But you were talking about the dow being in positive territory for the First Time Since september 2nd. Stocks in china reopened after a week long Public Holiday they both jumped by more than 2 the shanghai composite was up by 2. 6 lets take a look at where things stand right now in europe where there is some trading taking place you can see the markets are open there and theres a bit of a mixed picture. Its actually a little bit higher ftse 100 is right around the flat line, andrew. Hey, becky. Weve got so much going on this morning. Weve got this is squawk planner, two major tech events first amazon sales day it begins after it was postponed, if you remember, back in july. Now running two days, starting at midnight tonight eastern time so watch out for that. Ive already scheduled it and then Apple Holding the big event tomorrow the launch event expected to unveil the new iphone. Everybody looking for the new 5g iphone it will include the first major exterior redesign since 2017 and we
To see a two year yield come in and a 10 year bond coming in with a vengeance. Coming in is that signal slowdown, massive curve flattening. Jonathan 10year yield breaking down. We are down eight points on the s p 500. Lisa, phase one was about access to capital and drawing down credit lines. Phase two is about the permanent decisions, cuts and layoffs. That is what has been building this week. Lisa we have seen those cuts and layoffs likely to be ongoing with a number of cfos studies pointing at Bigger Companies looking to shrink their workforce further through the end of the year. The thing im watching is how much can we plug the gap, the deficit of production with regards to fiscal stimulus . As we wait for that, we will be waiting for the data coming out today. We get the u. S. June Producer Price index, measure of inflation. 1 00 p. M. , this will be interesting in light of the fact that you seek shale producers bringing rigs back online due to higher oil prices. Later today, Presi
Story an explanation of why and rejection is so reviled and all of this is coming up right here but were going to give. With a bold declaration by china that seems to imply that its simply had enough with quote us stretch to interfere and will now move forward to the dollar rise and strike back against the United States by creating a global currency to compete with the u. S. Dollar china has long considered joining russia and fighting back against u. S. Control of the worlds ability to trade or transfer goods without u. S. Interference or say so but now china is announcing that its actually preparing to be cut off from the u. S. Financial system. And theyre taking what appears to be real steps to protect itself. Why or maybe the better question is why now ok the reason is that while the United States has been heavy handed in the past it has never according to china and chinese experts and officials gone so far as to weaponize the u. S. Dollar the way that the trumpet administration is
Federalized police to push the protesters back. The story an explanation of why Andrew Jackson is so reviled and all of this is coming up right here but were going to give him. With a bold declaration by china that seems to imply that its simply had enough with quote u. S. Threats to interfere and will now move forward to d. Dollar rise and strike back against the United States by creating a global currency to compete with the u. S. Dollar china has long considered joining russia and fighting back against u. S. Control of the worlds ability to trade or transfer goods without u. S. Interference or say so but now china is announcing that its actually preparing to be cut off. From the u. S. Financial system. And theyre taking what appears to be real steps to protect itself why or maybe the better question is why now ok. The reason is that while the United States has been heavy handed in the past it has never according to china and chinese experts and officials gone so far as to weaponize
Story an explanation of why Andrew Jackson is so reviled and all of this is coming up right here but were going to get in. With a bold declaration by china that seems to imply that its simply had enough with quote u. S. Threats to interfere and will now move forward to d. Dollar rise and strike back against the United States by creating a global currency to compete with the u. S. Dollar china has long considered joining russia and fighting back against u. S. Control of the worlds ability to trade or transfer goods without u. S. Interference or say so but now what china is announcing that its actually preparing to be cut off from the u. S. Financial system and theyre taking what appears to be real steps to protect itself why or maybe the better question is why now ok. The reason is that while the United States has been heavy handed in the past it has never according to china and chinese experts and officials gone so far as to weaponize the u. S. Dollar the way that the trumpet ministrat