Flights today. Goldman sachs lowering its growth forecast and reports that wework could file as soon as this week. Were going to start today with the markets. Jim, not a repeat of last week, but were going to it is going to be busy, cpi, retail sales and more. Retail sales is on front burner it is hard to believe that given that unemployment rates are so low. People keep waiting for the inflation story in retail. I dealt with a number of retailers, and almost every retailer says, listen, very small margin hit to the september 1 tariffs. But as soon as you hear small, you say, big, big, big really good piece about dollar tree, not a lot of exposure to china and does well when the economy weakens. I want to watch that to see if we dont get the situation where we start trading down in terms of tocks macys, 7. 7 yield thats the paradigm of what people are avoiding. I think the macro does trickle down to the micro. Im concerned. Im really concerned about this hong kong situation too. You me
Longestks based their alternatives from beijings perspective. If they remove her, they are losing streak since the 1997 conceding to protesters. Hangover. Gun control is back on the u. S. And then there is a question of who they replaced her with. Ocean agenda after double it is helpful from beijings shootings leave at least 30 dead perspective to have carrie lam in texas and ohio. Absorbing all of the criticism, shery ahn a quick check of the markets closed. The pressure and in a way protecting a local crisis from it was a risk off week. Becoming a national crisis. Paul if we bring this forward seen such a big clock or rid to 24 7 which selloff in the weekly basis since december of last year. Marks the expiry of the one that was when the fed turned down this. Country, two systems deal, everything leading up to that, tech and Energy Declines on the s p 500. Why draw a line in the sand now . The nasdaq is down almost 3 . People understand 20 47 is not the real fight. The trade outlook i
Maria we have breaking news this morning, we will take you for a live look out of new orleans, look at this, we are tracking tropical form barry this morning, making its way toward expected landfall in louisiana, we are bringing you the very latest developments this morning and live updates all morning, stay with us on the developing story, joining the conversation, Fox Business Network dagen mcdowell, the American Conservative Union chairman mat sclapp and michael block, great to see everybody this morning. Great to be here. Great to be here, im glad its dry. Maria im glad its dry too. We have a storm that we will be tracking, look at the markets, michael, another record high yesterday. Record territory once again, dow industrials up 95 and nasdaq up 24, to what do you attribute strength once again in consistency . Dow jumping above the 27,000 mark for the First Time Ever yesterday. A couple of weeks ago jay powell was waffling on path to rate cut later this month and he came out this
The oil industry preparing for the worst. The president of the Louisiana Oil and Gas Association is about to tell you how barry could impact black gold and gasoline prices and you know what, you could even triangulate how it will affect stocks in the energy sector. On wall street, today the s p 3,000 is in sight for the third day in a row, but can we lock it in . Right now we are nine points above it. Got to stay tuned for my whole hour here. As for the dow, it locked in 27,000 yesterday. We are well above that right now at 27,274. The nasdaqs joining the party, on pace for a record close as consumer favorites like industrials and Technology Power todays run. Plus, President Trump joining forces with none other than the oracle of omaha . At least in his thinking, putting facebooks crypto ambitions under a harsh spotlight. Our top tech panel is here to tell us what it means for the Digital Currency world. Less than an hour to the closing bell on this friday. So glad youre with us. Could
Here was, first, a white man, admitting that he was prejudice, which for people of color was, we kind of just say finally. We take you live to the washington counsel of lawyers. Well hear about some of the Big Decisions this last term. Introductions began just a moment ago. Paul has argued before the Supreme Court 21 times. I was lucky enough to be in the chamber of the Supreme Court when he argued on behalf of the plaintiffs in the landmark gay rights case. As a young man gay man considering whether to attend law school, i had slept on the sidewalk outside the Supreme Court for the chance to enter the chamber and observe a pursuit of justice. I would have been really bummed if i hadnt gotten in. It paid off and i was able to hear the oral arguments which were amazing. In addition, paul has argued a number of important voting ri t rights cases. One involving partisan jerry man gerrymandering. Paul has been honored nationally by a variety of publications and organizations in recognition