Guy everyone seems to be interested in china for the july numbers where worse, nevertheless we have not seen a significant improvement. The data was worse today. Raised a number of questions, most certainly, will be chinese authorities react and how . Some people had been drawing a line between the week july data and between august. Might they be tempted to do some thing similar . Decide. T let the market talking about Foreign Exchange, a lot of reserve money being spent on stocks. Saw, it does you thefe haven trade euro is higher on the back of this chinese data. It will be interesting to see what happens when the book is handed over to london. Oil has weekend on the back of this, you are getting a risk off theme. That is being represented clearly in your dollars eurodollars. Anna lets see how stocks are moving in hong kong. How is that we trade picture playing out weak trade picture playing out . Y it briefly rose, it has lost momentum, it is waiting for a fifth consecutive day. The
Our road map begins with the markets and that disappointing jobs report. Bill dudley making some downbeat comments on the economy in the First Quarter. Tesla sales set expectations setting a new record a 55 increase, despite the weak rollout in china. And whats missing from samsungs new phone has qualcomm shares moving lower in the premarket. First up this morning, the march jobs report adding concerns about slow economic growth. Payrolls up by 126,000, the fewest since december of 2013. The Unemployment Rate stood at 55 but average Hourly Earnings were up 3 . Oil prices are on the rise. Some analysts believe that iran exports might take several months to ramp up. Oil did tumble about 5 on that news. I think were all kind of stuck looking at the same thing, which is that the numbers kind of confirms what weve been seeing from the industrials, which are weak. I was looking at emersons numbers. Emerson being the quintessential control company. A lot of oil, a lot of dollar. And the numbe
It was ok. Thank you for watching the video of all of our snow. The poor guy in his car. It had a happy ending. That is not on the morning brief. Overnight, stocks are down. That is led by emerging markets. The chinese reported a Service Report that disappointed. Concern there about slowing Economic Growth. Here at 10 00, on the economic front, we have ism and factory orders. We have the jobs report on friday. And janet yellen is set to be confirmed by the u. S. Senate. I know that you love burgers after the bell, we will have sonic earnings. Get started on a busy week. Lets do a data check. Futures are flat. Tenyear year yield, we are where we were three percent. Lets go to the chart. Here is the great bull market. The s p 500 has been correction free. What kind of volatility will we see into the new year . The backdrop of that, chairman yellen will greet us tomorrow morning. That would be the idea of the balance sheet. It is a template over all of this mess. All of economics. We are
The s p 500. In record breaking territory. There it sits at 1740. 86. Now, there is one way to buy this s p very cleanly or there are several actually, but one of the cleanest is the spider. The spy, and there you see that it is up about 22. 22 year to date. Bob, deuces are wild on that one. Show you the many ways you can own the s p 500. You can slice and dice it a lot of ways. You can own the s p 500 through an Exchange Traded fund three ways, all three of the biggest etf companies essentially offer a way to buy the s p 500 he just told you about the s py. Ishares offers the s p 500 and called the ivb. Virtually the same product. Vanguard enables you to buy the s p 500. Same product. The voo. All low costs like. 05 . Terrific way to get broad exposure to the market. The s p is market cap weighted. Supposed you wanted to do equal weight, all five stocks in the s p 500 equal weighted. The rsp, rydex does one. For the market cap weighted s p 500. Suppose you dont like all this volatilit
Britons. Charles, the 3rd is proclaimed king. His accession to the throne is formally announced and the ceremony held for the 1st time 70 years. And in the german point is like a total fiber, its face off as logic play host to dorman. Its the start of a new era to was recently appointed leipzig coach mca rosa began his tenure for the showdown against his former club. And so coming up in spring, ah, american houses could happy with us. We begin in ukraine where russia says its troops are withdrawing from key areas in the hockey region. The announcement comes off to keep said its army had made sweeping gains there. Rushes Defense Ministry said it soldiers would leave, is young and ballad clear to instead concentrate on fighting in the don bass region. Meanwhile, keith says its troops at the entered brush occupied kapinsky and are approaching the city of visit shuts. And as ukrainian troops advanced, there finding more devastation and new evidence of russian atrocities. Just 3 days ago, t