Right this hour, where there is still here one hour left of it. Good to have you with us here for closing bell. Im Contessa Brewer in for sara eisen today. It has been a big year for stocks the dow, the s p, the nasdaq all on pace to close the year higher by more than 20 well tell you which names have seen the biggest gains and with tech up by nearly 50 this year, well have an exclusive interview with Tech Hedge Fund giant, dan niles. Hell give you a peek into his 2020 playbook. Also, we didnt answer bills question lets do it what is your drink . Whatever gets put in front of me great answer. Very good answer, indeed mine might be an Old Fashioned tonight. We shall see but we have to get back to the show lets take a look at whats driving the show 59 minutes left. Were down 40 points on the dow. A little bit of rebalancing as investors get ready for the new year President Trump tweeting today he will sign the phase i deal with china on january 15 and Consumer Confidence data out this mo
Ride still means it is far too early to say hello. Welcome to bloomberg daybreak asia. I have some breaking news. South korea data coming in. Gdp numbers first. The final reading of the Third Quarter readings. They have been quite bullish in the preliminary numbers driven by exports growth out of south korea. 1. 5 are the final numbers, slightly better than the preliminary figures. Also, above what the preliminary numbers werent that were reported earlier. Inflation also coming out pretty tepid. A decline of 0. 7 . A retraction. No change was expected month on month. And year on year inflation falling short of forecasts, 1. 3 . It was estimated to be 1. 8 . And core cpi year on year toling short, 1. 2 compared the estimation of 1. 7 . Happening asion is the bank of korea raises things by 25 basins basis points. Have raised said we rates but it is still very accommodative. Paul it will be interesting to see what the bank of korea goes to next especially considering the weaker than expec
Equities for the second half of the year. Stock Market Investors are having to deal with a few bumps during the First Six Months and while volatility is low for now, there are a host of reasons why it could pick up. First, the greek debt situation has now gotten bad enough to spark Global Market concerns. Stoc across europe and asia have caused big swings which could cause a voter referendum in greece on whether to stay part of the euro currency. However, many experts believe the u. S. Will remain rather eninsud from the worries there. The next one is the fed whether they will raise Interest Rates. Look for that kind of uncertai continue. And then theres corporate profits. S showing signs of slowing. They expect a decline for the Third Quarter and u. S. Stock markets have not seen a pull back since 2011. Those are a few sparks to a fresh downside move in the second half of the year. For nightly busine im dominic chu. As dominic just said investors will be watching corporate profits ver
Equities for the second half of the year. Stock Market Investors are having to deal with a few bumps during the First Six Months and while volatility is low for now, there are a host of reasons why it could pick up. First, the greek debt situation has now gotten bad enough to spark Global Market concerns. Stoc across europe and asia have caused big swings which could cause a voter referendum in greece on whether to stay part of the euro currency. However, many experts believe the u. S. Will remain rather eninsud from the worries there. The next one is the fed whether they will raise Interest Rates. Look for that kind of uncertai continue. And then theres corporate profits. S showing signs of slowing. They expect a decline for the Third Quarter and u. S. Stock markets have not seen a pull back since 2011. Those are a few sparks to a fresh downside move in the second half of the year. For nightly busine im dominic chu. As dominic just said investors will be watching corporate profits ver
Heres what to watch for for equities for the second half of the year. Stock Market Investors are having to deal with a few bumps during the First Six Months and while volatility is low for now, there are a host of reasons why it could pick up. First, the greek debt situation has now gotten bad enough to spark Global Market concerns. Stoc across europe and asia have caused big swings which could cause a voter referendum in greece on whether to stay part of the euro currency. However, many experts believe the u. S. Will remain rather eninsud from the worries there. The next one is the fed whether they will raise Interest Rates. Look for that kind of uncertai continue. And then theres corporate profits. S showing signs of slowing. They expect a decline for the Third Quarter and u. S. Stock markets have not seen a pull back since 2011. Those are a few sparks to a fresh downside move in the second half of the year. For nightly busine im dominic chu. As dominic just said investors will be wa