Heres a look at whats on deck today. I believe production problems at the rim factory may have contributed to these 2 tragic crashes of the. Following 2 down the crashes involving the boeing 737. 00 max a whistleblower has raised the alarm in congress and our National Regulatory attorney miles advisers on hand to break down the developments and well bring you up to speed on the fate of the planes flight but following a spate of controversy peloton stock has taken a little bit of a dip like a 1000000000. 00 worth were going to take a deep dive into the stocks performance and whether the firm can stand up to scrutiny with the pack show today so lets go right in. And we begin with the u. S. China trade talks in the fact that thursday president trouble is meeting with traded visors to figure out next steps why because at this point it looks very unlikely that a phase one deal will be done before december 15th and so the big question becomes will the Trump Administration allow 160000000000.
They have no other alternatives for in terms of managing supply chain manufacturing are moving their production elsewhere outside of china so given that they have absolutely no backup plan they are all lobbying trump and trying with all the actions and everything he is under tremendous pressure to get some sort of resolution done whether its appealing to them or getting something signed or rolling these tears back like china wanted and yet again that the end of the day if we hit the 15th and those tariffs kick in its going to have an enormous impact on the chinese economy but its also have an impact here in the United States on manufacturers here as well so they get with the markets kind of hanging on every word no late word today is that the trial ministration is looking at going ahead moving forward with a delay of some kind right thats what it is looking forward and that has given the markets a little bit of hope a little bit of a breather but the markets dont forget it has aardman
Social commentator mo answer as well have a great night gentlemen thank you. Very much i love a great sense watching at home when the time of day it is day or night really all around the world this is Art International with me kevin owen here in the coming hours for all the reaction coming into the big vote verdict in britain today at r. T. Dot com and our social media hope you enjoy your program so i can tell you the boom bust team are here next right now for stateside studio to talk about among other things the ongoing troubles at boeing the playmaker is coming up. This is the bus broadcasting around the globe uncovering the world of business and finance and the impact on us all ive been sworn and im christiane washington heres a look at whats on deck today. To leave production problems at the rim. Factory may have contributed to these 2 tragic crashes. Falling kid on the crashes involving the boeing 737 max a whistleblower has raised the alarm in congress and our National Regulatory
Negotiations with china. Mixed Economic Data as Consumer Confidence falls, but Housing Market remains mostly steady and disney rallying on two positive notes, which has helped them propel the dow higher. We are on record high watch once again for the major indices. Joining us for the hour, Barbara Duran from bd8 capital partners. Barbara, how do you feel as we sit at these record highs. Can we hold this momentum through the rest of the year i actually think we can normally, ive been very skeptical. I really thought we would just be in a trading range and unlikely to see new highs. But i think weve got one or two new highs left and its not just optimism over the china trade partially being resolved i think its also, unlike last year where people were rushing for the exits, i think this year, theyre rushing to get in, because youve got the performance issue. The market is up so strongly and i would suspect most active managers are underperforming here barbara is with us for the full firs
Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples