Of the Richmond Center, i also served as the dean of Columbia Law School from 20042014 which i mention for a very particular reason. I was the dean when professor anu bradford joined our faculty, and its one of my very proud moments is when we persuaded her to do that. So im honored to kick off what i know is going to be a fascinating discussion about the influence of europe on the global marketplace. Last year the wall street journal called the decline of europe as a force in World Affairs the most consequential shift of the last hundred years. And there is some truth in that. Since world war ii the military influence of europe has certainly declined, and its also true that europes Economic Growth has not compared favorably with that of the United States or, for example, with china or india. And, of course, efforts to maintain an Economic Union within europe have been more complicated lately with brexit, as we all know. But still i think professor bradford sees things a little bit dif
Lauren s and why you may soon say goodbye to your bingewatching days. Oh, no. It is tuesday, october 29th and fbn a. M. Starts right now. The city never sleeps tonight. Its time to begin, isnt it. I get a little bit sick of the day. Ill admit im just the same as i was. Now, dont you understand. Lauren welcome to fbn a. M. Good morning to you at home. Thanks for joining us. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets take a look at you how your money is moving. Futures are down a bit right now in the premarket. The s p at a record high at the close yesterday. Nasdaq just 4 points away and the nasdaq is up 7 this morning. Cheryl investors in asia reacting to the s p record, as well as positive comments on trade from the be president. As you can see, the nikkei can did gain some ground. At the end of the session for the hang seng, the kospi, they all ended up in the red. Lauren a lot of red on the screen in europe as well. Boris johnson going to try to push thr
News 24 7, channel 115, we are taking away time from maria bartiromo. Maria happy tuesday, thanks for joining us, im maria bartiromo, tuesday october 29, later this morning General Motors, investors are looking for the impact of the strike that just came to an end. We will have all the numbers and funnel analysis, google parent alphabet under pressure, profits were down, stock was lower by 1 and a half percent. Following yesterdays record run for s p 500, futures pulling back. Dow industrials down 55 points and nasdaq exactly where it closed yesterday. Fires are raging in california, strong winds fueling the flames in los angeles, bay area causing evacuations and massive amounts of damage, we will take you live this morning. 737 max crisis continues, boeing ceo this morning on the hot seat, he will have to answer questions about his testimony in capitol hill, thats taking place in the oneYear Anniversary of the deadly lion air crash, mornings with maria begins right now. Maria good mor
Etf instead. We drill down into homes. Love them or hate them, etfs are here to stay. Flows into etfs signal a broader shift. Eric is here to talk about what he sees. Eric we have been talking about the great summer we have been having. You can forget that. They saw 25 billion in the past week. That is a monster amount. We have seen a couple of bad days. A lot of the money that came in, we said it was trading crowd money. That is very fickle money. 13 billion out of spite. And that will be the second workweek that holds up on record. A lot of this liquid stuff. This is retail. A lot of it is the etfs an institution would use in place of futures. Lets see if anything is doing well. Two things stick out. You have some of the retail money hanging tough. Ivv and vu taking in money. It takes a lot to spook them. You have a little bit of hedging. Usmp, a huge year. Gold has been slowly building up a mass of flows. Lets look at gold with summer. You can see how much money has been coming into
Minutes, it was a steady descent. Volume pretty low and i would expect that would be the case tomorrow before the fed decision on wednesday. Lets dive deeper into the action with our market reporters. Abigail im watching the s p 500. Lets check out a range chart. The first one back in january of 2018 after President Trump slap tariffs on solar panels and washing machines. Trade is a concern. As the fed was tightening and the economy was doing ok, the new concerns about trade, a huge whipsaw down. Not so long ago, there was a pattern in their that tells you investors that bought will down at the bottom were looking to take profits. They are letting it ride a istle bit it is suggested it move it is morphing into an ultimate bayer pattern. Name of thes the game but it looks like the near term to mediumterm could just be bullish for stocks. Emma i was taking a look at the Great British pound, dropping furry fourth consecutive day and hitting a six month low. Over at unicredit saying the cl