Trade breakthrough two weeks ago. Im going to test my theory on my panel of experts, ask them where investors should be positioned now. European Bank President mario draghi went out with a bang, taking shots at Monetary Policy with some european countries. I tell you why jay powell should take notes. Democrats taking up impeachment against President Trump once again as the third democratic debate is set to kick off. Is the strategy shifting to if you cant beat him, impeach him . Well debate that and so much more on making money. Charles i can tell you folks, you can cut the anxiety with a knife. But major market indices, continue to knock on door of alltime highs, in large part hopes of more news on the china trade front. Maybe that is a catalyst to get us over the hump. We popped out of bloomberg about interim deal. Later that was discredited by the white house. President trump says he is delaying increasing tariffs on 250 billion worth of chinese goods. I think the market is predicti
In the meantime, lets go to tina davis on oil. The markets are rebounding. Down a little bit right now. Why . Tina it is keep your hands inside the car days. It has been a roller coaster. Sunday night it has the Biggest Movement we have ever seen in brent since 1988. Today we saw the price plunge more than 7 . That was because of news from reuters that the saudi aramco facilities may be back online and maybe have as much is 70 back online in a matter of a couple days, which is a much more optimistic outlook than we have seen reported elsewhere. All eyes are pointed on the oil minister due to speak round 1 15 new york time. The market is waiting for clarity on how long these repairs will take. David i love keep your hands inside the car. Lets do that, but speculate nonetheless. Could this backfire on whoever is behind this . Could this go from we are more at risk than we thought to we are more resilient than we thought . Saudis are adamant about sit about being seen as a steady supplier
And a big show this morning, joining the conversation this morning, Fox Business Network dagen mcdowell, founder and ceo and columnist for the hill Fox News Contributor liz peek, we have so much to discuss, right to top story this hour and thats democratic debate, 2020 hopefuls taking the stage in texas pressing views on widerange of issues, Hillary Vaughn has more now, shes in houston, hillary. Maria, Vice President joe biden went on offense last night calling out other candidates by name challenging their ideas, really trying to play the voice of reason against progressive policies promoted by candidate Bernie Sanders and senator Elizabeth Warren, biden challenged both of them over the cost of their medicare for all plans, he also sparred with former hud secretary Julian Castro whether or not which person is better fulfilling obamas legacy and also took on senator harris and congressman beto orourke over gun control. My friends, the employers are going to give you back if you negotia
Standoff stands. A busy market rally with stocks jumping on the president s comments saying china wants to get back to the table on trade. Well see where we go. From here, we go to blake burman, with the latest on all the back and forth at the white house. Hi, blake . Reporter we heard from President Trump for a while, he feels china wants to make a deal. They need to make a deal very badly. He reiterated that earlier today. The market swung earlier today when the president said that china called over the weekend and said they wanted to get back to the negotiating table. Heres the issue with that. When chinas foreign minister was asked about these calls that were made. They disputed the notion there were any sort of calls being made. When, at least over the weekend. When the treasury secretary Steve Mnuchin was asked about it earlier today, sitting alongside the president he jumped in said there had been quote communication through intermediaries. President trump was asked about that a
Hopefuls will make it on to that stage. Plus Holding Companies accountable for the Opioid Crisis. The newest move from a pharmaceutical giant to settle. Thousands of lawsuits that claimed it started and helped to fuel what is still a growing epidemic. Dorian strengthening into a hurricane, set to slam into the puerto rico. Latest on the storms path, likely to hit the u. S. Jackie fox Business Team coverageed Edward Lawrence at white house. Phil flynn watching action in oil and gold from cme. First to edward. Reporter you her a first here, within the last 20 minutes or so, u. S. Citizen Immigration Service releasing new rules saying kids born to u. S. Citizens outside the United States are not necessarily u. S. Citizens. It is not an automatic process. Temporary visits to the United States do not establish residency. Now these rules go into effect on october 29th. What has to happen, if you are a u. S. Citizen, have a child abroad after october 29th, you have to apply for that child to