Season trade came of an awful lot 18 times for those of you counting with participants noting that uncertainty continue to pose some risk to their outlook. They express concern about actibasi activity in manufacturing. Some participants commented on challenges to the energy and Agriculture Sector a couple noted that farm offsetting on farmers. As for risk, many saw it tilted to the downside. Some eased trade tensions with china and the probability of a no deal brexitlessen brexit lessened further. Some concerns were raised that keeping Interest Rates might encourage excessive risk taking in the financial sector. Some said it could be useful to cushioning the global economy. They struggled with how to phrase the 2 language some thought saying quote near 2 could be misinterpreted as suggesting that policy makers were comfortable with inflation running below that in the end they used both of those terms. Just couldnt decide. Thank you very much. Were going to turn to the other big stories
Kathleen youre watching daybreak asia, coming to you live from new york and hong kong. Autonomous where coming down to asias major market open. Haidi oil hitting a high for the year on investors settling for a 10 year yield below 4 in the latest treasury auction. Disney gaining after the bell and a folk at forecast for lower Capital Spending. China says u. S. Is weaponizing trade as President Biden signs an executive order limiting investment in some of his companies. Kathleen lets take a look at u. S. Futures. It was a down day in stocks ahead of that big cpi report in the next 24 hours. You can see a bounce back but at the close, the nasdaq was down about 1. 2 . The s p 500 down 7 10 of 1 . Nvidia, big move down. One of our reporters saying earlier that people wonder what has gotten the cpi report so nvidia was down, tesla was down, amazon was down and then there was a big surge in lng prices. 28 in europe, caused by the threat of a strike in australia among Union Workers there. Coup
The words of one guardsmen who spoke to politico who first reported thousands of National Guardsmen told to vacate the capital grounds by us capitol police, you see them in these pictures, one group which had been resting in a Senate Office building telling politico they were forced to relocate to a nearby parking garage with only bathroom and two stalls for 5000 troops. Not to mention temperature is really falling. It is much colder, below the low 40s and stephen Inauguration Day. This is drawn bipartisan outrage from lawmakers, democrat senator from connecticut chris murphy tweeting this. Unacceptable. Numerous senators moving to fix this as we speak. Just got off the phone with the acting Capital Police chief who insists there is no general request for the guard to vacate the building but whatever happened we must fix the problem now. The problem has been fixed. Troops at this hour have been let back into the capital but it is unclear how this could have happened. We reached out to
Be can he in fact be an extremely progressive president. What happened to senator hawley is a snapshot. Bark with a vengeance. What these corporations want is control. And they want you to have the same opinions and if you dont, then they are willing to use every power at their disposal to shut you down. Its a good morning wake up to a brand new day this morning nothing in my way good morning. Steve good morning. Ainsley good morning, everyone. Its friday. Its been quite a week for america. So now you get a little break over the next few days. Thanks for waking up with us. Pete, good to have you here. Pete its great to be here. Thank you. I had a date night last night. My wife and i went out for dinner. Because we do a morning show we had dinner at 4 15. Steve thats okay. Ainsley thats normal for us. Steve a lot of people watching from florida do the exactly the same thing. Pete there you go. Steve its great to have you here on the show. Pete great to be here. Ainsley jen psaki get cal
Robust Holiday Season sales from the get go. When we are perched on the cliff. The house of pain. Welcome to a world a ball of confusion. Confusion that produces results like we had today in the market. Where the averages were down falling 89 points. Nasdaq drifting 3. 80 lower. They actually got their way out of the down turn at the same time that the cliff jump would send us back into one. How can it be . A couple of reasons. First is what really matters number one asset, her house and that house price is going higher as we found out from the 3 gain in home prices reported by the survey this morning. You get the Property Values up and you get a consumer who decides that all is not lost. 14,000 may be transitioning from the hole in their house to being in the black again. That could be driving this confidence locomotive. All aboard. It has changed in the last year. The last time we worked the Consumer Confidence level. It was in february of 2008. Home prices were beginning their traum