David if they could get the pay equal to the americans we would have all would be all set. Finals on sunday, right . Scarlet yes, it should be a great match. Cant wait. David neither can i. Scarlet looks like were going to have a higher day on wall street, building on gains after the s p set two record highs the last two days. A lot of data coming up over the next hour and a half. Weve got factory orders, durable goods, i. S. M. Services and euros, slightly firmer against the dollar. P. M. I. Improved in june. But all the growth is really in service, not in manufacturing and the demand for havens continues. You can see the green color showing buying and treasuries, bringing the yield down. 1. 95 . And with that demand for havens, extending. G gold euros sixyear highs. David its time for the morning brief. This was coming up today. Were going to get u. S. Trade balance data for may may. Around 9 15 this morning, ford will be releasing its latest sales for america. And we get june Market
What is the distance between an inflationary narrative and something similar to goldilocks . That will be the key question. What is the difference in terms of how big the change has to be in the number for people to either be talking about gloom and doom or everything is perfect . Annmarie he said stagflation risk off. If it is north or at 225, goldilocks back on. Jonathan he does not detain stagflation. Looking at apple. Up i almost 6 . Sales declined less than fearful. Lets talk about the financial. The biggest stock buyback ever. 110 billion. The top five biggest buybacks in the history, it is apple, apple, apple, apple, apple. Lisa is this a growth stock or value stock . Is this a stock that has so much money and a company that has so much money the best thing you can do that is give it back . That will be a key question of how you value some of these names that have become more established in their upstart beginning. Annmarie it is a massive buyback but it is only 4 of total Marke
The adp employment report in july ahead of the jobs numbers on friday and at 8 30, the treasury refund announcement. They are refunding the treasury. They are going to be trying to limiting the effect of the fed reducing its Balance Sheet. Also what 8 30 this morning eastern time, alix steel will interview Goldman Sachs Ceo Lloyd Blankfein. Lesters speaks at a business conference, and John Williams speaks in las vegas on Monetary Policy. Late yesterday we got news of Apple Earnings for its Third Quarter and the tech giant Beat Estimates on earnings per share, robust growth and strong projections on revenue for the rest of the year. Here to take us through the numbers is angelo zino. He has a 170 target of the price and is joining us from adam sitslittle as area, bloombergs tech reporter. Give us the numbers that are most important to you. Adam the biggest thing is now about looking forward. There have been some concerns about the next iphone that adam apple will be producing will have
Accusation from decades ago. Athena jones is here with me. Give us the context of what happened. The details. This is causing a political stir. It is because trump is the run if sore anything he says is going to get a lot of attention. This comment appeared in an article posted last night to the daily beast web site and it came about because the reporter who was inspired by Donald Trumps own remarks at his Campaign Launch back in june. This reporter said hey, lets look into trumps past find out if anything has been said about him on rape. During the reporting, that led him to trumps lawyer Michael Cohen leading cohen to make that erroneous statement about rape. Cohen also threatened to sue the daily beast, threatened to sue the reporter and ruin his life. And cohen has since issued a lengthy statement. He has. Ill read the whole thing for you. I believe we have it. Cohen says i want to clarify a statement i made to the daily beast. As an attorney husband, and father there are many inju
Off other women beyond Stormy Daniels for trump and giuliani didnt stop there. He also had quite a few things to say about the Mueller Probe and trump owes strategy going forward. Are you confident the president will not take the fifth in this case . How could i ever be confident of that . When im facing a situation with the president and all the other lawyers are in which every lawyer in america thinks he heed be a fool to testify, it ive got a client who wants to testify. Please, dont he said it yesterday, and, you know, jay and i said to ourselves, my goodness, you know, i hope we get a chance to tell him the risk that hes taking. Well, lets get right to cnns Boris Sanchez at the white house. Boris, we also learned and heard from giuliani about what would happen if mueller subpoenaed the president as well as his thoughts on president ial seen from the president s legal team before when it comes to discussing this special counsel. My colleague dana bash spoke with Rudy Giuliani short