National intelligence John Ratcliffe as we are learning the country is doing human testing to genetically enhance military. Focus on stimulus this morning, Speaker Nancy Pelosi says it will be done by christmas, we will hear from former nyc barrasso and Mick Mulvaney. Marks are lower. We will start the week in the red, dow industrials down 145 points, nasdaq lower by 15 and s p 500 weaker by 16 and 3 quarters. All three major indices up out of the last 5 weeks, last week we are up 1 on the dow and 2 on the nasdaq. Mornings with maria right now. Maria european markets look like this, dax index in germany lower by 63. In asia overnight, markets finish mostly shower. We had Economic Data, that is the fastest pace of exports since february 2018. The growth also helping to generate a 75. 4 surplus. The data, of course, coming from the Chinese Communist party and this has been the big fight between china and the u. S. , the fact that we are buying more products than china is buying from the
Jump that that 49 increase is the biggest jump. On top of that, one point 4 billion worth of gains. That is more than double what you saw one year ago. On top of that, equity underwritings, huge gains. We will see how this keeps going on. They are seeing saying there priceline is strong. A different story than what we are seeing at the Consumer Banks that have seen many declines. Big in terms of ipo trading at goldman. How sustainable is that . Sonali as long as the markets are healthy, this can keep going on. Our sources are telling us the election can create a bit of a pause. The pipeline is huge for next year as well. You dont know when airbnb is going to go and there are a lot of unicorns looking to break into the public markets. When the ipos fail, you know that there is sachs waiting on the sidelines. Guy we are going to leave it there but we will continue the conversation. She will continue to brief us. Thank you very much indeed. Joining us now for more on those , baird is davi
Nightclub. Busy bar on the weekends friday and saturday nights. We are not the only bar in the neighborhood. Across the street is the horseshoe and five or six other restaurants down the street. We are the corner where everybody mingles. It is not necessarily the dorian. I cant control across the street what happens in the door doorways. What we are trying to do is we are a neighborhood bar trying to additional element to it to bring in more people, to bring in more people to the neighborhood to have the neighborhood people join us more often, add another experience to it. We dont want to do crazy bands to 4 00 a. M. We have another nightclub. We are not that. We are a restaurant with a jazz band on thursday night during happy hour, not doing craziness. That is not our plan. Other than that, we are just trying to support the neighborhood and move forward. Anyone here to testify in support of the project sponsor . Come on up. Thanks for listening to me. I am liz miller speaking on behal
Stocks. It really started, if you think about it, a year ago today with a big rally the day after christmas, the after the Christmas Eve selloff last year. Now as we get set for a new year, nasdaq 9,000, what is next . What are you thinking about . Im really optimistic where the markets are going in 2020. It is kind of interesting, if you look at this historically, with a year where markets are up over 20 , on the average the dow has been up over 75 of the time with an average of close to 9 . The s p 500 has been up over 83 of the time with an average over 11 . Past returns are not indicative of future returns but if stats is on our side, history is on our side, markets are still good value, there is still room to grow and a lot of potential as weve seen in the past. Connell gary you and i spoke couple days ago right before christmas. Youre more of a worrier, right . Nothing wrong with that. Someones got to but how do you look at this run . At this point, is it getting toward as point
Cant believe we didnt tell him it wasnt for sale. I cant believe this is even a conversation. David when this first came out, every one thought it was a joke. Hes just getting hes just kidding. And then maybe not so much of a joke. Alix do we know why he wants greenland . David because the arctic, particularly because of climate change, has become much more important. There are really Strategic Interests in greenland. In fact, president truman tried to buy it in 1948 for similar reasons. You invited meis to my house, im not coming unless you sell me something. Alix in the market, we had retail earnings coming out. We get a nice rally underway here. Eurodollar is flat. It is a mostly weaker dollar story in the g10 space. Selling in the bond market with the exception of italy. Inflation expectations continue to rollover. No one taking any big positions headed into jackson hole. The question is how you hedge this. David time now for the morning brief. At 10 00 this morning, we get u. S. E