He has condemned the attack and called on the iraqis to work with them to stand up against iran. Yesterday i was able to speak with the u. S. Special envoy to iran. What he said is there are likely going to be additional sanctions against iran as part of the administrations economic pressure campaign. David there is no question iran is closely affiliated with his militia group. There is no question some reaction was required, but the reaction we are getting is not from iran, it is from iraq. Do we know whether we brought our iraqi allies into the fact that we were firing these missiles . Kevin it appears to be unknown at this point. Obviously there are forces in iraq that stand with the u. S. Military. Beyond that, and increasing forcesof iranian backed in iraq has added complexity to the situation that is ongoing. Of what President Trump has cautioned against, irans expansionary policy, especially as they try to get negotiated tops restarted with iran in the coming new years. Video is
House Economic Advisor larry kudlow someone we know and love worked here a long time. Saying that the u. S. And china are getting close to an agreement. He described the talks being very constructive in his words saying the mood music is very nice that has not always been so in these things. He sded that the president is not ready to sign the deal just yet. Also getting word in china, vice premier lu will be holding principal level calls today we are up 60 points about all it is worth, i would say. Right now, hong kong confirming overnight that they have plunged into the first recession in a decade. That marks the second straight quarterly decline. The Financial Hub has been suffering from violent protests, the u. S. china trade war the week of rage continues to boil over. Well get over to matt bradley for more on that andrew, yes you are right. This has been six months of protests this started with the extra diction bill that started over the summer that has been drawn. You can see un
Reserve, we have the minutes and this was me before liberty mutucustomized the Federal Reserve of San Francisco mary daily says a recession is not eminent, investors look for any hints, we will bring you the minutes when my car insurance, so i only pay for what i need. We get them. We have a rally underway, dow up and this is me now 150 points, twothirds of 1 , any physical changes to this mans appearance are purely coincidental. S p up 19 and nasdaq futures only pay for what you need. Higher by 62. Liberty. Liberty. Liberty. Liberty. Mornings with maria begins right now. Maria big show this morning, can it help keep us asleep . Joining the conversation this yes, it senses your movements and morning pwc partner Mitch Roschelle and wall street automatically adjusts to keep you both comfortable. Journal management reporter host of the secret of wealthy women and now, all beds are on sale save 50 on the sleep number 360 limited Edition Smart bed. Podcast veronica, thank you for plus free
Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorney generals are taking issue with that proposed opioid deal with purdue. It will settle with a 2 billion settlement it will link much of that with future sales of oxycontin. Some states want the family itself to guarantee a larger cash payment up front. Others didnt like parts of the plan that calls for purdue to claim bankruptcy and emerge as a Public Benefit company theyll ask for an update today about where negotiations stand, he said he wants at least 35 states on board although a deal can mo
Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum