Check on markets. Some positivity still feeding through the back of that china data that came in better than expected in terms of the retail sales. S p futures on the front foot, up. 2 . Four days of gains. Closer to above 3000. How much farther does the rally have to go. We look ahead to earnings. The 10year yield is backed up a. 2 curve. Lets get the bloomberg first word news. President donald trump has been accused of racism this after suggesting four female lawmakers to back to their crime invested crime infested places they came from. Of the four women were born in the u. S. And are racial or ethnic my own minorities. The purchase of a Russian Missile defense system. The u. S. Says deploying the missiles jeopardized a fighter jet. The white house as picked a package of sanctions for turkey with an announcement coming soon. Dozens arrested as protests continue in hong kong. This includes clashes with the police in a shopping mall. Emmis traders were demanding demonstrators were dem
Information on a political opponent. I think i would listen. Theres nothing wrong with listening. If somebody called from a country, norway, we have information on your opponent, i think i would want to hear it. You want that kind of interference in our l elections. Not interference. They have information. I think id take it. Paul the president told fox he would report it to Law Enforcement if he thought the information was, quote, incorrect, or badly stated. Lets bring in wall street journal columnist, Dan Henninger and ki kim strassel and bill mcgern. What do you make of the president s statements . It was something he should not have said. We dont like foreign governments meddling in our elections. What the russians did with the bots and websites and all of that was not a good thing. So that was a mistake. But i wouldnt build it into a mownen the, i think it mountain, i think it was more or less a double dribble. The president has to understand hes in reelection mode. Every time he
A Foreign Government offered him information on a political opponent. I think i would listen. Theres nothing wrong with listening. If somebody called from a country, norway, we have information on your opponent, i think i would want to hear it. You want that kind of interference in our l elections. Not interference. They have information. I think id take it. Paul the president told fox he would report it to Law Enforcement if he thought the information was, quote, incorrect, or badly stated. Lets bring in wall street journal columnist, Dan Henninger and ki kim strassel and bill mcgern. What do you make of the president s statements . It was something he should not have said. We dont like Foreign Governments meddling in our elections. What the russians did with the bots and websites and all of that was not a good thing. So that was a mistake. But i wouldnt build it into a mownen the, i think it mountain, i think it was more or less a double dribble. The president has to understand hes i
Sides, janet yellen does not want a boom bust economy. She just wrapped up remarks. Itnne that q a just ending and. A fireside chat more than a question and answer panel. Very lighthearted moments, talking about her first days and weeks as fed chair as she does wrap up one of the last speeches we will hear from her before she steps down as fed chair. A lot of talk about inflation as well. Betty saying the fed is not certain low inflation is indeed transitory. Pretty significant headline coming from her. Mention, wideranging talk from everything from her first days at the fed, do the most interesting person is she has ever met. Certainly covered a lot of bases. As we digest these headlines from janet yellen, lets get to the first word news with jessica summers. Jessica the mexican peso weakened against the dollar. Robert lighthizer says there is no evidence canada and mexico will seriously engage in renegotiating nafta. This follows a fifth round of talks. They fell short of working on
David it is shaping up to be a very interesting friday. The stories of north korea. Dollaryen giving at the moment. The moment. T this activity story of cutting ratings in china. Already know. T we basics, the core of the issue is the amount of debt on the chinese economy has outpaced the size of the economy. It might not be the same as back in 2009. To othercompare china developing economies, that should not be at these levels. Downgrade. S haidi are the ratings agencies behind the curve . People who have been watching china has been saying this is a ticking time bomb. At one point we are going to have to deal with this. Just kicking the can down the road instead of the leveraging deleveraging. They getting from the amount of credit being used to drive growth. Not really a happy friday for asian markets. More riskturned a bit off. Trading higher from the session low. Of northr a report korea saying countermeasures may mean an hbomb test. When you look at what is happening with the eur