All ahead for the session so far. Ten year note yield, crude oil, you ask, and we always like to answer as well, look at our ten year note yield, 1. 78. Lets get to our road map this morning, it starts with what you expect, the shopping surge, facing a condensed Holiday Season, retailers raking in a record 4. 4 billion online on thanksgiving day this is ahead of, of course, what is traditionally the busiest shopping day of the year, today. The final trading day of november and stocks pointing to a lower open on this holiday shortened session. Buffett thwarted, the oracle of omahas latest attempt to put his cash hoard to work, outed by by apollo global. We begin with retails busiest day. Courtney reagan is at the Woodbridge Center mall with what to expect this weekend as the Holiday Shopping season officially kicks off hey, court. Reporter good morning, happy thanksgiving to you, morgan. Here were starting to see the second wave of shoppers come out to the mall. They do those early door
The charge and treasury yields surge as markets are at record all time closing high territory for the major averages joining us for the hour, stephanie link good afternoon to you. Today is what trade headlines that push us higher but with that rise in yields is improving sentiment. Three thing its trade and obviously the roll backs on tariffs. Potentially. Well have to see how that works out. Earnings earnings are better. 2 better than expected. Not great. Flattish overall but next year even though numbers have come down still looking at 10 Earnings Growth. Maybe the story is Third Quarter, Fourth Quarter is trough in earnings and most important to me what is driving the risk on trade is Global Growth stability if you look at german factory orders, you look at german pmi services yesterday, you look at italys pmis, they are not great but stabilizing. Thats causing yields to rise and with it the cyclicals sector big final hour here thanks for being with us lets drill down on the other b
More than a decade after ba naz mahmods death in a so called honour killing, her sister speaks out for the first time. The moment you choose to ignore actually what happened and not talk about it, you will never get past it. And 13 years on, we still havent had that conversation. Good morning. Welcome to bbc newsroom live. Riot police have used pepper spray and batons during clashes with protesters in hong kong overnight, on the 22nd anniversary of its handover from british to chinese rule. The protests are the latest against a law that would allow suspected criminals to be sent to Mainland China to facejustice. Lets have a look at the live pictures from the streets of hong kong. You can see the numbers are building, there is always a dispute on at that between the protesters and the police. This is the third enormous demonstration weve seen in hong kong in the past month. The organisers typically say the figures are aroundi organisers typically say the figures are around 1 million. Th
By buying all the bad bonds some of their rate some of their bonds i believe at negative Interest Rates even and italy and yet you know if everything is so hunky dory italy proposes tax on savings hidden in safety deposit boxes as total retail deposits hit fresh all time highs the italian people they have a lot of cash and theyve been putting it into their savings accounts and more importantly in italy they put that into safe deposit boxes salvini is proposing that they basically raid all these savings these safe deposit accounts and introduce a tax if you if you voluntarily tell the government how much you have in there theyll do a flat tax of 15 percent i dont know what the higher rate will be if you fail to voluntarily disclose it but theyre coming after your savings quit now for those italians that want to keep their savings or put it into because you can escape the confiscation of the. Government or the vatican whoever runs the country over there and you will preserve your wealth
A period of growth now and were seeing that the American Peak will hit so itll be time for a 5 year vacation again. Im not sure where but somewhere but this is. Take of bitcoin and say adios into the sunset i think were done well this is in the you know the context of all these guys like unlike selling all their equities theyre getting out and buying bonds predicting a huge recession because if the u. S. Obviously is in its own space like its beyond all of the emerging markets europe and japan and terms of where their stock price is. Now over to italy which of course has had catastrophic economic story happening there and weve been again covering this for 10 years the European Central bank has managed to keep it afloat by buying all their bad bonds some of their rate some of their bonds i believe at negative Interest Rates even and italy and yet you know if everything. So hunky dorey italy proposes tax on savings hidden in safety deposit boxes as total retail deposits hit fresh all tim