Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad for the market. Elsewhere, later today, the president leaves for france for the g7 summit. Interest rates and trade will surely come up there. They are gearing up for more big protests in hong kong. Were on it. And just wait until you hear what larry kudlow says about tax cuts. Lets get going. Varney company is about to begin. Weve negotiated with them, weve tried to move the football. They have backed away and we have taken measures through all of that time, weve had a very strong economy, weve
About synergies and the road ahead. What slowing economy . Chinese Online Retailer alibaba defies the slowdown of missed a amidst a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ipos with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three separate Mass Shootings in the united states. Cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . I discussed it with Liliana Baker and will curtain. Like many other tech ideas, ipos especially in software, it is not profitable. It has a pretty good growth rate though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been s
What slowing economy . Chinese Online Retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ipos with fleet work and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestoes on 8chan before three separate Mass Shootings in the united states. Cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform offline. So, is now the time to go public for cloudflare . I discussed it with Liliana Baker and will curtain. Like many other tech ipos, especially in software, it is not profitable. It has a pretty good growth rate though. Its really trying to look at its competitor, fastly. Fastly went public earlier this year and is doing ok. There have been some sources who were asking me why cloudflare took thi
11. 7 billion merger deal. We will talk to viacoms ceo about synergies and the road ahead. What slowing economy . Chinese Online Retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. First to our top story, it was a big week for tech ipos with wework and cloudflare filing to go public. The Web Security Company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. Three alleged gunman posted manifestos on 8chan before three separate Mass Shootings in the united states. Cloudflare stopped providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform offline. So, is now the right time to go public for cloudflare . I discussed it with Liliana Baker and will curtain. Like many other tech ideas, ipos, especially in software, it is not profitable. It has a pretty good growth rate though. Its really trying to look at its competitor, fastly. Fastly went public earl
Good Tuesday Morning welcome to squawk alley. Im jon fortt with Morgan Brennan and sara eisen carls got the morning off the art of the deal. Stocks up for a second day on renewed optimism for u. S. china trade talks. At the g7 meeting in france, President Trump told reporters that china will come to the negotiating table, whether it likes it or not. Im not sure they have a choice and i dont say that as a threat i dont think they have a choice in the meantime, the United States, which has never collected ten cents from china, will, in a fairly short period of time, be over 100 billion in tariffs. So, i think they want to make a deal, very badly those tariffs, of course, not coming directly from china joining us now, scott clemens, brown brothers, harryman, ceo of private wealth management. Also with us, mark mahaney, managing director and lead internet analyst guys, good morning good morning. Scott, youre optimistic about a trade deal and about the economy in general, because of consume