Are now on the streets president telling people to stay home or face the phone and in washington d. C. The travel industry should wants 800 50000000000. 00 in emergency spending to boost the economy and to reassure stock markets spooked by a collapse in Economic Activity and this summers european football championship postpone announcing the popular tournament will be held in june of 2021. Im bringing off to our viewers on p. B. S. In the United States and all around the world welcome the European Union has declared a 30 day ban on people trying to enter the e. U. In an effort to stop the spread of the coronavirus thats according to german chancellor Angela Merkel who spoke. Short time ago here in berlin she says that europe is determined to address the crisis and do whats necessary to protect Public Health as well as the continents Economic Health and medical hold a series of video conferences with other european leaders today to discuss the coronavirus pandemic. The theft of us feel
Start. Up 15 since the beginning of the year, and it just got a huge upgrade. Its our call of the day netflix, ibm, intel, and more, a ton of big names report earnings next week. Well get you set up the Investment Committee is ready to go. Halftime report starts right now. All right. Good to have you with us on this friday our Investment Committee, jim lebenthal, josh brown, steve weiss, and shannon shikosha. Lets begin with the markets. The s p set another new record high today all three averages in fact doing so word this morning from appalo a appaloosas david tepper saying at some point the market will get to a level that i will slow down that horse and get off. The fed put money into the system, china tensions eased, and the sign seemed clear to him about where the market wasgoin to go whereas there was a lack of clarity in the months before that because of all the noise around china trade it outperformed in december and january. It is a fair bet tepper has been adding to his indiv
Stocks in asia in a Holding Pattern as markets look ahead to growth and inflation data due this week. U. S. And european futures pointing lower. Congressional leaders meet President Biden as efforts to avoid another Government Shutdown ramp up. Apple shares again as bloomberg reveals the tech giant is ditching efforts to build an electric car, as it pivots towards ai and mixed reality headsets. Lets check on these markets. There is a bit of a Holding Pattern. Bit of a mixed picture. You want the detail on the inflation story of the u. S. On thursday with personal consumption expenditures, the pce, the favored gauge of the fed and then gdp today out of the u. S. We will see if the revisions change the picture with 3. 3 currently on the board for the most recent quarter out of the u. S. Modest gains on wall street yesterday for the s p, ending higher 0. 2 . Still in the green for europe. We will see how that evolves today. Currently european futures pointing lower a little over 0. 1 . If
Anna a very warm welcome is friday morning. This is our flagship morning show in london. Our headlinesn that we will get the jobs report, but the wells fargo chief Economist Says uncle up. It says buckle up. It will be a bumpy ride. A percent growth in the United States. Houston was never fully evacuated. Harvey and irma could knock 100,000 jobs off the report. Spreadrvey shows the between these two. The gap between these two up, heardis says i Jonathan Ferro say the jons. Sts not mine, anna this is when you get the statebystate breakdown on the payrolls, and that will allow economists to strip out what happens in houston, texas and florida. We will get information about the underlying state of the economy then. As we wait for the jobs report, the markets are on the move. The dollar index probably supported again. Hawkish comments from fed officials. All of that leading to the sentiment that the u. S. Economy has more to play after this increase in Interest Rates. We are in the highest
Attack by the president elect. Its tuesday, january 17, 2017. Worldwide exchange begins now. Good morning. Welcome to a very special edition of Worldwide Exchange. Im sara eisen. Im wilfred frost. Were coming live from the World Economic forum in davos, switzerland. This week its the annual gathering of the Global Political leaders, ceos, bankers and decisionmakers. As u. S. President elect trump prepares to take office friday. Among our guests this morning, we have the ceo of Society Generale here. And we have jacob frenkel. We will talk geopolitics with ken rogoff. Ian bremer joins us as well. So many big stories to talk about. A forum of international leaders, ceos and global elite. Starting in just about ten minutes time, president xi jinping, the leader of the biggest communist economy in the world will address a whole load of corporate leaders, likely to back up the argument for free trade. In three days time, the new leader of the biggest capitalist economy in the world will lik