Negative territory down by. 2 . The dollar gaining strength and crude is all over the place. You wind up having opec leaders meeting and talking about maybe extending a deal through 2022. That comes from the Saudi Oil Minister. So the oil market is trying to digest that. The big news has been what is happened with apple. A 2 trillion market cap. We knew it was coming and now it is official. Isning me more is the but you are global on fx, apple, what do you do with that . Anne from a fundamental equity standpoint i cannot have any comments on all, that i would stay that say that this level of market cap is a success and that there Monetary Policy policy easing, the giant firehose of liquidity as well as actions by the European European Central Bank and bank of japan has bouyed the equity market and we are seeing a little bit of a rally and everything. We talked about that before the virus and it is interesting to see that we are back at that point and it reflects a tremendous amount of
Edward tom good morning. Wfh, as the jargon now, you work from home. When do we all get back to the office . We thank you for watching. A really interesting wednesday. There are a lot of political moments, theres international relations. In the market, im sorry. I started out this morning with on, and all much going now a bid to equities once more. Jonathan you the word crosscurrents. I think that is the right word this week. We have betterthanexpected data in the United States. I think the data right now is absolutely critical. The Federal Reserve has played a huge role in this market, and clearly that is exacerbating this, but the veracity comes from the betterthanexpected data. You have to say that this rally tracks that pretty well so far. Tom lisa abramowicz, what have you learned about the efficacious nature of fed policy . Is it helping right now . Lisa it is helping to push down yields and push up prices of assets across the board, and certainly hoping to encourage companies to
Road map begins with records, records and more records the dow within striking distance of 29k for the first time. Plus hiring did cool in december but unemployment is at a 50year low and job gains extended for a record ten straight years, so whats it going to mean for the growth in 2020 plus these damning documents newly revealed boeing messages reveal efforts to manipulate 737 max regulators todays december payrolls number means 2. 1 million jobs were added last year, a slowdown from about 2. 7 million in 2018, coming in at 2. 9 year on year threemonth average, jim, 184 now and we got some milder visions down to october and november one of the things thats missing that makes this difficult for me is boeing boeing is such a big part of the gdp and i dont know which part, manufacturing little changed in december, how much that is boeing because everything has to be asterisked i think thats how big boeing is for the economy. It doesnt reflect this. I mean, youve got the wrong areas gett
And why the socalled techlash has only made facebook stronger. Lets start with our global cover. 10 straight weeks of when we really stepped back and thought about, what is a perspective that we can bring to the story that has not been brought . One of the things that came out of the conversation was, wheres this angst coming from right now . And one of the things that we realized was that its actually about 2047. When hong kong was handed back to china, one country, two systems being this guiding idea for how the city would be managed, 2047 is viewed as the Expiration Date of that. When you think about the stakes of this situation, five years out isnt enough time to solve that. 10 years out isnt even enough time. So really our thesis for this story by Matt Campbell was that the angst that were watching, the fury that were watching, is ultimately about 2047 and hong kongs countdown to 2047. Jason when you think about sort of the nexus of business, economics, politics, there are few oth
Joel webber. We have been talking about a must in every issues and the fury broke forth this summer. The thing that happened was the airport in the class that happened at the airport. We felt that had become a Tipping Point and all eyes on hong kong. Thought about, what is a perspective we can bring to the story that has not been brought . One thing that came out of the conversation was, where is the thanks coming from now . 2047. About when hong kong was handed back to china, one country to systems being this guided idea for how the city would be managed, 2047 was used as the Expiration Date of that. When you think about the stakes of this situation, five years out is not enough time to solve that. 10 years out is not enough time. The we are watching, the fury is only about 24 7. Hong kongs countdown to 2047. Jason when you think about the nexus of Business Economic politics, there are other places in the world where it happens in sharp relief. This is speaks to the dilemma that xi ji