The markets matched in their explosive force by Online Retail. We are on the cusp of a recordbreaking cyber monday today but will any of the Online Retailers be able to break out of the amazon jungle . Top 200 amazon seller now turned tellall author is here to cut away the brush to reveal the wonders and the dangers of doing business on amazon. And as president elect joe biden begins locking up his economic and cabinet teams, one crucial position still remains unfilled. Who will nab the top spot at the Energy Department . Sun power Ceo Tom Werner about to let the sunshine in on that guessing game. First, a fox business alert. The dow is on pace to close out its best november since 1928 and you know what, the s p is even better. Trying to clock the best november in its history. But take a look right now, the small caps, the little guys, the russell 2000. Forget november, this is the best month ever for the russell, up 18. 8 . Sm energy, gannett, choice point, some of the biggest small c
Guy as a markets reporter, lunch unch is something you never want to see. That is where the stoxx 600 is. But it is just above the 200 day moving average. Marks and spencer, intentionally going back to the ftse 100. There is a review going on. It was up 4 yesterday and today. It tells you about the consumer. Consumer is spending money. Admiral, here is another interesting story. This stock is up by 6. 9 . Its auto business is doing better. What is happening is renewal rates are going sharply higher. The inflation rate within the auto sector is high at the moment, being pushed through and sticking. As part of the business is recovering. The stock is up five 6 . Alix the reason i think this one is significant is it closed below the 50 day average yesterday and we are not getting followthrough selling. This is a sign. The filly helping target. It closed at 23 low yesterday. The bars pretty low. But they did lower their forecast so it was not all sunshine and roses. This is where it gets d
Source on cspan. Unfiltered, unbiased, word for word. On the Nations Capital to wherever you are. Because the opinion that matters the most is your own. This is what democracy looks like. Cspan, powered by cable. Now to discuss on the effects of sanctions against russia two years after its invasion of ukraine with youth deputy treasury secretary Wally Adeyemo. During his remarks on the economy and the treasurys in new department domestic plants. This is about an hour. Actually a great pleasure ana former colleague, deputy secretary of treasury Wally Adeyemo to the council. Wally has had a jobs both in got and the private sector, of course the most important job yet was as the g20 and g7 sherpa and assistant to the president for International Economic policy which happened to be my job. Onon to bigger and Better Things from there, including playing an absolutely Critical Role on whole range of domestic and internationalâ– . oa Economic Issues at the u. S. Department of the treasury. He
Checking with equities on the cpi print really playing out in some senses. Its a bit of a core reaction to it by equities, but tech dragging the Hong Kong Market down, in particular. That is the yuan at the bottom of the screen. Trading the onshore yuan. Theres a look at chinese or should i say, Hong Kong Markets and tech as well. Yvonne its not just the yen against the dollar, we are watching most of these majors, especially when it comes to the euro. The end this weakest than stew thousand eight against the common currency. We are eyeing 145 for dollaryen right now. Joining us now is our effects and rates strategist, michael wilson, with more. We are getting close to those intervention levels now. Are we really focusing on this now . Are we likely to see anything . Michael good morning. Just above this 145 level, i would think not. I think we have to Venture North of 146, 146, 148. It would have to be done in quick fashion to get the ministry of finance hot and bothered. The way that
Your time. Excellent points, we will be talking about technology in the next panel and the interagency process and telling whats going on is really important. Your range of expertise on this matter is is super impressive and your range of knowledge a lot of people dont know all these Little Things about you like your 1990s and all the hiphop aaits a great to check on these issues and on the substantive issues as well. I really appreciate your help this was a fantastic conversation. Thank you. We are happy to be here, thanks for having me and look forward to coming back another time. And brings us no greater pleasure than to continue this conversation with Wally Adeyemo the deputy secretary of the Treasury Department whose land his voice on issues from everything from ndis to the National Security and ai, thank you so much deputy secretary for joining us. We know this is an extremely busy period here for you and we are really honored to have you. We are here to talk about obviously ndis