And a beige book road map begins with hong kong, brexit and slew of International Trade data stocks set for a sharp rebound at the open. Recession risks with Global Economic uncertainty rising, well get the latest tea leafs from the fed later today. And the nfl blockbuster, the Dallas Cowboys agreeing to a mon monster contract extension with ezek yell Ezekiel Elliott. Investor sentiment, a lift on news from across the pacific carrie lam making it official she has withdrawn the controversial extradition bill that sparked months of protests and impacted the economic climate. Some protest leaderes say demonstrations will continue, though, unless other demands are met, including calls for greater democracy, some of the protesters are asking for a complete review of police behavior, no indication shes going to give them that as well. I would say finally to this, right . They have been protesting now for 13 weeks this was one of the core issues that set it off. They have other demands, but a
Merger deal with pfizers generics unit. And disney domination. The studio breaking an alltime record for annual box office earnings, and of course, it is only july. So, theres a lot for investors to digest this week with stocks at record highs. Jim, coming off of those on friday, you were out, but a lot happened good to have you back. Thank you the starbucks calls kind of the emblematic of what happened this quarter. Starbucks had run big. So you had to figure, no matter what, how could it really move then it goes up big dollars because its better than expected, better than feared what were seeing are companies that we were worried about because stocks have run, and then the stocks do okay. So, this is a short sellers dilemma. Lets say youve been betting against companies because you truly believe theres been an earnings deceleration. If earnings just stay in line, the stock flies. If earnings are a little bit below, the stock doesnt do anything. Right. So, theres just this kind of bid
After yesterdays strong rally following on the heels of wednesdays strong rally, were up about 1 on the dow. I dont like to talk about the dow but unless the s p stronger. China did all right. Shanghai up 1. 8 . Shenzhen up, and nikkei at a 3 gain. We were below 2 at one point on monday in the craziness, but now were hovering in the 1. 2. Crude had its best day in many years. Well above 40 again. Monday, we fell below 40. It has been, to say the least, a volatile week in many markets. Lets get to our road map this morning, and it starts with the last trading day of this wild week. The dow coming off its biggest twoday point gain ever, not percentage but point gain. Equity futures, slipping. Carl icahn has his next target. Why commodities . Why now . Well talk about a company weve talked a lot about and mr. Akahcarl icahn himself, and the takeover continues. Pa perrigo is saying were not interested. Ill have more on what to expect as the Companies Battle it out. Futures moving to the do
Eye opener, your world in 90 seconds. So we have more money now for the border than weve gotten in ten years. The democrats didnt tell you that. They forgot. President trump says the government needs a good shutdown. Trump got rolled so bad it was unbelievable. I think the president is frustrated that he negotiated in good faith and the democrats went out to try and spike the football and make him look bad. Even if the budget looks like we had a president obama, so long as he comes out thinking he won, i think well be fine. Hillary clinton says there is plenty of blame to go around for her stunning defeat. Did we make mistakes . Of course we did. But the reason why i believe we lost were the intervening events in the last ten days. Another round of heavy rain is on the way from missouri. It looks like a lake. Its actually a road. One night after he was verbally attacked with racial slurs, the orioles adam jones got a standing ovation in his first atbat at fenway. Appreciative that acti
Dianas tragic death. But we begin this morning with todays eye opener, your world in 90 seconds. So we have moreon mey now for the border than weve gotten in ten years. The democrats didnt tell you that. They forgot. President trumps say the government need as good shutdown. It was unbelievable. I think the president is frustrated he negotiated in good faith with the democrats and they went out to spike the football ande mak the president look bad. So long as he comes out of the process thinking he won, i think were going to be fine. Hillary clinton says theres plenty of blame to go around for her stunning defeat. Did we make mistakes . Of course, we did. But the reason i believe we lost were the intervening events in the last ten days. Another roundf o heavy rain is on the way from missouri. It looks like a lake. Its actually a road. One night after he was gorbally attacked with racial first atbat at fenway. Im appreciative that action was taken. Congress derslive a warning to airline