Regarding microsoft. Some people did not like the quarter but now we have something that puts them right it not passing in terms of the growth google and facebook among a certain demographic that people want which is the 18yearold demographic. I go on tiktok and there is a good one right now about Federal Express delivering packages versus u. P. S. Versus the post office david, your kids may like it at the same time, its got a lot of viewers it does 80 million here in the states. Yes, one of mine does typically it does skew more female than male and the other one doesnt but this is a fascinating situation, guys, for any number of reasons unlike anything i can recall having seen in part because the government is so deeply involved inbasically dictating the potential sale of a business to one company. And it really ends up being one company. You know, as you guys know, ive been following this to a large extent over the last few weeks and it was a difficult thing to imagine. How would go
Saying his call was wonderful. The white house was already trying to keep the record under wraps. Thecycle Fitness Company third worst unicorn debut since the financial crisis. Woworks cash plans go awry. Shery lets get you started with a quick checkup on how markets closed. It was a broglie risk obsession with stocks losing ground, at treasuries advancing, and the dow lost 80 points. The s p 500 lost. 25 which was the fourth decline in the last five sessions. We started lower given the whistleblower complaint in that impeachment inquiry against President Trump was released, but then, this was exacerbated after u. S. Officials talked about that temporary waiver for u. S. Suppliers to send their products to huawei. It could probably not be extended. Market sentiment was rattled. The nasdaq fell. 6 . Energy was the biggest loser despite the fact that we did see crude prices recover after we heard reports that the u. S. Would be sending military equipment to saudi arabia. U. S. Futures at
Banks in europe are having a pretty solid day as well. The frank for motor show is underway. The pound catching a little bit of a bid today. Basically, what is happening in the stock market, weve got like volume. We are seeing a rotation. Banks and autos doing well. The cyclicals are doing well. Defensive bond proxy type names not doing so well today. Vonnie we have a treat now because we are sticking with markets and the economy. Investors ought to be keeping a close eye on a series of moves from world Central Banks as recession concerns in the u. S. Grow. Lots of metrics pointing to a potential slow down. We are joined by ed hyman, evercore isi chairman, a top economist for almost 40 years now. One of the things you do that is so amazing is you have a whole series of your own indicators. You survey all sorts of industries out there privately that dont get surveyed by the government. What are you seeing from those surveys right now . Ed in general, they are pretty good, although i hav
Edward lawrence is at the white house. Jackie deangelis on the floor of the New York Stock Exchange and grade did Grady Trimble watcg the oil and gold from the cme. Edward, what is going on . Reporter labeling china a currency manipulator trigger ad process to allow the International Monetary fund to mediate negotiations. These negotiations over currency though of the Treasury Department working on a report hassing suggestion for china to get off the list. In that report will be a few suggestions already that the u. S. Would like to see the trade imbalance between china and the United States come more in line. They would like to be, see china more transparent on their exchange, how the Currency Exchange actually works. As well as chinas reserve management operations. They want to see more transparency there. The central bank of china says they do not manipulate the currency although today the yuan stablized against the dollar. The administration is saying this is more than just about c
A goal of to thousands of my goods down in the atlanta, one of the cap sizes we visits that home village a desperate for a john to over saying the prosecution of donald trump and grand jury members have their identities published online plus, struggling to eat in am and store and food and fuel prices add to the suffering of the 9 years of civil. The defense states from the west african book echo as a Constitutional Order will be restored in asia by all means available there in government to discuss military intervention, informing the crew last month in news. Uh, his name that truly does have ignored calls to reinstate to pay his presence mohammed by the magenta is planning to charge him with treason, eco associates giving diplomacy a chance, but options are on the table. The serials is the sides. Ill stick here, but that theres no going to buy that. It was about this and we just wanted to tell them that a new phone, them about the results of the equal access of states and government t