Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. I am jack otter. What is the fitch rating downgrade mean for the healthy economy. Has the fed defeated inflation . Ill ask economist Jeremy Siegel remember the jetsons flying cars, we are one step closer as air taxis are set to kick off jovian beaver will tell us how it works. Later tupperware popped the lid off stop jumping 500 in one month. We begin as always with three things investors on a think about right now. Stocks were down for the week as bond yields search ten year treasury hitting the highest number since last november before pulling back on friday but cooler the inspected jobs report lifted spirits to end the week. Ship stocks have rallied on a. I. But rally from the biggest Semi Conductor disappointed investors. Amazon with a massive profit, will take a look at the tech giant stop what we learned about the health of the consumer. On the barrons roundtable carleton english a
Sun burn and swap in the sunset gleams thrown in ultimate glory, youre a city of mist and a city of dreams. Welcome to the 10th anniversary of the closing ceremony of black history celebration of San Francisco lets give yourselves a round of applause. [cheers and applause] we want you to feel inspired. We want you to feel uplifted and we want to you feel curious about the history of this wonderful city by the bay and how black history is San Francisco history. We are celebrating the trailblazers, you know that came from San Francisco have been still coming from the gold rush era to wwii. When tens of thousands of African Americans including my parents came to San Francisco as part of the great migration, they came from the south and the west and midwest. They came for better way of life. They came to celebrate their gifts can and by the end of wwii, the filmore district had earned the title of harlem of the west. Now although the numbers of African Americans have dwindled and decreases
Jack welcome to barrons roundtable where we get behind the headlines ever. For the week ahead i am jack otter. Coming up key data on the resilience of u. S. Economy as investors look ahead to the fed meeting and thirdquarter earnings all asked treasury partner Richard Saperstein on what stocks he is by now. It is now the time to buy bonds, yields looked tasty, the ten year treasury hitting a 16 year high of fiv 5 earlier this year expert panel will tell you how to play it. The transition to electric cars is not going so smoothly for some of detroits biggest automakers, we began with three things investors to be thinking about right now. Stocks sank by 1 as big tech earnings failed to impress, investors are now looking toward the fed wednesday meeting where its expected to hold rates steady. The second big oil merger of october is underway, chevron announcing it all by hess less than two weeks with axons deal with pioneer natural resources, should you add more energy to your portfolio.
Jack welcome to barrons roundtable where we get behind the headlines ever. For the week ahead i am jack otter. Coming up key data on the resilience of u. S. Economy as investors look ahead to the fed meeting and thirdquarter earnings all asked treasury partner Richard Saperstein on what stocks he is by now. It is now the time to buy bonds, yields looked tasty, the ten year treasury hitting a 16 year high of f 5 earlier this year r expert panel will tell you how to play it. The transition to electric cars is not going so smoothly for some of detroits biggest automakers, we began with three things investors to be thinking about right now. Stocks sank by 1 as big tech earnings failed to impress, investors are now looking toward the fed wednesday meeting where its expected to hold rates steady. The second big oil merger of october is underway, chevron announcing it all by hess less than two weeks with axons deal with pioneer natural resources, should you add more energy to your portfolio.
The analysis with the pmi chair. Welcome to bloomberg markets. What have you got . We were expecting 53. 5. This is where the interest lies. It sticks at 50 eight point nine. That is inflation within services, which is interesting. It is the new orders component that is really where the action is. It is the is the summer boom finally over . Quest you have yields down by about five basis points, so no dramatic movement. Is it weaker news is good news . Quest you have to break it down and figure out what to focus on. It is a really solid number, but we have had this really strong summer and now we may be starting to see it fading a little bit. It is the analysis. How should we be reading this data . Looking at the report, we had a slight pullback. This sector still looks strong. It was driven mostly by Retail Industry in september, into august. Now we are looking at this last quarter. Still on track for finishing up the year pretty strong. Why . Quest you touched on it earlier. People we