United kingdom triggers article 50. Brexit. Theresa may vows to get the best deal from the u. K. While e. U. Leaders seek an orderly withdrawal. It could have a huge impact on the economy and cause ripple affects across the globe. The Fintech Industry has been growing rapidly in the u. K. , up to 25 billion. We spoke with the u. S. General manager at a u. K. Based peertopeer Money Transfer business. It has been an interesting time in fiintech. I will explain why this is relevant. We are a platform for moving money between countries, so our customers Live International lives across borders, so the brexit vote was averse to one of the things, which is living the lives they live across borders. In the company, a lot of staff have come to london or other offices around the world and identify with the problem we solve, which is expensive bank transfers. They have the problem because they Live International lives. A lot of our staff are people who are internationals. I want to kick it off wi
United kingdom triggers article 50. Brexit. Theresa may vows to get the best deal from the u. K. While e. U. Leaders seek an orderly withdrawal. It could have a huge impact on the economy and cause ripple affects across the globe. The Fintech Industry has been growing rapidly in the u. K. , up to 25 billion. We spoke with the u. S. General manager at a u. K. Based peertopeer Money Transfer business. It has been an interesting time in fiintech. I will explain why this is relevant. We are a platform for moving money between countries, so our customers Live International lives across borders, so the brexit vote was averse to one of the things, which is living the lives they live across borders. In the company, a lot of staff have come to london or other offices around the world and identify with the problem we solve, which is expensive bank transfers. They have the problem because they Live International lives. A lot of our staff are people who are internationals. I want to kick it off wi
10month high. Mashlgts are chasing histories this morning. Dows within 79 points of an alltime intraday high, jim, looks like we might get it closer to the open than some thought. Its interesting. Its the makeup. The makeup is extraordinary. It is completely trumprelated. This expansion in the banks is not just because of regulation, but its also because of Interest Rates going higher but also because people feel loan growth is going to be better, people feel lower taxes. So that group is a leader. That group has been when that group leads, carl, thats a freight train. Its always been a freight train. One remembers the 9192 come out of recession led by the banks, led by bank of america, what you saw there was a juggernaut. And those who said, hey, that cant last. Well, theyre not in the business anymore. Everyones weighing in. Icahn with wapner yesterday. Donald trump this morning saying he sold all his gold. Hes long the dollar. Long materials, short u. S. Bonds, short italian bonds.
Conversation with a foreign head since the election last week. Top of the agenda, as you mentioned, its going to be trade, its going to be business, its also about security at this point. Japan is the Third Largest economy in the world. Americas fourth largest trading partner. And very central to the transpacific partnership, the tpp, which a lot of people think the tpp is pretty much dead. Abe isnt convinced just yet. This is an attempt by him to maybe make one last push to convince donald trump of the merits of more global trade. Security is very important to japan given that they are in a region with a rising military power in the form of china. Donald trump has threatened to pull u. S. Troops out of the country. He has also encouraged japan to maybe seek a Nuclear Arsenal of its own to counter the weight of a rising Chinese Military power. But were going to try to get to an official photo later today. No video is allowed at this meeting because its seen as a less formal meeting. Th
Solarcity official. Look inside the deal, plus, what elon musk has to said. And china urging with didi. Under the deal, theyll invest a billion. What it means for ride sharing competition. First up into the first trading session of august, s p looking to host its sixth monthly gain with a dow aiming for a sevenmonth win streak. Crude in yul, wti turn nd the worst month of the year, then goldman downgrading. The firm says ek pensive valuations and poor growth are to blame. We know they have not trusted this rally. No. Flat. And yet at the same time, its been a rotational strength. Technology was really strong last month. Now, i dont know if people realize how unusual that is. Technology is historically weak during the summer. You simply do not get the kinds of gains we got. European is supposed to go away. Look at what happened last week. Takeovers, unbelievable numbers from a bunch of the real big cap stocks. Semiconductor consolidation continues. Yes, its possible stocks do new york c