Movers was in the s p 500 this week. Tshirt. Ands and your underpants, right . I guess what. When you work at home, you still need your briefs. [laughter] still with us, hopefully, david balin. David, we are heading into the heart of the earnings season next week. Earnings companies next week, that is the real meat of it. What are you looking for to see from these companies . Margin improvement . Revenue growth . Or are you still concerned about the bottom line . Those three, but more importantly we are looking for the trajectory, the information they provide about the trajectory in their business at this point. The Balance Sheet health of the companies and their ability to fund operations, the degree to which they are bringing back employees and we are looking at changes in competitive position, which you touched on several times in the weeks passed to see if companies are actually gaining share in their respective businesses. So, its a lot of data that we think indicates the degree t
Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero growth. This really missing expectations that prices would rise 0. 1 if also inflation is decelerating from the previous month of june. Core cpi take out oil prices, and you get a rise of 0. 7 , in line with estimates, and slight acceleration from the previous month. We have seen brent crude prices recover somewhat from aprils slump but still down 38 year on year also. The are also expecting tokyo Inflation Numbers within the hour so take a look at what japanese futures are doing at the moment.
Itll be lights out at vision quest. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Based in long island, new york, vision quest is a fullservice lighting manufacturer, handling everything from concept development, design, engineering, and fabrication. Larry make sure it goes in like that. Nice and professional. Lemonis for years, owner Larry Lieberman experienced serious growth, churning out custom fixtures for such bigname clients like abercrombie fitch, chanel, and universal studios. Larry take it to disney. Lemonis but a recent drop in revenue has drawn larry into a vicious circle. Jason highlow is officially dead. Larry oh, no. Lemonis anxious to control costs, he
Coronavirus crisis. This is two hours and 30 minutes. I want to begin by thanking our pannestist and esteemed members for joining us. This week our country passed a grim milestone, more than 100,000 americans have lost their lives due to the coronavirus pandemic. Thousands of americans continue to contract this virus every day. Over 150 more here in South Carolina on yesterday. And the day before, wednesday, marked our largest singleday increase of covid19 deaths. Local Community Leaders across the country, democrats, and republic ans need strong federal leadership to help them combat this deadly threat. Communities need federal help to get the protective equipment and testing supplies they need to protect their front line medical workers and essential employees. Unfortunately the administration is leaving it up to the states. Forcing them to compete against each other in order to purchase equipment and supplies from the private sector, leading to higher prices and greater shortages. W
For the country and the economy with ian bremmer who says we should be thinking in terms of three years. Plus, well speak with Kevin Durants Business Manager about the lockdown of the sport. 59 minutes left of trade iing. Lets focus on the big stories mike is tracking todays Market Action near the highs of the session. Phil lebeau watching boeing dragging down the dow. David faber covering the executive shake up at at t and kayla on the latest round of government stimulus. Mike, first you on what were seeing slight gains, still lower on the week an upward drift here in the afternoon, but as you suggest within the range, obviously just consolidating r very, very big really historic magnitude of a rally we saw during march. April rather weve come right here, 28 20s is an interesting level in late summer its kind of rushed up last summer we were afraid of some kind of perhaps tipping into a mild recession. Here we are looking at a vastly worse recession. The earnings picture is very opaqu