A hard landing. Can inflation be stickier than people think . The odds are higher because of the fiscal stimulus in the system and driving the liquidity with the markets going up. German Business Activity growing for a second straight month as services surge, but it is a different story in france where activity contracts coming in below forecast. Mark your calendars, Prime Minister rishi sunak marks when they will go to the polls. The fourth of july he has an uphill battle closing the gap in the polls good morning, everyone more pmi data coming your way. Eurozone flash manufacturing pmi at 53. 3 against 53. 7 in april. Flash services pmi at 53. 3 against 53. 3 in april. Not too much of a change here. It was a tale of two stories of the economies. We saw the private sector activity unexpectedly contracting in the month of may according to the pmi german Business Activity grew for the second consecutive month with the pmi rising to 52. 2. On the manufacturing side, still a little bit of
Hour the major averages have been Holding Steady on light trading. It is a holiday shortened week the dow transport setting another record high. Oil moving big crude and brent crude. Apple shares taking a hit down more than 2 thats the biggest drag on the dow. Reports of iphone x sales are slowing. Mallinckrodt up. Intel down intel will lose the crown as the number one chip maker for the first time in 21 years to samsung. Amazon saying it had its biggest season ever. The echo dot the top selling product across the categories and many factors we begin with retail the day after christmas is one of the biggest for returns. Kate rodgers checking out all the deals in west nyack, new york reporter retailers definitely have something to cheer about. New data out from master card showing that retail sales from november 1 gs through Christmas Eve were up 5 that is the fastest pace since 2011 ecommerce grew by around 18 overall the National Retail Federation Said sales are set to be around 682 b
He recently returned from treating other ebola patients in west africa. He developed a high fever and other ebolalike symptoms thursday morning and immediately contacted authorities. Especial a specially trained Response Team has the video of this happening rushing him to Bellevue Hospital in manhattan where at this hour he is in isolation. The centers for Disease Control and prevention sent its own team to new york to help trace the doctors movements. Now, dr. Spencer used the subway and visiting a Bowling Alley over the weekend but new yorks mayor is telling residents to the to worry and explains why in a News Conference thursday night. We want to state at the outset it is extremely hard to contact and not through casual contact. New yorkers who have not been exmoded to bodily fluids are not in danger. The leading experts and the most advanced medical equipment we have. We have been preparing for months and clear and strong protocols being scrupulously followed and were followed in t