The 30year at 3. 222 and today is jobs friday lets look at expectations forecasters say that the economy probably added 160,000 jobs last month. The Unemployment Rate is seen Holding Steady at 3. 5 the backdrop for this mornings report, stocks at record highs the dow closing within points of 29,000 yesterday, 28,956 apple was a big driver shares of the neck giant up more than 2 and its also adding to the gains this morning its up another 2. 20. Apple last trading at 311. 84. On a trillion and a half. Trillion and a half market cap. It was a broad rally, all 11 sectors of the s p 500 closed higher. Are we taking the under on the jobs i just feel like it would be the under on the jobs. Youve got the weird seasonal things that take place. The number was so blow out last time. It revised higher than months before that, too. It seems like eventually theres a regression or whatever you want to call it to the mean. Im hoping its good. 160,000. 160,000 is a lot. Trade continuing to be a huge s
Lets dive deeper, get a read of stories beneath numbers without reporters. Abigail scarlett, talking about the boy start to the year. The nasdaq up for a fifth week in a row. The top sector for the s p 500 technology up. Pretty incredible, last year having its best year since 2009. That is the degree of eying interest we saw in 2019. It is continuing. He also have Communication Services with some of those Communication Companies along with big internet names and then health care. The top sectors this week up more than 1 . Tech really leading the charge. At this point there may be reason to think that tech could cool off a bit. This is a one year chart. We see that the tech sector clearly going in the right direction. The tech sector in white. That the tech sector has been well above that 200 day moving average, rising. The tech sector is 16 above that 200 day moving average. The most at any point over the last year. A series of lower highs, all of this may suggest that we could see a l
Billions of items shipped, tens of millions of amazon devices sold, so the echo. , for example the echo dot, for example. And busters Holiday Season for amazon. Chad morganlander, Washington Crossing advisors portfolio manager, joins us. How would you characterize 2019 for u. S. Equities . Chad for u. S. Equities, we think it was just a gangbusters year. The reason behind it, though, was not vibrant economic or Global Growth, but rather it was Interest Rates across the curve across the globe that went down, and accommodation from monetary the u. S. And the ecb. Yes, someone like 90 Interest Rate moves. Does that mean we are looking at not as many next year . Chad there has to be a transition period. Capital spending starts to kick higher in the United States and across the globe. Without that, we dont anticipate the expectations for for 2020arnings of 10 and Revenue Growth of 5 to 6 to come to fruition. We think that will have to be. Brought down. Overall, in the short run, we think ma
Lets look at markets. We are not saying much. Coming up, you will hear from this man. Our interview on risks and Financial Markets. And Brian Moynahan on the state of the american consumer. Lets get bloomberg first word news. Frozen pork, pharmaceuticals, some reductions from china, not related to trade discussions, but part of beijings effort to support the claim it is opening its economy. Weekend, aa tense Police Officer pointing his revolver at protesters. U. S. , President Donald Trump asked about ukraine aid before his call with the countrys president. The heavily redacted emails were by the Nonprofit Center for public integrity. They show the administration ordering a hold on aid in our after the phone call. Bush fires burning out of control in new south wales. Died,st nine people have hundreds of buildings have been burned down. The fires of being stoked by record temperatures in the region. Guy the s p is up, bonds are higher, gold is gaining. What about next year . Is joining
I tried to imagine myself in a house that was burning and i was not going to carry on business as usual. I thought the only thing i can do is put my whole body on the line, have regular actions, and include the historically noble thing called civil disobedience. Amy then becoming a dangerous woman, embracing risk to change the world. That is a new book by media legend pat mitchell who was arrested alongside jane fonda and 140 others friday. Mitchell was the first woman president of pbs, cnn productions, and of the paley ceerer foredia. What do i mny dangerous . I dontt mean being feared or fefearfu butut io mean ingg more fearless. I dt mean abing power, but do mean using it, sharing it to empower others. And speang up and showing up for those without voice or representation. Amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im amy goodman. A house judiciary commmmittee lawyer has raised the possibility of additional articles of i