Commentatoentary the last 24 hos whether its acumen and dalio on one side you point is, no revelation 6 8. Why are we not believing in science . You have been pretty consistent on that. What happens today if the fda approved a drug . What happens if they do that do we then start thinking about, geez, how much pain it will be if we print all these dollars. How about if it is approved and we say, you know what, im really worried about boeing. I mentioned that because its front and center, but im looking at the fda and not at the fed, and i think a lot of people who came on this morning oh, damn, i lived in my car and was not doing so well its not all done in fair weather. I listened to a lot of really rich people, some crying yesterday, today, talking about the end of days, i think the American Worker is a little tougher and i think if we get the drug, we get approval, i think well all say, geez, maybe this thing isnt going to last forever and we can tide workers over, and we can help th
Around the world from hong kong to brussels, berlin, new york, and washington. Our bloombergs voices are on the ground with the top stories. We begin in asia. The death toll from the exceedsrus exudes 2000 in china. Walk me through of what were hearing from the government in terms of supporting the economy. The 75,000to get to new cases of shared of this virus new cases out there this virus. This may have been a lot worse a lot worse. There is a 70yearold man in hong kong who succumbed to his illness at the hospital. He had underlying issues. But lets talk about the cruise ships. We have one in cambodia and we whichhe diamond princess have the most localized cases outside of japan. People are being led off that boat and being evacuated. If you test negative, it can reappear. It can remain dormant. What are we doing here . What is happening . Theyre suggesting a 14 day quarantine when you leave the boat. We were talking about how the Chinese Market was of thirdbiggest Aviation Market in
Welcome, good to have you with us on this new years eve tuesday. Our Investment Committee here today, joe, josh, jim and amy is back the chief Investment Officer of Chevy Chase Trust and one of barrons top 50 registered Investment Advisers for 2019 we begin with the markets. Stocks are trying to end a great year with another day in the green. Bouncing from the worst day in four weeks we do have big news today from one of our very own, hes making a move on a stock that hes been a big believer in for a big part of this decade. Josh brown, selling twitter. Im out feels good. First time out since the ipo in 2013. Tell us the reasoning. First of all, happy new year and thank you for ending your no, im telling the viewers, happy new year by the way, this is completely filled with gray goose, so take everything i have to say with a grain of salt. I got out of twitter today with a very small profit. I had been adding in the 20s, i owned some as high as 40 around the ipo. It has not worked out.
Tenth Straight Record close driven by all the names that worked all winter long plus a strong read on Retail Holiday shopping numbers do not disappoint. And jobless claims fall pointing to continued strength in the labor market joining us for the hour, anastasia om row sew it is great to have you with us. Great to see you. What do we make of this its typical. We melt up into year end i mean, think about all the things that got resolved in december weve got the phase one basically a done deal between u. S. And china maybe a little bit overlooked by the usmca getting passed by the house. Weve got a lot of good enthuse. We started to see the inflection point. Whats interesting in the internals of the market is what people are buying. What do you do when the s p is up almost 30 for the year you start to look for the laggards its emerging markets, health care, energy those are the ones rallying the most to break down those areas you see opportunity over the course of the hour. For now lets
Frontiers for that sector in the new decade and facebook being called the new cigarettes for our society by the founder of salesforce. Com his critical take on the social media giant as Worldwide Exchange begins right nowe to exchange im dierdre bosa in for Brian Sullivan the second to last day of 2019, take a look at stock futures right now pretty much flat they are on track for a block buster year as i mentioned the s p on track for potentially its best year in two decades if it can squeeze out gains of nearly 30 . 29. 6 is the gain that we are looking at dow jones and the nasdaq also on track for a record year. Moving on to the bond market, the yield on the tenyear note currently 1. 912 lets go worldwide now in asia, markets were mixed in the last two days of the years investors awaiting updates on the trade deal and increasing tensions with north korea. Japan wrapping up its final trading day of 2019, down slightly, but the nikkei, that was up 18 for the year and what a turn around