Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that white house trade meeting. The dow will be down 30, 40 points. Small loss for the s p. Small loss for the nasdaq at this point. Now, the president s looking good. Reports this morning that some House Democrats will not vote to impeach. That means a split Democrat Party and a hyper partisan impeachment process. Not supposed to be like that. Oh, and the brits are voting. Looks like the socialists will lose. Varney company is about to begin. Stuart all right. We are beginning with the trade meeting
Supporting hong kongs pro democracy protesters. Vue cinemas looks to resume screenings of blue story, days after it banned the film for allegedly sparking violence at some of its venues. Campaigners want the price of a bag for life to rise to 70 pence to cut the amount of plastic we use. And a special report from the black sea where major efforts are being made to stop it from being the dumping ground for agricultural and industrial waste. Good morning. Welcome to bbc newsroom live. Neither the conservatives nor labour are offering credible Spending Plans ahead of the election thats according to the institute for fiscal studies. The leading Economic Research group said that neither the convervatives or labour were being honest with voters. The institutes director said the conservatives were continuing to pretend that tax rises will never be needed to secure decent public services. Labour, he added, pretends that huge increases in spending can be financed byjust Big Companies and the ri
A move away from her state is to their rivals ferrari details and action coming up later. Hello Iraqs Parliament has accepted the resignation of the Prime Minister and his entire cabinet but ive been mad these government will continue to serve in a caretaker capacity until the president appoints a new leader i demand he handed in his resignation to m. P. s on saturday but the decision to step down has done little to calm protesters who are demanding a total overhaul of the system they blame the government for widespread corruption high unemployment and Poor Public Services and more than 400. 00 people have already died in the protests which began in october. Well im a gent jhoom is live for us in baghdad so im a dis decision largely expected but the Prime Minister and his cabinet will remain in those positions for now. Thats right house them i mean things have changed but really for the moment they havent changed because what you see now is that the resignation was accepted the resigna
Futures up by 253 points this comes after the dow was up yesterday by 230 points. The s p up by 27 points and then the nasdaq up by 92. The gains we saw yesterday were happening even though you continued to see pressure on yields in the treasury market. See how your Energy Prices and that did move stocks in the Energy Sector higher yesterday but again the idea that china is now basically confirming what President Trump was saying, things seem to sound better than they did last week for sure. Hearing both sides come out and make the arguments have been helping the futures this morning. They kind of said were not going to immediately match the new additional tariffs that he was right. So actually we would like existing tariffs to be going down. But both sides are willing to compromise and negotiate and thats a pretty significant deal. But it was their initial matching of the ones that he did. Yeah. Even though they really cant unless they raise the number they cant really match it anymor
Against the action that was taken by Boris Johnson to suspend parliament has been the parliamentary Speaker John Bercow his comments on wednesday have been called unconstitutional by some other senior members of the parliament but he was reacting as i say to Boris Johnsons plan to suspend parliament he said in a statement that this move represents a constitutional outrage the statement went on to say shutting down parliament would be an offense against the democratic process in the rights of parliamentarians as the peoples elected representatives. And the role of the speaker there for looks as though its going to be pretty critical in the coming weeks and so we can mettle to Bobby Friedman whos a barrister who has written the biography of john bercow the current speaker of the house thank you very much indeed for joining us i was just wondering 1st of all what your thoughts were on Ruth Davidson the leader of the scottish conservatives who Just Announced her resignation and whether you