Of a g20 communique. He welcomes the stock market correction. It was a super bubble. A bubble of a bubble. When you go there and the taxi driver is telling you which stocks you should invest in. He says even a 10yearold could see why the greek bailout was wrong. Telling cnbc that no Political Party could stabilize an economy thats imploding. Its of the upmost necessity and has been for a few years now is to have an Economic Policy which ends this extend and pretend nightmare over the last few years. It is one of the most critical jobs report in recent memory. This could be the number that decide ws whether the fed will lift off or push out its rate hike over the last month. Theyre calling for an increase in 220,000 in nonfarm payrolls versus 215,000 in july. August tends to quirky. The jobs number is often inaccurate as many people are on vacation when the government conducts its household and business survey. Lets take a look at u. S. Futures. Stocks failed to hold on to gains. The na
Fed to hike. Tens around 2. 15 and oil is north of 46. Road map begins with the jobs number falling short of estimates and whether this changes the math for the fed in september. And disney flexes its promotional muscle. Force friday is upon us and star wars merchandise is already selling out. Also ahead, no news is good news, or no news is news. Twitters Board Meeting comes and goes without a ceo announcement. First up the ball is in the feds court. 173,000 nonforeign jobs developed in august. Thats below consensus. Marks the smallest gains in five months. Unemployment rate falls. 2. Thats close to a 7. 5 year low. We had some we mentioned the revisions. August tends to be revised up on average about 75,000. Again, the talk is where is that line for the fed . What would have been Strong Enough for them to hike, lacquer on the tape saying he didnt care about this number h. Hes ready to move. We knew that from the title of his speech. People will Start Talking about the fact that you me
Week in the futures market. The nasdaq would be down about 10 102 points and this comes after the dow closed in triple digit negative territory yesterday despite a big spike in oil. We did see another negative session in asia. Of course among the big reasons, new Economic Data showing chinas Manufacturing Sector contracted last month. It contracted at the fastest pace in three years. The official number contracting for the First Time Since february. You can see how the Chinese Markets are he reacting to that. Down about 1. 25 but you can see a sharply reaction in hong kong and shen seven which shows chinas higher growth stocks. Meantime, exports from south korea tumbled by the most in six years so that is also effecting the markets here. Shanghai composite was down as much as 5 before recovering to close down 1 thanchts loo. That looks better. We have to switch the percentages. Soon, now, today i think. Instead of arresting people that are selling stocks like in china. Thats first reac
Of a g20 communique. He welcomes the stock market correction. It was a super bubble. A bubble of a bubble. When you go there and the taxi driver is telling you which stocks you should invest in. He says even a 10yearold could see why the greek bailout was wrong. Telling cnbc that no Political Party could stabilize an economy thats imploding. Its of the upmost necessity and has been for a few years now is to have an Economic Policy which ends this extend and pretend nightmare over the last few years. It is one of the most critical jobs report in recent memory. This could be the number that decide ws whether the fed will lift off or push out its rate hike over the last month. Theyre calling for an increase in 220,000 in nonfarm payrolls versus 215,000 in july. August tends to quirky. The jobs number is often inaccurate as many people are on vacation when the government conducts its household and business survey. Lets take a look at u. S. Futures. Stocks failed to hold on to gains. The na
And no more bad blood. Nicki minaj buried the hatchet with taylor swift. And comes out swinging with miley cyrus. Kanye west drops a bombshell. I have decided in 2020 to run for president. And what moved Justin Bieber to tears . Were behind the scenes with all of the moments everyone is talking about this morning. The and good morning, america. Happy monday. Boy, those vmas are a game of can you top this . Kanye running for president. Nicki minaj, she and taylor are okay. But things opened up with miley cyrus. Things got heated. Over some comments that miley made. Were going to get into that. Jesse will get into that later. Lots of action. First, we want to get to the heat. The wild weather. The heat wave moving east. Three hurricanes churning at the same time. Ginger zee has what you need to know. Good morning, ginger. P good morning. Pacific to atlanta, we want to track the storms. We want to wrap up that storm on erika. There was flash flooding over the weekend. Two to five inches i