Deal, there is a little bit of confusion to put it mildly. What to make where we go from here, pacer etf president sean ohara. What do you make of back and forth on the trade front first off . Neil, thanks for having me. Trade front is the headwind to the market all year. Back and forth because we had a deal, we didnt have a deal. Looks like now we have at least a phase one deal. I think market would like to see that nonsense and that distraction put behind it. So we focus on bigger issues. Will we have earnings continue to slow or have they bottomed and picked back up early next year so the market figures out direction they want to go. Neil looking at estimates for next year, first and second quarters, looking close to eight to 9 s that doable . I think so. That is what everybody is thinking. Keep in mind, neil, the estimates we see consistently you know report what the actual earnings come in at. 30 straight quarters now of surprises on the up side if you will. I wouldnt overuse the
Five alleged spies. Prince andrew has answered questions for the first time about his relationship with financierJeffrey Epstein. The prince has been accused of having links to the billionaire who killed himself in prison while awaiting trial on a sex trafficking charges. In an exclusive interview with bbc news, Prince Andrew was asked asked about his relationship with one of the women, Virginia Roberts. She says she was forced to have sex with the duke three times. Buckingham palace has denied all the allegations against him. Our royal correspondent Nicholas Witchell reports. He is continuing with royal duties. Last sunday, he was at the cenotaph, laying a wreath with his nephews. And yet, for month after month, hes been the focus of troubling questions. Prince andrew, the queens second son, one moment seen waving from the doorway of the new york home of a convicted child sex offender, Jeffrey Epstein, and photographed strolling through central park with him. The headlines have been l
Happy monday welcome to fbn am im Lauren Simonetti here we go. Not cooking a turkey but many will be this week. Even if teases meatless good morning everybody im Cheryl Casone we like to welcome you to the show. It is a holiday shortened week happy early thanks give everybody your money is moving up arrows across the board dow gain hg 74 and s p up 7 nasdaq up 30 this morning theres optimism on a u. S. China trade deal. On heals it that have prodemocracy vote count in hong kong and ongoing trade you see between u. S. And china take look at all of the green arrows in asian markets. Japan the shanghai all raising substantially higher. And in europe stocks at this hour also trading to the upside will a 2 gain by the one hundred in england. Top story as if 2020 Playing Field couldnt get bigger former new york city mayor Michael Bloomberg is officially throwing his hat into the ring and not everybody is happy about it. Foxs lauren is in washington with more. Im Mike Bloomberg and i approve
He has testified that he believed that Security Assistance for ukraine was tied to an investigation into the bidens. My clear impression was that the Security Assistance hold was likely intended by the president , either as an expression of dissatisfaction with ukrainians who had not yet agreed to the burismabiden investigation or as an effort to increase pressure on them to do so. Reporter testifying today, fiona hill, former top russia expert on the National Security council. She in part heavily criticized those who feel it was ukraine, not russia who was responsible for meddling in the 2016 president ial election. Back here at the white house, that lunch meeting, neil, we think it will be five or six republican senators involved. Two on the left side of screen there, i guess you could say are interesting ones. Susan collins, mitt romney expected to sit down with the president. At times they have not followed the party line as it relates to maybe agreeing with President Trump. Im tol
Verdict, all counts. Ignores what was pretty intriguing morning session on capitol hill, the Second Public impeachment hearing. Slugs shrugs it shoulders keeps buying. What do you think . If they dont beat expectations Interest Rates will fall enough to help the downside risk. Worldwide Economic Data is not all that great. The market is very confident that there is some sort of safety net out there, safety net taking form of lower Interest Rates if needed. Neil all right. So if we have the dow flirting with 28,000. Stuart pointing out through the presidency up 10,000 points, is it a rich market through your eyes . Whoever is the white house occupant, for time being is it rich in your eyes . A rich market, from the perspective i would have difficult time telling somebody to go ahead to move into the market. Neil jump in now . Jump in now. I said that a year ago, even before that, and i have been proven wrong. Tough remember, we have Unemployment Rate at 50year low. How much lower can it