Wapner starts right now. Welcome, good to have you with us on this tuesday. Our Investment Committee here at the table. The ceo of arias Asset Management stocks are in the red, again a day before fed chair Jerome Powell delivers testimony before Congress Amid expectations that the central bank will cut Interest Rates later this month. So much, pete, it seems is riding on that what felt like, i dont know, almost like a foregone conclusion but then you have the jobs report and now there seems to be some question as to whether powell and Company Really have your back or not then you have larry kudlow talking about hes probably safe i mean, i dont know how much you buy. Or is that a negative that he gives excellent coaching in the sporting world everything is great everything is great now youre out of here i tell you what, that wouldnt be shocking to me. I dont know if that is shocking to anybody on the desk it wouldnt be shocking to me. I think that is the focus right now. Trump has gotte
Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks response last week. Shortly after the letter was sent, facebook formally announce ds its intention to launch the Payment System libra and issued a white pape
Drive global trade. Problem. Ids, a the vast majority of children are not watching. The Smartphone Market taking a huge hit in the trade war. Apples iphone could be seen weaker than expected demand, especially in china, and huawei gave a doomsday estimate for smartphone sales. The company is ready for a drop of up to 60 in International Smartphone shipments. Founder expects to revenues by 30 billion to slash revenues by 30 billion over the next few years. International shipments that go outside of china account for about half of Huawei Smartphone sales, and that is a chunk. He talked about the revenue hit. They dont want to resort to mass layoffs, they dont want to sell off parts of the business, and they dont want to reduce research and Development Spending it people close to the spending. People close to the situation tell me they have been looking for that dropoff in smartphone sales. This is something weve been talking about, talking to partners, customers across europe, saying the
Youtube kids, a problem. The vast majority of children are not watching. The Smartphone Market taking a huge hit in the trade war. Apples iphone could be seeing weaker than expected demand, especially in china, and huawei gave a doomsday estimate for smartphone sales. The company is ready for a drop of up to 60 in International Smartphone shipments. The huawei founder expects to slash revenues by 30 billion over the next few years. International shipments that go outside of china account for about half of Huawei Smartphone sales, and that is a chunk. He talked about the revenue hit. They dont want to resort to mass layoffs, they dont want to sell off parts of the business, and they dont want to reduce research and development spending. People close to the situation tell me they have been looking for that dropoff in smartphone sales. This is something weve been talking about, talking to partners, customers across europe, saying theres a dropoff because people dont know what will happen
It was the buyers, then the index of the total games recorded a negative 64 percent, equivalent to 13,200, it should be reduced, and then two million and 37 thousand, and again with the game 84 percent, equivalent to 6,000 units, reducing the number of 713,500 collections of retail transactions to approximately 4 thousand. And 600 billion tomans receipts for purchase and the sale of rings is about 600 billion tomans, the outflow of money shows the shares of mister , rana, saipa, and khodro, the most positive impact on tasiku, ena, and banks. The most negative impact is what film and farsi content has at the end of the market, less than 30 of the symbols. Were in the positive range and had the highest value of transactions regarding the group itself, metal and chemical products, and the result of money entering the fixed income funds was almost more than 50 billion tomans, buying 710 billion against 600 billion sell orders on the board in the terminal the number of shopping queues in th