This is boom bust the one business show you cant afford to miss there montecito going to washington coming up we discuss the u. S. China relationship as we get a better idea as to where u. S. President joe biden stands on chinese tariffs we have a panel standing by Market Reaction to our shuttle reserve policy meeting while game stop probably well if you will discuss the future of the market and the centralized investment for analysis we have a lot to get to so that. We are getting a better idea how the Bided Administration plans to tackle truly asian chick with china at the same time there seems to be a lack of clarity on whether the by the administration will continue some of the specific policies against Chinese Companies such as wally joining me now to discuss boom bust. And swan and host of economic update professor Richard Wolfe professor lets start with you President Bidens nominee to head the countrys Commerce Department gene armando told senators on thursday that she would use
Make russias covert vaccine the countries of foreign minister exclusively tells our team why tehran is supporting sputnik the. Russian the russian reconstruction in a very bad experience with another country that i do not want to name. Those are your headlines this hour the kaiser report is next on our Show International and the u. K. And ireland prepare for. Hi im max tazz or this is the kaiser report so much going on lets check in with stacy right max you know how history rhymes might not necessarily repeat exactly but it certainly rhymes and were seeing flash back to the seventys these days so the most important question for me is should i get a feather haircut or a perm staying alive staying alive the old saying are you much of it because copyright is certainly much stronger since the seventys but what do you feel about oh yeah my wife sudha i got them colored tiles of my basement practice in the house all the way raw it was practicing the hustle google that but i think ill do the
The same time there seems to be a lack of clarity on whether the by the administration will continue some of the specific policies against Chinese Companies such as wally joining me now to discuss boom bust. And so on and host of economic update professor Richard Wolfe professor lets start with you President Bidens nominee to head the countrys Commerce Department gene armando told senators on thursday that she would use punitive tariffs and export restrictions against china is this going to be a continuation of the trumpet ministrations trade war with china. I certainly hope they are hopeful that she said those things in order to those senators who want to hear it that was the policy of the trumpet ministration and my understanding was that biden was going to at the very least of moved back from that kind of confrontation let me remind you all of the viewers over the last year of the trade war on the tower of war the chinese economy i scroll through a 4 percent of your marital economy
Expectations, both stocks falling. We mentioned somebody was listening in on the Conference Call and it caused that trader to hit the sell button we wont tell you which trader it was just yet. Tim, it wasnt you what did you make of the Conference Call . I think you have a case here where clearly the numbers on the headline looked fantastic. But what was really causing that, that was about provisions, that was about credit quality. Which, its strange because we were complaining that we were fearful that the banks had bigger credit issues that were being possibly seen on the headline and therefore they were putting aside the major reserves what jp morgan look, that beat was a combination of some very strong Investment Banking and fic business but alsos the provisions that came down. Thats something we should everyall be encouraged about with banks bus i think there is more where that came from. But there was some sense this was the only reason. Net margins fell 14 basis points i think ba
Elusive. And suppose he says the house is. Transformed samsung into a global tech giant has died. Paul lets take a look at the markets right now. The asx in australia has just opened for trade at the start of the new week. We do have a staggered open. Pretty hard to get a bead on things. Pretty flat at the moment. We are waiting for cocacola to open on the news of this deal that the European Partners are moving to acquire the Company Valued at 9. 3 billion to underscore some of the consolidation going on. The aussie dollar holding a threeyear gain as the u. S. Stimulus talks continue to drag on. U. S. Futures looking a little weaker as well as nancy pelosi and mark meadows but he might accuse each other of quote, moving the goal post. Nikkei futures are pointing weaker as well. That is going to be a busy earnings week in japan. Starting off with kanaan reporting today with cannon reporting today. Lets start off with china at where the leaders are gathering in beijing to map out the fiv