Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 , largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0. 9 . Treasury yields, this has been the focus all week, yesterday the intraday on the tenyear yield was 1. 793 we are seeing extraordinary moves on a daytoday basis. Getting close to the twoyear feeling it feeling it feeling it little resecessionary feeling i. We have one other piece of Corporate News to bring you. Uber shears undehears unde s uber shears undhares un
Listen to the exchange. Sen. Harris i do not believe you are a racist. It was hurtful to hear you talk about the reputational two ors whostates senat built their career on the segregation of race in this country. This campaignhave litigated on who supports civil rights, im happy to do that. David number one, you dont want to be saying im not a racist. Number two, the thing that struck me as i think a lot of democratic voters in the primaries are saying, who can beat President Trump . Joe biden did not come across as someone who can beat donald trump on the debate stage. Alix it is the optics of a split screen like that. It just shows how much the Democratic Party has really changed in the last 30 years. David that was pointed out very explicitly, saying it is time to pass the torch. Alix which they kind of already said it some point before. In the markets, nothing is happening. Wait till sunday, when markets start opening for trading. Maybe a little volatility because the russell rebal
Mocked, the socialists on capitol hill say lets go for it again. They are offering a new green deal. Well discuss that in a moment. Attorney general bill barr says there is a legal way to get the Citizenship Question on the census this year. What is it . Well let you know and so much more on making money. Charles newer, greener at least that is the problem is Bernie Sanders and alexandria ocasiocortez teaming up yet again. They will try to relaunch the Green New Deal, a climate plan, declaring a there is a climate emergency. This after the first plan failed to earn even a single vote. So why should they expect the results to be different now . Lets ask rick ungar, the host of the rick ungar show. Fox contributor deroy murdoch. Rick, why is it different this time. It is not. Charles we have the allstar game. Basically what theyre offering up today is an emergency proclamation, a climate emergency. It is nonbinding, just as the Green New Deal was nonbinding. It is actually, from a politi
Discovered new Software Issues and financials outperforming ahead of the stress test results. Joining for the hour to break this down is josh brown. I asked you what the key stock indicative of this market is and what people are watching you said gld that was surprising. I thought that was a private conversation, sarah nothing is private with me. I said gld because it trades like a stock and the dollar doesnt but what im really getting at i really feel the dollar is at a very critical level and i mentioned it was kind of sitting on support i think what the dollar does next from here could have big ramifications for everything from earnings estimates to emerging market stocks. It keeps weakening here. It hasnt broken down since trump has been president its been fairly strong. Some would say too strong. I know he would. For sure. You asked me what are people looking at and focused on, believe it or not its the dollar again gold is huge fiveyear breakout and breaking of the down trend is
The Halftime Report with scott wapner starts right now. Welcome, good to have you with us on this friday, our Investment Committee at the desk today, josh brown, stephanie link, jim lebenthal, the chief Investment Officer at Boston Private Wealth is here, liz young is bny melons director of market strategy, anastasia from Jpmorgan Private Bank and lets begin with the broadcom story. Its one heck of a buzz kill today. Price targets cut across the board, lots of stocks in that space are down shortly, not jus broadcom, amd, lam research, micron, you pick it in the chips and its getting hit pretty hard the chips have two things working against them the first is theyre like one of the last true global cyclical sectors that exists that have any real market cap and any real size so you see a lot of people express their views about the Global Economy in those equities and obviously, the tariffs are an issue because of how much cross border work needs to be done in order for chips to be manufac