Kevin from bloombergs in downtown washington, d. C. , in Kevin Cirilli. And i am terry i am shery ahn. We start today with jackson hole. The economic symposium will be one of the most closely watched in years. Already Kansas City Fed president Esther George tells bloomberg now was not the time for more rate cuts. As i look at where the economy is, it is not time. I am not ready to provide more accommodation to the economy without seeing an outlook that suggests the economy is getting weaker. Sherry lets bring in bloombergs international and Economic Policy correspondent Michael Mckee live from jackson hole. You have a very busy schedule ahead. We heard from Esther George, but she is not the only one having reservations. No wonder we are seeing this market reaction. Michael the data seems to suggest that the fed would have an excuse for doing it when we saw the ism numbers for market today go below 50. That is a disappointing figure suggesting a contraction in manufacturing, suggesting
Customers will be enticed to upgrade. , ourng into palantir exclusive conversation with alex why protesters wont stop them from doing business with the Trump Administration. Hp, the ceokeup at resigning, leaving the company to attend to a Family Health matter. By the be replaced current head of the printing unit of hp. Inhas been instrumental improving cost structure and organization, helping profitability. To discuss coming in king has been covering discussed, ian king and dan morgan. Dan, you have a position in hp. Ian, i willtart start with you. I had a chat with them both. He reassured me this is personal and not a decision he took lightly. He has to go back to his native austria to deal with his family situation. , noe is no background story corporate scandal, no push out. Of a. P. Up shares over in the took split with hp. What is the hpe. What is the impact . Whitman back to meg splitting up these companies. Everybody was putting their money on hpe. Hpit is interesting to see doi
Almost two weeks. Youre following through on that rally today, up 0. 6 . Eurodollar around key support levels. It is a broadly stronger dollar story. The bond market obviously in focus. No doubt we are going to talk about that terrible, no good, seven year bond option. I wonder, is that a threshold . Or was that just a fluke . David or was it late august . Globalime now for exchange, where we bring you todays market moving news from all around the world. Joining us in london is tony ahrens, on the phone from hong and on theen leigh, phone from when is a race from buenos aires is caroling a milan is carolina milan. Three activists in hong kong were arrested by police head of a rally. Karen leigh joins us with the latest. Karen Hong Kong Police arresting a number of prominent Hong Kong Police arresting a number of prominent speakers, including warning protesters that they could share that same space at illegal demonstrations this weekend. These are really raising tensions ahead of a 13th
Energy, you name it, and it happenedn a relatively quiet day that saw the bond market continue to flash a recession signal, an unusual phenomenon we have been telli youbout. Today investors brushed it off so here are the closingth numbe. Dow jones industrial average added 258 points to close back above 26,000. The nasdaq gaine 29 and the s p 500 was up 1. But what will it take for the bullo stay in charge . Bob pisani put together a checklist. Reporter bulls cant wait to get out of august. Theyre hopeful for more stanl Global Economic data, more help from central bank easing, most importantly no radical downward revisions for the earnings estimates in third a fourth quarter. Earnings are the key, and so far other than notable downward revision in energy and materiars, flattish for the s p 500 remains the buzz word for 2019. Thats good enough for the market. But the bears have plenty of. Ammuniti trade wars are hurting growth and those earnings, and now lower yields have emerged as the
Of people their power. The controlled takedown of three cooling plants went a little out of control when some of the debris hit a power line. Those are some of the top stories on this monday, august 19th. So here we are. Trevor ault, first time on the anchor desk. Yeah. How do you feel . I feel great. For the fact that weve got a combined half a week of experience on this show anchoring today, i think things are going pretty well. Whoohoo yeah. I was just going to say, were getting to know each other a little better. From ohio, from philadelphia. Neither of us parents. End of list. Pretty good, though. There you go, welcome. Thank you, appreciate it. Lets get to all the stories happening and were going to begin this half hour with the mass shooting threats and the concerns of copycat attacks following the el paso and dayton attacks. Tristan wicks was arrested after he allegedly sent a series of Text Messages threatening a mass shooting. Police say they got a tip from an exgirlfriend an