Open, wall street looks to close out a recordsetting week. Peacock joins the streaming wars, how comcasts forthcoming platform looks to separate itself from the streaming flock. Joining the four comma club, alphabet more than 1 trillion all together more than 17 of the s p 500. Stocks looking to hit new record highs upbeat news on the economy as Housing Starts rise in december to their highest level since 06 up 16. The and just to put that into perspective we are looking for an increase of 0. 4 amazing, and of course the commentary from tepper and druckenmiller over the past half hour has done a lot. Its fed in the same direction. Well pick apart if weather was a factor in the Housing Starts and the rest but that is when the equity futures took another leg higher when the numbers were reported comes after we got other good housing data its become very hard to decide that the headlines are going to get in the way of a market thats been on this autopilot higher the guys like david tepper
Week price premier will lead negotiations for china is telling dignitaries his offer to the u. S. Will not include commitments on reforming chinas industrial policy. These are some of the big demands the Trump Administration has been making in the trade talks. Update now on the crisis in hong kong. The city is struggling to recover after a night of violent clashes. Protesters defied government threats with Wearing Masks and were met with tear gas they were threatened with a year in prison for hiding their faces. Police arrested dozens of protesters and bussed them away under new emergency laws chinas military threatened to arrest protesters who aimed laser lights more protests planned for tonight. Some grocery stores, other businesses have reopened after closing early yesterday. The metro is only partially functioni ining hooch of serious and in the just dont tweet about anything anymore section of our news today, also making news the general manager of the Houston Rockets of the nba h
Hedge. Our next guest says that apple, netflix, and facebook are recession resistant. Were joined by steve malonovich first. Its been up and down m micron had a tough number. But tech is holding in yeah. I wonder i mean, where do you think how would you characterize sentiment right now if not on tech than on faang alone . We actually did a survey earlier in the week. And on tech overall, investors are moderately bullish for the quarter and next year. However, theyre much more balanced on faang. Obviously with the regulation concerns there, there are some worries about faang. For the most part, the big cap tech names are holding in. I got a question for you on sometimes faang member apple whose headline is out about them this morning suggesting that iphone 11 demand is better than expected but ive got two buckets of concern about apple. Im hoping you can adjust. On the near term side, it has to do with supply because of the looming threat of tariffs december 15th. Might apple be orderin
Against the dollar late yesterday. The u. S. Treasury in the day labeling china a currency manipulator. Since then Chinas Central Bank has stepped in we well speak with white house chief Economic Advisor larry kudlow in a few minutes. You and i were talking yesterday, jim, about what we might expect in the market during the course of the day the move down in yields and the 10year in particular also caught a lot of peoples attention. Here we are a day later. We looked like wed be down sharply after other markets opened down. We have now rebounded at least in the futures market. What are your expectations i think that you cant buy enough opening there was a lot of money committed on the sell side i dont know how much short, between when we announced there was going to be designation and probably right to the special last night apple 185, microsoft down 5, facebook down 20 these were very big prints over and over they just kept hitting the bids, hitting the bids, hitting the bids they wer
Emerging says one analyst and its not too late to get in on the action he is here with the trade and the upside of this industry. Now a check on the markets the major averages are rebounding, but the chart of the day right now once again goes to new York Community bank corps. Believe it or not. Down more than 40 so far on reports thousand that the bank is seeking a major Capital Infusion from outside. And thats where we are going to start with these green markets, a very deep red picture, and leslie picker has the details on nycb so it appears to be that this would be an Equity Capital raise, and that they reached out to a variety of investment firms. My understanding in talking with a couple of indirect sources over the last few minutes or so is that this is likely a lot of these conversations are more in the private realm opposed to public investors and that they have been going on for quite sometime, because one of my Big Questions was, why is this coming out on a wednesday typicall