Others warnings of continued outbreak headwinds plus mobile merger revision, why softbank is cutting its stake in the Overall Company that will be created between sprint and tmobile, and why its so much more likely to happen and shares of deere are up, reporting abunexpected rise in profits, shows an early sign of stabilization for the farm sector coronavirus worries putting stocks on track for a negative week theres a spike in new cases both in and outside of china you got cocacola joining the list of Companies Impacted by the outbreak, saying it expects it will cut quarter earnings by one to two cents a share they coupled that with a 2. 5 div hike and we heard from lulu, daimler and others as the list is getting longer and will get longer from here one of the things people took the cue was from proctor said it was going to hurt us, the stock was up and climbed form the rest of the sector. Why dont we tell the truth . A little too premature, they all presume it will be solved within a
108. The current continues index, 111. 3 in october. Again, versus the reuters consensus of 111. 6. Ifo expected index, 103. 6, a little below the expected forecast of 104. 5. There are no revisions to the september indices. The ifo index is probably the years most important sentiment index, slightly lower than what we might have thought. Not by much, but by a little bit. Joining us in the studio for the first part of the show today, moo moodys analytics. Frank, thanks very much for joining us. Thats the ifo sentiment index. Slightly lower than we might have thought. Yesterday we saw from the pmis, as well, slightly weaker than we might have thought. Is the economy, are things just softening slightly . I dont think so. The German Economy is doing very well. The pmi did slow down a little bit. They came weaker, but they still point to expansion this year. The Unemployment Rate in germany is 6. 9 based on the National Statistics and it grew strongly in the Second Quarter. It is likely to
Quid pro quo outside the phone call, that would be very disturbing. That interview was recorded on tuesday. Guess what happened just two days later . Acting white house chief of staff Nick Mulvaney publicly admitted to a quid pro quo. I wouldnt send them a bunch of money and have them waste it . Did he also mention to me in the past the corruption related to the dnc server . Absolutely. No question about that. But thats it. Thats why we held up the money what you just described the a quid pro quo. It is funding will not flow unless the investigation into the democrats server happened as well. We do that all the time with Foreign Policy. He in a sense tried to walk that back. You just heard him in his own word, i will go straight out to cnns jeremy dimon at the white house. So what is graham saying now . Reporter well, its interesting to hear those comments from senator lindsay graham. Of course, he has been a staunch defender of the president including through this impeachment inquiry.
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