Articles of impeachment against donald trump. Adoption would set up a senate trial in january. Manus warm welcome to you. Europe. by 2020. Saying 1. 25 you do need a recession for that to happen. The president looking at copper to gold as one of the best indicators in the world for him. The two polemic views on the bond market for 2020. Zero bound by the end of 2021, these are big calls coming from citigroup. The 125itigroup on handle. Thisll talk to fox jan hour. On the other site, in terms of people who are bullish on copper, Goldman Sachs is one of them. No surprise they ca 2. 25 handle. So many calls out there. We will get into the mall. Manus lets look at 10 year yields. Motion sickness apparently in the 10 year Government Bond market. Down they came. The goldcopper ratio refers to, if you look at what goldman is doing, they expect higher next year. Citigroup urging the market to go overweight u. S. Stocks. My question to the market, do you need more rate cuts from the fed to make
Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We will check in on the open in seoul. 7 . Ospi up we have aussie shares moving to the downside with a risk on move this morning. Futures are also gaining ground. It lets check in on currencies this morning. The aussie dollar bumping its timeagain for a sixth moving below 68. 80. And the british pound back up above 132 above 1. 32. More on u. K. Politics now, heres a check of first word news. U. K. Votes later thursday in an election that will defined the relationship with the eu for years to come.
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the Recession Risk has fallen because the yield curve is no longer inverted and the 10year yield on the treasury
Bay valleys and mountains until 9 00 a. M. A frost advisory for the coast and east bay and Santa Clara Valley due to the plummeting cold temperatures. Through the afternoon, the daytime hygienist rally in the low to mid 50s. This afternoon tracking our next storm system with an atmosphere rick river. Well talk about the weekend forecast coming up. Thank you mary. If youre leaded out the door, you plan to go shopping, so far, so good on the freeways especially on 880. A live look here on nimitz freeway. Traffic fairly quiet past the coliseum. Southbound 880 the headlights down into hayward. Into fremont. Things are really quiet on the roadways. All the bay area bridges good. Only 13 between 880 over to 101. You might see busy conditions along 101 at the Shopping Center on el camino. The Golden Gate Bridge looks good. Easy out of marin. Metering lights are off. You should be very light east bay into San Francisco. Im anne makovec following news out of fremont after a group of robbers end
Interview. That is coming up. To our stop story, billionaire Mike Bloomberg is officially jumping into the race. To Charlie Gasparino, who has been on top of the story. That is a lot of money. Now you have mike on a good friend of my friend greg valentino. I have to watch. I cant wait for that. But in any event. This is a huge story on a number of levels. Mike bloomberg is one of the richest men in america. I think fifth richest, could be wrong. 58 billion. Selfmade man. David wow. New york city mayor. He has upended the race at least for journalists. Now the real question Going Forward, does he upend the race, the real race . I think there are two storylines you will see coming out. One is the bigger one. Does he have impact here . Does he have impact beyond beating the hell out of donald trump, right . A lot of these ads will be saying why trump is unfit for office david he has to get the nomination first. Do they work . Do they work where they get him enough votes where he sneaks in