Our road map begins with 5 ge, its a big rebound next year shares are rallying. A pushback when a study finds elizabeth warrens palestinian would be nearly 30 less than projected. That tariff deadline is looming as the president prepares to meet with top trade advisers today lets begin with apple shares are down more than a percent on the heels that credit swiss saying iphones did drop 35 in coin. Analysts warning of the ongoing tariff threats they do couch it, jim, saying there is some seasonality. The timing of the calendar slightly up. The second double g digit in a row. They do, an important photo they talk about tariff costs will cost 67 more in the United States for an apple phone. This is definitely a negative. I always say own it, dont trade it i need to know more. I know a lot of these different surveysent whats really going on in china is inaccurate. The narrative implies the Chinese Government doesnt want you to buy apple when i read this, thats certainly how i feel they go
Trading lower. Apple and anike hitting fresh record highs bank of america analyst throws in towel on his cell rating. Well have more on that. Kelly. Thanks. The excitement over phase one of a trade deal has turned to confusion as china says another round of talks is necessary. Its not even a complete workday here at the white house. Theres not a lot of bodies in the building to explain exactly where all of this stands the treasury secretary is here he was on cnbc this morning explaining that there is still a lot of work left to do in phase one. Here is what he said we have a fundamental agreement. Its subject to documentation and theres a lot of work to be done on that front but it includes intellectual Property Rights and include financial services, currency and Foreign Exchange and includes very significant structural issues in agriculture. On top of significant purchases. I would describe phase one as quite substantial. There you hear from the treasury secretary hes saying theres a
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