David a day when donald trump is campaigning in new york city with hardhats even though biden says hes not friendly with the working class, videos show a different story and this is the macho man song he likes to use as his campaigning continues. It is 10 00 eastern time. Straight to your money. If youve got it all in the stock market it may be losing something, dow was down 667 points, it has continued to decline, theres some big stocks like caterpillar getting hit hard on the dow bringing it down so much, nasdaq, not a pretty picture reader, down 315, stabilizing at 2 down, the s p is at 76. 05, the 10 year treasury yields have been going up big time, 8. 6 basis points to 4. 72 right now, the two year is over 5 . Oil is trading up a bit. Now it has turned the other way, down because the gdp figure was less than expected, less growth, less need for oil, bitcoin is trading down to 63,329 and we got the latest read on pending home sales. Lauren they increased by 3. 4 , the level xcviii.
Earnings expectations are for mega cap tech coming in. This is unbelievable you want to know how important these are . Mag seven earnings on aggregate are expected to rise 40 in q1 revenue is expected up 13 versus 2. 3 for the rest of the s p. The rest of the s p is expected to see a 3. 1 decline in earnings sounds like last quarter. Thats exactly what happened last quarter and let me tell you why its so critical that these Mega Cap Companies deliver, and this relates to the market itself on monday i said, i felt as though the market was bought bombing, and one of the reasons i felt it was bottoming, i didnt think there would be followthrough selling because you had strength in financials you had strength in health care. You had strength in industrials. The market holds its 100Day Moving Average we now rally up to the 50Day Moving Average heres the handoff its got to come from mega cap earnings to get through that 50Day Moving Average to restore price above the 50Day Moving Average. Fi
These issues. I think we have to admire that she didnt collapse into admire that she didnt collapse into a heap and stop crying. They applauded her strength. The europeans have been so civilised, i have to say, through all of this. They are a very civilised bunch. I dont think we are very civilised when we are talking about them. Theresa may has been, which is why she got a round of applause. Jean Claude Juncker says she was polite and friendly. She started that in florence and that new tone with her speech. The madness of this plays was not getting us anywhere. She did say, we want to be friends and good for europe. She comes to this mad house that is the conservative party and she has do negotiate quite a lot. What is to come is so difficult. God help her and us. There is a very important Cabinet Meeting and that goes to the heart of what she has two address. Britain is too big a country to fail. This is a defining moment in the own history and we need to come together. The cant be b
Dateline london. This week we are reflecting on some movement finally you might say in the brexit talks. And we will be asking whether the election of a democrat in alabama really is a blow to donald trump. Let me introduce you to my guests this week. American writer stephanie baker, Suzanne Lynch from the irish times, Jasmine Brown and. A very warm welcome again to all of you. We really have seen the end of the beginning. It was confirmed this week the brexit talks can finally move to the second phase. What a week for Prime Minister theresa may. Losing a parliamentary vote in london but getting a round of applause from leading figures in brussels. Although by friday, Jean Claude Juncker and Angela Merkel were among those pointing out that phase two will be much harder than phase one. Yasmin, theresa may very much soldiers on, more than soldiers on, many would say. You have to admire her, just when you think she is down and out somehow she. Adversity seems to bring out something in her
Hello and a very warm welcome to dateline london, im jane hill. This week we are reflecting on some movement, finally, in the brexit talks and ask whether the election of a democrat in alabama really is a blow to donald trump. My guests this week, the American Writer Stephanie Baker from bloomberg markets, the british political commentator Yasmin Alibhai brown, Suzanne Lynch from the irish times and Thomas Kielinger from germanys die welt to you all. Weve seen the end of the beginning it was confirmed this week that the brexit talks between britain and the eu can finally move to the second phase. What a week for britains Prime Minister theresa may losing a parliamentary vote in london, but getting a round of applause from leading eu figures in brussels. Althuogh by friday, Jean Claude Juncker and Angela Merkel were among those pointing out that phase two of the negotiations will be much harder than phase one. Talks move injanuary to discussion of the transition period. Yasmin, theresa