The protest continues for a 21st weekend. We are standing by for Election Results in argentina where the president is under pressure. We will be live in buenos aires for the latest. Paul lets take a look at how we are shaping up for the start of a new trading week. Higher. 1 . Pointing we did of course the u. S. Equity markets finishing in positive territory on friday. Earnings season progressing better than expectations. Nikkei futures trading out of chicago, stronger by. 1 and the kospi looking to be in positive territory. No trading in new zealand. New zealand markets are closed for the labor day public holiday. Lets check in on four times. Su firefighters working to contain blazes. Nearly 200,000 people. Homes in and one winery have burned to the ground. Governor gavin newsom has declared a state of emergency with nearly 3 Million People without power on sunday. The result of argentinas election is respect expected. Facing opposition from alberto fernandez. This is on the backdrop
Rates too soon senator we would risk undermining a recovery that is really just taking hold and is really succeeding i think in improving the labor market i dont think were back to attaining yet conditions id associate with maximum employment. Normal labor market conditions. Things have improved notably but were not there yet. Yes also said theres risks in waiting too long to raise rates. They have been at the floor for six years and there is something there for everybody. Journal says yellen puts fed on the path to raise rates. So does the financial times. She did a very good job of walking a fine line. Warning that the change is coming telling people to still be patient and markets looked at it and took off which was an amazing performance by her. We took a lot of it. I was watching it. I understand the problem with millennials trying to watch that. I looked around and found cspan. Nothing was happening. It was a camera showing the room. It was about the same in fact. Its hard. This
Join our conversation for the next half hour by using the aj real money. We actually hit the debt ceiling months ago. If it isnt raised by congress the treasury wont have money to. It will very likely trig arrest recession. A recession. And many of you sense the danger that your dysfunctional government poses. Your confidence has plummeted since the shutdown began to its lowest level since 2011. Uncertainty or not this has been a remarkable year. The mark is down 3. 5 from its alltime hit, thats a lot of money to lose for no other ran than intransient congress. Congress has not done damage yet but that could change fast. And you may be wondering if now is the time to cash in your gains. Most would say no. Most professional investors dont have the time to get out and back in to make money. But Congress Needs to take this seriously. The consequences not of not ending this is too dire. The carnival did not stop twitter from taking a big step to selling stock to the public for the first ti
This is real money. Youre the most important part of the show. Join our conversation for the next half hour by using the aj real money. We actually hit the debt ceiling months ago. If it isnt raised by congress the treasury wont have money. It will very likely trig arrest recession. A recession. And many of you sense the danger that your dysfunctional government poses. Your confidence has plummeted since the shutdown began to its lowest level since 2011. Uncertainty or not this has been a remarkable year. The mark is down 3. 5 from its alltime hit, thats a lot of money to lose for no other ran than intransient congress. Congress has not done damage yet but that could change fast. And you may be wondering if now is the time to cash in your gains. Most would say no. Most professional investors dont have the time to get out and back in to make money. But Congress Needs to take this seriously. The consequences not of not ending this is too dire. The carnival did not stop twitter from takin
Exchange. Go, guys, unbelievable. I was shocked. A couple months. Feels like a couple months. The story of my life these days, where does my time go these days . Its brilliant. Big day setting up today, janet yellen is on the hill and a ton of retail earnings. The premarket, tenyear yield durables came in ahead of expectations and europe is dragging a bit some say as the war games on the russian Ukraine Border look a little worrisome. The roadmap begins with retail, jcpenneys and best buy in rally mode as earnings top estimates despite flat to slowing sales. Janet yellen is back on capitol hill this time testifying in front of the senate. This is an appearance that was postponed because of a snowstorm a couple of weeks ago, so any chance shes changed her outlook since then . And an electric expansion, tesla says it plans to invest 2 billion in a brandnew battery factory somewhere in the southwest within the next three years. The question is which lucky state will tesla call its new hom