Even how many hamburgers you can eat. They want to defund the police and take away Second Amendment rights. They want Free Health Care for illegal immigrants. Yet they offer no protection for unborn americans. They want to pack the Supreme Court with liberals. Thiswant to codify all of by making the swamp itself, washington, d. C. Americas 51st state. With two more liberal senators, we cannot undo the damage they have done. Democratsderstand why spent an entire week telling us about who joe biden is, not what he intends to do. I am immensely proud of the work the Republican Senate has done. We are the firewall against nest Nancy Pelosis agenda. We will not be bullied by a liberal media intent on destroying americas institutions. We will stand our post on behalf of millions of americans whose stories are told in americas newspapers whose struggles are just as real. We will continue to support American Families as we defeat the coronavirus and return our economy to the envy of the world.
Selloff. Yesterday the nasdaq fell almost 5 . Apple in terms of market cap loss biggest market cap lose ever in one day. The race for the white house turning to swing states. President trump talking tough on crime during a stop in pennsylvania while joe biden visited wisconsin for the first time in nearly 2 years. Later this hour i will be speaking with scott car presenter whose business burned down during kenosha violence. Coronavirus taking down the dark knight. Mornings with maria begins right now. Checking Global Market action, european losses, almost 1 gain in england, in france, more than 1 . In asia overnight it was red across the board really following wall streets losses on thursday, south korea, shanghai, japan all to downside man wanting in Fatal Shooting of President Trump supporter in portland is now dead, Cheryl Casone has more, cheryl. Cheryl thats right, antifa member was shot killed an overnight by officers. The 48 pulled out gun right before she was shot. He was wante
Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up slightly. The nasdaq down. Continues to be newtons third law what goes up must come down. We are seeing a bit of a reversal. On the day and the week, even though we had the nasdaq down, we also had the nasdaq 100 fix down. Next week, maybe some of this choppiness will leave. You see apple down again on the day. Pointing to the idea that next week maybe in the near term, some of the choppiness will leave. If we go to the terminal, we have a great heart. Over the longterm, this probably suggests
It is the end of an era, possibly. Prime minister shinzo abe plans to resign for Health Reasons. He is expected to make an announcement imminently. Jerome powell plans to let inflation and unemployment run there if he can get them in a ship that will likely keep Interest Rates low for years. Tiktok. Battle for walmart joins microsoft making a joint bid for the apps u. S. Asset. Can they fend off oracle . Just under an hour from the start of cash trading in europe. Lets look at futures this morning, even as the nikkei 1. 4 , you know, it had been gaining, the topics and the nikkei had been in the green and both fell. European futures are holding up. We still see green arrows on ftse and dax futures. Take a look at u. S. Futures. Green arrows there as well. Even after alltime highs once again hit yesterday on the s p and the nasdaq and the shinzo abe resignation report pulls down japanese stocks, u. S. Futures holding strong. Atside of japan it remains risk on and to the week. Anna a lot
You might say better late than never. Adam that is exactly what i would say. Better late than never but also powell and Richard Clara for the process. There is a reality going back to well before the Global Financial crisis that the phillips curve has been flat. This is a fancy way of saying you can have deviations in inflation deviations in employment to the upside and you do not get that much inflation for it. Then you combine that with the reality we have seen in japan for a long time and in the u. S. And europe for the last 12 to 15 years that when youre too close to zero on your Interest Rate balance, you cannot react as well as you should to policy and adjust policy. Fomc powell and the they unanimously adopted the statement before he spoke what jay powell and the fomc are saying is they are catching up with reality. And jay powell was framing this as we have to be realistic and pragmatic. This is how the economy has changed in our process must reflect the way the economy has cha