Fbn a. M. Starts right now. It doesnt make sense to anybody else. Who cares, youre all i think about. I searched the world and i know now lauren welcome to fbn a. M. Good morning. Happy monday, im lauren simonetti. Cheryl good morning, im cheryl casone. Today we celebrate the legacy of civil rights icon, Martin Luther king, junior. Lauren lets take a look at how your money is moving now. U. S. Stock markets are closed but futures are trading, dow down 20, nasdaq down 9. Cheryl taking a look at stocks in asia, again, the thawing and the reality of the u. S. China trade truce being over at least for phase one, still kind of sinking in for asian investors. The nikkei up a fraction, hang seng is lower, shanghai, kospi, higher. Lauren european markets, Business Leaders and policy makers descending on davos for the World Economic forum. Cheryl top story this morning, promise made, promise kept, President Trump taking a victory lap during a speech to americas farmers after striking two major
Brands at morgan stanley. Plenty of good news stories in the market today. The 10 year yield is at 1. 84 . A couple of dynamics going on here, not least of which Stephen Mnuchin talking about issuing a 20 year bond to help with the deficit. Guy really interesting story. Here in europe, stocks are at record highs. , a couple of reasons for this, one of which is the china data we will talk about in just a moment. Your conversation with phil hogan, the eu trade commissioner, sounding reasonably positive overnight in the conversation you had with him. That has helped sentiment here as well. Really weak retail data out of the u. K. Today, confirming the idea we could see a bank of england rate cut shortly. The pound is trading lower on that. Weve also got key levels being tested and it comes to eurodollar as well. I am told you want to watch out 1. 1080, a really key line in the sand. 1. 1102 right now. Growth helped by industrial output, retail sales, and fixed investments, all beating est
Lunch starts right now welcome to power hundred mp. Indices hitting high caps today. Draw your attention to shares of netfl netflix. The stock jumping nearly 4 . The giant breaking out details on its International Data showing growth in markets like asia pacific, europe, middle east and africa. Thank you very much. Sharing of boeing slightly lower right now after being down 11 of the previous 13 sessions thats a streak. Impact of its shutdown of the 737 max production on the economy, not just on boeing. It will be a big deal. Tyler, it may be hard to imagine. The negative effect could be larger than last years government shutdown. The production is off as much of a half point mar began stanley looks for 0. 8 to grow. The problem is the First Quarter was looking weak now coming closer to 1 instead of the forecast 1. 6. That would make it one of the weakest growth quarters in several years. Growth expected to rebound on production but when is an open question Morgan Stanley writing in a
Jinping. The world sector is leading the charge today while industrials lag. Joining us for the hour today is Barbara Duran from bda Capital Partners what a year its been. Were on a run well see how far the momentum can take us. What do you think . Its interesting. If you look back a year, the market was 14. 5 and now were at an 18 pe i think the market can continue. I think youve had positive feedback on whats happening in china. I think with the fed, easing three times when we expected them to raise, and global easing among Central Banks around the world, youve got great support for next year. And the valuation, if you just exit out the top five stocks, its 16. 5 and with Interest Rates this low, i think we have more to go. Well see what earnings do in the new year and that ultimately may be the tell on where stocks go from here. Lets focus in on the big stories. Bob is at the exchange and bertha is at the nasdaq, which is trying for its length straight day in the green, and less lee
So representative babbin. Yes, sir. Mr. Chairman, thank you very much. Id like to join the others in acknowledging those in attendance here today who lost loved ones in the accidents and our sincerest condolences to you and thank you for being here today. In the interest of time, id like to get right to it. Instead of directing my questions to one of you specifically. Id like to address these to both of you and let you decide who is best fit to answer. I think there is a feeling out there that after the lion air crash in indonesia boeing sat back and did nothing in terms of addressing the causes of the accident and since the second crash in ethiopia, weve heard a lot from boeing and the rest of the industry about how the information gleaned from these tragic accidents helped to ensure that they are not repeated. With that in mind, what did boeing do after the lion air crash to ensure that those circumstances were not repeated and do you have any specific examples of Lessons Learned tha