Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 , largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0. 9 . Treasury yields, this has been the focus all week, yesterday the intraday on the tenyear yield was 1. 793 we are seeing extraordinary moves on a daytoday basis. Getting close to the twoyear feeling it feeling it feeling it little resecessionary feeling i. We have one other piece of Corporate News to bring you. Uber shears undehears unde s uber shears undhares un
Ft Still Holding ground in the big apple. First, to our top story u. S. Markets posted a dramatic slide today as global trade has spooked investors. The endt weekly losses of last year while treasuries rallied for the fourth year as the trump administrations trade spats are on multiple fronts. And the s p had its worst month of the year. We want to bring in Michael Regan from new york. A lot of Different Things going on. Where did we see the bloodshed . The bloodshed was widespread. Nine of the 11 main sectors in the s p 500 were down. Theeally stems from surprise announcement of potential tariffs on mexico. No surprise that the president is ratcheting up the immigration rhetoric with mexico. U. S. Mexicocanada have a trade deal that i think most of the market had assumed was near the finish line. It was recommended to go to the senate in mexico by the president there last night. It was believed that the u. S. Congress would be voting on is soon. That calls that into question and it te
Im skeptical as to whether any of these will take place before the election. It would almost make the election the real trial and the American People the real jurors. I think this is a messy sprawling case. I think the georgia prosecutor obviously has it in for donald trump. I think she has a lot of work cut out for her. Joe biden himself said, you know, we probably shouldnt have call it had the Inflation Reduction Act because its not reducing inflation. Thanks, joe. Welcome to the party. If you want nvidia, buy before the earnings. Its a long term hold. Lauren sugarland. All i want to do. Stuart sugarland. Okay. Lauren reading from the top left hand corner of the screen. Cheater. Stuart its 11 00 on the east castoffs america and its wednesday, august 16. To the markets. First off, the dow industrials now up 130 points. Minor loss for the nasdaq and minor gain for the s p and dow doing okay. Big tech, mixed picture and at the top of the list, microsoft and apple both up. Alphabet, amaz
It is good to see you, my friend. It has been a while, alex. This is the courtroom roundtable tonight. Everyone joining me of course was at the courthouse and it will basically be the gabfest we would have hanging around in the hallways. Can i just say, we didnt talk about this on our show, but trump ordered 14 pizzas for lunch. How many pizzas did you have . Zero. I did not know where the pizza was. You know, he is not the best at sharing, i guess. I mean, who even likes a Chicken Ranch pizza . That was one of the orders. I am excited to see your courtroom gabfest. Have a good show. Michael cohen was on the Witness Stand for 4 1 2 hours today. He was as steady and calm and as unfailingly polite as he has been throughout his testimony, to virtually everyones surprise. The politeness seems genuine. He says yes sir and his answers to Donald Trumps lawyers Cross Examination questions. There was even a moment where the politeness went both ways between Donald Trumps lead criminal Defense L
This is a courtroom roundtable, everyone joining me was at the courthouse and it is basically going to be a gabfest in the hallways. Well, can i just say, trumbo ordered 14 pizzas for lunch. How many did you have . None. I dont know where the pizza was. You know . Hes not the best at sharing, i guess. Who likes a Chicken Ranch pizza . That was one. Anyway, im excited to see your courtroom gabfest. Michael cohen was on the stand for four point five hours today. He was as steady and calm and unfailingly polite as he has been throughout his testimony to everyones surprise. The politeness seems genuine. He says yes sir, and has answers to trumps lawyers crossexamination questions. There was even a moment where the politeness went both ways between Donald Trumps Criminal Defense Lawyer, todd lynch, and Michael Cohen after Michael Cohen give Todd Blackledge a detailed explanation of the new York City Tax business, including regulations of the Taxi Limousine Commission when Michael Cohen owne