The yield curve inverts again, the fifth time in the last week but stocks are shrugging it off. Weaker than expected manufacturing data and this season of retail volatility continues sharp moves in the stocks with more earnings movers coming in the next hour. Watching signals of the Federal Reserve. Philadelphia fed president harker throwing some cold water on any imminent rate cuts. In december i was not supportive of the increase i was supportive of the decrease somewhat reluctantly this time around to get us back to where policy should be were roughly where neutral is i think we are roughly where neutral is right now and i think we should stay here for a while and see how things play out. Well get another view from the Federal Reserve in the next few minutes here on closing bell. Coming up, an interview with dallas fed president Robert Kaplan with steve live from jackson hole joining us for the entire final hour, is mark leeman mark, it does feel like theres a little more optimism o
Vision of Technological Progress. Joel weber is here with us. A great story that is going to make you rethink how you perceive Silicon Valley. Joel we wanted to really open up the whole idea of the issue here. It is really too easy to be down on tech right now. The techlash israel. Antitrust is in the wind. Dont forget that technology and innovators can still do incredible things and sometimes you just have to look outside Silicon Valley. Ashley has spent a lot of time doing that. Jason it is amazing, his and it,s worldview, also comes at a time of real existential questions around Silicon Valley and yet, i found it to ultimately be optimistic. Joel there is a sense of hope. That is the spirit of this whole issue, the sooner than you think issue. Not to just look at the glass halfempty. Lets look at it halffull. Carol solving really serious problems. Thank you so much. Jason more on this issue. Atlast year, we were looking the incredible moment that we were seeing coming back for ai. T
Joel weber is here with us. A great story that is going to make you rethink how you perceive Silicon Valley. Joel we wanted to really open up the whole idea of the issue here. It is really too easy to be down on tech right now. The techlash is real. Antitrust is in the wind. Dont forget that technology and innovators can still do incredible things and sometimes you just have to look outside Silicon Valley. Ashley has spent a lot of time doing that. Jason it is amazing, his purview, his worldview, and it also comes at a time of real existential questions around Silicon Valley and yet, i found it to ultimately be optimistic. Joel there is a sense of hope. That is the spirit of this whole issue, the sooner than you think issue. Not to just look at the glass halfempty. Lets look at it halffull. Carol solving really serious problems. Thank you so much. Jason more on this issue. Jeff last year, we were looking at the incredible moment that we were seeing coming back for ai. This year, in the
Headquarters here in new york. Good to be with you. Im annemarie green. A glitch in the gop efforts to push a sweeping tax overhaul bill through congress. Senator marco rubio said he wont support the measure unless the Child Tax Credit is increased, and at least two other republican senators have yet to commit to the bill which will be unveiled today. Good morning, brook. Good morning, annemarie. Theres a lot we already know about this bill. The Corporate Tax rate will drop to 21 . The top personal bracket will fall to 37 . But the number republicans cant be sure of is 50. Thats the number of senate votes theyll need to pass this bill. The slim margin the republicans seem to have in getting their tax bill through may be vanishing. Senator marco rubio has turned out to be a key voice of dissent. He says no unless the child tax care gets a bump. Until they add to the figure, i wont support the bill. President trump insists all is still good as hes delivering what he calls a christmas peo
Welcome to friday. 6 00 in london. 7 00 in paris or berlin. Lets check where we are in the market action. We got the msci asiapacific up. Volatility in treasury markets allow a few more gains. We see the japanese market down. Up around 0. 4 . It does not mean we stop worrying about global concerns. It is on its weekly gains. We are keeping track of the strong gains yesterday. We got a change of guidance from the ecb raising questions when will you get changes in guidance. Goes insideedwards baseball, but lets talk about central bank speak. Agoe was a song many years called, big in japan. Weekend of the january 5 that started back in october. The unsettling of the global trade story between north korea, south korea, and japan. You are seeing the bond at risk in japan dropped to a 10 month low. , theave fresh readings Current Conditions index is on an upper upward trajectory. Forwardlooking indexes also remaining high. I want to give you fast facts. The nikkei has had the best start sinc