Rishaad just looking at what is going on, you would think asian equities would be expensive relative to the u. S. They beat the s p 500. I want to bring up this chart. If anything, pricetobook ratio, and forward asiatoearnings spreads, stocks looking more attractive compared to u. S. Counterparts. Those spreads have widened to four. Nus there we have it. The rally could have legs. Fascinating its not just a more by you, but getting cheaper. Have not seen the political dysfunction in Washington Play out when it comes to the markets , and some jitters in the asian session. The last time we had a the lastt shutdown, three times, the s p 500 gained. Three, so wen day not just asian equities, but in the u. S. As well. Decisionsnk dominating the agenda, as well as u. S. Gdp. Sophie kamaruddin joining us now. Jitters. E do have asian stocks kicking off the session subdued. Japanese stocks are slipping as the boj policy decision is due tuesday. Lets check the open. We do have the taiex gaining
Brady shes a. Shes a straight shooter. When maggie has something to tell you, shell tell you to your face. And. She had plenty to say to me. Our conversation. Was all about her ripping me to shreds. Eve about what . Brady eve, i did something. I did something pretty heinous to someone i care about, and you deserve to know the truth about it. Chad abby . Gabi no, its me. Chad is everything. Okay . You seem a little bit gabi tense . Edgy . Yeah, yeah, all of the above. Listen, i im stressed out, okay . I have no job, nono company, no reason to get up in the morning, okay . Im going stircrazy, chad. Im bouncing off the walls here. Chad well, then you have you have has said all along is that the two of them in the business they had, they made millions and millions, maybe 75 million in all. And then tried to hide from the federal government to the evade taxes and to avoid their obligations to report under banking laws and to report under the fact they were lobbying for foreign government. N
Much. Thank you. Today, i am honored to welcome my friend, Prime Minister turnbull of australia, and mrs. Turnbull. Thank you very much. It is a great honor. We are looking forward to sending our newly nominated ambassador, admiral harry harris, shortly. He is an outstanding man. You will find out hes a great man. I want to thank the Prime Minister for offering his condolences for the horrible tragedy in parkland, florida. Americans are grateful for the support of our australian friends, and friends they are. As our entire nation grieves the loss of 17 precious lives and all of the horribly injured, the United States and australia are honoring 100 years of mateship, a term you use very beautifully, mr. Prime minister. A century has passed since americans and brave australians fought together in world war i. Our partnership has thrived as a bulwark of freedom, security, and democracy. Last spring, the Prime Minister and i celebrated the 100 year milestone during an extraordinary evening
Inc. Portfolio power lunch starts right now and happy friday your money carving out decent gains in the major indexes the dow trying to end the week higher just like the nasdaq is doing. The nasdaq is now more than 5 for the year melissa highlighted general bills and blue buffalo and if you are investor, go home and give your dog a pet tonight because that stock is soaring. It is up almost 17 . Other interesting stocks today, go daddy hitting a new alltime high on pace for its best day since august of 2016 Red Robin Gourmet Burgers rallying and Planet Fitness strong on the earnings and out look now to michelle. You have to work out after you eat a red robin. Thank you. The dow is up more than 200 points and lets get to the Market Action here on the floor. Bob pisani joins me. We are watching to see what happens for the rest of the day. Because were just off the highs. Look at the s p 500. Every day this week there has been i g a gap up and then we move down and close near the end of th
Im haidi lun. We are an hour away from the open of australias first major markets. Just past 5 00 p. M. Here in new york. Im Ramy Inocencio. Heidi, looking at the markets on friday, you would have thought it would have been another down day with negativity, but look at that. We actually have green on the screen. Were going to get into why exactly. The rsi was headed close to 30, and that does trigger an oversold there. Possibly getting some resistance. Not exactly sure. Hop into the bloomberg terminal. While we are seeing some green on the screen, this the seasonality on the bloomberg best seasonality function on the bloomberg. Seasonality function on the bloomberg. He stx is down we are going to see if we can continue with that read in asia. Rading. Haidi we have a huge data calendar this week, not least indian inflation kicking off today and that fourthquarter number, which is expected to be an eighth straight quarter of gains. Is that going to be overwhelming when it comes to the se