Others. An extraordinary year to look forward to. Thank you so much for being with us. Much to talk about in the next halfhour. I want to talk about your new effort, thinking about immigration and what it means. We must talk about the central bank. Weve got to talk about the markets. You have been the gloom cruise great pinata. Good times, bad times. We cannot possibly go up. Confounded off the gloom of last december, but confounded over one year, five years, 10 years to good and substantial equity returns. When does it end . Abby tom, thank you first of all for having me here for this discussion. Gloom at yearend 2019 in many ways set us up for a good start to 2019 in the markets. One of the things i am concerned about is just how happy everybody is as yearend 2019. I think what is priced into the market right now is an economic scenario that seems to be the most likely. No recession. The economy perking up a little bit. Corporate profits in single digits, maybe higher growth. It is p
A worse than expected contraction in the sector as you point 3 this revealed a worse than expected contraction in the sector as the u. S. Manufacturing fell to its lowest level in a decade this is also the 3rd straight contraction for the i assume as exports escalated trade u. S. Manufacturing fell to its lowest level in a decade this is also the 3rd straight contraction for the i assume as exports dived amid escalated trade war the continuing contraction showed the challenging environment u. S. Manufacturers are facing war the continuing contraction showed the challenging environment u. S. Manufacturers are facing as this sector was once considered a big winner under the trumpet ministration winning as this sector was once considered a big winner under the trumpet ministration with its. Main benefactor manufactured. Back to back to us shores. Production felt all. 46. 00 and imports fell to 45. 00 registering the lowest rate of 46. 00 and imports fell to 45. 00 registering the lowest r
Totting continues to sweep trans across the globe the streaming wars are beginning to really heat up r. T. Correspondent Rachel Blevins joins us today as are beginning to really heat up our t. V. Correspondent Rachel Blevins joins us today to plug into the details of what lies in store for show viewing. Today and to plug into the details of what lies in store for show viewing. Shows today its a lets get to it. The nasdaq and the s. And p. 500. 00 to lets get to it. The nasdaq and the s. And p. 500 both hit fresh 52 week highs today as october job data came back sugar bowl hit fresh 52 week highs today as october job data came back stronger than expected payroll came in at 128000 versus expectations stronger than expected payroll came in at 128000 versus expectations. 85000. 00 even with the negative impact of the g. M. Strike of 85000. 00 even with the negative impact of the g. M. Strike the Unemployment Rate rose modestly to 3. 6 percent as expected however the Unemployment Rate rose
Progress on divesting Growth Continues ahead of schedule in the Permian Basin as it made Good Progress on divesting nonpoor assets Falling Oil Prices and oversupply continues to be a concern for assets following oil prices and oversupply continues to be a concern as exxon is exceptionally vulnerable to any slowdown in Global Growth as exxon is exceptionally vulnerable to any slowdown in Global Growth year to date exxon is flat as the entire Energy Sector is facing headwinds from higher production career to date exxon is flat as the entire Energy Sector is facing headwinds from higher production costs and weakness in refining. Costs and weakness in refining. Earlier this week the Asia Pacific Economic cooperation summit set for mid november and saw earlier this week the Asia Pacific Economic cooperation summit set for mid november and some. Chile was cancelled amid widespread protests in the nation due to its proposed was cancelled amid widespread protests in the nation due to its propo
Week the Asia Pacific Economic. Earlier this week the Asia Pacific Economic cooperation summit set for mid november in santiago chile was cancelled amid what cooperation summit set for mid november in santiago chile was cancelled amid widespread protests in the nation due to its proposed increase in Public Transportation fares spread protest in the nation due to its proposed increase in Public Transportation fares and what demonstrators call economic inequality news of the cancellations what and what demonstrators call economic inequality news of the cancellation swept across the globe as it was anticipated that president s donald trump and whats up across the globe as it was anticipated that president s donald trump and she would sign phase one of the trade deal between the United States and china following these a 9 phase one of the trade deal between the United States and china following these. Reports officials from both sides were quick to dispute the prospects of such a sign init