Most expect it to end in the Fourth Quarter of this year. If that does not happen, that could really take a chunk out of the rally and make 2020 difficult. Plus, trade. That agreement still has to be signed. President trump indicated that could happen over the next few weeks. Then we are looking at phase 2. 2020 could bring some new risks that are not priced in, at least not now. Kurt certainly something we will be following. Thanks to bloombergs Abigail Doolittle for that update. The final stretch of the Holiday Season and shipping deadlines loom. Amazon cites a decline in fedexs delivery performance. Here with us, spencer, who covers amazon for bloomberg news. What is happening here . Spencer you basically have a big fat vote of noconfidence in fedex from amazon as we enter the Holiday Season. These are the dates that people decide, will i buy this online and hope it gets here in time for christmas or not. Amazon has narrowed the amount of time people are willing to make that call. A
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans in advance of this vote up on the hill today. One of those was Top Republican in the house, Kevin Mccarthy who gave this readout earlier today. Listen. He is focused on what the American People need but it is the strength of who he is. That is why we have a Strong Economy. Why well come out of this. Why, when you look at this, at the end of the day, everything speaker promised democrats, the poll numbers are low, theyre divided. Reporter democrat argue that the president abused his office by try
Unified party. One democrat switching sides, some others may vote no. But the end result is not in doubt. The president will not be removed from office. Now look at this. The market is going up again. The dow is being held back a little by boeing. The journal says it may halt or cut max jet production. Boeings a dow stock, way down, hurting the dow average by about 90 points. We also have to tell you that bank of america is talking about a melt up for the market into next year. Look at the market go. The dow is going to be up about 80 points despite the news on boeing, up about 80 at the open. S p, big gains, 17 points. Thats more than a half percent. The nasdaqs going to do well, 50 points higher. That is a rally this monday morning. In britain, landslide winner, Boris Johnson, is pushing hard for a brexit vote by christmas. Then he wants to work on a trade deal with trump next year. Defeated socialist Jeremy Corbyn says he won the battle of ideas. He just couldnt convince voters he w
Apple introduced the 16 inch macbook pro, starting at 2400. Well rate its function and design. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon launch. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. To put this in perspective, hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. Taylor we can see the technical glitches. We can shrug those off. That is what disney was saying. If we knew how many people were trying to sign up, we could not plan this. They had an incredible deal with Verizon Communications where 19 million customers could access the service for a year for free. Even the free customers, disney is getting pa
Fray of gentrified accusations against goldman. We will bring you goldmans quick response. Return of the mac. Apple introduced the 16 inch macbook pro, starting at 2400. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon launch. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. To put this in perspective, hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. Taylor we can see the technical glitches. We can shrug those off. That is what disney was saying. If we knew how many people were trying to sign up, we could not plan this. They had an incredible deal with Verizon Communications where 19 million customers could access the