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Taking a look at stocks today, maybe people are reacting to earnings. Olivia we have seen betterthanexpected corporate earnings. A couple of pharma companies, ford, ofrd course. A little disappointment on the top line, but Financial Engineering boosting the bottom line. Things have called down a little calm to down a little bit. We see some movement in the british pound, gaining against the euro, the biggest move in about two weeks after british gdp gaming out came out, showing the economy grew 0. 7 in the Second Quarter. It is the 10th straight quarter of actual growth for the british economy. Markets are pricing in a rate hike in england in about may. Beat mark carney may have janet yellen to the punch. Olivia they think they want to do it until next may. Our funds are pricing them in for september. But the story was that carney could be the first to raise rates. How ....
Turning to political strife in the ukraine. Cyber reports driven by mobile and holiday data continues to trickle in. An upgrade in acquisition and reports in china mobile all amounting to a rise in apple shares. And shipments expected to fall by double digits this year, the most severe contraction on record. And some food for thought as news from yum brands and krispy disappoint. Comscore says shoppers have already spent about 20 billion online this year, up 3 . Ibm also saying some pretty eye popping figures saying both mobile traffic and mobile sales came in at more than 40 higher from a year ago. The data just continues to add up regarding the strn of mobien mobile, jim. I reiterate this is an apple Holiday Season. Dont want to get too focused on apple. Thats the metaphor. Seems like people want to buy phones and buy tablets. The pc numbers are dreadful. On the Hewlett Packar ....
Trading day of the year. We looking like we have an up open. As for that allimportant im going to put allimportant in front of the 10year every time i say it. Europe is largely green is where we are right now in terms of the markets can the 10year go to 3. 89 . I pick that number because thats where the spanish 10year is. Unemployment, three and a half year low. Spanish bonds are trading at a three and a half year low itself because business has come back. Is that maybe a little bit of a roof . Do you think its possible that our 10year is going to go through the spanish 10year . It doesnt seem possible. So maybe we should stop fretting all the time. And i italian 10year. Before we go phracrazy, we an better shape than they are and they should have their own currency. It really is insanity were so worried about it probably is a good thing, not a bad thing, because its saying a lot of good things about our economy. Im more concerned do you know when i did something that was cardinal sin, ....
Of war. This one involving america versus its allies. Chief White House Correspondent john roberts starts us off tonight. To hear trump tell it, trade wars are easy to win. Others believe theyre best avoid. In the oval office today with israels Prime Minister, President Trump was standing his ground on imposing tariffs. Were not backing down. We lost 800 billion a year on trade. Not going to happen. We got to get it back. Opposition to the plan is growing. Today paul ryan voiced his concern to the statement from his press aide saying, were worried about the consequences of a trade war and are urging the white house to not advance with this plan. The tax reform plan boosted the economy and we dont want to jeopardize those gains. We have a great relationship with the speaker. We dont agree on everything. Trump ....
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