National copyright cable Satellite Corp 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] good morning. Good morning. In the best possible way what is facebook trying to do and why . Very interesting questions. The simple answer is that they are trying to create a digital that people can use cross borders, and a Digital Currency means not necessarily a government currency, but their own private currency that people can use and ship to one another in different parts of the world. Reasons why they are doing this is a little bit complex, because no one knows exactly they have certainly xplicitly said that they want to, and im reading this because think its useful for your listeners to hear, to enable a simple global currency and infrastructure that empowers billions of people. Ut there are some financial motives as well. And so, as far as the current system, what would facebooks others do not . S
Lets check where we stand on this wild markets day stocks taking a dive in just the past few minutes, now down 130 points all the major indexes reversing at the tenyear yield hits its lows of the day. And that is a sign of worrisome growth ahead lets go to bob pisani hi, bob. Hello, tyler. Again, markets roughly tracking bond yields. Take a look at a chart weve shown a lot recently the intraday of the tenyear versus the stock market here we saw a program come through as yields dip below 1. 5 here weve been trading practically in lock step with those yields today. See the market here with the tenyear yield on the top there in the s p on the bottom this is an intraday. And pretty much moving in lock step i want to note two weak sectors today. Retailers are continuing to get slammed today. Macys gap, l brand, all down another 4 these all of them are down about 20 this month i want to highlight transports common theme here. Logistics and trucking like jb hunt and rooyder ryder, all wear to
Misses forecast. The depressing demand for smartphones. Later, we will have more on the earnings but first lets get you started with how markets closed in the u. S. On this tuesday session. Later, we will have more it was stocks down, yields down, risk obsession for the markets in the u. S. This of course as we have seen investors cautious of the gathering on thursday, Getting Started and gearing up for what could come out on Monetary Policy changes. That led to more concerns on trade tensions as well. The s p 500, we saw every sector in the red. We have materials and financials leading the decline. That halted the threeday rally. We also had a pretty mixed picture for u. S. Retail earnings. A big week of earnings for u. S. Retailers. 4 e depot surged more than on signals that we could see a stronger second half. In the meantime, the nasdaq fell 7 10 of 1 while the dow fell. We are waiting for the minutes coming out on wednesday. U. S. Futures unchanged so lets see how we are setting u
Host what is facebook trying to do and why . Guest the simple answer is that they are trying to create a Digital Currency that people can use across borders and a Digital Currency means not necessarily a theirment currency, but own private currency that people can use and ship to one another in different parts of the world. The reason why they are doing this is a little bit complex ause no one knows exactly they have explicitly said that they want to, and i am reading this because i think it is useful for the listeners to hear, to enable a simple, global currency and financial infrastructure that empowers billions of people. There are some financial motives as well. Host as far as the current system, what would facebooks plan do that others do not . Is planning to create this look currency and by doing so, have established a consortium of different kinds of larger, Global Technology companies and a couple of nonprofits. The global currency is called the libra currency and the consortiu
New report. And a Health Policy reporter for Bloomberg News on rising levels of vaping and ecigarette use among teenagers. Host it is the washington journal for august second. We want to hear from those of whomurrently undecided on you will vote for in 2020. Specifically, we want to hear about what is the most important issue you will consider when choosing a candidate you will support. May be, perhaps immigration or another issue entirely that has you concerned when making the choice of who you will vote for. For undecided voters only, here is how you can let us know your most important issue. 2027488001 for republicans. 2027488000 for democrats. And independents, 2027488002. If you want to post on our twitter feed, you can do so at cspanwj and you can also do so on our Facebook Page at facebook. Com cspan. It real clear politics through ir opinion did an opinion a poll looking at issues the topor those was Health Care Immigration at 11 and making a tie for education and the environme