And demonstrations french unions urge more than 5 million workers to take to the streets. And staying relevant the World Bank Says more needs to be invested in education, before Artificial Intelligence axes millions ofjobs. Welcome to World Business report. Im sally bundock, also in the Programme Online retailers in china position themselves to meet the growing demand from the aspirational middle classes. Rico will have the details. But first, a case of de ja vous france is braced for mass strikes and protests today. Unions have called on their 5. 4 million members to take to the streets. So whats got them marching this time . Theyre angry about massive job cuts in the Public Sector 120,000 positions are to be axed over the next five years. Plus the unions are calling for higher wages that they argue have become stagnant and hugely impacted their buying power in the country. Another main Sticking Point is proposed changes to Social Security contributions. President macrons plans would
And james comey on the hill today. The released testimony making waves. Well go live to d. C. Shares of alibaba are surging in the premarket. Well dig in on those numbers and the impact on yahoo. Voters headed to the polls today in london today. Well look at the latest and how the markets are reacting. First up, james comey due to testify at the top of the hour. The stocks did rise yesterday after the release of the former fbi directors prepared testimony in which comey says the president sought his loyalty and urged him to quote lift the cloud surrounding the russia probe, but many suggest theres no smoking gun. Its being called the rorschach test of sorts but the bar to obstruction is high in large part because the republican hold that key. Thank you, thats it. I think that we have to its a political issue. I waffle between comeygeddon and comey those. That was good. I have worked on that all night. Its like like focused on General Mills and kellogg. I have not heard that. Thank you.
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three
Stocks selling off today after two Straight Days of gains. The dow is off the lows of the session, but we can see there it is down by 154 points. So by triple digits with this volatility translating into a good year for active managers. According to funds track, 52 of large cap managers and 73 of value managers are beating their benchmarks in the Second Quarter. Joining us now, bill nichols, head of u. S. Equity trading at cantor fitzgerald. It really hasnt been the greatest environment for active managers until now. Right, robert . Yeah absolutely mandy. I think thats putting it mildly. Right . For the last six years since the bottoming out of the s p in 2009 active management has gotten trounced. I think thats indicative of the environments. Everything across the board was cheap at that point so trying to pick a handful of stocks or 40 or 50 stocks was really a losing proposition. But today when you look at fair valuations across the board, i think now is the time over the next three