An epic run up 400 this year. We will explain how the retail trader is driving the stock. Plus, big tech, big deals, toppagist tells us that companies amazon, facebook and alphabet should be buying up right now. Consolidation. Power lunch starts right now welcome to jim maybe well get to say hi later on its a record week on wall street which marks the end of the coronavirus bear market. Its coming to a close here. Bob is watching some key numbers for us bob. Its been a record week we had good numbers today. Our manufacturing and services is keeping us positive just want to show you some new highs. A lot of stuff involved in tech. Internet, anything having to do with the internet. Fdn is the new one the hold building, that itb had been on fire eight straight weeks of gains. U. S. Home sales hit a record pace today we saw home prices also move up as well. Look at some of these new high list is fairly thin but a lot is building related horton, pulte, lumber liquid daters these are all at
Connection, thats part of the chinese state. The United States is the number one largest for the economy and china is number two, and they are fighting each other, and therell be damage to global trading. Connell but trades only the tip of the iceberg. The real question is this are we in this together or going our separate ways . Chinas now in the hunt for new markets. You see that with things like belt anded road, part of an Economic Initiative to reach them into that billion market. Connell the next moves are crucial, and this is the challenge of china. Connell so for the United States to challenge presented by china is about much more than headlines generated during a trade war. Im Connell Mcshane. Over the next hour were going beyond tariffs to bring you a unique look at the clash of cultures and beliefs thatll shape the direction of the Global Economy for decades to come. Much of our conversation will happen here in new york, but well also take you to chinas capital city, beijing,
Are used to today. Safety features werent exactly standard. You dont want to be in the frontend collusion in this. Oh, yeah the whole safety thing and most of us dont have a money to own one. Can drive it later. [laughter] jeff i dont want to get used to it, i drive a ford because thats all i can afford. But for a car lover this is almost like a dream. Quite frankly the stuff that i see when im sleeping and my eyes are closed. Jeff Fox Business Network goes to the pebble beach concours delegance. Hi, im jeff flock and for the next hour we will show you up close and personal some of the vehicles. I tell you theres a new appreciation for these vehicles, we talked to young people who say they loved these old cars, yeah, they dont drive themselves, yes, they are not electric but they are rolling works of sculptor. Some of the most expensive sought after cars in the world. Modern cars to my mind are appliances and theres nothing wrong with having a Great Appliance but they dont make my hear
2 years in september the international out of motive exhibit i. E. A brings fans from all over the world to frankfurt and electric crackle is supposed to be the automotive future. Porsche present since 1st fully electric sports car that tai chi on the actual premier much less spectacular took place elsewhere the new factory is at the Company Headquarters and so when i was in where the new tag con is being built porsche has invested around 700000000. 00 euros into this factory 1500. 00 new jobs were created 3 shifts a day will enable up to 36000. 00 tie cons to be built every year this fords limousine complete with 4 doors is one of the most powerful series models currently sold by for sure. But pockets of the other boom a c. E. O. Porsche says that theyre looking into 3 power train versions for the few. Powerful gasoline engines hybrid motors and now fully electric cars this car is part of the porsche family ac it is a very sporty car just below the panamera he says the most important
2 years in september the International Automotive exhibit. Brings fans from all over the world to frankfurt and electric is supposed to be the automotive future. Porsche present since 1st fully electric sports car that tai chi on the actual premier much less spectacular took place elsewhere the new factory is at the Company Headquarters and supernal isnt worth the new tag con is being built porsche has invested around 700000000 euros into this factory 1500 new jobs were created 3 ships a day will enable up to 36000 tie cons to me build every year this fords limousine complete with 4 doors is one of the most powerful series models currently sold my for sure. But also thats the be all over bloom a c. E. O. Porsche says that theyre looking into 3 powered train versions for. Future powerful gasoline engines hybrid motors and now fully electric cars this car is part of the porsche family ac it is a very sporty car just below the panamera he says the most important thing is to develop a car