U. S. china trade talking taking center stage today. Billions of dollars in new tariffs hang in the balance. Well take you live to washington. And the stage is set the second round of democratic president ial debates kicking off tonight. We are live in detroit with a rundown and why trillions may be talked about it is tuesday, july 30th as Worldwide Exchange begins right now. That song coming out today in 1966 good morning, good afternoon, good evening and welcome from wherever in the world you may be watching im Brian Sullivan we have a major developing story overnight. One that might have impacted you. Capital one disclosing a massive data breach that could impact more than 100 Million People across north america thousands of Bank Accounts compromised. There is one hacker in custody well get much more on this story and whether you might be impacted coming up as we await the fed decision tomorrow at 2 00 p. M. Eastern time, heres how things are setting up futures are down to maybe a l
Making money. Charles another good day for the market. Investors getting more evidence of a rate cut on the way. President trump pointing out the world is cutting rates, the fed should as well, because of faulty thinking process there at the Federal Reserve. He is worried saying we pay much higher Interest Rates in countries no match for us economically. Another words our Interest Rates are much higher than other countries when they should be lower. This comes from comment from three fed officials that boosted expectations after rid cut. Edward lawrence at the white house. Reporter you are talking about James Bullard, john williams, new york fed president and Richard Clarida, and Jerome Powell in a speech today. He pushed Federal Reserve to have a rate cut during their next meeting. I want to zero in on the third tweet that he made. The president said in that tweet, quote, this is our chance to build unparalleled wealth and success for u. S. Growth which would greatly reduce the percen
Theyre going to do this is it done on a. Summers solution here. Its summertime on cars the record everything is sunning. States actually you and i are going to be on vacation while everybody in the world is looking at the solutions that we offer to all the stories that we cover on kaiser report we talked to the likes of no reprints steve kean Michael Hudson we look for solutions to the problems of the world and in fact this 1st segment were introducing this notion of our Summer Solutions for 2019 is i want to say like i want to solution to the kaiser report the kaiser report exists only because of all of the Financial Economic and monetary skullduggery out there in the world and if that didnt exist then we wouldnt need kaiser report its like james grant the Interest Rate observer said about the head of the Federal Reserve bank their 1st act if he was to take over would be to fire himself they dont need a Central Bank Central bank is an impediment to everything that we cherish in our li
For donald trump because he promised to make America Great again the platform that joe biden and to be fair he has not really spoken to anybody but billionaires and closed door sessions raising money but from what we can tell what his solution on offer. Is more of the same that has basically brought this country to where it is biden tells rich donors not to worry nothing would fundamentally change if he won you know it is that everybody in the u. K. That supports brags that their number one reason for braggs it is to return to the 1950 s. Because thats when things were great and we need to go back to the 1950 s. Joe biden is saying to the American Population that you know we need to go back to the 1950 s. Where men were men and women knew their place in the home and american corporations were the greatest and the minority populations of various ethnic group and races groups were not a problem you know and its such a reactionary claptrap for billionaire nonsense its hard to imagine hes
Alix peak accretion greater than 20 . Those are pretty staggering numbers. David they are paying a premium of 45 . Alix we are going to keep following this and what it means for other health care in a day other health care m a. In the markets, sb futures pause until the g20 s p futures pause until the g20. The dollar hit a threemonth low yesterday. 2 . Ds did dip below now we are back about that. Crude a little softer. It feels like a teeny bit of a risk off on the margins, but nothing extreme. David a lot to digest. Go to the morning brief. At 8 30 eastern, we get u. S. Newhome sales data for may. Throughout the day, we hear from a range of said speakers, starting with jay powell, williams, bostic, and parkland. Bullards thenpresident will be on Bloomberg Radio and a conversation with kathleen hays. The best treasury will be selling 4 billion in twoyear notes. At the bell, we will get fedex earnings. Lets turn to bloomberg first take. We are joined by mark cudmore and romaine bostick.