Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead i am jack otter. Growing concerns about evaluations as a. I. Driven tech stocks lead the market to new heights. Is that another bubble the dean of evaluation is here with his insights. Highflying stocks could experience a pullback in the near future following the markets huge rally should you buy the dip in later trouble for tesla the ev maker could be taken a backseat as competition ramps up, on the barrons roundtable ben levisohn, andrew bary and Elizabeth Obrien we will talk about three things investors should be thinking about right now. Lets start with the jobs report, William Blair called it a ruhr set, whatever you think the market is doing right now you can see it in that report. The headline number was hot 275,000 jobs was supposed to be closer to 200,000 but if you look deeper in the report there was a lot of revisions over to january and february which made it much closer
Will participate in this ceremony on the occasion of the 43rd anniversary of the holy defense. And the resistance that they imposed themselves in the war they had or are the sacred defense of the wives of the veterans. Let them be honored. From the beginning of the war until 1966, they were on the war fronts. They were looking for means. They were gathered, both those who were in the front line and those who were behind the front and we felt their presence. He had thought of everything, and iranian zeal and iranian courage in iraq, my zeal for being iranian, did not allow us to sit at home and watch the enemy come, a mahdi sharif from the city of sangar, and our country was under attack. I am proud, very proud. 47 i left sanandaj from qom, qom province , i went before their experiences from the good past in the past, the sacrifice and martyrdom of the tunnel to transfer the culture to the youth of today was formed by the bodies of two martyrs defending security in noorabad, fars provin
Yeah. Didnt scrooge send over a turkey at the end . He did something. He sent over dinner. And tiny tim was like, wow, its the best christmas. I dont know if that was the book version or the movie version. Im getting a little wait a minute there was a book huh . Yes, charles dickens. I know you know this we had this discussion there was a book it wasnt just a movie some people we know get all their news in tv which we hope is you at home. We hope you are getting your news here today. Look at the u. S. Equity futures. This is after major averages closed at record highs the s p 500 closed above 2600 for the first time as we saw this technology rally. This morning things are mixed. Dow futures up by 12 s p is down by a point and nasdaq down by 3 points. The major averages have been up three of the last four sessions. The dow had its 60th record close of 2017. The s p 500 saw its 54th record close of the year. Guess how many times, if you want to get to the record, 54 so far this year. The
Ride still means it is far too early to say hello. Welcome to bloomberg daybreak asia. I have some breaking news. South korea data coming in. Gdp numbers first. The final reading of the Third Quarter readings. They have been quite bullish in the preliminary numbers driven by exports growth out of south korea. 1. 5 are the final numbers, slightly better than the preliminary figures. Also, above what the preliminary numbers werent that were reported earlier. Inflation also coming out pretty tepid. A decline of 0. 7 . A retraction. No change was expected month on month. And year on year inflation falling short of forecasts, 1. 3 . It was estimated to be 1. 8 . And core cpi year on year toling short, 1. 2 compared the estimation of 1. 7 . Happening asion is the bank of korea raises things by 25 basins basis points. Have raised said we rates but it is still very accommodative. Paul it will be interesting to see what the bank of korea goes to next especially considering the weaker than expec
Rishaad have a look at one of the biggest shows in town, a fairly benign set at the own see helping to propel the markets in the u. S. To fresh highs. Take a look at the bloomberg terminal, telling you how things are relatively calm in the u. S. Economy. Up, and keeping inflation trying to get to the 2 level over here. This has been hovering about 1. 5 . Somethingy we have like three Interest Rate hikes in store for the next 12 months. That is what is giving a little bit of optimism to continue the rally we saw in 2017. Haidi muchneeded support when it comes to the u. S. Dollar, just bouncing off slightly and sustaining gains. It was a threemonth low as of yesterday. , but alsoore hawkish u. S. Manufacturing. The best result in three months and certainly the best year for u. S. Manufacturing since 2004. We are getting that exuberance with 30 minutes out to the opening in hong kong. Hoping to see china markets joining in on the party. Sure. Playing catchup for off the first day of tradi