Maria welcome back. Good wednesday morning. Thanks very much for joining us i hope you are having a good wednesday i am maria bartiromo. It is wednesday, march 13, it is 8 00 a. M. On the east coast, former special counsel robert hur defending his report on President Bidens mishandling of classified at this moments in a house hearing said biden willfully retained documents read out classified notion of government wry dplalt republican lawmakers clashed with his findings. The president i did not share classified information i did not share i guarantee i did not. That is not true is it mr. Hur . That is inconsistent with the findings based on in evidence my report. It is a lie . You exonerated him. I did not exonerate him has, mr. Hur my time. All i have to do when i am caught taking home classified materials is say i am sorry mr. Hur i am getting old my memory is not so great. Congressman. This is doctrine you established in laws now it is frightening. You cannot tell me heure so naive
Be tested here, right . Sure are, right . I mean, weve been overbought in this market really since early february. I think that really we needed the catalyst. I think between the manufacturing numbers we started with and then on top of that oil and then we have gold prices up and then, you know, we have an economy that is strong. And i think the narrative around how many times the fed is going to cut rates or lack of is really going to cause the market to rethink certain sectors and certain securities that were really banking on rates cutting to make them go higher for the rest of the year. I think were at a crossroads. You know, josh, chris ferrone, the title is raising our guard. He says the push in yields right back to the key 4. 5 level is important. The persistence from gold, were inclined to tactically raise our guard particularly given a play sent sentiment backdrop. Do you agree with that . I do. You know, last week last week there had been some really classic indicators that t
And the economy is resilient and balanced. We see that balance in the labor market. Thats why inflation has come down. S shares in Country Garden hu hit a threeweek high after they extend a deal pushing asian equities higher pushing the hang seng leading the charge. And the Italian Deputy Prime Minister saying they could pull out of the initiative as he visits china for a fresh round of talks. The European Countries are working better than us. Italy, we decide if we stay or not stay. Plus, the european economy commissioner telling cnbc he is confident in the europe growth rate despite concerns germany is facing a slowdown. Please dont call this a recession. We can avoid recession. We have in the Second Quarter of the year limited growth, but not recession. Good morning. Welcome to street signs. U. S. Is out for Public Holiday today, but we are monitoring the price action on friday closely. All eyes on the nfp print. Analysts saying something was in it for everybody because the headline
Haidi welcome to daybreak australia. We are counting down to asias major market opens. A mix start ahead for asian stocks. Investors bracing for another busy week of centralbank activity and earnings headlined by nvidia. Also, rescue teams searching for irans president and foreign minister after the helicopter crashes in dense fog with conditions described as extremely difficult. Stephen we will have live reaction and analysis as lai takes his heart haidi tension regardless of how you characterize the relationship. Plenty of politics and Economic Data as well as essential Bank Decisions on tap. This is the picture as we set up here in sydney. We are looking higher. Stocks are set to climb more broadly across the region. U. S. Equities with a french fresh record high. We had some moves by beijing to shore up chinas property market. Some analysts say the housing rescue policy measures are too small to make a meaningful difference. A50 china futures looking pretty optimistic look at how u
Market facing notjust lower occupancy, but also, higher Interest Rates . One of the worlds richest Property Investors looks into his crystal ball. Does he think a recession in america could be just around the corner . Wherever yourejoining me from Around The World, once again, a big hello and a warm welcome to the show. You know, its been one of the biggest changes in working life since the industrial revolution. Just three short years ago, the pandemic cleared offices of workers and cities were emptied out. Companies found that workers could still get their work done from home. Now a new normal, it seems to be emerging big companies, especially those in the highly paid Financial Services sector, are asking workers to come back and are putting their attendance at work into their performance reviews. And most companies that went fully remote during the lockdown are sort of landing on a hybrid model. But a study of more than 9,000 employees Around The World showed workers are still reluc