Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh
The nasdaq is the leading indices and oil hitting a threemonth highly after military strikes in the middle east energy is the bestperforming sector today joining us for the hour is josh brown, ceo of Ritholtz Wealth Management josh, obviously seeing a little profit taking here is this a tax situation scenario or is there more to read into about losing steam and sentiment . If you see profit taking on the what penultimate the penultimate is that not an american word as well . It is, we just dont use it as much. And it doesnt sound as good when i say it. It doesnt, sorry when youre seeing profit taking on the second to last day of the year, thats not tax related, but it could be front running what others suspect might be fax related, meaning look at a typical investment portfolio this year, if they own sector etfs, for example, they have a ton of Technology Large cap tech has done unbelievably well this year. Or if they own individual names. If you own apple, youre up almost double. Now
The polls, we will take you live on highstakes election, could decide the fate of britain leaving the european. The war on wealth, new Study Reveals Senators Elizabeth Warren to tax the rich, falls short bringing in a trillion dollars less than what she expected, mornings with maria begins right now. Joining the conversation fox business dagen mcdowell, liz peek and forbes media chairman former republican president ial candidate steve jobs. What a hearing yesterday, testimony of Michael Horowitz in capitol hill, i personally think it was damning and incredible, Inspector General testified in Senate Judiciary committee on offices findings in regards to alleged surveillance abuse during 2016 election, horowitz calling out the fbi highlighting longstanding issues within the fbi, watch. Basic and fundamental errors were made by 3 teams on sensitive fbi investigations after matter had been briefed in the highest level of the fbi, paid central and essential role in order to seek fisa order.
Buying from the site apple amongst some of the top items. Youre also seeing a little bit of strength from some smaller cities, beyond beijing and shanghai, showing a little strength as well a slight indication along with some positive earning reports over the couple of quarters toward strength of the Chinese Consumer thats looking robust, despite concerns about economic slowdown i will point out the figure they posted is a significantly Slower Growth rate than last years singles day, year on year. That perhaps speaks to the fact this is a singles day thats maturing alibaba facing increased competition in china overall, strong singles day showing from alibaba they would be happy with what theyve seen today for now, back to you working late for us thanks for bringing us the latest well stick with baba. Good morning to you. Zack, i will start with you. Record numbers for singles day alibaba shares are down 2 why . Hey, morgan, thanks for having me on i dont know if theyre down because of
Says military cloud contract win. And Restoration Hardware surging at the open, Buffetts Berkshire hathaway revealing a new stake in the furniture retailer stocks are looking to make more history a day after the s p posted its 21st record close of the year futures up on comments from larry kudlow about progress of trade talks in china, upbeat news about the consumer adding to positive sentiment. Retail sale s rebounded in october. 3 but strip out gas, it is a miss. Strip out autos and gas, it is a miss as the threemonth average continues to slow. Jim . Look, i there is just the mixed picture keeps making it so it is bullish. It is amazing. If it were too strong, we would have to say that jay powell has they still play by jay powell there is just enough tease with trade talk i have my view on what is happening now and it is not as sanguine as what people are saying this is about farm, about ag, and it is about this is my understanding, not necessarily about soy. A lot of pork involved b