In the power of partnerships to lead change. I would like to thank the center for Global Security analysis and our wonderful partners in the museum of American Finance and the cfa society of new york who are sponsoring todays conversation. The centennial series was designed to shine light on emerging and important trends. One of the things we realized is reflecting on our history provides new insight into the current challenges that have disrupted and changed industries and Business Models. Todays session focuses on the challenges leaders at Jpmorgan Chase and Companies Face and survive as seen in the latest book jpmorgans fall and revival how the wave if consolidarion changed americas premier bank. I am very proud to say jpmorgan is the largest employer of business graduates and i know many of them are on the webinar today. The session will take place in a few parts. David cowan, president and ceo of the museum of American Finance will introduce Nicholas Sergeant and Consuelo Mack and
Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
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
Looking at the european stoxx 600, some downward pressure. The focus is on the trade deal. It is a partial trade deal. Will not round tariffs go into effect. A lot of focus on the chinese economy. The other big story is brexit. 125. 66 is where we are seeing cable at the negotiations are ongoing. And there is a brexit summit as we like to call it with eu leaders in brussels on thursday. Coming up on bloomberg surveillance we speak to the former fed governor. Nobel also expecting the prize in economics to be announced later today. Let us get straight to the bloomberg first word news from new york. Says he ist trump ready to go with more tariffs on turkey. This comes after the u. S. Withdrew troops from the north of the country but the move has pushed kurdish fighters into the arms of president assad. Forces from the Syrian Government are returning to the northeast for the first time in years. And spains top Court Sentenced cut elan separatists catalan separatists to 13 years. Former cat
Im courtney reggen in for sara eisen thanks for having me its a great day to be on wex on friday happy friday to everyone watching our top story, countdown to shutdown lawmakers have under 19 hours to pass a spending bill or else the lights go out in washington. The republicancontrolled house okayed a temporary funding measure late last night but now the senate must approve it so far its unclear whether or not they will. Senate democrats are holding their ground demanding an immigration deal they have until midnight tonight. The last time we saw a Government Shutdown was 2013 it lasted for 16 days. Well have much more on this developing story coming up well see how the markets are reacting to the d. C. Drama a marginally higher open on wall street, the dow higher by 15 points, the nasdaq higher by 21, and s p 500 higher by about 4. Throughout the day yesterday the markets did slip as it got more and more evident that we were getting closer to the shutdown we had that late vote by the h