I want to rock and roll all night. And party every day. I want to rock and roll all night. And party every day. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren happy friday. Good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving on this friday. The banks so far surprising to the upside, a little bit of pressure on the futures market. The dow is down 18, nasdaq is down 10. Well be hearing from American Express before the bell. Lauren in asia, the shanghai come pocomposite in china, down. Beijing reporting the worst Economic Growth since the 1990s. Cheryl all eyes on europe, with Boris Johnsons deal with the eu. The cac 40 is under pressure. The dax is slightly higher. Lauren we have a lot of geo politics in different poll e pos in different parts of the world. The fighting continues in Northern Syria where shelling and smoke can still be seen. Cheryl Griff Jenkins has more from washington with all the latest. Griff, good morning. Report
Details of its streaming service. The price and big names it picked up as one of the rivals is putting Binge Watching obsessed customers to the test. The idea that has hal hollywoodp in arms. It is wednesday, october 30th. Fbn a. M. Starts right now. Caught you in the morning with another one in my bed. Dont you care about me anymore. Dont you care about me. I dont think so. Six foot tall. Came without a warning. So i had to shoot him dead. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving. Another big day for earnings today, ge, mckesson out before the bell. Dow is down 22, s p down 2 and a quarter, nasdaq down 3 andahalf. After the bell it gets interesting. Weve got apple, facebook and starbucks coming out. Lauren reuters is reporting that phase one of the trade deal between the u. S. And china might not be ready for signing early next month. The shaping high composite shanghai com
Here. Good morning. Maria you have gdp, adp, alphabet of numbers and economy that is front and center in the 2020 election, right, lee . Question, theres no question about it, a lot of people are talk how its giving the president so much cover right now with everything that is going on, the democrats have to be careful how they treat this because this is an issue that the American People find dear to their hearts, a lot of Economic Data in favor of the president. Maria if theres one person thats coming across as well as anybody opposite the president would be Tulsi Gabbard and i know that youre a big supporter of Tulsi Gabbard, omid, does she look at the economy as driving force, is that part of her platform as well . Theres no doubt about it. The way she gets there is difference, start with foreign policy, we wasted 6 trillion over 18 years on regime change wars, we have a trillion dollar deficit, but 6 times that have gone to wars have havent made us safer, what can we do with money
It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The First Reading of the u. S. Gdp grew at better than expected rate of 1. 9 . Joining me right now is jason brady, president and ceo of Thornburg Investment management. Its great to have you, thanks so much for being here. Sure. Maria you are managing, what, your 14 billion fund is the income builder fund. This is, what, global dividend payers . A supportive element of fixed income, exactly. Maria h
Maria we have a big show this morning. Joining the conversation, Deirdre Bolton is here this morning, real clear politics cofounder and president tom bevin and pwc partner, mitch rochell. Thank you for being here. We have a market under pressure as a result of some i guess digestion over this trade deal. Take a look at the markets where were looking at a triple digit decline this morning for the dow industrials. Bloomburg is reporting that china wants more talks before signing phase one of the strayed deal. The u. S. Trade deal. The u. S. And china made progress on friday. China agreed to buy 40 to 50 billion worth of Agricultural Products while the u. S. Will suspend a planned tariff increase set to go into effect tomorrow. Beijing addressing currency and Financial Services concerns but setting aside issues like intellectual property and forced transfer of technology. Senior counsel to the president Kellyanne Conway spoke with me yesterday and heres how she saw it. That would be two a