Some tariffs for soy and pork from the u. S they didnt specify quantities involved they imposed 25 tariff since july 2018 in retaliation eunice yoon was up very early it is 12 hours later there. She was up very late. Whatever it was. She was up she tries to figure out what is happening. This is the beginning of some positive that is my take. And futures are up. After thursday when the Chinese Ministry said, look, we are still on track for kauks it would have to be precondition, okay, here, well drop some of ours first and get to you december 15 right . Right i was thinking about how much risk there is to thinking about 10 or 11 months before an election and what could go wrong. We heard about if there could be a recession. He says 2021 what if there was a big market break next year in the stock market you saw what happened a year ago at the holidays. Christmas shopping draops significantly. Where im going with this trying to follow. I know it is hard trump has we are at new highs right
Prices and lack of demand. Oil is up about 2 amid more tensions with iran. That countrys foreign minister is threatening allout war in the event of a u. S. Or saudi military strike. Meanwhile, facebook chief Mark Zuckerberg heading to capitol hill today, trying to promote his vision for moderate internet regulation, as antitrust investigations are heating up. Plus, we have news on a possible isis connection to that mechanic who tried to sabotage an American Airlines plane. And Major Tv Networks are saying no to advertising ecigarettes. Varney company starts right now. David first to washington, d. C. , where midlevel china trade talks are kicking off today and they seem to be having a positive effect on the markets. The Dow Jones Industrial went from negative to positive on the news. Edward lawrence joining us live from the white house right now. Hi, edward. Whats going on . Reporter yeah, literally right now, the talks with the chinese delegation have started. The delegation has walke
Looking for. Mp analyststhe bu are looking for. Whats next for apple . What next headed overhaul to induced demand. This was the 10th anniversary phone, and once demand is exhausted for this one, there will be much left. It may be a while before we see 1 trillion, but it is headed in that direction. Brightervices was a spot, growth up 24 , accelerated from 22 in june, 2017. The big other surprise yesterday was mainly china, it grew 12 . China has lagged. It wasnt just the focus on expectations for the iphone x. Services in china, they are performing. Apple has a lot to smile about last night. Shery it did. It lasted away expectations a lot of fun a lot of fronts. Mac sales are up, i revenue growing 5 and products like the watch and the air pods cover the headphones that can be annoying when you break them or lose them, that revenue was up 36 . Also research and development spending, thats a 17 in three months to 3 billion. Apple is not resting on its laurels, in terms of r d. It wants
Its called the stack. Thats the way the stack works. There it is. Look at that. I see whats going on. The yen is weaker. The first time in eight days. You just have to laugh. All these Central Banks trying to hard to intervene. Japan desperately every time the central bank of japan does something, their currency gets stronger, not weaker. Instead of these half measur measures, why dont they pay junk bond yields to people to borrow money . Give them 13 , 14 . How negative can rates go . Can they go to why not inject money directly into peoples accounts . Just pour it in there. I like that. Much more effective at this point. You saw germany. The average yield is now zero. On friday it was 0. 01. They lost that now. Across the board, its zero. Whats the record for now negative . I dont know. You cant get 5 negative, can you . I dont see why not. Its not working though. This is what makes me laugh. Front page, lew urges imf regulators to get tough. Give me a break. Its ironic. Arent you st