To know to stay safe. The white house fires back, President Trump and a his attorneys will not participate in the impeachment hearings this week. Weve got the latest from capitol hill as the first impeachment draft is reviewed and republicans ramp up their calls for adam schiff to testify under oath. Mornings with maria begins right now. The city never sleeps at night. Its time to begin, isnt it. I get a little bit ill admit im just the same as i was. Maria weve got a great show this morning. Joining the conversation, Dagen Mcdowell, pwc partner mitch rochell and James Freeman. Great to see everybody this morning. So here we are, hope everybody had a great thanksgiving. We are now in december, three weeks left, legislatively, for congress. Usmca expected to come to the floor in the next two weeks, youve got china, you had a great op ed this weekend. Thanks. Maria on making mexico pay for doing a deal with trump. Its kind of amazing. People have been living in a cave for the last year.
The charge and treasury yields surge as markets are at record all time closing high territory for the major averages joining us for the hour, stephanie link good afternoon to you. Today is what trade headlines that push us higher but with that rise in yields is improving sentiment. Three thing its trade and obviously the roll backs on tariffs. Potentially. Well have to see how that works out. Earnings earnings are better. 2 better than expected. Not great. Flattish overall but next year even though numbers have come down still looking at 10 Earnings Growth. Maybe the story is Third Quarter, Fourth Quarter is trough in earnings and most important to me what is driving the risk on trade is Global Growth stability if you look at german factory orders, you look at german pmi services yesterday, you look at italys pmis, they are not great but stabilizing. Thats causing yields to rise and with it the cyclicals sector big final hour here thanks for being with us lets drill down on the other b
Computer networking equipment making headway in ai. And in Security Technology grid we break down ciscos results. Meanwhile, raising 20 billion of market value in one day alone after posting the slowest Revenue Growth since the europeans payment shines ipo. We will bring the details, but were talking about an erosion grid once again, sentiment on the downside on the nasdaq. These arent enormous moves. But the volume a low will see some nervousness around what is happening in the bond market. Significant selloff. A rate at which we are inclining and yield spread we are seeing another six basis points added on the tenure. This will come thick and fast. U. K. Yields are upper us across the world. A movement to bonds that will see Interest Rates continuing to have to remain at a sustained high level. Interesting that we got a reprieve in china. China is throwing everything it can from a government perspective at stabilizing the economy. We are worried about the property sectors in the econ
Taiwan roc by its strongest earthquake in people trapped in a Highway Tunnels as aftershocks shake the island. And rare apology from israel after it strikes a convoy of food trucks in gaza, killing humanitarian aid workers. The military says it was an accident, but cnn and analysis is raising some serious concerns. Were following these major developing stories and many more all coming in right here to cnn newsome the prosecution is now laying into the judge in the Trump Classified documents case Special Counsel jack smith is Questioning Judge Aileen Cannon Understanding of the case in a new filing suggesting that shes tilting the case in Donald Trumps favor. Now, this isnt the first time that smith has taken issue with the trump appointed judges handling of the case . But this is his most bluntly worded pushed back, yet lets break it down with cnn, chief Legal Correspondent paula reid. Paula essentially, jack smith is arguing that judge cannon is totally disconnected from the facts of
This is the stoxx 600. We see a little bit of pressure, down from 0. 6 . We saw a mixed session in asia trading. And we have this pressure on bond yields. Around the world. This served the boj into action to keep rates from getting out of whack. We have a good interview from our tim ross yesterday. 223. E, 1. 4 coming up on bloomberg surveillance, the speakers to the chief Financial Officer as the danish lender unveils a 1. 7 billion buyback plan. A little later, its the brexit show. We areb ack on were back on track and we discussed trade. We also discuss jobs and growth with roubini. The bank of japan has announced the first unlimited fixedrate bond purchase operation since july, seeking to assert control over the nations yield. The central bank offered to purchase 10 year notes over a fixed rate of 0. 1 and expanded purchases at the regular operation for the second time this week. The boj target for the 10 year yield is around 0 . Lester they offered to purchase an unlimited amount