Real threat is it joe biden or Elizabeth Warren or even impeachment, its recession. Carol and 2020 will bring about the great antitrust reawakening. The question is not whether to break up companies but how the laws are enforced. Kailey much more ahead. We begin with joel weber. Start of a new decade, what are the big things we needed to be watching . You hit a couple. Recession is one thing everyone is really aware of. It has huge implications, not only for the presidency, but the economy as a whole. We give a survey of the World Outlook as a whole. 2 growth is what has been a projected but theres always a chance of it being revised downward. It comes down to the u. S. Consumer. In many ways, the Global Economy is on the back of the u. S. Consumer. Carol from the economy to elections. And the u. S. Is not the only place where there will be elections. That is an expected story. We can say elections, thats going to be a choppy sea. Another place that will take up bandwidth is the antitr
The pound is rallying. Tenyear back to 17 now as that threemonth tenyear curve goes positive road map begins with a trade boost, stocks set for a sharp rally at the open as optimism for a skinny trade deal is growing. Oil prices jumping this morning, this after iran says two missiles struck one of its tankers. Gms urging the uaw to engage in around the clock bargaining to reach a deal and potentially end the more than three week long strike. Were going to begin with u. S. china trade talks, lighthizer, mnuchin, greati ingg chinas vice premier the president and the vice premier set to meet this afternoon. Yesterday, the president was upbeat about the talks take a listen. Were doing very well, were having another one tomorrow. Im meeting with the vice premier over at the white house. And i think it is going really well i will say, i think it is going really well. So we had a very, very good negotiation with china theyll be speaking a little bit later, but theyre basically wrapping it up
Limits on u. S. Portfolio flows into china by delisting companies here in the u. S. The nasdaq is down by more than a percent. Take a look at the chinese stocks alibaba sitting at session lows down by five and a quarter percent. Eamon has been following this story and joins us reporter my understanding is those reports that cross earlier today got the markets attention are accurate the white house is considering measures that would limit port po folio flows from the United States into the Chinese Companies but and theres a big caveat here. Its a lot of different ideas on the table. Its not clear when a decision would be made or what that decision would look like or what the mechanics of this would be how could this play out in theres one option already out there thats been under discussion thats a proposal for a number of senators. You see them here including senator marco rubio of florida called the equitiable act. What that would do if passed is allow u. S. Regulators to have access
We are going to bring you todays market moving news from around the world. Joining us from hong kong is yvonne man, from london, emma chandra, from washington, Kevin Cirilli, and Michael Mckee joins us in new york. In hong kong, chief executive carrie lam will hold her first public dialogue in response. To the protests yvonne man is response to in the protests. Yvonne man is outside the venue. What can we expect . About several hundred ,eople are out here, chanting not one less, referring to the five demands protesters have. Could bring some pictures of what it is looking like right now, about 150 people chosen from 20,000 applicants in the public to take part in this dialogue, the first is the public and with the government, a town hall style with the governing in the middle alongside carrie lam. They will be randomly picking people from the audience. They have three minutes to ask a question. We will not hear typical q a. They will ask a couple of questions first, and they government
Contraction. One name thats in focus today is ups we have some big news out of that Company Delivery giant becoming the first u. S. Company to receive nationwide approval for Drone Deliveries give iing the company permissiot fly drones over Populated Areas at nugt out of the line of sight and to use larger unmanned vehicles its a big coup for ups as amazon and others are also seeking the green light for their own drone fleets joining us now is ups chairman and ceo david alabama knee thank you for being here today glad to be here so you just received from the faa part 135 certification this was a process that air carriers must go through its the standard by which regulators are now approving Drone Deliveries tell us a little bit about this and specifically the Drone Airline that your youre now going to build out yes, we are very excited about being the first apt at the last earnings call, i talked about it i us said that was a goal and we have worked very closely with the department of