Earnings season when theres too much to keep track of and the action seems to stop making sense. The dow gained 46, the s p advanced and the nasdaq climbed up, you have every right to be extremely frustrated stocks that should be going up are going down stocks that should be down are going up human sacrifice, dogs and cats are living together, mass hysteria theres a method to that markets madness you need to understand it. Otherwise, youll have no idea whatsing if on whats going on a close investor is a bad investor so let me walk through some of the craziest examples. Im going to start with caterpillar. Caterpillar, the stock huge shortfall in response of course the stock correctly plunged 6 in Early Morning trading. Well, i thought it was a bit of an overreaction, nothing unusual about a stock going down in disappointing numbers is there its what happens next thats should we take our cue from this hard to explain. Cat down 6 and slowly rebounded. If you saw it near the low, this is a
Q2 is at 10 the president says markets would crash if impeachment moves forward. Plus, vaping fallout Philip Morris joining us after calling off merger talks and shares of beyond meat soars, as mcdonalds begins testing, the plt, a tomato burger. The house impeachment inquiry remains in focus futures are pairing their gains as the house releases the whistleblower complaint. Joseph maguire is set to testify on the hill, before house intelligence well keep you apprised of headlines for that the president did retweet a comment this morning, suggesting that the markets would crash, if impeachment happens. The history of when clinton was impeached is one of the first day tech was down, 4. 5 . Nasdaq, after that, it was the greatest buyup effort. Im not going to buyin if the markets crash. I would buyin if he was convicted by the senate. You need twothirds of the senate i feel like where we are here is like, the whistleblower you know where were back to were back to one of the situation where
Two of therefore league games so far. Defending champions liverpool have a tricky game at natalie. They lost their in the group stage last season lost their in the group stage last season but that didnt stop them winning their sixth time no title in june and though huge celebrations followed, jurgen klopp said it hasnt affected their preparations for this campaign. You cant imagine how normal it is to carry on after the celebrations. All the private things. It is so easy to carry on normal if you have the right character. If you start going nuts and start taking drugs and drinking and start taking drugs and drinking and driving different cars and whatever and leave your mrs at home because youre a Champions League winner, i cant help you, but were not like this. We want to create more stories. Theres a Champions League debut as a managerfor theres a Champions League debut as a manager for frank theres a Champions League debut as a managerfor frank lampard. He knows how to win the compe
Lets look at constituent movers in regards to all this. This is the position we find ourselves in. The yield one basis point to the upside. Again, we are waiting to hear more with regard from washington as to whether they will be doing anything about trade flows into china. This story has been getting a bit of traction. 7. 12. Aussie 10 year yields have continued to fall back a little bit. Up a couple basis points. The story is the governor of the reserve bank. Keeping his cards tight against his chest, as it were, as we look forward to that Rate Decision tomorrow. 3. 7 . It was priced towards the bottom end of the race. That is the position we find ourselves in. Look atlong, having a some images just coming through. Yvonne what we are seeing here is ahead of the 70th anniversary in china which is the founding of the peoples republic of china. We have some pictures of chinese leaders laying flowers at a monument to heroes at Tiananmen Square on the eve of this national holiday. Take a
A lot less and joining us today to discuss the legal and ethical end of the new brain to computer interfaces it is legal and media analyst lionel offline on media thanks for joining us. I like the ethical part because when it comes out the x. Your guy. Was sued the ethics i am the standard bearer of that dont laugh i am you know i may both you and me were not going but i love your this show right now is looking i think many people still believe that this type of technology is you know buried deep in our future but we actually are very close to this becoming reality and i was reading some words like within 5 years even line are you ready to let facebook read your thoughts rather than take the time to type them. Promise me this well 1st let me thank you for talking about this because i have been screaming about this to the point where people are saying is he being about this because we have this cutesy idea about its not great like robots isnt that great a i r 2 d 2 how sweet danger Will