The president has arrived in japan for the g20 summit, just as he stepped off air force one the news broke that china has established its negotiating position in the trade talks. Remove restrictions on huawei, remove all tariffs. Thats a hard line. Trump meets xi on saturday. Im going to call it a flat to slightly higher market. Any loss for the dow is accounted for by boeing, which is down sharply because of new problems with the max jet and look at that nasdaq go, up half a percentage point. Big tech doing well this morning. Theres a story on bitcoin. It hit 14,000 overnight but the Coin Base Exchange crashed. When that happened, bitcoin fell sharply, currently is down to 11,700. Just look at how amazon has changed the world. Their prime days dominate the summer selling season. Now we are seeing target, ebay, walmart and others join the club, jumping on amazons band wagon with a ton of special deals of their own. Thursday, june 27th. Varney company is about to begin. Who here would a
Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open cha