Instant with a tweet the market thought of as transplant china at the u. N. Speech accusing china of states subsidiaries. And unfair trade policies. Not only has jhana declined to adopt promised reforms it has embraced an economic model. Depended on massive market barriers heavy state subsidies currency manipulation product dumping forced Technology Transfers and the theft of intellectual property. And also trade secrets on a grand scale. The market is still on edge as the repo market crisis continues to persist despite the poor 100000000000 dollars already pumped into the system by the fed over the past week this temporary problem this Technical Glitch is not resolving itself as they previously reassure the markets that continued rhetoric from the fed was. Everythings under control and that these are merely short term funding shortfalls that will soon disappear once the tax payment and bill sediments were absorbed well that has all been proven false instead the dollar funding shortage
Been a major topic at the United Nations General Assembly as president has taken aim at among others he joins us from across the pond for an indepth look at the current state of the Global Economy. Theres a studios of some just. What is it about eccentric c. E. O. s that is leaving the Business World on edge investigative journalist ben swan is on deck today to analyze the habits of these corporate characters and what their wises and falls mean for markets some market watchers say the valuation of today show is still rising even as it starts lets go. Market sentiment once again has swung towards optimism as hope for a potential trade deal or at least a partial one between china and the u. S. Lifted. Chinese importers ended up buying 10 boatloads of u. S. Soybeans and granted new waivers to several domestic state and private firms that exempt them from metallic tory tariffs this morning open sharply as momo goes with equities up and say things like gold and. Falling but this was short l
Product dumping forced Technology Transfers and the theft of intellectual property. And also trade secrets on a grand scale. The market is still on edge as the repo market crisis continues to persist despite the 400000000000 dollars already pumped into the system by the fed over the past week this temporary problem this Technical Glitch is not resolving itself as they previously reassure the markets that continued rhetoric from the fed was that everythings under control and that these are merely short term funding shortfalls that will soon disappear once the tax payment and bill sediments were absorbed well that has all been proven false instead the dollar funding shortage is excel or rating as both overnight and term we both were both oversubscribed today there were the total of a 142000000000. 00. Dollars of funding needed on tuesday the highest yet the fed Just Announced its 1st 30000000000. 00 term able operation and that was the 1st in over a decade and in merrily 30 minutes it wa
With support from our Comcast Cable partners this weekend we travel to lansing michigan. Coming up we will talk with authors base year as we first learn how the city was chosen as the state capital and then about 15 minutes the story of arby olds and the auto Company Founded in lansing and later we take a driving tour of the citys downtown. We begin our special feature as we hear about james turner and the founding of lansing. James turner was a pioneer. It wasnt until the state legislature designated this area that he came with these other folks and helped build the capital. He had a slightly more sensible approach, but we didnt do that. Wehad nothing here, there was no transportation. They had so much to build a castle city and that was the very interested and exciting and unique story oflansings beginning. The legislature established the state in about 1836, about a year before it became a state. They designated detroit as the capital but they were fearful that detroit could be easi
December 2008. Brent had its best day since collecting data. You are still looking at wti at 61. 81 and present at 65. 85 in asia, the knnikkei up about 3 points this morning, some early trading in europe, fairly muted there. Ftse slightly higher in france, the cac slightly down, so is the dax. Check out treasury yields, the soyear is now yielding 1. 833 the 30 year a little lower but well above what weve seen in recent months. Lets talk about the corporate story of the morning wework now delaying its ipo. Surprise but says it will still go public by the end of the year the company has been prepared for its investor road show which was supposed to take place today. But made the decision last night to stand down. This reportedly over concerns that there is not enough stock mark et investors. Work reporting they will not go public until at least october at the earliest adam neumann wants to get through the jewish holidays before he considers the next steps. Because that is what is keepin