Signs of optimism heading into the g20. The lack of bad news is probably good news. Kicking the can down the road will be just fine. We will end up with a stand o ff agreement. Not to disagree so violently that trade talks writedown. You get a reset to restart the discussions. We will continue talking. If things go bad, we could be panicking on monday. Lets say there is an escalation. They storm away from the bargaining table. That that will probably cut by 50 basis points, not 25 in july. David joining me is leduc, and coming from our Princeton Bureau is ira jersey of bloomberg intelligence. David, we just heard about the g20. The show, what is the key risk for questions or questions you are hearing from clients, is all about the g20 . Questions are what is happening with the g20 and more broadly, trade policy, trade risks in the market. The other thing they want to know about is the fed, are they going to cut Interest Rates this year, how are these related, what will happen . Taylor
The lack of bad news is probably good news. Kicking the can down the road will be just fine. We will end up with a stand still agreement. Not to disagree so violently that trade talks writedown. You get a reset to restart the discussions. We will continue talking. If things go bad, we could be panicking on monday. You get a lower market. Lets say there is an escalation. They storm away from the bargaining table. That that will probably cut by 50 basis points, not 25 in july. You dont need tenors to go away. Taylor joining me is ken taubes, david leduc, and coming from our Princeton Bureau is ira jersey of bloomberg intelligence. David, we just heard about the g20. We were talking coming into the show, what is the key risk or questions you are hearing from clients . Is it all about the g20 . Questions are what is happening with the g20 and more broadly, trade policy, trade risks in the market. The other thing they want to know about is the fed, are they going to cut Interest Rates this
To fresh record highs. We start with the big issue. Signs of optimism heading into the g20. The lack of bad news is probably good news. Kicking the can down the road would be just fine. We probably will end up with a standstill agreement. Not to disagree so violently that trade talks break down. You get a reset to restart the discussions. Further discussions. Further meetings. Well continue talking. If things go bad, we could be panicking on monday. Lets say theres an escalation. They storm away from the bargaining table. The fed will probably cut by 50 basis points, not 25 in july. You dont need tariffs to go away. The fed is going to be dovish. Taylor joining me in new york is ken taubes, david leduc, and coming from our Princeton Bureau is ira jersey of bloomberg intelligence. David, let me start with you. We just heard about the g20. We were talking as we were coming into the show, whats the key risk or questions youre hearing from clients . Is it all about the g20 . Yeah, the key
Youre always here to correct my ademocratic showdown. Candidates take aim at big business, spar over health care in their first 2020 president ial debate and boeing shares under pressure this morning, amid growing u growi growing uncertainty about when the 737 max is going to return to service lets talk markets this morning. Trade continues to be the focus, as it has been for so long it does appear at least according to reporting from the wall street journal that weve gotten a series of potential points from xi as to what his expectations may be. The key one amongst them, certainly tying trade specifically to the treatment of washington w huawei, which has been such an important component overall. We want to get to kayla, who i think joins us now shes with President Trump, whos arriving in japan for the g20 summit amidst all of these questions about trade and the ask and what will be received, kayla. Were just a few miles away from President Trump, who has turned in for the evening. Ap
Drone, intentions pick up in the gulf. Kathleen we have to take a look now at how u. S. Stocks ended. Look at the numbers on the stock s p 500, a record. Hit an alltime high in april and now was at another alltime high. Close. At the it was up a full percent at the end of the day. Almost a point as well. The dow across the board looking pretty good. We can see the futures pointing a little lower. Hard to say why. A big rally started yesterday at the fed decision at the Powell Press Conference where he made it clear the fed is tilting definitely toward cutting rates, so maybe a little bit of give back while markets wait for asia to open. Lets go on to the bond market because again, a rally kicked off yesterday in the bond market. It continued around the clock. At this point, the 10year note is around 2. 02 . Got down to 1. 96 percent. Is not surprising they take a little bit of a pause to see what the future data is. A vice chair of the Federal Reserve on blue on blooper television on B