June the answer is no. Zero new orders for the 737 max in june. So thats three straight months, june, may, april, with zero new orders for the 737 max and in terms of that max backlog, it actually dropped by three, as a customer converted three max orders theyll now be made at 787s. So they are not taking those as maxes, 787s. Total for the commercial Airplane Division at boeing, nine nets orders commercial airplanes for the month of june. So theres the information and you see shares of boeing ticking lower. Not a surprise, guise. We talked with Dennis Muilenburg at the Paris Air Show and he said, look, we havent gotten any firm orders, and yet there was the iag news about a commitment to buy up to 200 737 maxes, but that was not a firm number and thats why its not in these june numbers. Back to you. Phil, well be watching boeing once again help the dow sag a bit after we started to close this mornings gap phil lebeau. Techstop stocks rebounding from yesterdays losses, up more than 25
1. 5 . L one down the fed being a little bit harder on the credit card side of things. Guy we are waiting for that g20 meeting. We will be keeping in of it we will be keeping an eye on things in turkey, were president erdogan lost that Mayoral Election. Bond proxy stocks continue their incredible round. The dollar is down versus the euro. We hear from powell again tomorrow. Bid, 1406nues to be where we are now trading. Vonnie bitcoin above 11,000 right now, making a comeback it seems. Ins get more on the markets general, including how geopolitics are playing in todays trade. We are joined by ab emerging multiasset portfolio manager. Fedt the change in the tone has certainly supported risk assets more broadly. I think this is probably going to be a more constructive week going forward, but i think after the g20 meeting, it is more likely that people will be reminded we are in a slow growth, high volatility environment, so strategy set emphasize Risk Management and income are more likely
In europe, also eagerly anticipating the jobs report fractional losses across the board with the dax down 0. 2 a check on treasury yields, we have yields, the tenyear specifically, the lowest level since november of 2016 1. 96 on the tenyear. The 30year at 2. 47. The countdown to the employment report is on. Forecasters polled say the u. S. Likely added 165,000 nonfarm jobs in june the Unemployment Rate is expected to hold steady at 3. 6 . If those predictions are right, it wont likely be enough to discourage the fed from cutting Interest Rates later this month. Well have a lot of predictions about all of this. A developing story off the coast of gibraltar British Royal marines interce interceptintercep intercepted a super tanker they believed the super tachktar was heading to a syrian oil rig. Iran has demanded the tankers release. U. S. National security adviser john bolton praised the move calling it excellent news. Wti is down a percent. And samsung saying its Second Quarter profit
I cant see me loving nobody but you meanwhile, gold and bonds are booming. Can these assets continue to rally together i thought it was the loving spoonful. The turtles ding ding, nice job by tim welcome. We love it when youre here. I know its a long day whats the question . Now at 24 times forward earnings continuing to make alltime high s to answer your question, where can you still be we havent said this in a vacuum something is happening in the gold they gold mining stocks are breaking to the up side. Im not even sure its a great question theres a lot of things that should be flashing caution on the there. Three year lows on they. What is a healthy market, is really the question. If you own cocacola, peppist, mcdonalds, starbucks, these are defensive stocking probably going higher, and the valuation probably doesnt even matter. Staples hitsing new highs, bonds going up, bitcoin going up, stocks going up. Whats the message in that its really simple. Now if youre just looking at the
Rate. That meeting, 2day meeting beginning trade, trade in focus, Robert Lighthizer testifying before Senate House Committee today and ways and means tomorrow. Jeff, great to have you. Thank you, glad to be here. Maria thanks for joining us, i remember when you first went public, a lot of conversation of where the growth is coming for and since then the stock is up 1,000 , congratulations. Thank you so much. You bet, last year i move today hong kong for most of the year trying to understand better the market, but in that time we figured out something thats perhaps obvious which is thethe biggest brands in the world want to advertise more in china, largest surge in middle class in china, in fact, over 1 years 10 years they will create middle class. Maria wow. Cocacola, nike, you want to be tapping into a large surge in middle class because they are Global Companies and we help Global Companies . Given the fact that companies that want to get a foothold in china so far can only do it thr