Say we often disagree. This seems to be the way this relationship has gone, but we do get there in the end. The background is the question about taxation france has threatened on the american internet giant and reciprocal tariffs. We are getting used to the question of trade being used by both sides to try to lever the alliance to get the results they want. There a chance trade may be used to in another way . President trump is not defending nato, but he is concerned about the contributions from members and suggesting we might even use trader tariffs to get various members to contribute, particularly germany. David m. many of the countries in the alliance have responded to the threats mr. Trump is making on the question of spending and have upped their budgets. He says he has come round to nato because it seems to be flexible. Germany is still in his sights and he said explicitly that if they do not toe the line and agreed to increase spending, he will look at more tariffs to try to pu
Nasdaq off by 35 we have been thinking the new deal would be by december 15 the huge question is do those new tariffs come into effect the market has been punched in the mouth twice since yet yesterday, futures were up almost a full percent. The first china news yesterday that things werent looking great for december 15. These new comments imply phase one is not nowhere but if people are still thinking december 15, thats hard to believe yesterday, the pull back was the worst day weve seen in months but still talking about a decline. The dow up 4. 2, s p up by 5. 5. Well see today while the move yesterday wasnt too significant, volatility spikes more dramatically that implies that todays move was not unexpected we may see bigger moves in the days ahead we have the sound bite. Getting to the comments from willem marx in london. The president arrived here late last night. Stayed at the u. S. Ambassadors residence. He gave some Public Comments including on china saying he wants to wait unt
Sessions we have all the angles of this market selloff covered for you, though but first, joining us for the hour is aerials investments director of research, Charlie Bobrinskoy here at post 9. Thanks for being here. Thanks for having me. Pulloff pulloff, correction, selloff, pullback, was this over due . Well, no, things changed today. The momentum had been wonderful around trade and people say that people spend too much time worrying about trade. I actually dont think thats true free trade is very important and people say in 1776, the most important thing written was the declaration of independence. It wasnt, it was wealth of nations by adam smith the idea that trade helps us all is something that the markets believe in and when that gets called into question, you get an appropriate big reaction do you think that it is, especially based on the comments we got from President Trump today, do you think that the market is, especially with this pullback that we have seen today, do you thi
2020 the Investment Committee is ready to go. Halftime report starts right now. Welcome good to have you with us our Investment Committee with us today. Jim, the brothers, megan and cnbcs jim cramer. He, the host of mad money. Stocks up for the first time in four days. Trade headlines again the stories, still the worst week for the dow in four months investors getting whip saw ed b the deal no deal drama jim, just call me when a deal and im done okay i cant deal with this day in, day out. Theres a deal, theres no deal. May not wait, may not have one before the election. Were close, were not close i was a judge on the apprentice for many years. There are always two sides i have to tell you, many time, sworn about what happened in the actual room, but we wanted these guys to be pitted against each other. The ratings wouldnt go down if it was just resolve like this. We had to kind of have an eliminati elimination. You got kudlow schwartzm schwartzman, navarro perhaps. So what happens is t
Analysts expecting massive moves from one stock thats already up 90 this year. Halftime report starts right now. We will co. Good to have you with us janice, chief investment and liz young, director of Market Strategy also with us today. Making news jpmorgans chief equity strategist. We want to begin with stocks at a new record were entering a critical week for money, the busiest yet for earnings, including apple, a fed meeting, which could see another can out in Interest Rates. Shannon, on track for record close, financials on pace for 52week high the question is, is this the breakout weve been waiting for . Get out of that range. I think if its going to happen, it definitely could happen following this week you talk about the fed, if they continue to be exportive, as long as they leave the door open even just a little bit, the equity market will take that as a positive we saw strong earnings out of the big tech names last week like microsoft we could continue to see strength out of a