Definitely a flight to safety today and for the entire week when it comes to stocks in general. Lets take a look at this tenyear note, the yield on that, because it continues to move lower as investors are buying bonds, the yield moves lower. We havent seen the inverted yield curve with the three month this low since september. The concern from investors here, what theyll read into it, is that the Coronavirus Impact could potentially, potentially cause a recession, and so were getting that talk circulating back on the floor again. Meantime, were seeing a big move in gold today too, another 25, supporting the idea that people are worried about the virus, the notion that the chinese may not be telling us the whole entire story and that its moving outside of china quicker than we thought. The final point ill make about this is, yes, apple said it was going to have a big impact on its first quarter, but coke saying its going to take a penny or two off the ets, but were going to hold on to
Adopted. Test captions Copyright National cable satellite corp. 2008 farmers win by doing right and they win by se questering carbon, using the farming techniques that keep the carbon in the soil, improving the productivity of those soils as well. From a Water Quality perspective, we know in a lot of places weve allowed nutrients to escape our fields. We can do better and our goal is to reduce that nutrient runoff off of our fields and farms by 2050 in that way. We think farming can be a real contributor to our air quality through Renewable Energy and weve seen that already through our ethanol and bio fuels industry, but we think we can do more in that way by creating a better environment for renewable fuels. Hopefully really moving forward with goals of 15 of our Transportation Fuel moving to that. These are all important goals, but were going to have a scoreboard that keeps track of these. Were not going to wait until the buzzer sounds 00 because you know that its progressive and wer
Know that that can hurt them as it has but they also know that it hurts mr trumps reelection bid because it hurts manufacturing farmers and others so the bit bottom line is its a theater driven by the calculus mr trumps calculus how much does the theater gain me and the how much does the theater lose me and what every resigned this coming week it will be overwhelmed by how that calculus shifts between now and election day next nor the november but if the chinese side decides to sign something that they simply cant deliver on because these are impossible benchmarks to fulfill all of us we said then wouldnt it just be a question of if not when then like how chinese will default in the socalled agreements. I think this is a bit more complicated the chinese understand that they get some real immediate advantages tariffs that were set to go into effect wall now thats been agreed to tariffs that were imposed in september are going to be either eliminated or removed its still true that half o
Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil david mcilvaine financial help us dig into the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity and news desert during those final few days of the year chinese vice premier and top negotiator leo ho will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has been released while the
Dragging this phase one out for a long time a signing ceremony translations legal scrubs more and more fluff trickling little bits of information every single day to give the markets an illusion of progress but is this thing actually going to get signed i mean multiple analysts have already came out and said that the benchmark exports set by the u. S. Are simply unfeasible as they have exceeded that of 2017 why would china agree to Something Like that. Well i think for the chinese its a question of gaining time for them this entire sauce started with the initiative of mr trump its political theater weve said for a long designed to make mr trump appear for his reelection bid as the protector of the United States making the charlie knees and for that matter everybody else in the world give the United States a better deal beating up on the foreigners for cheating thats as old as methuselah in the world of politics. Next and mr trump is trying it again the chinese know that that can hurt t