Clouds gather. And Boris Johnson heads to downing street. Must avoid a damaging no deal divorce at all costs. Check ofget a quick the markets. We saw the s p 500 topping 3000, gaining the most in more than a week. Earnings from the morning session. Ofults out of the likes cocacola, united technologies, not to mention Lockheed Martin beating expectations. We got news u. S. Negotiators were headed to china for the first facetoface negotiations since may. U. S. Futures under pressure, down 0. 1 . Taking a hit after hours after reports they would be facing more antitrust scrutiny. Lets see how we are shaping up in asia. Pointing to a mixed start as investors consider the warning on Global Growth with china receiving a global downgrade. Even as we have optimism around the u. S. China trade talks. The boj expected to downgrade some projections as well as lower Inflation Forecasts. Pmi datapanese flash and earning seasons taking off in earnest with names reporting in south korea. Of updates f
What a hideous session, lease for the bulls. What does it mean . It is gigantic. Bigger than the stock market when you lose interest, this is what you do. I like to be clinical. Why dont we do that. Samples of ample motivation for their actions. They have gone exceedingly well for Interest Rates. Much higher. Can earn 4. 25 riskfree. That is much better then it was a year ago. The yields are going higher for three reasons. First, the fed has not been able to fully get inflation under control and they have not done much for the economy. Meaning they have every incentive to keep it. Where are the layoffs . Where is the housing . Not yet says mr. Powell. Second, over the last to years, the federal government authorized colossal massive spending that needs to be financed with massive bond issues. And they dont care what kind of price they get for bonds. They have to pay the bills. There, the Federal Reserve itself owns 8 trillion in total assets down from 9 trillion last spring. But 4 tril
To stay on hold of a record low of 0. 25 . And the company that created photoshop, well be speaking to the boss of the Software Firm adobe, shantanu narayen. Today we want to know, do you use snapchat . What do you use it for . Let us know. Just use the hashtag bbcbizlive. I know that tanya is a user of snapchat, i have seen the selfies and we start with snap, the Company Behind the messaging app snapchat. It lets you send photo messages that disappear after a few seconds. But it seems the confidence of investors has gone missing almost as fast. Snaps shares plunged in after hours trading on its first set of Financial Results since that huge Flotation Back in march. Snap lost 2. 21 billion in the first three months of the year. Thats way more than the same time last year. Why . Well, mostly because of huge pay outs to staff with Stock Options in the flotation. But heres the number investors are really looking at. By the end of march 166 Million People were using snapchat every day. Tha
Overall he stood up for american , values. One of the nice things about that is we had one of the most peaceful times in modern American History. To get to that, i would go back to rebuilding the Defense Budget to levels proposed by former madetary of defense gates the case that we need to get back to a stronger military. Thank you very much for the question. The next one is coming from judy elliott. The u. S. Still has almost 5000 Nuclear Weapons in its military stockpile and many are on hairtrigger alert. And now, the Obama Administration and the pentagon plan to spend one trillion more dollars on Nuclear Weapons and delivery vehicles. It is going to be very profitable for the private weapons labs and for the pentagon contractors. Do you support this plan . Gov. Walker i think overall, we have to have the capacity to defend ourselves. Unlike when i came of age during the cold war when we thought it was the old soviet union, today, it is not just places like russia and china, but a mi
Overall he stood up for american , values. One of the nice things about that is we had one of the most peaceful times in modern American History. To get to that, i would go back to rebuilding the Defense Budget to levels proposed by former madetary of defense gates the case that we need to get back to a stronger military. Thank you very much for the question. The next one is coming from judy elliott. The u. S. Still has almost 5000 Nuclear Weapons in its military stockpile and many are on hairtrigger alert. And now, the Obama Administration and the pentagon plan to spend one trillion more dollars on Nuclear Weapons and delivery vehicles. It is going to be very profitable for the private weapons labs and for the pentagon contractors. Do you support this plan . Gov. Walker i think overall, we have to have the capacity to defend ourselves. Unlike when i came of age during the cold war when we thought it was the old soviet union, today, it is not just places like russia and china, but a mi