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Balloons increasing 26 to just a little less than 1 trillion. Joining us for the hour is chris verona, Strategas Research partners here we are, we can see it, we can taste it, a new record high and everyone is really calm around hiere. The lack of euphoria is telling. Theres this great divide between perception and reality what are the headlines impeachment, recession, china, pmi under 50 but the reality is, signs of cylicality are starting to show up in every corner of the globe. You see it with semis and with trucking stocks, german dax is at a 52week high, the banks are acting better. I think the tone of the market is so different than what the tone of the front page of the paper says every day and i think thats bullish great to have chris with us for the whole first hour of the show, particularly given that we might have that record alltime closing high for the s p 500 the key level to keep an eye on, by the way, 3025. 9. ....
The protest continues for a 21st weekend. We are standing by for Election Results in argentina where the president is under pressure. We will be live in buenos aires for the latest. Paul lets take a look at how we are shaping up for the start of a new trading week. Higher. 1 . Pointing we did of course the u. S. Equity markets finishing in positive territory on friday. Earnings season progressing better than expectations. Nikkei futures trading out of chicago, stronger by. 1 and the kospi looking to be in positive territory. No trading in new zealand. New zealand markets are closed for the labor day public holiday. Lets check in on four times. Su firefighters working to contain blazes. Nearly 200,000 people. Homes in and one winery have burned to the ground. Governor gavin newsom has declared a state of emergency with nearly 3 Million People without power on sunday. The res ....
Oil producers hit and at extended curbs. They tell us the strategy is working. Ramy good morning, david, and good morning to our viewers across the asiapacific and around the world. What were talking about this whole weekend, the Government Shutdown. Right now, partial, but how total will it get . Looking at markets on friday, equity markets closed at record highs for the s p 500 and nasdaq , but we were talking in the past hour about whether it could hit gdp. It depends on how long it lasts. The longer it goes, the more pain we might see. David certainly. Will it affect risk sentiment . Maybe not, we look at indicators. By the looks of it, we might continue the run. Running,nd is up and have a look at the markets there, a jump up there. 8334 right now. The dollar is down again. We are moving slightly into earnings season. Look at australia, coming off a 40 skid for that market. Cents on the currency there. 288 on the yield, ....
Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares initially lower. A lot lower after that report. Josh lipton has the key takeaway from apples results. The big number in apples latest Earnings Report 47. 5 million. That is the number of iphones apple said it shipped in the quarter, now, that was up 35 year over year but was also basically in line with what wall street expected. Analysts had forecasted apple would ship some 47. 3 million iphones in a conversation with apples ceo tim cook. He t ....
Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares initially lower. A lot lower after that report. Josh lipton has the key takeaway from apples results. The big number in apples latest Earnings Report 47. 5 million. That is the number of iphones apple said it shipped in the quarter, now, that was up 35 year over year but was also basically in line with what wall street expected. Analysts had forecasted apple would ship some 47. 3 million iphones in a conversation with apples ceo tim cook. He t ....