Inflation and pmi. A brutal bond selloff. Called it here on the show yesterday. Yields up seven basis points. Time now for the global exchange, where we bring you todays market moving news from all around the world. Joining us from hong kong is bloombergs stephen engle, from , and london, tadeo guy johnson and dani burger, and in washington, kevin cirilli. In hong kong, protests are intensifying. Stephen engle joining us for more. What can he tell us on the ground . Whats happened . As you can see over here stephen as you can see over here, police have formed a line. There have been some sharp words between officers and people on the mezzanine level looking down lotsthem, keeping lots of of swearwords in cantonese going back and forth. This is a cleanup operation by the police after what was a very raucous national day celebration, if you will, or commemoration of the national day in china. Here it is a very different feeling as protesters, tens of thousands of them, came onto the stre
Hurting the economy. Retail sales and Hotel Offices tumble. Tourism from china sliding more than 40 . Shery later on Bloomberg Technology global link, we will talk about airbnb charting an unconventional path to the Public Market and how vcs are looking to disrupt the ipo business. Lets get you started with a quick check of the markets. U. S. Futures gaining 1 10 of 1 but this after we saw the s p 500 fall the most in about a month. We have the s p 500 finishing below its 50 Day Moving Average of 29. 48. Every sector turned to the red after we saw that we u. S. Manufacturing number appeared we had industrials leading the declines, not to mention banks moving lower as we had raising pressure towards the 1. 6 level. High volatility was pretty and the vix headed towards the 20 level as we have had october very volatile, if not the most volatile month of the year. That also having an impact on the markets. We are seeing u. S. Futures slightly higher at the moment. Lets see how asia futures
I think weve have you here every year since then. We are thrilled to have you. His newest book it was released late may in addition to authoring over 30 books. A columnist and media commentator. And a researcher in the developing world. To the childhood and during the wars centennial. He is working on a novel set during the cold war and is a contributor to the Hoover Institute on the publication or military history in the impact on world affairs. It is terrific, thank you for coming. Many of you would not want to be in this airconditioning you want to be out in the 95 degrees heat. I was also a very bad musician. I was talking about darkness in the new book. In the sense the talk today might have been titled chancellor bill although it has been and is as the latest operational triumph nonetheless that victory was a very expensive one. And i will just give you a couple of fine points right now and then we will do more of the background and the battle. We are at gettysburg after all. The
Edition of hannity. Well, it looks like tonight juno breaking news. Rfk jrr after being treated lin garbage by the entire Democratic Party and the media mob is now planning to announce ,according to reports, a third party run for the presidency. Son fo what impact will that hai on the race . Thats anybodys guesss as ofs now. Well have details coming up straight ahead. Also also tonight, well, we are at the end of what is another disastroussterous week for president joe biden. Look at this. The vast majority of americans he believe joe is mentally, physically incapable of bein ogr president. He could barely walk down the baby steps of air force wit one, even with no Special Shoes since they started operation keep joe from falling. His own staff Working Overtimepn to keep that from ever happening again. In and what so far got off toa pretty bad start. He looks terrible. And by the way, hes now drawi literally drawinngg comparisons to the crypt keeper. I mean, he just looks awful. Hes now
Josh, the store opening with a big product launch, not what it used to be, right there were the days when apple didnt do preorders. If you wanted to be the first with the product, you had to wait online. This time its very well choreographed. Im guessing there are more apple employees there maybe than there are people in line am i right no, absolutely, john. When i got here this morning, the lines not as strong as usual, although ill tell you, it has picked up now but i did talk to some people earlier who had been waiting in line and were expecting more people, but listen, we talked about that this morning, in some sense that might reflect consumers Shopping Habits have changed, people are more comfortable ordering phones on line and this is a different rollout. This is a staggered rollout this year with the iphone 10 coming later. That might also be having some impact analysts, though, so far are not going to look at those lines as some kind of honest proxy for demand, though, john be