Year, the Vice President gave a speech on china which he took issue with basically the entire chinese model, the economic model, the political model, chinas, chinas stance on human rights, that was viewed then as the administrations hardline on china. So, the Vice President was set to give a speech just days before President Trump and president xi are set to have the meeting at g20 in china, however, now the white house is backing off of that. This decision comes just a couple days after of course President Trump and president xi got on the phone, had that phone call, which the president described it as productive, said there will be expanded meeting at the end of next week. The thinking here, neil, the tensions are being lowered between the u. S. And china on the trade front, just a little bit, heading into this Big Conversation next week. Speaking of tensions, completely different feel as it relates to iran, president acknowledging this morning that he had authorized a strike as reta
Between the u. S. A china will hurt a Global Economy thats already slowing and stocks lower around the world as money moves out of riskier assets and into safer ones. The benchmark yield on the tenyear treasury hit a 20month lownd stocks fell though they finished off their lows of the sessio and the Dow Jones Industrial session fell 321 points, but it had been down more than 400 points and the nasdaq dpped 60 and the s p 500 was down 19. Seema modi has more on todaysi sellg from the new york stock exchange. Stocks tumbling on an economic slowdown and the dow,p 0 and nasdaq all on pace to post their first monthly losses of the year. Trade, key concern here on wall street. It appears as if the deal between the u. S. And china i nowhere close to being reached. The worry is that growth will slow worldwe, that the investors looking for safety in treasurys and as bond yields fall, so did banking stocks. Concerns also pushing retails lo r, and the broad Energy Health care and Consumer Discret
Rate. That meeting, 2day meeting beginning trade, trade in focus, Robert Lighthizer testifying before Senate House Committee today and ways and means tomorrow. Jeff, great to have you. Thank you, glad to be here. Maria thanks for joining us, i remember when you first went public, a lot of conversation of where the growth is coming for and since then the stock is up 1,000 , congratulations. Thank you so much. You bet, last year i move today hong kong for most of the year trying to understand better the market, but in that time we figured out something thats perhaps obvious which is thethe biggest brands in the world want to advertise more in china, largest surge in middle class in china, in fact, over 1 years 10 years they will create middle class. Maria wow. Cocacola, nike, you want to be tapping into a large surge in middle class because they are Global Companies and we help Global Companies . Given the fact that companies that want to get a foothold in china so far can only do it thr
Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not
You cannot post it . How the Biden Campaign is putting them front and center in a new ad. The president s huge Fundraising Hall last month. What the cass advantage means for the general election. The 11th hour gets underway this monday night. Good evening once again. I and stephanie live from miami. We are 232 days away from election and there is big news in the world of Donald Trumps court cases and his finances. Trumps lawyers say they have been unable to get the gigantic pond in the 464 million judgment for trump and his codefendants in the fraud case. They have tried 30 Different Companies to get the bond with no luck. It would stop the Attorney General from collecting the judgment during the appeals process. Now trump is hoping a appeal court steps and otherwise they can start ceasing his assets one week from today. Meanwhile trump spent the weekend unleashing more Dark Rhetoric on the campaign trail. Reporter the Trump Campaign faces blowback amid mister trumps new inflammatory r