A quadrillion worth of worth close to rivet of that if the mark to market would would be greater than 5 times global g. D. P. This isnt in fact the beginning of lehmann to point out. This is a boom bust broadcasting around the globe and covering the world of business and finance and the impact upon us all im daniel fredo in washington heres a look at whats on deck today the truth is war could finally force a Major American Company out of china but instead of coming back stateside as promised they could be having elsewhere in asia. Its mahela which is standing by to break down apples potential plan to dodge the trade war the Federal Reserve meeting has markets on the move peter schiff of Euro Pacific Capital is on hand to break down the details and wall to get a glance at global bond sales and later while china has seen souring ties with some American Companies theyve also been opening their Capital Markets to some other foreign firms ford which of the british. Business Association Join
At least return to the table. And the follow from a trade war is already being felt around the globe by consumers at the Cash Register and by firms who operate in china and they have been facing rising pressures from both sides of the pacific now some American Companies are considering opting out of production in the peoples republic does that mean that the terrorists which were supposed to bring jobs back to the United States worked well funny story not exactly here to help break down some major moves in the Manufacturing Sector as arties own alex mahela that you joins us from toronto alex one of the big names pushing for moving jobs out of china is apple what can you tell us. Thinking of moving 15 to 30 percent of their operation out of china and its also speaking to some of its partners like foxconn the Taiwanese Company and telling them a you know what maybe you should think about doing the same now heres issue foxconn about 75 percent of their operation is in china and at the same
We are Americas Energy breadbasket. It will be especially devastating. I often wonder if these elitist from the coast have any clue and understanding of whether energy comes from and where their food comes from. My former colleague talked about a book called the hidden america. From coal miners to cowboys, the unseen americans who really make this country work. Joe biden could learn a lot from reading the book and from talking to the coal miners and excellent to tell story. I know that many of you have watched me introduce my incredible husband. We like to call him the first nanny. Im looking around to see where he might be. There he is. And, for those of you who dont know, the guy i fell love with, and i will tell you why, but he is from right here. He went to the high school here. He is a guy that tried to figure out when it was really hard to work for other businesses. He did bodywork for cars. He is smart. He is driven. He has incredible family values. He never ever stop believing
Today. Thank god youre here. We have some news comcast is reporting and when you report on a company like comcast, there are many Different Things that people watch. Not necessarily the bottom line number but let me give that to you any way. Earnings per share, 52 cents that was up almost 27 year over year it was 3 cents ahead of expectations consolidated revenue grew 10 . 9. 8 to 21 21. 2 billion. That is above expectations of 20. 855 consolidateded revenue was one of the things that people might look at, but maybe more so is ebita growth Strong Revenue and ebita growth increasing by 10 . First half ebita growth the best in six years a lot of this, sorkin you see the main cylinder . Squawk box. Part of it. Film revenue up crazy Nbc Universal, outstanding quarter according to the company, grew ebita by 20 Comcast Cable delivered what the company is calling a great quarter is a strong balance between financial growth and solid subscriber metrics you watched this over the years. What do
Forecast. It will call come the cost of rising debt. Haidi later on, under pressure by the stock surge to develop big bets. Rishaad and stormy skies. For backtoback annual loss. Were also talking about nafta and the renegotiation. I want to bring out chart 1358, which give some context. Canada and the United States meet in washington for the first round of talks to renegotiate the deal. Donald trump calls nafta the worst deal ever made and vowed to withdraw from it. Mexico and canada want to agree to favorable terms with the u. S. Were going to have a look at what might make for a new agreement, what would it look like . How will it affect global trade . We have some guests coming up. U. S. Imports from china way exceeding those from mexico or canada. Putting all of that into context. Becauset is interesting weve have expectations that the rhetoric translate to a harsh stance from the Trump Administration, given lyrical pressure, perhaps there is political pressure, perhaps there is mo