Josh brown its been a safe spot for august its entirely to be expected where bond yields. I was asking people today, you can have a 30year treasury, or and whatever up side you might get. Yielding 4. 17 , plus a buyback, which one do you want . I was amaze d you dont think tl is volatile . Or look at the balance sheet, too much dead. Theyre supposed to have a lot of debt. The other pushback is the bond picture details something recessionary but there are some categories better than Others Companies that have a business that seems to be less reliant on discretionary Consumer Spending. Its that they will provide padding or cushioning. I dont know how much cushioning there is left at these prices. Bo pisani is diving back into new controversial brexit headlines, and mike santoli nice rally. Energy stocking keep going down okay, most of the stocks are down, and many are near lows routinely. They had very missioned everyone results. Look at the months, and dillards and khols down, most of t
Since worst month 20112012 for that group on the top. At the aussie and kiwi dollars and the kiwi took out its 2016 low and we are now for the lowest level since september 2015. Youve see ny onshore, got this chart. We have the worst month in seven years of e. M. Fx. We also have traders with the onshore yuan weaker than the official reference. David the two Exchange Rates and the fix. We will you show you the chart later on but backward looking. It sets us up in april various situation precarious situation into september. Yvonne we are still dealing with the headline risk. President trump saying the u. S. And china will renew trade calls, although he offered no details or timeline on what happens next. He spoke after beijing indicated it mauled immediately retaliate against additional increases and wants to prevent further escalation. The u. S. Is said to slap extra tariffs on 110 billion worth of imports on sunday. China vowed to strike back with levies of 75 billion of goods but sai
The british Prime Minister says he wants a fast track visa scheme to attract foreign scientists to the uk. Now on bbc news live to singapore for Asia Business report. Hoover disappointing. Shares are down sharply after the firm reported its latest results uber. Brisk domestic demand, japans economy grew stronger than expected, betrayed tensions are expected to weigh the future. In the future. Hello and welcome to this friday edition of Asia Business report. Im Sharanjit Leyl. Edition of Asia Business report. Im shara njit leyl. We edition of Asia Business report. Im Sharanjit Leyl. We start with uber because it shares are falling sightly in extended wall street trade sharply. The firm has lost over 5 billion in the three months tojune. Over 5 billion in the three months to june. The bbcs over 5 billion in the three months tojune. The bbcs Michelle Fleury has more. Responding to urban puzzle make Second Quarter results, ubers Second Quarter results. Uber has turned into the magical mone
Government has backed down from this controversial extradition bill. They have suspended it. They want it withdrawn. That is why they are staying here. They also want carrie lam to resign. In a press conference, carrie lam was asked about it at least seven times. She sighed skirted the issue. That is the big elephant in the room. Will carrie lam eventually have to step down because she has blown what analysts tell me is all of her political capital. David we want to talk about the big elephant in just a moment. In the meantime lets go to washington. News came out earlier that iran will be going beyond where they had been on the Nuclear Agreement with respect to uranium. How big of a step is this . Nick it does not alter the trajectory of Irans Nuclear program. It is still within the bounds of relative normalcy but this is clearly a message iran is sending to europe to say we are going to start to test the limits of the nuclear deal that the United States abandoned about one year ago bu
A jam packed show today so lets go ahead and dive right in. The ongoing trade war with china leads our global report again today as wall weighs Consumer Division c. E. O. Richard you confirmed an indefinite delay in the companys much anticipated new line of laptops while we was set to reveal a new line of windows laptops at c s asia in shanghai this week although they didnt plan on a while announcing a release date trade sanctions imposed by the u. S. Government have hampered wall weighs ability to procure products from American Companies including Microsoft Software and processors made by intel you also told c. N. N. We see on one stay the weiwei may never be able to release their new laptops if the Company Remains on the u. S. Commerce department list. Despite the setbacks in the Consumer Electronics field while his chief strategy architect one sean told the Financial Times while was working with volkswagens audi and a joint venture between chinas g a c and japans toyota busy to prov