Politics and the turmoil in d. C. About Trumps Administration ability to enact the fiscal agenda on the back burner. Stoxx 600 gaining 0. 2 . A lot of the focus today and tomorrow will turn to the start of the Central Banks meeting in jackson hole. You can see the dollar strengthening. The one thing that im watching out for is possible parity in 0. 915. Und, currently at nymex crude at 48. 26. U. S. Crude stockpiles extended declines yesterday. That is your Asset Classes. Lets get to the bloomberg first word news. Nejra the death toll from typhoon hato has risen to 12. It is the most powerful storm to hit the region in half a century. Macau says it people were killed in the gambling hub. Another 153 were listed as injured. The city of charlottesville has covered two statues of confederate generals in tarpaulins. The decision came during a chaotic meeting and followed racially charged protests that left one woman dead. The u. S. Is preparing another round of sanctions to punish the gove
France and germany higher across the board. Next action there with james bond reopening after the typhoon hit the region and also the cost in south korea. A terror attack in amsterdam thwarted. Police arrested two people at a rock concert was evacuated. The latest development. And extreme weather alert. Text is preparing for a possible hurricane. Store shelves already cleared. People stocking up on gasoline as well. In asia on a massive typhoon slamming china, death toll rising as high winds and heavy flooding hit the region. We have a powerball winner. There is only one Winning Ticket for the 758 milliondollar jackpot. Did any of our panelists about lucky number . Youll find out. Plus a nono and then an hour now. Eight nohit innings, but loses the bid in the most heartbreaking way. All of that coming up this morning. Independent womens boy ceo and president heather higgins. The wall street journal Telecom Reporter ranks against them. Welcome one and all. Im guessing none of your won t
My ability to talk about the market, because alas we didnt have one. For me, it is right smack in the middle of earnings season. And then draw some mid season conclusion that can give us a sense of what awaits us in the final months of do 12. The report is so stark that we have to go over them right now before it starts up again tomorrow. First, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. The unified currency opened up the market that was right for us expansion. Second, they took part in a tiny grab that has provided us earnings for several years now. We are making the move to comment on the Conference Call that gave you hope that a companys business could have another leg up somewhere down the road. Ki china play became a prize possession on call treat. Hallelujah who is going in there, rush thea, brazil. Where companies were starting to do business. It meant that you were provicial and you were hostage
My ability to talk about the market, because alas we didnt have one. For me, it is right smack in the middle of earnings season. And then draw some mid season conclusion that can give us a sense of what awaits us in the final months of do 12. The report is so stark that we have to go over them right now before it starts up again tomorrow. First, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. The unified currency opened up the market that was right for us expansion. Second, they took part in a tiny grab that has provided us earnings for several years now. We are making the move to comment on the Conference Call that gave you hope that a companys business could have another leg up somewhere down the road. Ki china play became a prize possession on call treat. Hallelujah who is going in there, rush thea, brazil. Where companies were starting to do business. It meant that you were provicial and you were hostage
Time to become more circumspect about this remarkable run. There is so much that is positive, im beginning to rack up a few negatives, too. Weve been whistling past serious grave yards on the way to these new heights. Its worth shining a light on those grave stones as this market continues to break records. The dow made another new alltime high. S p slipped back and nasdaq declined 25. 9 . We recognize the three major tenets of trumps poll circumstance deregulation, lower Corporate Tax rate and tax holiday of repatriation of overseas earnings are terrific for the stock market. Weve run a great deal because of that triad. But you know what . We need to start asking ourselves how far we can go just on those three things when there are beginning to be other issues that just arent going right and weve got to talk about them now. Lets tick them down. First theres oil which was up sharply today. Oil rallying on better demand is one thing we like that. Crude simply climbing on production cutb