Signing of that phase one trade agreement later this week. Joining us is charlie from aerial investments charlie, welcome. Thank you for having my well, you have to go specifically s p 500, which is protectly where you want to be right now. Frankly its starting to get expensive for us they continue to run, but at some point growth will have had its day, and value still looks tractive growth does not look attractive to me at this point. Interesting to hear you say that mike san tollist pointed out that in many ways the market is right where it was in 2018 does it feel that way . Yes, different from 2019. Last year there was gloom, a lot of talk about trade wars right now theres not a lot of bad news i say unfortunately, because the best time to invest is when people are worried about things. Right now theres just not a lot to worry about in the meantime lets focus on the big were covering dave calhouns first day wilfred has a preview of the banks earnings, and mike santoli has the marke
And ive always said this. Its nice to have kids because you need to live to watch them grow up, right i guess time is passing, they cant grow up. Did you have a nice day we did. I i dont know, i thought i had a free rain ein to imbibe. You cant tell what youre doing until its too late. So i have a picture we had a cake when we got home. I was laying on the couch and they took a picture of me because i wouldnt sit up to eat the cake you need those glasses that we had stounounds like a good birth we went in the big city it was fun. Happy belated birthday. Thank you. Folks, lets check out the u. S. Equity futures. The second trading week of the year green arrows dow was up by 577 points gain of 2. 3 nasdaq up by even more 3. 4 just in the first four trading days looks like there are green arrows across the board. Dow futures up comes after big gains up tonight in asia. Nikkei up by. 9. Hang seng up by a quarter of a percent. Shanghai up. Early trading in europe this morning you will see t
Region. One day after a deadly bomb blast at a hotel in neighboring somalia. The president also speaking out against republican president ial candidates who attacked his policies over the weekend. We have the latest in this war of words. Hey, chinas markets are set to open in less than 6 1 2 hours. So lets start the countdown. Liz breaking news. China chewing up wall street after demonstrating a week of stabilization thanks to massive government intervention. Last night a freefall so severe, it is affecting our markets negatively right now. Spin it forward, 6 1 2 hours away from the hang seng in hong kong and the shanghai and shen gin indexes opening again. What can u. S. Inspectors expect the day after the huge fall. How will it impact your money. We take it to the traders watching and waiting at trading floors around the nation and gerri willis. Scott, to you first. What do you think happens when china opens for business . Three hours ago, they said theyre going to put measures back
In a little bit but tell me first about the conversation you had this morning with president elect donald trump when you informed him that you would no longer be building that plant in mexico. Well, we informed president elect trump and also Vice President elect pence this morning that we were going to be investing 700 million here in our plant in flat rock, michigan, adding 700 jobs on top of the 28,000 jobs that weve created over the past five years. And at the same time, told them we were going to be canceling our plant in mexico and the reason for that is that plant was we were going to produce the focus. Weve seen a market decline in demand for small vehicles. So were now going to produce the focus in an existing facility in mexico. Mark, what did the president elect say to you when you told him this . Well, over all both the president elect and Vice President elect pence were very happy that we were making these investments here in the u. S. And u. S. Workers. And we mentioned al
That is up from 16 a year ago. Terrorism ranked second, followed by immigration. Chinas congressman said a trade war with the u. S. Should not be an option. Told voters in beijing the disagreements are inevitable. But history shows the u. S. And china can overcome trade frictions through negotiations. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Amanda live from bloomberg World Headquarters in new york city, im amanda lang. Joe im joe weisenthal. U. S. Stocks are rising to records today and the dollar resumed its advance. Joe but the question is, whatd you miss . Amanda the Philadelphia Fed chief says a march rate increase is not off the table, after clevelands loretto mr. Said the same thing. Traders are a long way from being sure of a rate hike next month. And macysalmart rallied after results from the Holiday Season exceeded wall streets pessimistic expectations. Ad, tesla stock has been on tear, up 48