Lifeline. We will hear from the Morgan Stanley ceo on the big 13 billion acquisition of e trade. Paul. Paul thanks, emily. Lets check on how futures are looking in asia. Looking like a much quieter day than yesterday. Sydney futures looking fairly flat right now. U. K. Futures looking weaker by 0. 4 . A bit of a move down in costly futures. We saw u. S. Markets ending modestly low. Concerns about earnings downgrade. More on that later. New zealand also trading right now. Currently flat. Emily thanks. Lets get a check of where the u. S. Markets closed today. Taylor riggs is in the newsroom. What were the highlights . Taylor sort of a risk off day. Really 500 Big Companies leading the losses. Bonds rallying five basis points after the crucial 1. 51, and the yield curve is inverted by the most since october, six basis points. Take a look at the chart in my terminal that put the selloff into perspective. The chip performance relative to s p 500 performance is still near an 18 year high. On
New year on january 25th and with more we bring in lauren fix the car coach so lauren we come into year and these are some very Ambitious Goals that set for themselves and in the past houses performance didnt really give us any confidence and analysts now dont have any confidence in their execution for 2020 they predict that the shanghai factory probably wont be able to make model threes in high volumes many a 1000 cars per week until mid 2020 so what do you think. I agree with ed i know initially theyre going to be delivering 15 cars by the end of the years we can say that he delivered cars in 2019 thats more of a publicity stunt than anything else but in reality initially must consider going to produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because that means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to
To produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because that means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing product that just sits and thats partly what temp and youre in the u. S. Where theres lots of vehicles sitting in different locations around the country you can look it up online but its looking at shorty Airforce Base and theyre just parked and thats not good you never want to build product thats not being sold youre better off having consumers wait but this is going to be a problem when he owes 1500000000. 00 back to the Chinese Government and you certainly dont want to take that money from the Chinese Government and not be able to pay it back and now also in china as regulators have now find japanese carmaker toyota 12.
A 1000 cars per week until mid 2020 so what do you think. I agree with i dont know initially theyre going to be delivering 15 cars by the end of the years we can say that he delivered cars in 2019 thats more of a publicity stunt than anything else but in reality initially must consider going to produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because that means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing product that just sits and thats partly what temp and youre in the u. S. Where theres lots of vehicles sitting in different locations around the country you can look it up online which is a good surety Airforce Base and theyre just parked and thats not good you never want to build product thats not being sold youre better off having co
Lauren we come into year and these are some very Ambitious Goals that set for themselves and in the past houses performance didnt really give us any confidence and analysts now dont have any confidence in their execution for 2020 they predict that the shanghai factory probably wont be able to make model threes in high volumes many a 1000 cars per week until mid 2020 so what do you think. I agree with that i know initially theyre going to be delivering 15 cars by the end of the years we can say that he delivered cars in 2019 thats more of a publicity stunt than anything else but in reality initially one must consider going to produce 3000 cars a week which is not possible and its not fully automated like he had stated they still need manpower which is really good because it means jobs but i think were not going to be talking about a 1000 units a week until youre right about the middle of the year we also have to remember we need sales and if theres no sales there then youre producing a