Actually also at the top of the leaderboard. At the bottom of the leaderboard, a lot of health care names. To be clear, this was a pretty even trading range. The smallest range since december of 2017. Romaine lets dive deeper into the action with all of our market reporters. Abigail i am looking at an area of outperformance, the emerging market index. Here it is over the last six months, up about 9 . Huge outperformance. Up eight of the last nine days. We also see that this recent action takes it above highs. We are also seeing a breakout. Forould be the new hot area 2020, but the breakout is not convincing. High back intime 2007, then down in the financial crisis. It basically stock in this range. The breakout that was so impressive on the year, not as impressive on this longerterm chart. Bowls have some work to do. Renita i am looking at eli lilly, which was up to its april high earlier today, which has since paired some of the gains. Revenue is expected to grow. Bloomberg intelligen
Pelosi said congress had no choice but to pursue impeachment President Trump. At a press conference she was adamant that the actions with ukraine under my National Security by hurting a key ally. Ofwhen we see a violation the constitution, we have no choice but to act. And the evidence is clear that the president the president has used his office for his own personal gain. That with thedded july phone call when the president said the july phone call was perfect, she responded that it was fatally wrong. Asia, the tour of combat urging ties to poverty. The United Nations considering thailand a key trafficking destination as well as a key source of forced labor and sex workers. Twitter says it will start letting users hide specific replies for the tweets they post. The change provides a degree of control that could be used to keep spammers away or hide inappropriate replies. It will be rolled out globally. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2
Mornings with maria begins right now. Maria wall street journal Wealth Management reporter, secret of wealthy womens podcast veronica. Weve got the update too, mark cubans mavericks lost to knicks. Im coming back, we are getting the revenge game, yeah, he didnt do it, so. Maria it was close, though, i looked at the score in the middle of the night just to check it, just a point between them and then it went. The knicks won. Im sure mark cuban has a lot to say about that this morning. That was tough. Phase one deal, theres a lot of debate about that i just want to say the chinese yesterday were going to buy agriculture and the u. S. Side does not want to take away tariff increases planned in december, having said that, larry kudlow said they are close. The president is looking at it and the s p hit record territory. White house economic adviser larry kudlow says talks are in final stages but President Trump not quite ready to sign it yet. We have october retail sales coming out in 2 and
Been Holding Interest rates at abnormally low rates right this is nuts it only encourages it increases this behavior absolutely this is kind of what drove everybody to borrow more because debt is cheap why not take on more debt and thats actual thats must been happening corporates have now been issuing junk bonds at record levels record levels and they are deeply Indebted Companies that d are actually using debt to pay off equities so theyre kind of just like borrowing money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104 1000000000. 00 into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the economy unless were not only that
There. Chinese vice premier liu spoke with u. S. Trade representative Robert Lighthizer and treasury secretary steve mnuchin. The Ministry Says they discussed issues related to a phase one deal and agreed to maintain communication on the remaining issues in the phase one talks. So, we are still very much in phase one talks. Bumping up against that december 15th deadline, though. Right. When you are expected to see new tariffs go in. Right. Thats been the big question do they do it its obvious they dont want the tariffs put in will enough progress be made at that point to say, okay, we wont so you think maybe not a deal by december 15th, but maybe enough of a deal to be able to i dont know. China trade wars are so 2019. Pushing into i just think you need to just, when we talk about beyond and impossible meat, i think you need to look into the future a little bit i just think you need to anticipate, not react. I just think it helps. What do you think happens before december 15th do you t