Performance in the s p 500 right now. Saying ite and fitch weighed heavily on their quarter, down 13 . A little selling in the treasury market today. We will be talking about all that in just a moment. In europe, one of the bigger stories today, italy. Prime minister conte has accepted the mandate from the president to come up with a government, sending the ftse mib up to the best performance in europe. It is up in europe as well, potentially on china comments. The italy 10 year yield currently firmly below 1 right now,. 96 . The except to the exception nokia is the vonovia. Coming up, it is the end of the gso era in credit. We will speak with Bennett Goodman about his departure from blackstone. China indicating it will not immediately retaliate against the latest round of u. S. Tariffs announced by President Trump last week. Beijing instead, beijing is emphasizing ways to deescalate the trade war. For more, we are joined by john ryding, rdq economist and founder. John, looks like ther
In the United States, are expected them to cut rate another quarter point, dropping the ball on all of this and president declaring not even two weeks ago that hes an enemy, reminder how easy it is to make friends in the city, dow 75 points, lets get the latest first on the trade front on whats going on there and growing talk that at least the talks are back on and so far no one is throwing dagerds. No one is throwing at each other, the jobs are fundamentally strong, 130,000 jobs in august, 3. 3 over the past months, the white house economic adviser say it doesnt really matter that the jobs missed the estimate because the Labor Force Participation edged up. The people on the fringes of this come are coming in and getting jobs, if you peel back some of the numbers, consumer is still spending and thats in construction 14,000 jobs in construction, half in Residential Home construction, people buying homes, consumers are buying, the other half divided among specialty trade construction and
Yesterday thanks to walmart and the good numbers we saw there. S p futures are indicated up by 28 points. The nasdaq up by 96 points again we are on the worst week for the stock market since may well see what happens today with the gains, or if they can hold on to them through the opening and the close later on today. The treasury market was different story. A lot of concern about whats happening with yields. The 30year fell below 2 for the first time in history. This morning its yielding 2. 026 the tenyear fell to the left level in three years this morning that yield is slightly higher, 1. 564 . Tenyear twoyear no longer inverted overnight in asia, we saw some green arrows some gains there the nikkei up barely the hang seng was up a percent the shanghai was up by a third of a percent in europe, londons ftse ohm ed higher after a nearly twohour delay because of a Technical Glitch elsewhere in europe, you can see the green arrows are there across the board the smallest advancer is the f
The American Economy slowing, but not as bad as expected will it affect the feds next move and have stocks already priced in a friendly fed plus a big upgrade on the big banks, buffett making a play too. Is it time to get bullish on the financials the Halftime Report starts right now. It is good to have you with us on this friday. Not as hot a friday as it was last weekend our Investment Committee today, joe, stephanie, zarod, josh brown and ron. I havent this many friends around me in a long, long time. Since high school thats good. Yeah. The s p 500 record highs nasdaq and nasdaq 100 hitting new alltime highs as well with the fang trade front and center. Lets start with amazon versus alphabet who wants to talk alphabet sure. Go. I mean, i own it. It was a very good quarter i think that google sites growing 21 , Constant Currency up from 19 from last quarter shows you last quarter was the aberration you didnt see this massive deceleration that was lasting. Thats good to see a resell r
2 2 2 2 2. The global remittance market is growing in its latest novel admittance report for 2018 the world bank finds that while the Subsaharan Africa trails of the developing nations its still saw an impressive growth of 10 percent we go live to washington to talk to economists at the well back. Also coming up soon bob was fall from a once a prosperous economy has yet to hit rock bottom but how much worse can it get. And when in rome recycle as the romans do the city is testing new ecology values for trains conscious. Welcome to this is africa i want to get jones and berlin good to have you with us wherever you are right now because we all know of course that the age old saying sounds like home is where the hottest but it appears that home is also where the money goes and money sent by Foreign Workers to their home countries as one of the largest contributors to Economic Growth in the developing world now that according to the world banks global remittance report for 2018 part of the