Verdict, all counts. Ignores what was pretty intriguing morning session on capitol hill, the Second Public impeachment hearing. Slugs shrugs it shoulders keeps buying. What do you think . If they dont beat expectations Interest Rates will fall enough to help the downside risk. Worldwide Economic Data is not all that great. The market is very confident that there is some sort of safety net out there, safety net taking form of lower Interest Rates if needed. Neil all right. So if we have the dow flirting with 28,000. Stuart pointing out through the presidency up 10,000 points, is it a rich market through your eyes . Whoever is the white house occupant, for time being is it rich in your eyes . A rich market, from the perspective i would have difficult time telling somebody to go ahead to move into the market. Neil jump in now . Jump in now. I said that a year ago, even before that, and i have been proven wrong. Tough remember, we have Unemployment Rate at 50year low. How much lower can it
Limits on u. S. Portfolio flows into china by delisting companies here in the u. S. The nasdaq is down by more than a percent. Take a look at the chinese stocks alibaba sitting at session lows down by five and a quarter percent. Eamon has been following this story and joins us reporter my understanding is those reports that cross earlier today got the markets attention are accurate the white house is considering measures that would limit port po folio flows from the United States into the Chinese Companies but and theres a big caveat here. Its a lot of different ideas on the table. Its not clear when a decision would be made or what that decision would look like or what the mechanics of this would be how could this play out in theres one option already out there thats been under discussion thats a proposal for a number of senators. You see them here including senator marco rubio of florida called the equitiable act. What that would do if passed is allow u. S. Regulators to have access
Will not cooperate with an impeachment inquiry. Signaling hetrump is ready for a long political battle. Host hong kong drops its bid for the lse. Murkyexit outlook remains at best. We are nimble. They discussed the british divorce from europe. If im right, the europe will come back and rejoin the European Union. Host jay powell says the fed is planning to expand its Balance Sheet. And an exclusive conversation with Robert Kaplan shedding more light on Monetary Policy. It should be limited, restrained, and modest. Host it is all straight ahead on bloomberg best. Host hello and welcome, i am nejra cehic and this is bloomberg best. Let us start with a day by day look at the top headlines. With the u. S. And china set to talk trade in washington this week, investors were optimistic there would be progress towards a deal. What a bloomberg report threw some cold water on those hopes. Chinese and u. S. Negotiators are preparing to restart long stalled trade talks this week and washington. Chi
It is like a gulf. This is not separated in terms of politics. Actually, ill take this side. Im really not sure you may be closer to me than him this guy is a nut. Im going to need a lifeline. We could put Chris Christie in between us. Lets check on the markets this morning. You know what i didnt look at today, constitutional crisis concerns looking at the stock market, i cant see it there up 115 points on the dow jones the nasdaq up 41 treasury yields up 71. My mind is wandering the predicted volume and money is very small. I checked the odds of impeachment. They are up 60 cents odds that trump does not finish his first term or odds he does finish is 80 . At 4 00, there is a meeting. Maybe it is one of those situations you do it and hes not removed. How do you read that im no expert but saying this is a political decision. Impeachment is a political decision bringing charges is different than a case. They have an election in 2020, they may just want to wait for that i would think so.
There is a little bit of a lift to the market. If you look at the stoxx 600 gaining 0. 3 . Jobs reportg at the and whether that means the fed will have to cut a little bit more support the u. S. Economy. Thats after the energy weak in russia where Annmarie Hordern did a great panel to figure out if opec cuts will stay in. The euro is on the back of a little bit of brexit news. There was a brexit delay or even the possibility of a no deal. Coming up, we speak to the oil minister of the biggest opec producer. Dont miss our exclusive interview with nigerias new petroleum minister. But get straight to bloomberg first word news. Obviously is retiring after fullyear results in february. The upstream chief replaces him. He caps a 40 year career with bp with nine as ceo. Xi jinpingp says should investigate the biden family for remarks the remarks coming after reemphasizing his call to the ukraine president. Was just as bad as in ukraine but offers no evidence. Global news, 24 hours a day on ai