be a major concern for the market considering the federal reserve s role in the markets in the economy and worldwide and that s what s concerning people here ok a lot of concern you re mentioning zaf just briefly any chance there for a year end rally. i wouldn t rule it out you can never rule it out especially with what went on in the past days but talking to people here no it s not going to come it was a bad year two thousand and eighteen it still is a traitor says and looking at two thousand one thousand it s not going to be better and i think he s speaking for a lot of people here in the market actually bought in frankfurt thank you so much. well german companies have mixed feelings about business prospects in twenty nineteen their biggest concern is the export sector which could be impacted by the ongoing trade spat between the u.s. and china and of course the upcoming brics and
not dead yet. that answers that. then there s the stock market and the economy. markets were up but are still on pace for the worst december since the financial crisis thanks to fears that include the president s trade spat with china and his argument with the fed over raising interesting rates. we have said it before but it bears repeating, usually, a presidency is tested by a crisis. what happens when the presidency itself is largely the crisis? or in this case, crises. we have the latest fall out over the shutdown. msnbc legal analyst and former u.s. attorney joyce vance is here to break down those legal woes. the panel is here for what it means politically.
a little bit of christmas cheer and there s still time for that. thank you so much for this. now of course one of the problems pressuring stock markets worldwide is the ongoing trade spat between the u.s. and china it might have implications for the german jobs market in twenty nineteen that is according to the german chamber of commerce the analysts expect five hundred thousand new jobs to be created in germany throughout the coming year that will be quite a bit fewer than the five hundred eighty thousand new jobs created this past year the reasons obstacles in trade uncertainty around the upcoming brics it and a general cooling off of the well to qana me. iran s president hassan rouhani has submitted next year s budget to parliament it is the first budget since the united states restored sanctions against tehran sanctions that had been lifted under the nuclear deal. iran s government faces acute economic challenges at less
about eleven billion dollars a quarter all cost stocks rose nearly. all of the new models. well one point two percent drop in the share price doesn t look like investors are too nervous a strain colored boos of the frankfurt stalking stance call out how much of a problem can this become for. the concerns on the trading floors are quite outspoken and make no mistake this is one point three percent drop in apple s share price is not the whole picture apple has lost a huge chunk of its market capitalization since the beginning of october at the beginning of october apple was worth a bit more than one trillion u.s. dollars now it s worth around about eight hundred billion and a lot of this loss of course has to do with concerns among investors that the trade spat between the u.s. and china will become
government is planning to roll back tariffs on american cars. that s according to a source familiar with the conversation with the top chinese official and u.s. trade reps. right now there s a 40% tax on vehicles in the united states. the source says the chinese officials are bring the tax back down to 15%. that source spoke to blake burman that is live from the white house. what else are they telling you? there was a phone call last night with three of the major players, robert lightheiser and steve mnuchin. according to a source familiar with that call, i m told that china talked about purchases of agricultural products, a road map for future negotiations and how the talks might go on out. the big one is reducing auto tariffs. it was 15%. then the trade war, the trade