Halftime report starts right now. Good to have you with us on this friday. Our Investment Committee today. The cio of santo Global Advisers and lindsay bell is back. Lets begin with the markets with stocks rebounding today basically flat for the week. Our focus today on what has been happening on the ipo market. Peloton down again. Endeavor pulls the ipo. Actually quite encouraging, because the Public Markets are being more rational in valuation than the private markets that are just awash with cash and you have the soft bank effect of putting so much money in the companies. Its selffulfilling prophecy. Public markets says this is crazy. Lyft, theyre not going to make money for we dont know when. Uber. Endeavor is well. Theyre saying we dont want to do that. Unfortunately, its impacting some of the higher valuation equities in the u. S. Market. We see you take a stock like roku. Take a look at whats happening to that stock and others. I dont think it means we have a sustainable move in
This morning on 250 billion worth of chinese goods set to go in effect on october 15th, going fun fact 1 in 4 of us millennials have debt we might die with. In effect october 15th, washington extending olive and most of that debt is actually from credit cards. Branch of sorts, granting its just not right. Licenses for some u. S. But with sofi, you can get your credit cards right companies, some companies to do by consolidating your Credit Card Debt business with hauwei all of this into one monthly payment. As creep authoritarian rule you can get your Interest Rate right by locking in a fixed low rate today. Seems to be getting closer and and you can get your money right. With sofi. Closer to american business, i mean, you are seeing china bully check your rate in 2 minutes or less. American Companies Across the board, apple just caved to get a nofee personal loan up to 100k. Business, he wrote great oped this morning act activation blizzard, whats your take on this . Revealing how thug
The u. S. And china announced they will hold trade talks in the coming weeks. To visit washington in october. Asiay markets again across with rallies in europe and the u. S. The yen and gold take a hit. And boris is beaten again. Armament rejects a Boris Johnsons demand for a snap election as a bill to stop no deal brexit gains momentum. The first, tome my knowledge, the first leader of the opposition in the democratic history of our country to refuse the invitation to an election. Matt good morning from berlin to less than a half hour away from the european open. Taking a look at treasuries. They cant make up their mind and you see this when you look at other safe haven assets. For example, the yen of lost a lot of ground and is now coming back. We are quite sure whats going on. Indexes in hong kong are dropping. Verywhere else, we are seeing gains. We are seeing gains. They are all solidly in the green. Up. 8 . Dax futures ftse futures up more than. 5 right now. And anna, there is st
Final. The European Broadcasting Union says used klein wont compete while Swedish Police investigate a complaint of inappropriate behaviour by a female member of the production crew. Meanwhile, security has been tightened ahead of tonights show as pro palestinian protests continue. Demonstrators are already gathering in malmo, rallying against israels participation in the event after the countrys eden golan qualified for tonights show. Shes among the leading contenders to win, but bookmakers have placed croatias baby lasagna as favourite. Baby lasagna as favourite. Heres what fans have been saying. I think its great that they have that the ebu didnt, they have that the ebu didnt, they didnt back down cowardly from the protesters and they included israel and let and didnt like tamper with votes or anything. Anything. They let them through the final i understand it, i personally disagree with their involvement and a lot of the stuff thats happened in the past 24 hours, generally in eurov
Making a difference. Rwe go up at the beginning theyre inking a deal with italys enel. Welcome to the show. It is a brandnew start to a trading week. A lot going on today. What a busy morning we have going on the euro has turned positive afterdipping to a twomonth lo versus the yen the ftp made a surprise move to pull out of the weeks long talks with chancellor Angela Merkels conservatives and the greens citing a lack of Common Ground merkel expressed her disappointment but vowed to keep disruption at a minimum for germans. This is part of the coalition when partners have to meet each other. You have to overcome long distances, therefore, i regret with all respect to the fte that we couldnt find a common solution. The ftp leader explained why his party left the bargaining table. We wont leave our voters in the lurch by going ahead with a form of politics about the heart of which we are not convinced. It is better not to govern than to govern wrongly. Lets get out to annette whos been c