Confidence ticking lower in november though still largely positive. Joining us for the hour is mark tepper from Strategic Wealth partners mark, welcome. Thanks for having me. Even as i just went through those different points that are driving the action today, weve got records again for the dow and the s p, albeit just barely. Right, yes. I mean, all investors are pretty much still riskon and whats most surprising to me is you have this news coming out of china where china is potentiallily bay lbalking at ae deal, but were at a new alltime high. The market has shifted from one of economic deflation to policy reflation and thats typically good for stocks, right a low inflation, Slower Growth economy is good for stocks over the next six to nine months, now would not be a good time to be underweight equities. You want to be pathetics right now. Is the trade deal priced into this market . I think completely, almost fully priced in right now. I think weve seen quite the runup over the cours
Honestly, its the har decision of my life. And Wounded Warriors getting off the sidelines, fighting for a new life. This is the cbs overnight news. Welcome to the overnight news. Im mark strassmann. President trump heads back to washington today after wrapping up the g7 summit in france. The president was at odds with the worlds other economic powerhouses over global warming, russia and his trade war with china. The president told reporters he had second thoughts abouts 4 tariffs on chinese goods and that left his aides scrambling to say the president really meant his tariffs should have been higher. Ben tracy was with the president in france. We have horrible trade deals, and im straightening them out. The biggest one by far is china. Reporter President Trump seemed to admit hes not entirely sure about his trade war with china. Mr. President , are you having second thoughts on escalating the trade war with china . For sure, why not. Might as well. Might as well. You have second though
All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very sharply on again, this idea that trade talks are back on. The nikkei was up by 2. 1 . Shanghai composite up by 2. 25 europe this morning where early trading is taking place, youre going to see green arrows across the board there as well. Biggest gainer looks like the dx ax up by 1. 25 finally check out u. S. Treasury yields on friday we actually fell below 2 for the tenyear briefly. I think we closed right at 2. 0 . Ten year is yielding 2. 01 . Getting to all the weekend news President Trump returni
Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. An investigation is under way after ten people were killed is in a fiery plane crash outside of dallas, texas. Yesterday a small plane crashed into an airport hangar shortly after takeoff. New video shows thick black smoke rising from a hole in the hangar. The plane was set to fly from addison, texas, to st. Petersburg, florida. Laura podesta is in new york. What do we know so far . It killed everyone onboard. The ntsb officials spoke last night. They say theyre looking for clues in the wreckage, but its still very early in the process. Cellphe dison,as mometeane experience some sort of failure during takeoff. Ofal veered sharply left, crashing into the structure, bursting into flames. It was really sick. You could tell it was burning chemicals or gas or oil. Reporter eight passengers and two crew members were onboard the plane which was bound for st. Petersburg,
Your world in 90 seconds. We know there were two flight crew members and there were eight passengers. We dont have a lot of detail beyond that. A plane crashes after takeoff in texas. Officials say they are looking for clues in the wreckage. This gives kim jongun a lot of legit mass. President trump making history by becoming the first sitting u. S. President to set foot inside north korea. I dont want it simply to be a photo opportunity. Whats going to happen tomorrow and the next day . A powerful explosion rocked the Afghan Capital of kabul as the streets were packed with morning commuters. Protests are escalating in hong kong as the city marks the anniversary of its handover to china. People are here applauding, waving prodemocracy flags. A freak hailstorm struck the mexican city of guadalajara, trapping people nearly six feet deep. Free agency in the nba. The Brooklyn Nets have instantly become awe contender. Ask me about anything other than the knicks right now. How about that . A