Ideological views, all backgrounds. Events, of course, they are predictable, some of them. It comes all over except, of course, from Donald Trumps white house and his allies. We all knew it was coming. You could have set your watches to it. Donald trump has already started his attacks, calling kamala, quote, nasty. Whining about how shes, quote, mean to his appointees. Its no surprise. Because whining is what donald trump does best, better than any president in american history. Is anyone surprised donald trump has a problem with a strong woman or strong women across the board . We know that more is to come, so lets be clear. If youre a working person worried about whether or not youll have a job to go to, whether or not youll be able to pay your mortgage, pay your rent, worried about the poison in the air you breathe, the water you drink, worried about your civil rights, even your basic right to dignity which is under attack with this administration, Kamala Harris has had your back, a
Conferences canceling the season, and what that could mean for the betting world. I know you are a big ambler. Gambler. Ann if im gambling, im gambling on robinhood. Im not going to give away any of my freebies. I was just looking, as you were talking about the market you mentioned small caps were one of the big up performers. 5 ord small caps are off 6 yeartodate. The s p is up 3 , 4 , 5 . Value is down 12 . It is up 18 yeartodate. These are yesterdays numbers. I have not calculated the numbers today. You are starting to see some of that divergence again, not only in the companies, but in the value and growth rotation we continue to talk about. Romaine lets bring back ann over at wells fargo asset management. When we talk about the market, a lot of people look to the feds support, not only in terms of some of these special policies it hasnt amended because of the pandemic, but also the rate cuts , which has kept the nominal rate low. And that real yield well below zero. About 100 basi
To break trump has yet the stimulus long gem. Softbank backs the virus handed record losses in may at a drop of the value, some may change with earnings later. Lets get a quick check of how the markets are trading. We are seeing u. S. Futures under a little bit of pressure, down 1 10 of 1 . We have President Trumps executive actions on stimulus measures boosting sentiment. That weighed in indices. The s p 500 saw the highest close in sixmonth in the longest winning streak since 2017. Aska futures at the moment japan comes back from mountain day holiday. I mentioned softbank earnings coming back later. The japanese yen Holding Around the weakest in more than two weeks. The bloomberg dollar index unchanged at the moment. This after it touched a oneweek high. Watch out for some data this morning. We are getting south koreas 10 day trade data. We are getting japan numbers, not to mention singapores final gdp numbers. Crude headed towards 42 a barrel after gaining the most in a week after s
Politics is taking over the trend. Im fascinated by the challenges to the leadership and belarus. Francine i am, too. Something the started last week that seems to be growing. We will followup on belarus and russias support to the leader. Lets get first word news with ritika gupta. Ritika nancy pelosi has called the house back from vacation to do with the Postal Service crisis this week. Warned 46 service has states that it may not be able to deliver their ballot on time for the election. Polls indicate joe biden maintains a solid lead over President Trump going into this weeks Democratic Convention. Biden was up nine points in the wall streets journal poll. In japan, the economy shrank in the Second Quarter by the most on record. Gdp declined at an annual rate of 27. 8 . There worlds thirdlargest economy was already hurting when the coronavirus outbreak hit. Japan had already slipped into a recession. In belarus, it was the biggest antigovernment protest yet. Tens of thousands demonst
And german exports mark the biggest increase since 1990. Shares slump after a warning he wont hesitate to add more countries to britains quarantine list. Uber sees revenues fall almost 30 sending shares lower after hours. A warm welcome to street signs. Weve got some macro data. Frances trade balance fell to 7. 96 billion in june down from mays figure comfortably beating expectations in germany, exports are posted their biggest gain rising 14. 9 in june. Strong demand from china spurred a near 9 jump in industrial output chinese exports rose 2 easily beating forecasts. Imports contracted missing estimates of a rise. Officials are reportedly said next week to reach the talks asian markets have traded lower. Main land Chinese Markets taking a hit down 1. 4 amid escalations with washington moving to ban tiktok owner bytedance and we chat owner tencent European Markets have been open about an hour stocks are up 15 basis points. This follows a drop of 0. 7 . Yesterday, the u. S. Session als