Especial good morning on sirius xm channel 119, and the path of hurricane laura. That will be a long pass of rain over the next number of days. It is a natural disaster, and every expert says, not that it will affect national gdp, but nevertheless a profound storm. Lisa it really raises the question of what resources the United States has to do with a storm of this magnitude, the biggest storm hitting the u. S. In records going back to the 1800s. How much we have to combat this at a time of such economic distress. Tom galveston here, i believe, and the sunrise over to lake charles and onto new orleans. The path really centered right on the louisiana western border and texas eastern border. Landfall with 150 miles per hour, a scope back to 1856. We fall back to the jobless claims in 28 minutes. We are numbed by one million a week. Lisa i dont understand the relationship right now between the economic at and markets. We are at record highs for the s p and nasdaq, a little off that, and y
So thats correct. Meanwhile white house chief of staff mark meadows told reporters tuesday the mandated review of the agreement had not been rescheduled as of yet but insisted trade representative robert lie highs or has been in regular contact with his chinese counterparts now the Chinese Ministry of Foreign Affairs for their part spoke more broadly about the strain on u. S. China relations on wednesday. At present sino u. S. Relations in serious and difficult times because for some time the u. S. Government has unilaterally troubles and one tonally adopted in the series of words of interfering in chinas internal affairs chinas interests in seriously damaging u. S. Relations we urge individual american politicians who are proceeding from the well being of the people of china the United States and other countries in the world to listen to the voice of the International Community to which cold war thinking to look at china and sign a u. S. Relations objective to walk in the opposite dir
Index climbing sharply higher. In the month of august, the cyclicals are leading the way on the year. It is all about tax. It is all about tech. Interesting to see how the month of august plays out. Right now a sleepy summer day. Taylor it does not look like it will be sleepily for much longer. August goes quickly. It is a volatile month. We are in an election year. Abigail it is interesting because there are lots of reasons to think we could have a volatility spike, including the fact we are in the seasonally higher volatility time, august, september, october. The vix curve speaks to a big spike in october. The panic index is at levels close to where it was prior to the selloff in february and the selloff in 2018. The fundamental backdrop for this is despite the fact we have a better initial jobless claim today, which is excellent, but it is still extraordinarily high. It is not even put the financial crisis you cannot see the numbers around the financial crisis relative to where we a
So sit on the open much to me mama its just that i know i know. This is boom box the one business show you care to forget miss job or in washington coming up. I postpone thoughts with johnny you know why i dont want the. U. S. Trade talks with china have been put on hiatus after President Trump claims he does not want to speak to the agent power we dig into the comments of what it means for Trans Pacific relations in the age of kobe night team plus the u. S. Dollar is struggling to stay above read. The lows as the Federal Reserve minutes are taking center stage we bring in insight from a former fed insider our what to expect in the nations central bank and later bull run has picked up again uncertainty of the 10 demick what is the hype here to stay we have a boom bust table standing by to catch us up on the crypto search show today so lets dive right in. And we leave the program with the latest in trade negotiations and trade negotiations between the United States and china u. S. Presi
A planned aug 15th review of the trade agreement between the 2 sides continuing its criticism of chinas handling of the crow virus pandemic. You know why. I dont want to deal with what they did. Or i dont want to. Go out. To the world. They stop them from going. So thats correct. Meanwhile white house chief of staff mark meadows told reporters tuesday the mandated review of the agreement had not been rescheduled as of yet but insisted trade representative robert light has or has been in regular contact with his chinese counterparts now the Chinese Ministry of Foreign Affairs for their part spoke more broadly about the strain on u. S. China really. At present sino u. S. Relations in serious and difficult times because for some time the u. S. Government has unilaterally troubles and one tonally adopted in the series of words of interfering in chinas internal affairs chinas interests in seriously damaging u. S. Relations we urge individual american politicians who are proceeding from the