Anna a warm welcome to bloomberg daybreak europe. I manus cranny. Donald trump with his First Press Conference yesterday, seven days until his inauguration and this is what he managed to interview as the ,arkets, the trump trade because of the lack of detail, we have a great quote from oscar wilde, in matters of grave importance in terms of physical, style not sincerity. Ofhas delivered a lack detail, and thats what the market has latched onto. His Donald Trump Style this is the dollar index. You can saven, but the trump mania trade has faltered. Anna show me the details is the market of the message the message of the market. How much does he cut back on globalization and what kind of fiscal stimulus, more importantly. Was that an unfair expectation . He was dominated by russia and Donald Trumps business interests, as we know. Lets show you where we are on overnight interest. The dollar index reflecting the questioning of the trump trade, more so reflected in the dollar against the yen
First, we start off with the banks. Despite the major reversal the financial still dragging. Checkout the regional banks tracked by the kre now negative for 2017 down more than 1. 5 today. J. P. Morgan, wells fargo, bank of america, set to report earnings tomorrow morning. Will Bank Earnings derail this rally, pete . Youre an owner, are you worried . No. What weve seen is this consolidation going on for over a month. If you look at the range, banks youre looking at basically call 23 to the upper 23 it, 23 it 80. And thats where weve been and where did we finish today. By the time everything was said and done, we finished at 2340. So its sitting right where we want it to be right now those of us that are on the bullish side. When i go to last quarter and i see the numbers that were produced, all these are going to be reporting tomorrow, were going to find out but my hunch is that the banks are doing extremely well still. I think the environment was great for trading. Because of that and
Outgoing president barack obama bids and emotional farewell. He vigorously defended his time in office and urged americans to protect the nations democratic ideals. Could it rival the Sydney Opera House . Spectacular philharmonic, the concert hall putting on a starstudded opening concert tonight. Im brent goff, good to have you with us. Donald trump came out fighting as he denied reports that russia has compromising information about him. In his first News Conference since late july, the president elect said u. S. Intelligence agencies may have released the information he scolded news organizations in the u. S. For publishing the material. He admitted publicly that russia was probably behind the hacking of the Democratic National committee during the elections. Donald trump when 160 seven days without a press conference, the longest of any president elect. It was supposed to be about his conflicts of interest before he won the Electoral College but the first questions were about the sa
From South Carolina back to michigan, you can go anywhere. Youve got a lot of states at play, a lot of competition. So its not like, oh, gee, im taking the competition. Youve got a lot of places you can move, and i dont care, as long as its been the borders of the United States. There will be a major border tax on these companies that are leaving and getting away with murder, and if our politicians had what it takes, they would have done this years ago, and you would have millions more workers right now in the United States that are 96 million really want ago job and they cant get, you know that story, the real number. Thats the real number. So thats the way it is. Okay. Go ahead. I have a question about the Supreme Court and the border security. Yes. But i also want to ask you about something you said on twitter this morning. Are we living in nazi germany . What were you driving at there . Do you have a problem with the Intelligence Community . And the Supreme Court, whats your time l
Something to do with leaking the claims. He covered lots of ground in his first News Conference since the election today. We will go to washington for the latest. Outgoing president barack obama bids and emotional farewell. He vigorously defended his time in office and urged americans to protect the nations democratic ideals. Could it rival the Sydney Opera House . Spectacular philharmonic, the concert hall putting on a starstudded opening concert tonight. Im brent goff, good to have you with us. Donald trump came out fighting as he denied reports that russia has compromising information about him. In his first News Conference since late july, the president elect said u. S. Intelligence agencies may have released the information and he scolded news organizations in the u. S. For publishing the material. He admitted publicly that russia was probably behind the hacking of the Democratic National committee during the elections. Donald trump when 160 seven days without a press conference,