Made an offer to buy the company. Josh brown, Wealth Management. Josh, great to see you today. Whats going on s p and dow basically hugging the flat line right now, taking a breather, i guess you could say, from the record run we saw earlier this week. I think you nailed it thats exactly what i see going on indices are stalling out given the runup, i dont think, should be a huge surprise. Rates are higher, which is interesting. Lot of the big winners of the year, like iyr, xlu. Anything rate sensitive also taking a breather. Xlf is falling out, the financials indexing etf got above a 70 rsi for the first time in i cant remember how long thats an overbought index when was the last time we were talking about the banks being overbought you have this confluence of things its perfectly natural keep in mind the big picture caterpillar, the whole industrials xli, etf, all hit new 52week highs yesterday. Honeywell, new highs these are things that do not happen in the context of a bear market o
Bright spots. Exports declined less than domestic but weak demand continues to bite. Joining us from hong kong is in karenrrent is in the is enda curran. Is pickingps demand up, and might put a floor on the economy into year end. There was a weaker import, and that underlines that the domestic demand is still weak. We know that new orders of the official manufacturing pmi remain weak as well come us adjusting that bottoming out still has a little bit to go before we can fully call it stabilization in chinas economy. The trade numbers were ok. There were certainly some optimism, but the big picture remains whether the government can push ahead and reach this phase i agreement theyve been talking about. Alix speaking of, the conversation has been to digitally that the phase i deal will happen in a rollback. The ministry of commerce spokesman in china saying that there have been serious discussions, and agreed to remove the tariffs in phases as progress is made on the agreement. What is t
Because of the hong kong elections. Record turnouts sunday, big loss for scombrabeijing. I think its heartening to see the people stand firm. For xi jinping, its a setback. What will he do now . Investors round the world cheered. Its part of our rally on wall street today. No cheering for uber. The authorities in london will not renew ubers license to do business there. Ouch. London was its best European Market. Uber takes the hit because of passenger safety concerns . Gee, i wonder if londons famous black cabs had a hand in this. Ubers stock is down 4 premarket. Seconds from now, frozen 2 big box office, tesla, dare i say a smashing success, and a little blue box, tiffany, now worth 16 billion. Varney company is about to begin. Has elsa seemed weird to you . She seems like elsa. Theres voice. Voice, what does that mean . Head for the cliffs ive got you. Stuart there you have it. Frozen 2 debuted this weekend. 350 Million Worldwide. That was the opening Worldwide Box Office globally, t
I make the tough decisions. Were closing the store. Were done. Im not talking to you about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Things move slowly in the small town of latta, South Carolina. But when shulers barbque opens its doors, people near and far come rushing in with some traveling hundreds of miles to eat their legendary barbecue. Lynn hi. How are yall . Welcome to shulers. Lemonis its an allyoucaneat barbecue buffet, and their speciality is pulled pork and ribs. Their biscuits are always one of the biggest draws. Woman excellent barbecue, some of the best i have ever had. Norton thank you, maam. Lemonis married couple lynn and Norton Hughes struggled to have a family until late in life. They were blessed when they adopted their young son and named him after nortons fa
International hotel lease at the Old Post Office building in washington, d. C. We will hear from two officials from the General Services administration that oversees government building leases. This is about three hours. [indiscernible] without objection, so ordered. We are now going to proceed with Opening Statements. I wish you all the good morning and welcome to the fourth hearing of the public buildings. One of the purposes of this is to protect taxpayer dollars by ensuring that theyre spending it with transparency and that brings up with todays hearing which is entitled the tenant in the Trump Administrations oversight and the International Hotel and you can tell from the title, we are going to be in investigating an unprecedented tuition and the houses President Trumps d. C. Hotel. Since President Trump has declined to confess from his businesses, hes essentially acting as both landlord and tenant. Before i was elected to congress i spent over three decades , Teaching College stu