The month but after all october a treat. S p gaining more than 200 hitting alltime highs along the way. Here is the question this all halos eve have we reached the Witching Hour for the markets record run, tim well, look if you think the fed is on hold until mid2020 it could be a spooky time for markets because the markets expected accommodation they are your friends and therefore the witchs brew is probably in the form of the data if you look at the chicago numbers this morning, especially the new orders component took you back to march of 2009. It tells you the impact of what the trade war has we dont know really where we are. But look in the absence much a political shock ill leave it at that and in the abens of china walking away from the table, the fed is still your friend and injury youve had a Third Quarter where you had surprise to the upside. I would say its not all that spooky this halloween. I think todays pullback is appropriate relative to some of the macroa day after the
Thats the focus of tonights angle. I wonder what the leaders of the Chinese Communist parties think about the tiktok debate in the United States. After brilliantly deploying a propaganda and spying operation inside the u. S. , they must be pleasantly surprised to see bipartisan support to help them protect it. Yes. Just like every other social media platform, there is misinformation and privacy concerns. Its important that we dont treat tiktok differently than other platforms. If were going to address this issue, we have got to take the same approach to other media platforms. We cant just single out one. Laura we most certainly can and should. When our National Security in our Election Integrity is at stake, we must act to protect our country. Now, for decades, we have been trying to prevent the transfer of sensitive u. S. Technology to our adversaries in china, in iran, north korea, russia, and so on. And its so bad with china that all g7 Foreign Ministers pledge actions to counter ch
Economy, 51. 1. This, of course, is showing expansion, and lets go over to david. More optimists and pessimists. And a reminder, we also have the hsbc final pmi coming out in about 45 minutes. It is not a lot if you put everything together. This is a little bit above water. This is up about half of 1 , and we will see how this impacts trade. More than to move others, i guess, when it comes to the pmi numbers out of china. With what else is moving across the markets. Yes, david saying 51. 1, and the estimates from the economist was 51. 2, and this was down from the previous figure in july, which was the highest in more than two years, and we will get reaction, and with us is the chief greater economist, and this is pretty much in line, isnt it . Yes, but we need to also pay for the pmi. A couple of weeks ago, it was quite it was significantly lower. Sector, and private we also have to Pay Attention to the other numbers. They were shocking, werent they . You probably do not want to land
Freezing as for the top and daunting time. The Consumer Court will hold open doors and chemo. I printed it out to say about it. Finally the bell today. As for the good times with stock market. But before that lets take a look at the top of mind to china. First up and tied a bizarre kind of card are popular for the spring festival. Its double the support i will. Many Car Rental Company thirteen pages some drivers do not own a car in their hometown roddick i would make the vacations at home. Twenty one three cars. He goes to the damage the hallmark has also dropped the price of rental cars in front of the capital city the southeastern province of fujian. Rental cars. The st temple for more than double the normal prices. Renting a volkswagen but not before january. Coptic to around fifty dollars a day. The most recent price increase the hundreds of dollars a day cheaper cars to the bank tellers. Nearly all the cars to read can provide and fifty Dollars Per Day had been rented out so far.