Quorum call the presiding officer the senator from ohio were in a quorum call. The senator will suspend. Without objection. Mr. Brown tomorrow i will do something ive never down. I will vote for a trade agreement, the first time in my career. Im voting for that trade agreement because of the work that my colleague from oregon, senator wyden and i did to fix President Trumps deal and secure new protections for American Workers for the First Time Ever in spite of the president s intransigence, in spite of the president s lining up as he always does with corporate interests because our trade agreement for the First Time Ever, ever put workers at the center of this agreement. Every trade agreement that ive seen in my time in congress, north American Free trade agreement, Central America free trade agreement, the trade agreement with colombia and south korea, one after another, every one of these trade agreements, every one of these trade actions were written fundamentally in secret by corp
Up 4. 5 despite concern for their future. Lets give into the market action. Abigail . Turkey on my mind. Turkish stocks up three days in a row, 7 . This as middle eastern tensions ease. Investors moving into turkish assets. Verall, we have been tracking good turkish etf. Declinesyou can see similar to the risk often the u. S. , but there was never a recovery in 2019. Climbing, climbing, climbing. The turkey etf close to resistance, if above those levels, so this could be an area investors continue to go to for outperformance and catch up potential to the rally in the u. S. And other global markets. Cocacola structural changes are paying off, at least that is the word from credit suisse, which raised the stock to outperform in the price target to 64 a share. It sent cocacola shares soaring today. Itscola seeing growth in historically slow or no growth areas, developed economies and darkling beverages. Credit suisse believes Margin Expansion will prepar propel eas and cash flow. , 481 ao
Looking for continued strength. City did guide up to the higher end of the range for its credit card charge off portfolio. We are coming off extremely low levels that were unsustainable. Wells fargo is down in trading. Is that just because of the legal charges . Allison legal charges is part of it, also no visibility on operating charges. It is not surprising they are not giving any commitments at this stage. It is also not surprising that you would see a lot of charges as a new ceo comes in and tries to put the past behind them. I think the size of the legal charge was surprising to some. The question is is this it . Is there more to come . I was on and off the call so im not sure we have got a number for the losses beyond reserve or any indication on that front. The question is already getting the worst behind us. David often it comes to a reset with the new ceo. Thanks very much. Now we go to Brooke Sutherland on the boeing story. You have a great piece on the new ceo, calhoun. Broo
Giant quite a way to talk to the chairman of the board young what its been a difficult year for this company its in the midst of a bitter trade war between china and the us which is banned all Governmental Agency to use a quick moment on suspicion of espionage and leaders governmental leaders from all around the world are openly discussing their concerns about the trustworthiness of hallway as they are building their 5 g. This is young by chairman of the board of directors of why way thank you so much for being on our program. Or your friends im happy to be here today to talk to you. So who are always in the midst of a bitter trade war between china and the United States of america are you running scared by the end of this year a woman where you all were not concerned. The u. S. Governments decision to. While weight to the entity list has just created a lot of extra work for us that. We have had to redesign some of our products and make sure our supply chain can continue to deliver pro
The new for numbers government and its controversial economic measures. I want to get jones and this is the business live from berlin thanks for joining us i was starting with a quick look at the markets which dont seem impressed by the u. S. Impeachment drama after wall street closed flat to asian markets are trading only slightly lower but after analysts dont see anything surprising in the move also the republican dominated senate is widely expected to vote against removing donald trump from office thats the political upheaval is not expected to change matters of trade or the economy major u. S. Indices are currently trading near record highs spurred by progress towards an initial u. S. China trade deal. And of course markets in europe are still closed but our financial correspondent is already feeling the cold for the market pulse for a scum who isnt there what kind of reaction if any can we expect on this side of the atlantic. Well also here in frankfurt the share market is trading