It sums up everything that you need to know in the markets. Equities are down, which means you are getting a flock into full faith and credit. You are getting massive dollar weakness for three straight days. The weakest we have seen on the dollar since 2018. The story of the week, all about gold. Investors watching back in as a hedge against low rates. Big concern about the trajectory of this economy. As i mentioned, some of that trajectory is coming from the fed. They are extending most of their emergency Lending Program until the end of the year in an effort to support the economy amid the pandemic. The fomc kicks off their twoday meeting in washington with a Rate Decision due tomorrow. We are joined by Kevin Nicholson riverfront investment group, Global Fixed Income ceo. I love days like this where i can get a fixed income guy talk about equities. You are talking about the tactical favoring of equities. How much is relative value, where a dividend yield is worth it to basis points o
And the strongest result in history amid the outbreak. Manus warm welcome to the show. We are deep in earnings season novell. Acola to the First Quarter comes in like this. 2. 06 billion. That is a beat. On the operating income side, 214 million dollars. Significants have a impact in the second quarter. That is what we already know. First Quarter Results show a 31 uplift in profitability. Nobel. Akzo you have the input side and the output side. Inputs are going to trickle down. What do you have . Good morning. Ericsson saying there is no reason to change its target for 2020 and 2022. Thats one of the lines from erickson. ,t sees the 2020 Market Growth lower growth in the second quarter. In terms of the First Quarter, 49. 8 billion Swedish Krona, a miss on the estimate of 51. 94, but there was some expectation the virus boost for more Telecom Equipment might materialize later. First quarter growth margin at 14. 4 . First quarter adjusted estimating profit at four point 6 billion Swedish
Trump card which is the economy. Americansare deeply divided over impeachment showing over half of voters, 51 , believe trump should not be impeached and removed from office compared to 45 that is reverse where the numbers stood before the many hours of hearings. Before they began, more voters voted for impeachment than against it the data on the economy is unequivocal. Showing three quarters of voters have it any time in the past 18 years. For those who believe the economy is on the right track approve. The white house wants to capitalize and that angry letter sent yesterday he wrote that, quote, democrats are desperate. Your party simply cannot compete with our record. Thank you. One of the Big Questions is the proxy for the election a lot of people have said, dont impeach. Lets wait and deal with this election and see where the public stands. If you have a group of candidates arguing that you need to bump up this election because of trump what does that suggest one of the interestin
The polls, we will take you live on highstakes election, could decide the fate of britain leaving the european. The war on wealth, new Study Reveals Senators Elizabeth Warren to tax the rich, falls short bringing in a trillion dollars less than what she expected, mornings with maria begins right now. Joining the conversation fox business dagen mcdowell, liz peek and forbes media chairman former republican president ial candidate steve jobs. What a hearing yesterday, testimony of Michael Horowitz in capitol hill, i personally think it was damning and incredible, Inspector General testified in Senate Judiciary committee on offices findings in regards to alleged surveillance abuse during 2016 election, horowitz calling out the fbi highlighting longstanding issues within the fbi, watch. Basic and fundamental errors were made by 3 teams on sensitive fbi investigations after matter had been briefed in the highest level of the fbi, paid central and essential role in order to seek fisa order.
Deal with china allowing the American Companies to stop building new factories there and averages to explode higher its working his tariffs forced our businesses to change their supply chains. They had to cut china out of the we need to know the deets before picture as fast as possible. We can finally start worrying last but not least, he has the and we cant really do this job until we start worrying. Possibility of capital at the moment we still dont constraints making it harder for Chinese Companies to raise money know much. Here in the u. S. Do you know what, its been a Relentless Assault and could be a suspension of maybe china would have been able to handle the trade war on its next weeks planned tariff own but they also had to deal with the seemingly endless increases. I dont know some mumbo jumbo about not protests in hong kong. The hong kong situation makes calling the currency the communist party look weak, manipulator. It was really shaky. Look bad, lose face but no way to ha