Welcome. Everybody has a bad day now and again, and some more than others. The same is true for stocks, and this was quite a week. Ongoing fears over a trade war with china sent stocks ler. The nasdaq and the s p 500 were off more than 3 this week. The nasdaq, just about 4 . It w the worst week of the year for those indexes and the better than you marked the second worst for 2019. As for today, the dow lost p nts to 26,485. The nasdaq dropped 107eand s p was off 21. Actually, a trade dl was reached today, one that will help the nations farmers. While it wasnt exactly the deal that wall street has been waiting for, Kayla Tausche tells us it is connected to the tensions with china. Reporter frularated with the of progress in china talks, President Trump went roosevelt room to announce a deal with europe, boosting agr y p of supporters. My administration is standing up for our farmers and rancher like never before. We are protecting our farmers. We are doing it in my ways, including with
Bloomberg. It is now a little bit more than one year since you were elected. Lets begin with your noisy neighbor to the north. Donald trump. At the moment, mexico has 20,000 National Guard on the border. You have also since taken in 20,000 asylumseekers that come to mexico who would otherwise be in america. Today, secretary of state pompeo said mexico needs to do more. When you look at america, do you see it as an ally or bully . Pres. Obrador he is an ally. We are not betting on politics of force, authoritarianism. We think of the solution to the problems. We do not think the solution to problems should be through coercion. We think of cooperation for development. That is what we are for. It is indispensable to have a Good Relationship with the United States because of friendship, trade, commerce, and geopolitical relations as well. We have 3180 kilometers of order with the United States. If we were in any european country or south american country, perhaps we could have a different t
Down nearly 334 points. The president just weighingin on all of this tweeting moments ago quote what the market wanted to hear from and the Federal Reserve that this was the beginning of a lengthy and aggressive rate cutting cycle. Which would keep pace with china the European Union and other countries around the world. Powell let us down but elysses and in quantitative tightening which should not have started in the first place. No inflation. We are winning anyway but im still not getting much help from the Federal Reserve. So steve, is this fair criticism given the strength of the economy . I think jay powell is simply trying to save face. He had to reverse himself for from last year and now he is saying , we will do it our own way. But there will be another cut by the fall. Kind of a big yawn. December should have happened i dont think today should have happened. Today is just a reverse, one thing that should have happened there for the second thing had to happen. Im not so sure we
Continent of Free Trade Agreement is expected to create the Worlds Largest Single Market the continent is home to one and a quarter 1000000000 africans leaders hope that the Free Trade Agreement will help create jobs and striking a growth but its not clear whether investors will hold one of the internal strife in many african countries and bring in the much needed capital to boost production of goods and services. African entrepreneurs say the agreement could be the answer to the continents many problems and the truth is we do have change in africa by the new with educated kind of returns on investment. So youre confident the investors will come and come to visit all we need to do. We develop. Create jobs i live in poverty there are also fears that corruption and we can force mccain some countries could model success of whats being billed as a historic Free Trade Agreement but you crease aljazeera. Also had an aljazeera calls for Police Reform in israel continue after the shooting of a
Listen to the exchange. Sen. Harris i do not believe you are a racist. It was hurtful to hear you talk about the reputational two ors whostates senat built their career on the segregation of race in this country. This campaignhave litigated on who supports civil rights, im happy to do that. David number one, you dont want to be saying im not a racist. Number two, the thing that struck me as i think a lot of democratic voters in the primaries are saying, who can beat President Trump . Joe biden did not come across as someone who can beat donald trump on the debate stage. Alix it is the optics of a split screen like that. It just shows how much the Democratic Party has really changed in the last 30 years. David that was pointed out very explicitly, saying it is time to pass the torch. Alix which they kind of already said it some point before. In the markets, nothing is happening. Wait till sunday, when markets start opening for trading. Maybe a little volatility because the russell rebal