Before she hits the ground shes going to want to step aside good monday morning welcome to squawk alley. Im Carl Quintanilla with jon fortt and Julia Boorstin markets looking good, yields up and oil up as investors are focused on two things, the prospects for more stimulus covid aid and the potential departure of the president from walter reed on the latter point well turn to eamon javers good morning. Good morning, carl. No information yet from the white house at 11 00 a. M. , but they did bring the White House Pool reporters over from the white house here to walter reed which indicates there might be some expectation that we could get a briefing for the press within the next hour or so were going to stand by for that meanwhile, no indication whether theyve made the decision yet to move or not move the president they say theyll make that decision with the medical team later on this afternoon. So we continue to wait here as we learn that the Vice President and mrs. Pence have tested ne
Making progress, signs the worst could be over in the Drew Barrymore is the founder of flower beauty. Epicenter of new york despite deaths in the state topping shes part of 40 brand leaders 10,000 just ahead the good news coming together to support in the fight and the dire covid19 relief. Warning on what could spark a new outbreak its a new campaign called well talk to Governor Cuomo live beauty united, and we have a trail of destruction, the peek at its starstudded launch video. As we face this Global Health crisis. With uncertainty, sadness and fear. We are coming together. Death toll rises to more than 30 coming together. To support doctors and nurses. And all the health care following the easter tornado workers. Outbreak in the south. On the front lines of the more damaged by winds and rain covid19 pandemic. We really need to be united. United. As the system moved up the east coast. United. United. Drew is with us this morning. Millions out power while concerns about the coronavir
Well and apple. That event is just wrapping up now. Announcements shaking out in the stocks of different competitors. Were going to fill you in on all of that action but joining us for the hour is steve grasso from stuart frankel. Steve, great to see you. Good to see you its amazing. Not necessarily a major move for the averages today or right now. Everything is slightly lower and actually, if you look at the week, the dow is actually flat so far to start off the week and yet theres been this great rotation talk to us about that. The rotation is coming out of growth into value. How long does that last is how long the market will be under pressure and for now, it probably will last a little bit longer, but get a trade deal, throw everything i just said out the window and you see everything rally back people are making the analogy back to 09 and 2016, with this rotation that lasted for a couple of weeks. I dont think it will be that long do you really think were going to get a trade deal
With all the releases. Melissa, apples biggest day of the year is over. What did investors learning learn today . You saw the ceo take the stage and introduce three new smartphones, the no lower priced iphone 11, faster processer, 6. 1 inch displays. Better battery life. Interesting to note, the price 699 about 50 cheaper than its predecessor the 10 r which remember is apples best seller then the high end, the 11 pro, 999 with a 5. 8 inches splay and the 11 pro max at 1099 with the a 6. 5 inch splay shipping on september 20th mieper says overweight the name he tells his clients listen as long as new iphone hardware and services perform well he thinks that does tie investors over until 5g hits hits it wasnt just iphones it was a focus on wearables. We saw the new watch starting at 399 and 499, 46789 G Network Connectivity new features like the always on display. Youll be ableto see time and notifications when you havent raised your wrist. Landing in stores on september 20th finally more
To Hudson Institute. Im flexing your fellow here who focuses on northeast asia economics and technology issues. Thank you for going yesterday for our important event titled furthering u. S. Japan collaboration on Communication Security. Communications is essential to our modern economies as themando increase. There are, of course, a lot of concerns about the diversity ofs infrastructure whether it is undersea cables, satellites, various as open ram and the security, Cyber Security throughout these systems. Weve pulled together an excellent panel today to talk about this. Folks from both the u. S. And japan who are experts in thisdi, i should say, coming from various different agencies and organizations. But we will do is i will give brief introductions and then allow them to share their wisdom. Afterwards, we will open up for questions and answers from the audience. I encourage everyone to think about what they would like to ask. And that will be it. Up first, to my left we have the De