Concerns over production of the 737 max jet. And positive news on the housing front, as home builder confidence jumps to its highest level in two decades coming up next hour, former treasury secretary jack lew will join us to discuss trade and the economy. You do not want to miss that and with us for the whole first hour of theshow, dan nathan from risk reversal advisers. Dan, good afternoon. Thanks for joining us. Great to be here. More optimism on trade or whatever you want to put it down to is a lot of this news not already out there . Are you surprised to see ongoing rallies to new highs yet again at the end of the day, you like to see followthroughs. So friday, we had a muted react. A lot of investors expected some kind of surge, similar to what we had at the end of 2017 after the big tax cut. A lot of this was priced in. I think the continuation of last weeks rally into this week is obviously pretty establibullish. Also fairly seasonal as we are looking down the barrel of a week
Interview with ceo of six flags chairman Jim Reid Anderson big show ahead in the brand new studio dagen, congratulations to us. J one of my paiflt views well one of you but radio city so a brand new desk and im wearing sweat pants. No youre not. I even have proper shoes on. Again it is like old bugs bunny cartoon with elmer fudd you have to have proper outfit or personality changes. Theres a camera over there so check out hot shoes all of the time. I didnt know that or make that mistake. This was amazing and i was out with friends last night in new york city on the Upper East Side five finance type people all say hello all big fans of you and you deserve this. Awesome congratulations. No it feels good. Just for those bigger guys i kind of like having the counter last tile i was here youre expose all the cay down you have to make sure your sues p suits fit just right. Were glad youre here focus on mummer this morning and get your take on what to expect former special counsel going befor
Markets where startups and Venture Capital wont even go because dominant players are so big. Now, the committee is saying that it is getting pushback from Internet Companies who allege that they actuallyvation and not well bring you all the latest back to you. Thank you well be back with you joining us to break down the are market action, megan, good afternoon to you lets check the markets. Dow is flat. S p down 0. 03 , and of course any positive close for those three would be a record alltime closing high megan, relative softness today compared to of late. What do you think is driving that part of it is trade we heard words from President Trump around the risk of higher tariffs and that is something that weve been particularly cautious about we did get a trade truce if you will at the g20 but nothing really changed there. And so i think that what we saw is a little bit of weakness from the market on the back of the reality that we could get higher tariffs down the road. But that is co
Markets at this hour the dow carving out modest gains, it would be high fer it wasnt for boeings drop you see there it is up about three quarters of a percent. Were also watching nike courtney just talking about it the trade war front and center today china playing out terms for a trade deal kayla tou Kayla Tausche still live in japan. Yeah, the president may be laying out terms this week and we know how the u. S. Might respond to them. They want a relaxation of that ban on huawei parts. The president said he is willing to negotiate on that and he expected it to come up that is not something that any u. S. Negotiator has come up with they would prefer more purchases than fewer President Trump wanted double or triple of chinas 1. 2 trillion purchase offer finally china said they want a balanced deal. They want to recognize the dignity of both the u. S. And china and as recently as this week sources tell me that they told his counter part in china that that wasnt possible because of the
President trump commenting on negotiations yesterday at the white house. They are also meeting, it actually be done before our meeting, i think we have a good chance of making a deal. I think they want to make a deal, they are losing, Many Companies are leaving because of tariffs, they dont want to pay tariffs. Dagen european trade going down on a different path, 4 billion in trade value, pasta, cheese, whiskey, metals and chemicals. Fixed Income Portfolio jack mcintyre, good to see you as always, what to make you look at fixed income, you look at the bond market, 10year close to 2 but the s p at new alltime high, who is right, because the fixed income market treasuries say slow do you know slowdown ahead . Believe it or not, they both can be right. For that to happen you need noninflationary growth because thats whats driving the fixedincome markets, obviously whats driving equity is the idea that hey, the fed is going to cut maybe 50 this month and weve got some growth, so as long as