The performance of wells fargo, which is proving to be a drag. The 10 year yield in the u. S. Is down to 1. 82 . Wells fargo down more than 4 , one of the worst performers in the s p 500. Plenty of other stocks we will talk about. Tesla is close to that 1 billion valuation mark. Delta boosted on its earnings and also the 737 max grounding, which it doesnt have. We just saw boeing delivery numbers, and for the first time in its 45 year history, it has seen its worst performance against airbus, fewer than half what airbus managed to deliver last year. Guy it will be interesting to see what the 2020 numbers look like this time next year. In europe, volumes are ok today. European equity markets going nowhere in a hurry, up by just 0. 2 . In terms of where we are with the german tenyear, we are now only down by one basis point, so we are a little bit better bid on the bond market today than we were yesterday. But are we going to continue to track back toward zero . 1. 1122. Ar trading to th
Goldman sachs and has worked with the Cfa Institute. An extraordinary year to look forward to. Thank you 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 for the fabric of the nation. We must talk about the central bank. We have to talk out the markets. Gloom accruesthe great pinata. They love to go after you in good times or bad times. You cannot possibly go up and once again confounded not only off the gloom of last december but confounded over one year, two years, five years, 10 years to good and substantial equity returns. When does it end . Tom, first of all thank you for having me here for this discussion. The gloom and 2018 him anyway set us up to a good start into money 19 in the markets. One thing im concerned about is how happy ever but he is at year end 2019. I think what is priced into the market now, is an economic scenario that seems to be the most likely. No recession, the econo
Institute. An extraordinary year to look forward to. Abby, thank you for being with us. Much to talk about in the next halfhour. I want to talk about your new effort, thinking about immigration, what it means for the fabric of the nation. We must talk about the central bank. We have to talk out the markets. You have been the gloom crews great pinata. They love to go after you in good times or bad times. We cannot possibly go up and once again confounded not only off the gloom of last december but confounded over one year, two years, five years, 10 years to good and substantial equity returns. When does it end . Abby well, tom, first of all thank you for having me here for this discussion. The gloom at yearend 2018 in many ways set us up for a good start into 2019 in the markets. I think what is priced into the market now, is an economic scenario that seems to be the most likely. No recession, the economy perking up a little bit, corporate profits in midsingle digit, maybe a little high
With the Cfa Institute. An extraordinary year to look forward to. Thank you 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 for the fabric of the nation. We must talk about the central bank. We have to talk out the markets. You have been the gloom crews great pinata. They love to go after you in good times or bad times. You cannot possibly go up and once again confounded not only off the gloom of last december but confounded over one year, two years, five years, 10 years to good and substantial equity returns. When does it end . Abby well, tom, first of all thank you for having me here for this discussion. The gloom at yearend 2018 in many ways set us up to a good start into money 19 in the markets. I think what is priced into the market now, is an economic scenario that seems to be the most likely. No recession, the economy perking up a little bit, corporate profits in midsingle digit, maybe
Stocks bouncing around all session along on conflicting headlines about that december 15th deadline for china tariffs. Will it sfwebe extended. And House Democrats officially announcing articles of impeachment, two of them, against President Trump. Plus, coming up only today on the closing bell, wilfred frost is live from the Goldman Sachs Financial Services conference and hes got exclusive interview with Howard Marcus ks in just aw minutes. Joining us now for the hour is steve grasso from stuart frankel. Weve got to stop meeting like this i know, i know. We talked about this last night on fast money 5. Whats going to happen if theres no trade deal . Whats going to happen if the deal is extended and whats going to happen if a deal gets done there are three scenarios. Quickly walk us through each one. If the deal gets done, the market shoots higher but its only phase i of a deal. So i think it has a lot more ammo in its ability to move the market progressively higher from there. Nobody