Operative. I was to prevent terrorists and rogues from getting nuclear weapons. Youve probably heard my name. Mr. President , identive got a scores to settle the president will be campaigning today, but he has a lcomparty he may not find all that warm. Early today starts right now good morning im gigi stone woods. And im frances rivera. Breaking news. Tens of thousands of autoworkers across america are on strike, concerns this morning about how much of an Economic Impact it will have as nearly 50,000 workers at the nations largest automaker walk off the job the strike is fallout from contract negotiations that have collapsed between the United Autoworkers Union and General Motors nbcs dan schenamen has this report reporter United Autoworkers Union announced sunday its members at General Motors plants will walk off the production line and onto the picket line. This is our last resort it represents great sacrifice and great courage on the part of our members and all of us. Reporter Union
Slumping and Global Growth concerns back in the headlines, as chinas Economic Data comes in weaker. Joining us for the entire hour, final hour of trade is keith bliss, managing partner and ceo of iq capital usa. Keith, welcome thank you very much you and i were just chatting about the fact that you were noting that youre kind of surprised that the stock market isnt down even worse. I think its really resilient and speaks to the trend weve been seeing throughout the last 30 days for sure and ive been a big believer that well continue to trend higher throughout the rest of the year but think of Something Like this that happened 45 years ago, when we did have real supply concerns and the kingdom of saudi arabia was the big player in the market now its much more dispersed we were not a big player. At all. For a variety of reasons i am grateful and pleased at the resilience of the equity market on news like this today. Even some energyimporting nations like china, for example, you didnt see
But a different story for amd. Both stocks on fire this year. How to trade them from here. The Halftime Report starts right now. Welcome to halftime good to have you with us on this wednesday. Our Investment Committee today, joe terranova, Jim Leventhal allianz Global Investment strategist we begin with the countdown to the fed today. Thats what everybody is talking about including Steve Liesman who is in d. C. Following the money for us i guess its pretty much a foregone conclusion on a cut i think thats right, scott i think there are some questions as to whether or not the Federal Reserve also were to end its Balance Sheet reduction. Supposed to do so in september a lot of talk on the street that maybe they do that today along with cutting rates doesnt really make sense to be tightening up financial conditions through reducing the Balance Sheet along with cutting Interest Rates and also, i see a big question about the guidance worth taking a look one last time at where the market pos
Fantastic write. That as they set out to safety environments. That ive learned from one another. And Work Together for the future. Comfort. W. X. Chinese leader xi jinping begins a historic visit to north korea so can beijing reassert economic influence over its excitable neighbor days before a crucial trade meeting with u. S. President donald trump. Also on the show 4 years have passed since a devastating terror attack on a tunisian beach resort killed dozens of foreign visitors now terse to returning to the country. And looking for the perfect wine to pair with fish how about a bottle that itself was pulled from the sea. This is your Business Report im Stephen Beers in berlin thanks for joining us. She jean ping has become the 1st chinese leader to visit neighboring north korea in 14 years and thats a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remai
A drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remain strong especially as she prepares for a crucial meeting with u. S. President donald trump and north korea 6 a Nuclear Agreement with the u. S. The chinese president s arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies has waited with such excitement most of the exchanges between china and north korea happened here the friendship bridge across the yalu river 70 percent of bilateral trade passes here between dandong and the north korean city of sin nature you traditionally heavy metal is made of a big part of that trade the un sanctions imposed in 2017 banned exports of them to and from north korea with electrical coal cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direct