Fundamentally open source we are going to try to find we are trying to find alternatives to that platform and the support we get from google would prefer to work with google as the 2nd number 2 manufacturer in the world behind Samsung Samsung and while we are major users of the enjoyed platform we think its a Good Platform we think it provides trust were not sure exactly how things are going to work out but weve sold weve shipped over 240000000. 00 smartphones this year about 26 percent over last year so while there may be an impact on our growth in revenues perhaps as much as a 10000000000 dollar reduction in growth were going to make more money and were going to do fine the question of whether the American Companies are going to do fine if they can no longer sell the waterway is another question how were you able to sell that many phones because i think most of the fanfare rightly or wrongly goes to a new apple phone launch or a new Samsung Phone which we didnt hear about the ones bu
Watching closely with moves on tiffany over the weekend, but also what weve had brexit developments, investors still watching whether there will be an extension to void a hard brexit last minute and what that deadline day will be were also closely watching developments around trade and suggestions there has been some progress in phase one of a trade conversation between the u. S. And china. All this as we count down to the fed this week and markets, were talking to our guest host, andrew this morning, maybe there will be disappointment for the rate cuts and might disapaint from market views. An event risk week is now a market tilting into the red at the start of the session lets dive into someof this green and red as we begin the trading day. Towards the bottom of these charts this morning in terms of underperformers that were watching by a sector level versus some of the outperformers at the start, autos at the top, banks at the very bottom of the boards trading down by. 6 asia won th
The main u. S. Indices. Then we got a tweet from the u. S. President basically indicating that he think say trade deal could be possible. Hes going to meet with the vice premier tomorrow. Who knows . Youre getting 0. 8 up on the s p 500. Similar moves on the nasdaq. Even your small caps higher on the day. We talked to Alan Knuckman in the previous hour. He talked about a market that was to go up. We are seeing that kneejerk reaction with regards to any situation improving on china. 1. 35 . 1. 3 5 now your 10 year yield. We are seeing a tick up. Whether that will continue, we will have to wait and see. Dollar weakness for another day. We havent seen too many backtoback days of dollar weakness, but getting it here, down about 0. 2 on the bloomberg spot dollar index. We will talk about that more. Keep an eye on crude. Not just a big read on supply issues, but really on demand and what is going on in the Global Economy, whether that slowdown is to be believed. 0. 24 . Rude wti up about guy
Of that from happening to you. It is thursday, it is august 29th and fbn a. M. Starts right now. Youre still the one. That makes me laugh. Still the one. Thats my better half. Were still having fun. And youre still the one. Youre still the one. That makes me strong. Still the one. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving on the fresh headlines from chinese officials overnight. It has moved markets. As you can see, futures trading last night were down. Now, the dow is up 196 points, s p up 20 and a quarter, nasdaq up 71 andahalf. Lauren global yields this morning are dropping. The german yield at a new record low, minus 0. 71. With the headlines from china, the yield in the u. S. Is up 2 basis points. Cheryl a little more confidence in stocks there. Lauren we just saw that jump up a bit. Cheryl the Trump Administration rolling back obama era rules on the oil and gas industry
Important to conservatives in 2020 and the Republican Partys future agenda. And later the drug policy alliances kassandra joins us to discuss the history of the war on drugs. [video clip] more need more prisons, jails, more courts, more prosecutors. I am requesting altogether 1. 5 billion in drugrelated spending on Law Enforcement. Former president george h. W. Bush on september 5, 1989, what many site as the beginning of the u. S. War on drugs. Good morning, this is washington journal. 30 years later, the fight against drug abuse continues with news yesterday from President Trump of another 2 billion in funding for the Opioid Crisis. The first hour talking about the legacy of the war on drugs. What experience have you had with it . The numbers to call for those in eastern and central time zones, that is 2027488000. The mountain and pacific regions, 2027488001. We also welcome your comments on our facebook page, facebook. Com cspan. And send us a tweet at cspanwj. We will show you mome