Looking at the biggest weekly loss since late june the s p both with interday trading. The nasdaq is on track the fourth week in a row on higher prices dow futures indicated down at this poirchlnt looking at yields for the 10year. New this morning, china and the u. S. Have agreed to review the progress of the phase one part of the trade deal well do that in the coming days talks are scheduled from last saturday the review comes as u. S. china ties have deteriorated just summarizing you know that. Thats one of the reasons why. We knew that yes we have seen a series of things that show the relationship has deteriorated if you were to try to put the different segments of the rift, you are up at almost double digits how many Different Things have become bones of contention and the second largest, largest some days economy in the world. A global nightmare we need them, they need us on a certain way it is official taking advantage on what the administration would argue from the markets persp
Then walmarts answer to amazon prime, we will give you a breakdown of what is included an whats not and finally, white house chief of staff mark meadows will join us live, we will talk stimulus, covid19 and the unrest across the nation thats happening toward the top of this hour and you will not want to miss that. Carl kayla, david, guys, everybody is taking stock of the journey we have had not just in august for stocks, but for the past five months, the dow best fivemonth gain since 2009, for the s p the best five months since 1938 and as we said at the top, david, we are heading into historically the worst month not just in general, but especially during election years, september and october have averaged negative returns and we will talk to mark meadows about politics which are increasingly going to be part of the picture here yeah, no doubt. I think you heard it with the last guest who appeared on squawk box at the very end of that show. We are entering what conceivably could be a
Chad williams is the author of torchbearers of democracy, African American soldiers in the world war i era. Next, he talks about the postwar activism of the soldiers, explaining how after fighting with the idea of democracy abroad, many return to join movements to secure more rights and better social standing for African American here at home. National world War One Museum, in kansas missouri of 2019. Now id like to introduce our first speaker for this morning. Doctor chad williams, he is a agus this professor and history at african and African American studies at brandon university. He specializes in African American and modern United States history, world war i and African American intellectual history. He is the author of torchbearers of democracy, African American soldiers in the world war i era, which received the 2011 liberty, legacy, Foundation Awards from the organization of american historian and the 2011 distinguish book of war society of military history. He is also a part o
There. Id like to first introduce our panelists including myself. Doctor Michael Pillsbury is one of the foremost china experts in the world. Hes currently senior fellow and director of the chinese strategy at the hudson institution. Its an incentive rate hes distinguished defense and policy advisor highranking official in numerous books and reports on china. I know, i can tell you definitively that mike has really changed the u. S. Militarys thinking. Back a number of years ago he sent to china to collect Chinese Military writings. He was the First American official who revealed that what the chinese were telling themselves militarily behind the scenes was quite different than what they were saying in public about how they wanted to be friends with the world. And it really had a tremendous impact on understanding the militarys review with peoples republic of china. His book is a Landmark Book to replace america as a superpower. This book is really a fascinating look. Its probably one
Or rather, which is worse than expected. We had expectations of 0. 1 . Rishaad exactly and thats currently where we have industrial production. Coming inese are pretty much bang in line with what we were expecting. The retail sales and only showing this contraction for july. Lets get over to bank of chief chinarities economist. Headlines pretty much what we were expecting, but tell me, what sort of picture is it painting for you . That atlly, i would say first glance, this set of numbers does not look extremely encouraging. For several, industrial output ip we would have thought it would be somewhere around this in belowt still coming 5 implies that the momentum of continued industrial recovery seems to be moderating. I think that is number one that i got out of the data. Number two, if you think at investment, thats roughly in line, but we need to look at the breakdown for example properties versus infrastructure to know what is going on. More importantly, retail sales i think to a la