And the corporate impact come up mastercard and United Airlines are the latest companies to warn that sales profits are getting hurt. Manus welcome to daybreak europe. Hedges. To hedge your the defensive positions traders have put on especially in the bond market are already being shaken to the core. The biggest oneday drop since 2016. . Hat is your hedge, and nejra nejra fish you ask yourself what caused this must don . We saw the biggest move down in global stocks, one of the biggest in 10 years. The gain in Global Equities for 2020 wiped out. That theabout the fact spread for the coronavirus outside china was causing concern, or did equity markets finally wake up to what the bond market was signaling, that that that the 30yearold yield plunging . Manus i think what are the best articles is from Goldman Sachs saying, another 25 basis points down in terms of yield. A really bad surprise would be 35 basis points. My line of choice in the bond story this morning is one punter spend 12wh
We know you have. My name is george, im Program Director at the Commonwealth Club , on behalf of all of us i want towelcome you , thank you for coming down to tonights terrific program with Charles Schwab in conversation with adam listen ski. How many of you are members of the Commonwealth Club. If youre not a member, this is a great time to join. There are all kinds of terrific programs, there is buildings like with a great roof deck and a gentleman named billyat the back of the room. He will be happy to answer any questions you have about joining the club so see himon your way out. These take a moment and turn off all your cell phones. Any devices that might make noise and while youre doing that tell you about upcoming problems of the Commonwealth Club. On october 31 halloween, fair will be with us. On november 12, theres not a comment in that area just so you all know. November 12 rich lowery will be our guest. November 12 in the eveningin Silicon Valley legendary 49er jerry rice wi
Hour dow down by about 40 points, nasdaq up about four points. Watching the treasury market, youll see the yield for the 10year is at 1. 875 we have a big dip in the bri british pound. It fell more than 1 the government is looking to make it illegal to extended post brexit exit period theyll have to the end of 2020 for the transition period. Thats the time the eu will continue to apply if still a member Boris Johnson wants to cap that period to just one year to help fast track a trade deal with the eu looking past you phil to phyllis here boeing is down five, so it is flat again yesterday, we would have been up a lot more boeg is suspending production. Boeing plans to reassign workers and doesnt expect furloughs or layoffs but it will have ripple affects and impact thousands of jobs over a ripple across the supply chain it is not going to hike. Phil is on set with us it is better they can save some money. I cant believe you could build four of those in a month, which tells you the size
Market will open lower, dow futures down 91 points, nasdaq futures lower by 28. Investors are also eyeing tariff in china that is to take effect in 5 days, the 15th on sunday. Mornings with maria now. Maria big show this morning fox business dagen mcdowell, baron editor jack otter, chrysler ceo bob nardeli. Good morning. Maria we have to talk about the ig report, dagen, i want to get your take on this and, of course, the articles of impeachment coming, House Democrats expect today draft two articles of impeachment one against President Trump and the other dealing with obstruction of congress this coming at release of longawaited report, now, the report is being debated on both sides of the aisle, they are found that they were failures in the fbi, misstatement made but says that the russia report was justified and also according to Michael Horowitz no political bias in the fbi, the president weighed in yesterday at the white house. Ig report came out and i was briefed on it and its a di
This terrific program with Charles Schwab, we are appreciative to have you here. How many are members of the club . Thank you very much. If you are not a member this is a great time to join. There are terrific programs coming up, great programs like the one here and a gentleman named billy at the back of the room, happy to answer any questions about joining the club. See him on your way out. Please take a moment, turn off your cell phones, any devices that might make noise, let me tell you about some upcoming programs. October 31st, halloween at noon, bret baer will be with us. On november 12th, there is not a comment on that. On november 12th, National Review editor rich lowry will be our guest. November 12th in the evening Silicon Valley, jerry rice will be with us. November 15th, friday, november 15th, Mary Lou Henner who you may remember from the tv series taxi will talk about why she has the unique condition that allows her to remember everything in her life. Also great travel pro