Good Friday morning. Welcome to another hour.

We're walking the street. I'm Carl Kington-Aid with David Faber here at Post 9 of the New York Stock Exchange, alongside our Sarah Eisen, live from City's TMT Leadership Summit in Pebble Beach today. Some big interviews. Cities, Jane Frazier, IBM's Arvin-Krishna, and a lot more to come over the next couple of hours. Meantime, all-time highs for the Dow and the S&P 5991 we're keeping our eye on a potential

six handle best week of the year for regional banks and oil services some of the movers we're

watching today china announcing a 1.4 trillion dollar stimulus package over five years to tackle local

government debt but the package falls short of some expectations capri holding monster, Monster Beverage, Sweet Green, Blumen Brands, all down on some weak demand. Envidia and Sherwin Williams joined the Dow today. Invidia is the first company ever to hit a market cap of $3.6 trillion. We're getting some UMIS. Let's get consumer sentiment with Rick Santelli. Hey, Rick. Hi, Carl, indeed. Now, these are November preliminary in a couple weeks. We'll get, you know,

different numbers will update them. But what's important here is it's a real mixed bag.

Pay attention. Headline number, much better than expected.

73. It's about two points better and sequentially higher than 70.5.

That's the strongest since April of this year.

Now, if we go to current conditions, it's coming in on the light side.

At 64.4, it's the lightest, well, just since September.

On the expectation side, much stronger.

78.5.

This is about three points higher than expected and sequentially really powerful versus 74.1.

78.5 would be the strongest level going all the way back to July of 21.

Now, the inflation data, and here's some surprises. If we look at the one-year

inflation rate, it moved down. Again, it's been steadily coming down. It's not near 2%, but it's getting

closer to 0.6. It's 1-10th cooler than the windshield, 110th cooler than the rearview mirror. 2.6 would be the lightest level since Dees of 2020, but I do want to let you know that the last

couple of months, even at 2.7, would comp to the same dease of 2020. Now, here's the other direction.

It was one year, went down, five to ten year, went up. 3.1 percent. We're expecting three.

Rearview mirrors three.

3.1, it equals where we were in September to find a higher number.

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