We are seeing green on the screen in terms of equities and u. S. Futures. We finished unchanged on the s p 500, so the markets are a little bit risk on. We are seeing that reflected in the bond market. The 10 year has backed up. We have a number of regional president s pushing back against further rate cuts. The dollar is on the front foot as well. Coming up, we are live from jackson hole as investors take positions on how fast and how far the fed will ease. We have a host of stellar interviews first up, James Bullard. And then watch out for robert m Robert Kaplan and patrick harker. , that iser it takes what new Zealands Central Bank governors says he will do to support the economy. Thef says he will evaluate impacts of this month on expensively large rate cuts before considering further easing. Forward, we were saying everyone is telling us we needed to be lower. Everyone is telling us Global Growth is slowing, so lets get ahead of this. Lets move and reduce the probability of having
Back on social media. She is back on social media. I deserve to get all the crap in the world for this. You are my idol. When did this happen. Can you get kellyevans. The old handle is gone. What happened the addiction . No, we can talk about it later. Well talk about it later. Its a new age. You need a digital presence. I will never have facebook but i have twitter you can almost monetize it. You can. I never have. But when you write your opens he circulates all hes a multimedia you have so many channels. Multimedia. You have all of these channels for delivering your content. I have to figure out how to monetize it though but we have to monetize the next three hours and we want to monetize it for our viewers. Lets tell you whats happening today. Were counting down to a major market event today fed chair jay powell is set to speak at the jackson hole summit at 10 00 a. M. Eastern time and we want to get you ready for that this morning. We have a huge lineup coming up hes going to be jo
At this moment, as we come face to face with death, let us draw close in love, travel together in these difficult hours and days and open our hearts to comfort one another. May love and peace rest with you and those whom you love and with those who love you, today and always. Thank you, helen. That now is the conclusion to this short remembrance ceremony. Please take the time, if you can, to look at the wonderful tributes and flowers to andrew. This is just tributes and flowers to andrew. This isjust a small tributes and flowers to andrew. This is just a small part of the many tributes that have been laid at the scene of andrews death and also received by the force from both police colleagues, fire, ambulance, military and members of the public as well, and a true reflection of how andrews passing has been felt by us locally, but also by the rest of the country. Thank you for coming andi of the country. Thank you for coming and i wish you well for the rest of the day. Thank you. The sc
Also taking comments from top fed president. Trade turmoil, white house economic adviser larry kudlow signaling new in person trade talks with china and ecommerce on alert a new porch pirate threat that could have Online Shoppers running to protect their picnic baskets. Its friday, august 23rd and Worldwide Exchange begins right now. He faces one of the most divided Central Banks we have seen in ten years. Those comments are due out at 10 00 a. M. And well take you there live on cnbc those comments will be the ones traders pay the most attention to today now the stock futures indicating a higher open. The bond market always a focus right now and the ten year note yield below 1. 65 and the two year note yield 1. 64 . Checking that spread, as you can see here were moving and were pretty much flat at this stage watching that level here, its not inverted but its goingbac and forth between positive and negative well keep an eye on that. Lets go worldwide in the asian trade, to close out the
It is great to have you with us happy friday our Investment Committee today, steve weiss, jim lebenthal, brin talkingten rob seechen, and one of forbes top 100 financial adviser. Also here with us on set, tom lee, the head of research at global advisers. Stocks sinking this hour were at session lows right now. Take a check on the dow. Were witnessing a 473point drop or 1. 8 decline here s p 500, this is close to session lows right now, down by 57 points, or almost two full percentage points. The nasdaq getting hit the hardest, down 2. 3 semiconductors taking it on the chin right now President Trumps tweet sparking this drop, firing back at chinas new tariffs. Trump saying u. S. Companies are hereby orders to immediately start looking for an alternative to china including bringing your Companies Home and making your products in the united states. The president also says he will be responding to china tariffs later on today theres a lot we still dont know what we do know is this is an es