the 70s now if

we look at current conditions same dynamic 50.7 mid-month becomes 50.4 and 50.4 is a new, all-time low replacing the 50.7.

Also, my database goes back into the 1970s. Look at expectations.

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