The 3 trillion weve spent plus a trillion dollars more. Thats about 20 of gdp. Thats absolutely historic, and were prepared to put more money on the table softbank returns to profit with a 12 rides se investor shares soared towards the top. Sales grew by 67 in the Second Quarter. Stock markets here in europe have been trading for about an hour so far, and the direction of trade has been very firm. Weve seen a very decent rally play out after initial gains thats now translated to a pop of 1. 7 on the benchmark index, a fair amount of green at a stock level sector level and by industries you can see how the core markets are faring today we did see some early gains in the german stock market, and that is now actually outpaced by italian stocks taking the charge french and german stocks slight underperformance again by the uks stock market, just 1 3 4 of a percent yesterday. It was curious we saw the german stock market, one of the laggards which is typically not the case, but certainly re
Plus Consumer Confidence slips but less so and bill dudley says the fed shouldnt enable the disastrous path of trade war es ka ligs and should attempt to influence the election not cutting rates further. We have it all coming up in hour joining us for the hour is steve grasso here at post nine good to see you. Good to see you. A wobbly session today in terms of the market. Up on the dow. That didnt hold but we are also kind of oscillating off the lows here still within this monthlong range. I think its about yields german yields, negative yields around the world probably heading even lower from there and taking the equity markets with it. Thats it from the 50,000 foot up and now trade headline, dudley today writing today and trump tweeting dudley in any other news day i think dudley should have been the focus from start to finish but when you have rates and when you have headlines on trade that kind of gets lost in the shuffle and been covering it quite well but that to me is something
Keith bliss. Keith, welcome thank you very much, morgan good to be with you. Mid averages did hit new records this morning but have drifted back down to the flat line, not really moving very much right now are you surprised by that . Not at all. Im a little suppliesed at trpre lack of action it seems theyve hit their own food coma as we wait for earnings to come through we have 300 companies that are going to report next week. We are on fed watch, of course, waiting for the july 31st Rate Decision a bit like waiting and waiting markets are taking a breather right now. Here in the u. S. And elsewhere around the globe, people are starting to go on their holiday so you have lack of participation. Were going to get into all of that a little more. Secretary mnuchins crackdown. Wilfred is covering citi earnings dion is watching the debt ceiling debate lets begin with treasury secretary Steven Mnuchins comments on crypto moments ago eamon javers has that. The rarely used White House Press Bri
Democrat kathy hogle has been governor of new york since 2021, following the resignation of then governor andrew cuomo. For her state of the state address back in january, she highlighted public safety, homelessness, hate crime prevention, and business investments, among other topics. This was just over one hour. Pursuant to the resolution duly adopted, the senate and the assembly of the state of new york are met in joint session for the purpose of receiving the annual message to the legislature from the governor of the state of new york. Ladies and gentlemen, i am proud to present kathy hogle. [ applause ] [applause] gov. hochul thank you and good afternoon. Its an honor to be back in this Hallowed Chamber thank you, and good afternoon. It is an honor to be here with you. Civic minded new yorkers have wrestled with everything from the great depression, to the every day issues that matter to the people who call new york our home. Generations have shared a solemn responsibility of repre
Unto itself on the facebook. Why are Million People in east africa threatened by starvation what are the causes of the situation. We focus on five specific problem areas. These huge journalistic projects trying to find the answers why africa goes green our topic this week on d w news online. At the. Opening up chinese president xi jinping kicks off the communist Party Congress trying to convince investors his economy will become more and more open to the world. Doubling down beijing threatens to make the great firewall of china even more impact. Trouble cracking down on b. P. s and turning the page on a greek tragedy after years of Economic Hardship leaders promise growth is said to return. And been physical and thats to business investors call it promise for teak they want action from china the leader of the worlds second biggest economy has cast himself as a champion of globalization as the top economy the us were traits but is president xi and in his first term he disappointed many