Of that in about an hour. Apple is sometimes seen as a proxy on consumer spending, entertainment, computer, mass mutual fund reflecting how we all feel and our appetite to buy stuff. Some of this stuff were told could be very, very pricey. Depending how it all lays out, when tim cook makes the announcement, well have a good idea how much americans are willing to fork over if it gets you know, pricey. But again this is not really been a problem for apple in the past, as you have been hearing here. It is the most widelyheld stock on the entire planet. Just amazing. But, all eyes on amy barrett in washington right now, the judiciary committee, taking up her confirmation process to get on the Supreme Court as an associate justice but not without a lot of talking. Not so much on her part, on the questioners part. There are 22 senators, 12 republicans, 10 democrats who have been allocated 30 minutes to ask their questions. That works out to about 11 hours of questions and at the pace theyre
Defer paying their income tax and we expanded tax refunds, very substantially. Thanks to our efforts and incredible resilience much our nations Small Businesses, and i really think we can add the foundation that we built. We built the greatest economy ever built. And that foundation was so strong, instead of coming weekly back, or going in the other direction, because this is coming back and we havent totally succeeded yet. We will soon, but we havent killed all of the virus yet. And yet you look at these numbers. That is based on a very Strong Foundation we built, a Foundation Like no other, a foundation had we not been attacked by this virus, this horrible virus we were doing things and had things planned that nobody else had ever even thought of. Paying off debt, building numbers, the likes of which nobody has seen. And yet next year well be in a position where i believe in a certain respect i think well even be stronger than we would have been because of what were doing but only th
Street journal, first on china, greg, everyone seems to think that if you dont get a deal, if you can push back tariffs, for now that might be just as good as one, what do you think . Certainly we are past the days where every sickle things got worse, things look worse, the markets took it on the chin, we are now in a stage where things arent getting worse, thats okay, nice if we got better, nice of phase 1 deal but honestly just like staying where we are is satisfactory for the markets. I think, neil, the way to think about it on the trade front we reached a new equilibrium, higher uncertainty, more unilateral action but the markets having sort of got use today the new equilibrium and will take it hard if the equilibrium gets worse. Neil lets say we dont get a delay on tariffs, i imagine that would not be well received . People are putting 75 probability that we delay the the december 15th tariff increases that would be my expectation as well, i dont expect things to be terrible. Neil
Market might dry up on them. Semiconductor issues, financial issues, could way on them could expand, global slowdown. Get consumer durables involved in that. Those sensitive to the economy involved in that. All of sudden, before you know it, katybarthedoor. The psychological indicator, the vix, that is flashpoint how people are feeling. That is jumping in excess up 33 earlier. Up 23 right now. Were keeping an eye on that as sentiment, what people are feeling about the market. They are feeling a little nervous. Numbers out of the Services Sector slid to a threeyear low. The reason i mentioned even the Services Sector, it at least is following in this report, a fourth straight month, downward trend, still expanding but at a slower rate. That is happening with the manufacturing sector. Twin sluggishness is weighing on these markets. Typically would pounce on negative news, being good for Interest Rates coming down. That is indeed happening. 10year note 1. 75 . Normally that would be a sal
Ullah, originally from bangladesh were learning more about him during the day. Were not sure about the motive or if he meant to do exactly what he did. We have picture taken moments after the what the authorities describe a lowlevel explosive device detonated during tunnel beneath new york city where commuters walk from line from the very Business Port authority terminal from 8th avenue under times square to 7th avenue. So many people near him when device was detonated, he was injured. Burned on his hand and midsection of his body, what we understand. Three people near him were also injured but the injuries were only minor. The mayor of new york had this to say about this latest attack or attempted attack on this city. Watch. New york will always going to be because were beacons of the world and we actually show society of many faiths and background look. We show democracy at work. And our enemies want to undermined that. Terrorists want to undermined that. So they yearn to attack new