2020 fresh economic stimulus from beijing adding to the optimism but under the surface the russell 2000 seeing its worse day in a month and we got some mixed labor market data here in the u. S. Earlier in the session. We are up 235 points on the dow, near highs on the session for all three major averages joining us paul hickey cofounder of the spoke Investment Group very good afternoon to you happy new year to you. Where do you stan in terms of whether this bullishness is justified. Is it easy to pick bullish or bearish as we stand . When you look where things stand out, you look at the equity pros and cons which we look at on a regular basis, the pros are balanced with the cons. That doesnt suggest you should be taking a cautious view or just a neutral view implies average returns for the market Going Forward. And when we look whats going on in the market now, whats happening now, brett hits new high nasdaq hitting new highs what we follow closer than any other group is semiconductors
Here in new york. Good to be with you. Im annemarie green. We begin with a historic day in america. The house of representatives is set to vote today on whether to impeach President Trump. The house will first debate two articles of impeachment against mr. Trump abusing his power and obstructing congress in a scheme to lure ukraine to interfere in the 2020 election. Mr. Trump could be only the third president to be impeached. Protesters rallied against the president in dozens of cities across the nation last night. [ chants ] some protesters in philadelphia held up lights that spelled out impeachment. In milwaukee, demonstrators had signs reading no one is above the law, and similar scenes played out on the west coast. We have more from capitol hill. How is the president responding to this historic vote today . Reporter well, annemarie, President Trump wrote a sixpage letter to House Speaker nancy pelosi. In it he said that the impeachment is worse than the salem witch trials. He also
Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been banking on some kind of agreement by the yearend. But remember, we still have this deadline of december 15 for when t
But. Hardly anyone knows how nontransparent this market really yes for that one tonne of charcoal requires 5 to 10 tons of wood. This has an enormous impact on the environment. Where the wood comes from theres often terrible human rights abuses and theres poverty theres deforestation theres deserts of occasional vices and. Its completely unacceptable that tropical rain forests are being destroyed just to produce cheeta charcoal should be happening its madness bongs in. Nigeria with 186000000 inhabitants its the most populated country in africa this is where most of the charcoal imported to the e. U. Comes from its a huge business not only in nigeria paraguay in south america is another big global player. According to the un over half the trees cut down worldwide are burnt to produce charcoal with severe effects to the climate. Nigerian merchants praised the high quality of charcoal derived from tropical wood its particularly durable and its embers last much longer but these traders don
Makes their company ceo. Their company so unit. So unique. Silicon valley is listening to your most intimate moments. It is the focus of bloomberg businessweeks indepth piece on how the Smart Speaker praise users vulnerable to the conversations being transcribed. Here with the story including the devices and use of contractors to transcribe those attimate conversations is m in seattle, sarah from San Francisco, and austin from new york. Let me start with you come austin. The management with you, austin. We spoke to dozens of transcribers and contractors in the stories. Everywhere from ireland to india. They really had ethical quandaries with the service, they were eavesdropping on a lot customers toexa improve speech recognition capabilities. Is really fascinating thing the profound disparity you mentioned. A lot of the contractors felt this was ethically dubious. The Silicon Valley folks that we talked to really did not think this was such an issue at all despite years of privacy issu