simulating attacks on the self ruled island of taiwan, this comes after a meeting between the tae hwi s just taiwanese president tsai ing wen and kevin mccarthy last week. the tensions, the international monetary fund warns of severe weakness in the global economy over the next half a decade. the fund says its outlook for global economic growth for the next five years is the weakest it s seen in a while. earlier on spoke to peter mwai, chief executive of xm australia and he told me situations like these are when investors may look to rebalance their portfolios. peter mwai. look to rebalance their portfolios. peter mwai. they look at market portfolios. peter mwai. tie: look at market interpretation, rhetoric, they said there and they say ride, are there other opportunities, the certain sectors of the markets removed from or other markets to look stronger out, gold or retail versus institution or mining, so we have a degree of concern and we need to wear this one thro
Geopolitics and what is happening in gaza and israel and what is happening in ukraine and russia and the economy as so much more. We will bring you all of that conversation ahead over the next three hours. Well be showing you pieces of that interview all morning long. Andrew, your biggest take away the biggest thing you think will be most important for the markets or investors watching with us . You know, we got into the conversation which we will show you in the 7 00 hour with the euro it is likely the ecb will move ahead of the fed and that will weaken the euro. There are a lot of take aways how he is thinking about politics and we talk about the issues with china and we mentioned tiktok i mentioned that in new caldonia, where there are riots taking place, they shutdown tiktok he had pointed words with how the United States is thinking about china as an enemy or frenemy. There will be pieces of this that folks will be watching. The euro is down 2. 5 on the year just on those concerns
Stock wave in a record high. And federal prosecutors saying boeing is possibly on the hook for as much as 2. 5 billion. Its wednesday, may 15th. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this wednesday morning. H lets kick off the horde with the u. S. Futures after a mostly positive day for stocks yesterday that saw the nasdaq close at a fresh alltime high. Meanwhile you are seeing some marginal gains implied at the opening bell today. The s p 500 higher by roughly 2 to 3 points and the nasdaq up 1 to 2. Ahead of the opening bell, at least 31 s p 500 companies are now at 52week highs or better or alltime highs across the economic spectrum, across ought of them, including qualcomm, bank of america, freepo freeportmcmoran. At least oneyear highs. Also checking the bond market ahead of todays inflation rate, yields are ticking lower. The 10year ticking solidly below the halfway mark. The 2year note yie
It is not like they dont understand what we done. Not like they dont understand how critical this is for them. I am making sure the shipment start right away. In the next two hours, literally in the next few hours we will begin sending equipment to ukraine for air defense munitions, for artillery, for rocket systems and armored vehicles. This package is literally an investment. Not only in ukraines security but in europes security. In our own security. We are sending ukraine corbyn from her own stockpiles equipment from our own stockpiles made by American Companies in america. Patriot missiles made in arizona. Javelins made in alabama. Artillery shells made in ohio, pennsylvania, texas. We are helping ukraine while at the same time investing in our own industrial base, strengthening our own National Security and supporting jobs in nearly 40 states across america. United states is not acting alone. Our allies in europe and around the world who our cost asking us to step up. Were not gon
50 degrees, south bay 50 degrees and overnight lows expected to remain for the most part. So as far as i can see, based on the radar, we do have a little bit of trailing in terms of showers. 24hour temperature change isnt going to be noticeable. A slight warm up for those temperatures. I will show you all about it. We have a great way for you to track the forecast with our free nbc bay area apps. The pope used the Christmas Eve mass today to call attention to the might go grants and refugees. People who were forced to flee their homes. Heavy security for the mass and it is the fifth delivered by this pope. And knew at 11 00, Christmas Eve and forced out of his home, a house fire in san jose started in the garage and spread to the rest of the home. The owner was inside at the time. But he is okay. Firefighters say one bedroom in the home is destroyed as well as the garage. Firefighters say the homeowner has lived in the house for 40 years. Able to get him out successful. A group of teen