Does rbc have to say about the sell off and jp morgan is boosting the annual fee for one of its most popular credit cards. Worldwide exchange begins right now. Good morning. Welcome to the show. Stock futures pointing to more gains at the opening bell following yesterdays turn around the s p around record levels as well it did set record interaday highs. Up another 18 points implied today. The dow up by 153 and 60 for the nasdaq looking at the bond market yields are rising off of the lows we saw in the wake of general Qassem Soleimanis killing. 1. 874 twoyear 1. 58 as well going worldwide. After seeing a rebound innizia you can see a lot of green on the screen nikkei in japan up almost 2. 5 nearly 1 gains for the composite index as well. Lets spin that over to what is happening in early european trading. I dont see any red on there up 1 . Same for the ftse in the uk and for the dax in germany oil sinking 5 as tensions cool off for now. Crude oil for u. S. Based benchmark, wti up one qu
Matt no cheating. The Trump Administration removes its designation of china as a currency manipulator ahead of tomorrows expected signing of a phase one trade deal. Proceed with caution. Markshares howard tells bloomberg exclusively, investors should beware of the bull market. The market has been up for 11 years. We are in the longest bull market and expansion in history. Profits are not rising though stock markets are. It does not mean the market will go down tomorrow but it does mean that the odds are in my opinion in the investors favor. Matt fit and focused. Can the former maintain its dominance when it comes to fixed income currencies and commodities . We are just an hour were away from the start of cash equity trading. Let us take a look at future us. Daxave green arrows here on futures and ftse futures and cap futures. We are looking at gains of about. 2 per 0. 25 green arrows in the u. S. Futures picture although they are not quite a strong with the exception in general, they a
Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a trade deal with the eu, according to Boris Johnson. He said he is very, very, very confident. The transition phase is currently scheduled to end on december 31. Iraqi leaders privately want u. S. Troops to stay in the coun
David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i had a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Before we get into blackstone, i would like to talk about a couple of other things. You grew up in a middleclass environment in philadelphia, and now you are one of the wealthiest men in the world and one of the biggest philanthropists in the world. You are an advisor to president s, the last three president s have asked your advice on things. And you are very close to President Trump. When you were growing up in philadelphia, did you ever in your wildest dreams imagine this could happen . Steve no. Dave do you pinch yourself every day when you think about where you have achieved your status in life . Steve frankly, every day is an adventure, and every day is a privilege. David you have come to know President Trump q
Which also implies gdp will not be as bad and the final quarter of the year. David what you project for the Fourth Quarter . That is the critical question. Tracking estimates suggest that growth will fall below 1 . We do not think so. We think growth will be in the vicinity of 1. 7 , which will be just enough to keep the projections at 2. 2 for the year as a whole. David the direction is clearly down. Absolutely. The direction is showing deceleration in the main engine of Economic Activity in Consumer Spending. David thank you so much for being with us. She is senior u. S. Economist with bloomberg economics. Now we go a Kevin Cirilli in washington. How long ago was it Elizabeth Warren was almost being christened . Now she does not seem to be doing so well. Kevin she remains a toptier candidate, Vice President joe biden, Bernie Sanders, and mayor Pete Buttigieg. A new paul has are significantly slipping. You look at joe biden able to maintain his lead against Elizabeth Warren. Bernie sa