Americans and ongoing battle of stimulus this morning. Heavy haters, walmart, home depot and kohls reporting Quarterly Earnings, we have all the numbers and impact. Lets check numbers, we are looking at a firmer tone, futures indicating a gain at start of trading, about 55 points nasdaq with record close yesterday adding to it this morning with another gain of 35 points. S p 500 ending the day yesterday less than 5 points away from a new record high close when the dow was down 86 but the nasdaq was up 110, the race to acquire tiktok, stock is surging this morning after reportedly throwing its hat to the ring and what it means to microsoft and ongoing battle this morning. Oracle shares up 2 and a half percent. Men being told not to have one alcoholic drink a day. Whats behind the warning . Mornings with maria is live right now. Ftse 100 up 11, cac quarante up 17 and dax index in germany higher by 66 points. European Central Bank President warning banks arent likely to fullery recover fr
Optimism is. We used to joke a lot about a month ago about the rally we saw in virgin galactic. Today those shares up 23 . Names that maybe did not have a lot going on around them but maybe they hope and a prayer. Carvana,at was up 80 or so in the past week and a half. There was some Industry Data overnight that seemed to suggest that, at least for carvana, that might not be the case. Are notes trends that as bad as feared. Chief equity advancement officer. Eddie, what is your general outlook here once you get beyond equities at start to connect it with some of the other asset classes. A large Floating Rate Bank loan business, so we are in close contact with our counterparts in both the bank loan and highyield areas. The interesting to look at treasury market and see if very depressed area of interest rate. The bond market telling you there could be things to concerned about. When you get into individual stockpicking, individual industry selection. I think for the rally to continue in
Who else but the nba star lebron james has now come out speaking about the recent nba fall out with china, reigniting that controversy that had gone down to a simmer welcome to power lunch. Ive got quite rally reports in eu and uk may be closer to a deal on brexit that s p 500 level thats up, we are less than a percent away from all time record highs and tech nearing a record high they are their best bet into earnings lets go to bob at the new york stock exchange. Its more than just optimism on trade here. Theres several fronts going on. I think the most important is earning. Jp morgan reported strong earnings the consumer side was really good this is a real sign the consumer is holding up and even jamie dimond said that second thing help in the markets, positive comments on the prospect of a brexit deal. They did sicite hard brexit as risk finally a bit of warm and fuzzy feeling from china on the trade talk the global times editor said that fridays meeting did represent a breakthrough
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
His plot in attacking the west side of libya and theyre going to bully there are there are some positives coming out of that although civilians are being the price for this because we. Were focusing on this. Compound Detention Center we shouldnt really forget that libyans civilians have been bombarded by air strikes for almost 90 days and lots of libyan civilians died lots of libyan civilians lost their homes so while. Feeling really sad for what is really had to do the migrants we shouldnt really forget that libyan civilians and talk about civilians im not talking about libyan fighters no no i dont know what libyan civilians almost have a 1000000 people left their homes the those who really killed in their houses by hundreds. Almost 90 day. Is really facing those airstrikes just before what happened last night the 4 or 5 days before that every night to bully is. Strikes so we shouldnt to forget all that complex situation a complex conflicts it is so much for helping us break that down