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What are you hearing . Reporter this may be moving the market. A roundtable with American Business leaders, current and former chinese fishessals and American Chamber of commerce. Out of the round table there is big differences with the trade relationship with china. One example from the u. S. Side. They say there was no real huge benefit to have this trade relationship with china, having china within the wto. Chinese officials during that roundtable saying no, that is not the case. In fact china, u. S. And world benefited from china being in the wto. Chinese made the case that china entering it benefited everybody. Roundtable officials according to the global times there may be big differences coming up with a trade deal in terms of tariffs you talked about. Global times says chinas precondition to the trade deal would like the trade tariffs rolled back simultaneously. ....
President made that they initiated talks over the phone to resume talks and soon. Chinese saying it her happened. The editor of the global times there. Remember this tabloid essentially run by the peoples official newspaper of chinas communist party, ruling party, it is reporting that this never happened. So either the president is misrepresenting it or the chinese are but now everyone is thinking what were we running off to the races for . Were on top of that. Were on top of the Johnson Johnson verdict could pave way for more paiutes. The idea there has been a a reprieve for thec pharmaceuticl industry, not so fast. Thank you, for connell mcshane, for filling ablably, in fact too ably in my absence. Blake burman at white house. It could have been worse. Could have been blake. Fortunately he is safely ensconced there. Blake being everything old is new again or new is old again. Same type of back and forth on trade that pivots th ....
Market might dry up on them. Semiconductor issues, financial issues, could way on them could expand, global slowdown. Get consumer durables involved in that. Those sensitive to the economy involved in that. All of sudden, before you know it, katybarthedoor. The psychological indicator, the vix, that is flashpoint how people are feeling. That is jumping in excess up 33 earlier. Up 23 right now. Were keeping an eye on that as sentiment, what people are feeling about the market. They are feeling a little nervous. Numbers out of the Services Sector slid to a threeyear low. The reason i mentioned even the Services Sector, it at least is following in this report, a fourth straight month, downward trend, still expanding but at a slower rate. That is happening with the manufacturing sector. Twin sluggishness is weighing on these markets. Typically would pounce on negative news, bei ....
Hence were noon in the eastern part of the United States and it has yet to begin formally trading. Were watching that. Were watching crosscurrents of the markets, buoyed about prospects for possibly a china deal and lower Interest Rates at that came with it. Although off the earlier highs, largely on concerns we might be staring down a possible conflict if iran ever since they shot down a u. S. Drone overnight. The concern that it will spike oil prices. That is exactly what is happening but it has not spilled over into the rest of the market. President trump, meanwhile as we mentioned earlier will meet with canadian Prime MinisterJustin Trudeau with all his finance ministers in tow as well. Possibility of a proverbial pool spray. You know the drill with that. The ca ....