We did get japanese factory orders which were disappointing down 7. 8 in may they were expected to fall only 5 were down full 1. 5 as you can see in hong kong a little more than that in shanghai 2. 6 . European equities are lower, down around about 0 where do we look on the screens 0. 1 there we go, down 0. 2 in france, italy holding on to slight gains we did get some better than expected german Industrial Production data up 0. 3 in may. It was expected to fall slightly treasury yields back about 2 . Similarly the german yield is back above 0, negative 0. 4 and were up 0. 23 . Deutsche bank announcing it will pull out of Global Equity scales, scale back Investment Banking and slash 18,000 jobs as part of a Global Restructuring plan you have been following this story obviously throughout the weekend. And i thought your comments earlier with dom chu were interesting. You sort of term this as ripping the band aid off. Finally. Perhaps a little too late. Finally exactly. So 18,000 had cut
Jack ho. Markets under pressure, one of the lead stories in the joint venture nail thijournalthis mor. 62 points bother on the dow futures, s p down a 5 and nasdaq lower by 28 right now. Youve got the u. S. China trade, officials from both countries working toward a phone call this week as the chinese Vice President is taking a swipe at the u. S. , saying the world cannot shut out china. President trump commented on the negotiations yesterday. Watch this. Were doing very well with china. Thats right. Most importantly, were doing very well with the tariffs. Weve taken in billions and billions of dollars from china. Weve never taken in 10cents from china. Right now, chaff i china is noty happy because thousands of companies are leaving china and theyre going to other places, including the United States. Because they dont want to pay tariffs. Maria joe biden weighed in on the trade talks, speaking in South Carolina yesterday. The former Vice President acknowledged china is a problem but s
To the west coast, where the earth continues to shake in Southern California. We pose this question. This is the precursor to the big one we have all been warned about . Varney company starts right now. Looking, cutting, shooting, scores ashley that was a beautiful goal. The u. S. Winning 2nil, celebrating their fourth world cup victory. By the way, aoc tweeting this. At this point, we shouldnt even be asking for equal pay for the United States Womens National team. We should demand they be paid at least twice as much. There you go. Here is President Trump on the victory. Were [ inaudible ]. We have to see whos taking in what. I dont know what those numbers are. I would like to see that. But again, you have to look at the great stars of the mens soccer, the great stars of the womens soccer. Ashley that is a question, equal pay, lets face it, the womens team so much more successful than the mens team. Do they bring in the money . Susan well, i mean, if you think about it, theyre number
Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. Dobyns on wall street, it was cold, gray, wet, and miserable. There was no comfort to be found outside. And for investors, there was not much inside, either. The tickers carried almost nothing but bad news. Mclean wed come off a terrible decade for investing. Peopl
the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wall street. most economists expect a serious recession with at least 2 million more americans losing their jobs. regret to say we are in the worst economic mess since the great depression. from the first moment of his presidency, president reagan let him know that his top priority is the nation s economy. i put a freeze on pending regulations of the task force under vice president bush to revie