Policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainable growth that has polluted the environment and lead to an explosion in debt 29000. 00 ended on a solid no with industrial output investments and retail sales all rising more than expected however chinas annual aluminum production fell for the 1st time in 10 years and unsurprisingly chinas pork output plunged to a 16 year low as the african swine fever killed millions of pigs down 21 percent imports of pig pork surge as china is also the worlds biggest pork consumer which in turn caused chinas food prices to soar to an 8 year high. This is fascinating because weve seen actually World Markets react in a positive nature due to these numbers despite the g. D. P. Of china going down now we kind of expected this and this was all because we couldnt maintain those double. Numbers correct correct its because it is now a
A couple of aluminum outages this past year there were a couple accidents and explosions in the factories and that contributed to the decline in output so if you look at the output for the overall metals and Materials Market which includes Aluminum Steel market 10 copper etc that is actually up 3. 5 percent exactly in line with expectations and also hitting an all time record high and its interesting to see whether this will actually take effect into the phase 2 if steel and aluminum because that was a big portion of why trump started this trade war in the 1st place was the what he called characterizes as the Illegal Dumping of inferior steel on the u. S. Market so well definitely take a look at that as we move forward. The strikes in france. Really strikes in france to do proposed reforms by president Emmanuel Crown have been ongoing since early december while the numbers in the streets are dwindling the lose museum in paris was forced to close friday as dozens of protesters block the
Affects you im christiane and im bridgeboro washington heres what we have on death. Despite a breakthrough in transpacific trade talks the chinese economy is slowing but do the numbers tell the whole picture well dig into the details plus transport strikes in france are still raging on r. G. P. Correspondent Charlotte Dubinsky brings us the latest from paris on the impact the movement has had on the nations economy and later facebook is yet again back on the fire as a social media giant has found itself in federal court for anticompetitive practices r. T. Correspondents and months as they are that is standing by to take a deeper dive into the controversy and what maybe it had by the embattled tech company pack show today so lets get to it. Official figures were trying to show the country expanded by 6 point one percent and 29000 year over year which is the lowest figure and 29 years last year china has struggled with weak domestic demand and suffered impacts from the bitter trade war w
Start. Up 15 since the beginning of the year, and it just got a huge upgrade. Its our call of the day netflix, ibm, intel, and more, a ton of big names report earnings next week. Well get you set up the Investment Committee is ready to go. Halftime report starts right now. All right. Good to have you with us on this friday our Investment Committee, jim lebenthal, josh brown, steve weiss, and shannon shikosha. Lets begin with the markets. The s p set another new record high today all three averages in fact doing so word this morning from appalo a appaloosas david tepper saying at some point the market will get to a level that i will slow down that horse and get off. The fed put money into the system, china tensions eased, and the sign seemed clear to him about where the market wasgoin to go whereas there was a lack of clarity in the months before that because of all the noise around china trade it outperformed in december and january. It is a fair bet tepper has been adding to his indiv
The billionaire businessman elon musk is cleared of defaming a british cave explorer after calling him pedo guy on social media. And coming up at 5. 30, hype building for the long awaited re match, with anthonyjoshua facing andy ruiz tonight. Find out about that and more, with our sports bulletin. The internet message forum, reddit, says it believes a leak of sensitive uk us trade documents is linked to a Russian Campaign to influence voters. The dossier, which runs to several hundred pages, was highlighted byJeremy Corbyn in labours claim that the nhs would be on the table during us trade talks, something denied by the conservatives. Labour says the release of the documents was in the public interest, and neither the uk nor us governments have denied their authenticity. Reddit have issued a statement explaining their actions. It says we were recently made aware of a post on reddit that included leaked documents from the uk. We investigated this account and the accounts connected to it