Anything new its been at least eight months anything new going on with you . How is life, is it a little busier than before, any change whatsoever we need to know about . Less sleep, but, i mean busier. Not boozier busier i think all our lives have been boozier. But im so happy for you it must be great i told you that all along. It is the greatest thing i dont know if people know what were talking about, but how old are the babies seven months old. That is still hard. A boy and girl. Still hard. Wow still tough and you are in it deep. All right. But we digress yeah, they are upstairs crying you look like youre far away i am hoping that they will crawl into a shot at some point. But ive seen pictures and they are so cute. We could have some Photo Bombing going on later in the program. Maybe later lets show everybody u. S. Equity futures at this hour, we do have some red across the board. It looks like the dow futures would be off a little over 1 right now. Similar story well, nasdaq off
Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Lets cross to selina wang in beijing. Break down the Inflatio
As he calls them unchecked monopolies big plans for the big apple. Finally out with a reopening plan and why the novelty of working from home may be wearing off on all of you it is friday, may 29th, youre watching Worldwide Exchange here on cnbc good morning, good afternoon, or good evening, welcome from wherever in the world you may be watching. Thung for joining us right here on Worldwide Exchange. It looks like it may be a weak end to your week dow futures down about 73 points stocks having a good week so far. But right now, market nerves seem elevated a a bit waiting on the president s speech about china. Well get more on that in a moment despite yesterdays drop, the dow, nasdaq, s p, all the major indexes are on trial court for their succeed strakt month of gains. The nasdaq leading the charge among the broader index up 5. 5 . Now less than that small caps the real winners this week up nearly 8 as investors begin slowly to look past the lockdowns, this may be the story that may mo
Exceptionally good guests this hour, and we will begin with a moment. Haass in an extraordinary place we are in right now, waking up to the imagery of a darkened white house. The president choosing not to speak to the nation as wasnt dissipated last night. To the north across lafayette , a boarded hay adams. A fire in the historic st. Johns episcopal church, the church of the president s. Pew 54 is where they sit, although lincoln sat quietly in the back. The protestsct to in continental europe. Your thoughts on this file and we can. Jonathan i dont think anyone needs my personal thought, not from a journalist whos barely left his apartment in the last three months. I dont think theres much value protests in the europe in the United States. Theres a deep history in the United States. The plea unsettling to see the equity market emotionless against the backdrop of the weekend. Commentt uncomfortable beautifully, absolutely nails it. Alm iscomfortable c also in the fixed income space. It
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Like hertz. Its not like theyre nothing. Hertz owns a lot of ca