The list and flat screen televisions this will take pressure off retailers ahead of the Christmas Holiday season still other product that will get hit. Only a little pressure. Because in the breakdown that some conducted for the items hit with tariffs on september 1st versus december 15th there are still tens of billions of dollars of foot wear and apparel categories that will be included in september 1st you have Musical Instruments, sporting goods, and a lot of food items that will be hit on september 1st. Musical instruments, is that a big market in the United States chinese made Musical Instruments . I dont know im happy that today youre serious today. It is a big show it is a big show. It is a big show every day thats the part that bothers me sometimes it is not. You say it is. Other times he says i will be honest with you. Im like really . Thats nice. In this one vignette you will be honest youre not always maybe honest but you say its a big show every day. You have backish today
Whether you embrace or reject etfs, they are here to stay. The flows signal Broader Market trends. Lets check in with Eric Balchunas. A snapshot of the flows and the theme is risky assets like the stocks. Eric thank you, scarlet. Im feeling like a broken record. Every week, i am saying people are excited about the fed being accommodative. It felt like about two months. Another week of the same thing. 15 billion into etfs. We have spy, the cuse. You also have ibv and some vanguard funds. Both major player types are buying in. I thought, this seems to have started in the beginning of june when the fed reassured markets. Lets capture june and july. The complexion of the flows is changing and this chart shows it is. June and july, etfs took in 85 billion. That is more than the rest of the year combined. That is a lot of money coming in. U. S. Equity etfs are taking in three times more than they did at the beginning part of the year. More than fixed income. They are now the leaders, which i
This creates enough uncertainty to where even the strong payrolls report that we got today is likely going to secure that cut. We are going to get a 50 basis points one way or the other. Mr. Trump now knows the buttons he has to press to get the outcomes that he wants. Good policy, bad policy, the white house is listening. That is why you are seeing the president be so aggressive right now. To the extent trump continues to push on the trade war and that hurts Economic Growth and creates these downside risk, presumably means that Central Banks will push more in terms of easier Monetary Policy. Jay powell has made clear that he is willing to step into the breach and backstop the president in this trade war. This is an adverse feedback loop that could get very dangerous. Jonathan joining us to discuss is Oksana Aronov, priya misra, and robert tipp. Oksana, that interplay between the Federal Reserve and trade policy from the white house, just talk to us about it. Oksana the fed went from t
Phone as china prepares tariff countermeasures. Investors bank in another quarterpoint reduction. Powell bow to the pressure . The u. S. Says it is disappointed with the u. K. Decision to release an iranian tanker. Penalties could be imposed on any company that does business take a look at the 10 year yield, coming back. We dipped below 1. 5 yesterday. This is a threeyear chart. Back to 1. 5 . Looking at decent gains across european futures. Dax futures. T the gains of 0. 6 . Across the board, really. Ftse futures up a little more. Wang. Get over to selina Chinese Paramilitary Police seen gathering near hong kong. Some are interpreting it as a sign beijing is ready to use increased force. Mirrors from the in comments yesterday. The hong kong situation is at a critical moment. We have full trust and if the situation deteriorates further, into i say our government, the Central Government will not sit back and watch. Is the special relationship in danger . The u. S. Says it is disappointe
Pace for the Third Straight weekly loss, could a friday rally turn it around and great debate, recession or slowdown. Two wall street titans weighing in this morning. And ges ceo wants investors to know he believes in his company as the stock suffers its worst day in over a decade so we do not need to tell you were heading into the final trading day of this volatile market week. The three major indices, each down 2. 4 week to date the s p and the nasdaq still posting double digit gains for the year with the dow not far behind interestingly were almost exactly at levels we were on this date a year ago in both the dow and the s p today were left with the conversation of the moment, is this a walmart, an nvidia market or a deere and a cisco market. And that focuses you on the two big arguments. Is the consumer Strong Enough to carry you through, or is Business Sentiment and Business Cycle deteriorating to a point where you have a problem all right, and we continue to look at yields around