Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
Thats the question facing millennials. One expert says renting is the way to go. Power hundred lunch starts righw the dow up 300 take a look at the sectors hitsihits i hits new highs today all jumping on the day for more on the trump trade tweets that launched the market gains today, lets bring in cay lee from washington. Reporter tyler, President Trump is in a deal making mood first a tweet this morning that said getting very close to a big deal with china. They want it and so do we. Then making these remarks earlier this morning at an event here at the white house. You look at europe, asia and a lot of different places. We wont talk about china because were working a deal with china i wouldnt say up until now theyve loved me reporter theres a meet ing in the oval office at 2 30 p. M the trade principals will be discussing next steps after making this olive branch last year the u. S. Offered to china to cancel the upcoming tariffs on december 15th and to cut earlier tariff rates in ha
Striking distance, stocks are on track for what would be well see, the first loss in four sessions, but really cant get much of anything out of the future moves right now plus, deal or no deal, tmobile sprint battle heads to court. 13 state attorneys general led by, of course, california and new york are seeking to block that merger. And it is an m a monday, we have two big premium deals in biotech, sanofi and merck. Im going to get to that jim does too stock picking so important there in terms of figuring out where those premiums are going to end up stocks overall set to look for a modest open this morning, this after fridays jobs report rally. That resulted in the s p erasing its losses for last week trade once again in focus here, heard jim talking about it on squawk box. The next round of u. S. Tariffs against chinese goods set to go into effect, this sunday so we are now counting down. And new data Shows Chinese exports to the u. S. Fell 23 in november i dont know how much more th
He wants pelosi to cancel the august recess of the he will explain why. All that, so much more on making money. So the economy grew at 2. 1 in the Second Quarter. That was well above official estimates at one point. The question is the driver . The answer is allmighty american consumers, flush with better jobs, higher wages, robust confidence, in fact the president tweeting, q2 up 2. 1 , not bad because we have the heavyweight of the Federal Reserve anchor wrapped around our neck. Almost no inflation. Usa is set to zoom. Lets bring in moodys managing director, chief economist, john lonski, Fox News Contributor liz peek, manpower group, becky frankowitz. What do you make of it . The highlight was gain by real Consumer Spending up 4 1 2 . It probably wont continue. As you stated earlier, not only the u. S. Economy, the World Economy owes a deep sense of gratitude to the american consumer. I dont think well see Consumer Spending contract in a man theyre might bring about the nearness of a
U. S. Is threatening to pull one agreement with turkey to produce f. 35. 00 jets something that benefits Turkish Companies by after 12000000000. 00 with a struggling economy thats hard for unca to ignore while some fear possible u. S. Sanctions on the Turkish Defense industry could cost billions of dollars others believe the u. S. Is triggering the tension to stop turkey from buying the s. 400. 00 Missile System but the common concern is that if theres a crisis with washington it could cause a recession and force the only route to lose its value even further see memphis soul of aljazeera stumble were going to weather a tape here of the saudi arabia faces global outrage after sentencing a teenager to die for attending antigovernment protests plus. We have to trust our own judgment fast advice from astrologers or just a 2nd opinion its all in the stars well explore the cup the deep Cultural Roots of astrology in thailand. Ok the rains are making themselves felt in central and Southern Ch