First here is what is brand new at this hour. Wooing the heartland. Democratic 2020 candidates in iowa today, making their pitch to americans including farmers who have been hit very hard by the trade war. Were live in des moines taking the pulse of voters. White house hopeful, new york city mayor, bill de blasio calling for corporations to pay their fair share. Where have i heard that before . Vowing to tax the hell out of the wealthy, what he said during a heated interview with fox newss sean hannity. The highlights you have to see. Outrage on the left, outrage a growing boycott for a fundraiser for President Trump. Outrage on both sides of the oil. Ashley fox Business Team coverage and Edward Lawrence from the white house, phil flynn from the cme and Jackie Deangelis from the New York Stock Exchange. Well begin with the latest from the white house and edward. Reporter china actually rebounded in exports, 3. 3 , growing from june to july. That was good news for the market. The defici
Get you back to flat the question is a recession ahead . Ray dalia was on cnbc this morning with some of his odds. Take a listen. Recessions are always inevitable the only question is when. Do you see one coming yeah, i think that in the next two years, lets say prior to the next election, theres probably a 40 chance of a recession. And i think that youre seeing this around the world. You know, big discussion in the last hour, guys, about what is going into some of these recession models, why some of high yield spreads are not confirming them, whether theyre based around the yield spread or more a lot of companies in tech are starting to catch a cold plant materials which i did cover last night as promised the numbers werent that bad they werent far off of what was expected but their memory business is in this memory slump and people seem to get a bit skittish about that we had cisco talking about how the uncertainty is contributing to their cautious guidance the scary music is startin
Were increasing our Sales Guidance in innovative medicines and santos and our bottom line guidance for the full year. Easyjet shares take off after backing the fullyear outlook and lands a new chief operating officer. And shares in asos sink after issuing their third profit warning in the last eight months all right. Very warm welcome to you all we are right in the middle of european earnings season things are beginning to ramp up. Annette and julianna will have the latest on s. A. P. And novartis first two stocks here in the uk. Asos is one weve been following closely. They have issued the third profit warning in eight months citing operational issues in europe and the u. S at one point asos you can see the stock is down 12. 7 , at one point they were down 20 another stock were looking at is easyjet First Half Results did meet expectations the budget airliner reiterated their fullyear guidance easyjet is up there at 3. 6 . One of the few green spots on the heat map today s. A. P. Says
Bombshell new developments for james comers investigation into the possible Biden Family Syndicate or enterprise if you live in georgia if you prefer. Very real allegations of bribery and money laundering. We have a lot of new details tonight. Any of you ever hear of a guy name Robert El Peters . Anyone know that name . Anybody . Raise your hand. You do . Okay. According to documents we have uncovered from the National Archives and emails retrieved from zero experienced hunter biden laptop, Robert Peters appears to be a pseudonym for your President Joe Biden. When he was using as Vice President to conduct official government business. Biden likely trying to hide these communications from prying eyes or public records request. Now the chairman of the House Oversight and Accountability Committee james comer is now demanding that the National Archives turn over all documents and communications featuring Robert Peters and two other pseudonyms that were used by joe biden. Now comer is espec
Would have sold immediately and you wouldve been entirely wrong. Thats because metas billionaire rival reported two of the best quarters ive ever seen in ages. Bedding like mad on Artificial Intelligence and the cloud and search just like meta but theres enough business for all of them. Throw in some tepid inflation data that helps with the rate cut and the market just roared. The dow gained 155 points. S p jumped 1. 02 and the nasdaq searching 2. 03 . I like that. This was a good set up. May be one of the toughest weeks we have seen in ages. That is because it is loaded with earnings and we have a fed meeting and a report on friday. Im already exhausted next week. Lets take the week. Starting with sunday night. I dont usually do this but Bill Whitaker from 60 minutes interviews jensen long, the ceo of nvidia. Normally we dont care about that but i bet it could have impact on the stock. So many people are invested in nvidia. I say maybe be prepared for a monday bump from 60 minutes. Mo