The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not a robust rebound so far. Modest, at best. Check Interest Rates. The yield on the tenyear treasury this morning coming in at 1. 75 . By the way, more rate cuts likely coming from the fed this year and rates in europe are still heading south. Hard to believe. Hardly any government over there pays any interest at all. As for the flight to safety, the price of gold this morning at 1478, up another couple of bucks. Oil, not calling that a flight to safety but a key indicator, 54 a barrel. So how you
Hard on the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what we are pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions against iran and syria and for its role in the subprime mortgage scandal weary after years of uncertainty someone best received this radical reboot as an oppor
Other operations significantly. Investment bankers were the 1st to go entire teams were given the sack on monday from sydney to london. And could concentrate hard in the sector for years but to no avail this year its not showing up yet another round of losses for the 4th time in 5 years the restructuring measures announced on sunday are aimed at freeing up the remaining divisions of the bank its turning its back on its ailing International Business and focusing on the domestic market. Weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet having costs under control now we want to take the next step and thats to align the bank with its strengths and thats what were pleased to announce today that the. Bank was devastated by the Global Financial crisis and the share price is yet to recover. Legal disputes compounded delicious problems the bank was forced to pay billions in fines for russian Money Laundering breach of sanctions aga
Walk across the border and you get health care. If youre born here, maybe not. My conclusion this friday morning is that the democrats are badly divided and are now led by unelectable socialists. Why dont we get to the market. Its going up again this morning, triple digit gain maybe for the dow, pretty close to it. Modest gain for the s p and the nasdaq as well. The dow, pretty close to alltime highs. The president meets chinas leader tomorrow. Huge stakes for both sides. The market seems to be saying because its going up that there will at least be a smile and a handshake. Well see. Wait until you see the mayor of new york city praise che guevarra. What will apple do without the designer of the iphone . Varney company is about to begin. It will be a very exciting day, im sure, for a lot of people, including the world. It will be an exciting day. A lot of people are talking about it. Its very interesting. Its going to come out hopefully well for both countries and ultimately it will wo
Intent on imposing those sanctions but to be seen to what extent trump can actually deliver on this promise made to the turkish pres the at the margin of the g 20 summit to actually prevent or block these potential sanctions. And is it true that trumps previous us president obama denied access to patriot missiles well whats more on that decision well its lets say its a half truth in the sense that yes those patriots were not delivered to turkey but that we did because there was a disagreement about the conditions of their didnt agree so it was busy not a categorical rejection but turkey wanted that purchase to be accompanied by a degree of Technology Transfer and thats not what the u. S. Was prepared to accept under the Obama Administration and therefore the deal went through didnt go through and what would happen then if turkey decides not to take delivery of the s 400 what will be the consequences well i mean now the turkish government has iterated so many times that the u. S. 480. 0