C the select committee will come to order. Welcome everyone to the select Committee Hearing or the leveling the Playing Field how to counter the Chinese Communist party or economic aggression. Who when i looked at the staggering economic relationship thats a word that comes to mind. One small example the American Pacific northwest salmon are frozen sent to china to feed tboned by hand and refrozen and shipped back to u. S. Grocery store sometimes miles from where the fish were copied the economical links between the u. S. And china are dizzyingly complicated that theres another word that comes to mind. Naivete. There were prescient dissenters for the last 25 years or both parties largely made the same naive bet on china that Economic Engagement would lead the Chinese Communist party to political liberalization. Beijing saw our quintessentially american optimism is an opportunity to exploit and their treaties and International Commitment are but not for me. I will enter video into the r
C the select committee will come to order. Welcome everyone to the select Committee Hearing or the leveling the Playing Field how to counter the Chinese Communist party or economic aggression. Who when i looked at the staggering economic relationship thats a word that comes to mind. One small example the American Pacific northwest salmon are frozen sent to china to feed tboned by hand and refrozen and shipped back to u. S. Grocery store sometimes miles from where the fish were copied the economical links between the u. S. And china are dizzyingly complicated that theres another word that comes to mind. Naivete. There were prescient dissenters for the last 25 years or both parties largely made the same naive bet on china that Economic Engagement would lead the Chinese Communist party to political liberalization. Beijing saw our quintessentially american optimism is an opportunity to exploit and their treaties and International Commitment are but not for me. I will enter video into the r
And check out the nasdaq. Also at record levels, a whopping 44 this year. Did you guys all have your money in nasdaq stocks this year . As you know, were not allowed to hold individual stocks. But you can hold nasdaq and qqqs. Its on pace to have the best performance in 2003. You act like you didnt have it. I have a 401 k . You want me to ask. Where do you have europes, steve . In a boat, a couple of boats. Yes, thats right the s p, half a percent. That index is up just 24 this year. And, of course, you made some money in treasuries as well if you invested at the right time. Take a look at treasury yields. There we go. 4. 01 on the 30year, 3. 87 on the 10. 3. 87 on the 5, and 4. 29. I dont know. Do you think 2024 is the year when we disinvert . Thats a question we have to be watching. Yeah, definitely, absolutely. Do you think happens . Why has it been inverted for so long is the question . As the fed does its thing, you would expect a disinversion yield curb. Eventually. It may not ha
Policy rate more than five percentage points. Constant recession bets have come up. Recent months, and narrow market leadership has given way to a convincingly broad rally. That brings us to the talk of the take. Is this approachable time has a chance for investors to cash in, breakeven or confirmation that a young bull market has gathered steam into 2024 . Lets ask warren pies. It is great to have you here. How are you doing . Im good. Thank you for having me. Sure thing. The story for this year, we could have said it a year ago but it was, can inflation go down more quickly than the economy loses steam . That has happened to this point. We have seem to have seen a fed pivot rhetorically and if not in reality. Where does that leave you in terms of what we should expect at least in the first part of next year . I think that we try to be driven at the 314 research. The data points are in a bullish direction. It is hard to deny that at this point in time. You end up with a few broad axio
Both major toy companies, mattel and hasbro, could toy sales be a red flag for christmas. . The nasdaq holding on to a small game all three averages on pace for a lower week, lower month as well. Chipotle higher following results. It was able to rise prices to offset rise in costs and post same store sales growth of nearly 8 . Up 6 right now. S sanofi shares are having the worst day. According to mizuho, no pharma stock has lost more than 10 you can see those shares are down 19 todays rebound in tech helped by positive earnings reports. Lets start with intel and Kristina Partsinevelos well, intels results were much better than xched but largely in part due it a boost in personal computer sales lets start with the good news Gross Margins are showing signs of life signaling a bottom might be happening, because pc sales are improving, which bodes well for amds earnings coming out next week. Cost cutting is helping operating margins. Intel also signed two more foundry customers for a total