The list and flat screen televisions this will take pressure off retailers ahead of the Christmas Holiday season still other product that will get hit. Only a little pressure. Because in the breakdown that some conducted for the items hit with tariffs on september 1st versus december 15th there are still tens of billions of dollars of foot wear and apparel categories that will be included in september 1st you have Musical Instruments, sporting goods, and a lot of food items that will be hit on september 1st. Musical instruments, is that a big market in the United States chinese made Musical Instruments . I dont know im happy that today youre serious today. It is a big show it is a big show. It is a big show every day thats the part that bothers me sometimes it is not. You say it is. Other times he says i will be honest with you. Im like really . Thats nice. In this one vignette you will be honest youre not always maybe honest but you say its a big show every day. You have backish today
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the
Solarcity is a shameful example of the corporate gofr nance at its worst. This is a company headed towards financial distress and burning hundreds of millions of stress every quarter, and now a burden that the tesla shareholders will have to e bear. If you dont believe me, can consider this, the combined market drop in the value of both companies is more than the equity value of the deal itself which means that tesla shareholders believe that the t solarcity shares were worthless. Finally, it is hard for me to believe that this deal was not being contemplated when tesla and mr. Musk, himself, sold shares just a few weeks ago. Well, i have to give chanos credit, because a lot of us like to go with musk when he comes out to cheerlead the stock the, and has the distortion work, and you can see a noticeable bump, but this is a nobrainer, and nobody with a brain cell would want to put these two together. I dont know what the potential is putting these two together except for two thing, judg
Consumers but the opposite still seems to be the case. This market likes it when oil is moving higher. Last thursday lets all recall oil hit a low of 43 and change. Now were almost 10 above that right now. Almost 25 gain. I will mention Brian Reynolds just hitting the tape saying he thinks this will help stocks fend off some of the weakness we have seen wreryeartodate. There is certainly a lot to watch. Not clear at all just what this move will even. Aetnas sew Mark Bertolini is joining us in an exclusive interview. Why theyre raising their outlook plus well ask him to weigh in on the controversy. The vaccine story was a big part of the show yesterday with kellys interview with senator rand paul. Disneyland in california was kind of ground zero for the measles vaccine debate with that scare out there. Bob iger will be here after his companys earnings are released tonight. Well get his take on all of that. Im sure im sure that bob will have something to say about that. Here is where we
Remains an acquisition target. Down three point desperate. 7 . Lets go out and talk about the companies with tom Forward Guidance going through tough guidance. Blaming the Energy Vendor and are going abroad. Down andends will be the net income is down. These are bad numbers and they are putting blame on the government. It looks like a stock is dropping this morning. Whats we will get back to you for a full report shortly. Im keeping an eye on a tiny banks that are in focus. The italian banks that are in focus. Have a competitive banking sector. Lets check in on the price of some of those. We have the seventh Straight Loss and we have unicredit and the view is the worst that has passed. Is bigger than the market had estimated. Lets talk to jon ferro about what else is on the move. It is creeping higher. The ecb talked yesterday and they said that we misunderstood. They can do more and people are not buying it. Im excited about ipo day. Im going to get to the markets. The equities are lo