Despite it all, were close to record highs. Free speech is in the news. Nba commissioner, he stood up to china. They wanted the Houston Rockets general manager fired after he tweeted support for the hong kong protesters. Adam silver told them were not going to do that. Free speech item number two. Facebooks Mark Zuckerberg, he says hes not going to Police Political speech, and hes not going to ban Donald Trumps tweets, as Kamala Harris demanded. Big deal. Big show. Youre going to hear what the president had to say at his big rally last night. The brits, well, theyre on the brink. The brexit vote is hours away. And alec baldwin slams the demonization of wealth. What . Varney company, the very special friday edition, is about to begin. After decades of economic surrender, i have taken historic action to confront chinas rampant trading abuses and weve made great progress and our relationship with china is fantastic. But now were taking in billions of dollars. Theyve had the worst year the
Limits on u. S. Portfolio flows into china by delisting companies here in the u. S. The nasdaq is down by more than a percent. Take a look at the chinese stocks alibaba sitting at session lows down by five and a quarter percent. Eamon has been following this story and joins us reporter my understanding is those reports that cross earlier today got the markets attention are accurate the white house is considering measures that would limit port po folio flows from the United States into the Chinese Companies but and theres a big caveat here. Its a lot of different ideas on the table. Its not clear when a decision would be made or what that decision would look like or what the mechanics of this would be how could this play out in theres one option already out there thats been under discussion thats a proposal for a number of senators. You see them here including senator marco rubio of florida called the equitiable act. What that would do if passed is allow u. S. Regulators to have access
Year. It has buzz. I guess this is buy on the rumor, sell on the news despite if nvidias dazzle. The stock will open lore, down about 20. Dont know know its going to close. Politics. Donald trumps lawyers say it will be impossible for him to come up with the near if half billion dollars in cash he needs by monday. If he cant raise the money, he cant appeal. The right to appeal is fundamental. To be denied because you cant raise a half billion fast is a perversion of government. A. G. Leticia saw james says if he doesnt come up with the money, she will seize and sell hiss assets. To the markets. The fed meeting starts. The big question is when or if rates come down this year. Dow down 30, nasdaq down 100. Bitcoin down as well. Youre looking now at 63,000 a coin, just a week ago it was 73,000. Interest rates at elevated levels. The 10year treasury at 4. 30, the 2year, 4. 72 last time i checked. Yes, youre now at 4. 700 on the 2year. The price of oil, 82 per barrel and moving up. Well, we
Queens. Really . Yes. Open your eyes. Still take a look. How the devil did you do that . Just as it was during the barack obama presidency. Americans dont feel as good about whats going on as barack obama did. Its time for us to secure our own border. And we do that by being smart about going to haiti and joe biden getting off his hands. People are frustrated with the way the democrats have been running things, or not running things, i should say theyre just not representing the people. I dont care too much for money. Money cant buy me love cant buy me love. Money cant buy me love. I do believe thats true. Maybe ill give it a shot. Hey. Oh stewie, its 11 00 on the east coast, and its tuesday, march the 19th. It is. I believe its almost the first day of spring it is today on the markets. The dow is up 142. The nasdaqs down 80. Kind of a mixed picture we got going on here. Show me big tech i think its all over the place. We have microsoft at 420. Apple 174 amazon 175 alphabet meta. Down
The most who are concerned about the up side risk a number were two sided and we learned for the first time in these minutes that couple participants, just people at the table there among the Bank President s, wanted to keep the rates unchanged so that they were not in favor of they were not voters apparently or if they were, they didnt vote what they said their concern was, wanting to keep rating unchanged. Going to on give you some positive comments and ill offset those with negative or hawkish comments on the dovish side, some saw signs that inflation could be softening. Continuing signs of supply and demand in labor coming into better balance tighter financial conditions were expected to slow consumption and gradual slowing appeared to be in progress in the economy. That was back when they met in july however, that has not been the case here are some of the negative hawkish comments they said real gdp demonstrated resilience that has been the case over the intervening period and th