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Kuroda feeling cautious. They tell bloomberg the nations cannot keep up its current growth rate, but how long can it continue this a comet is Monetary Policy accommodating Monetary Policy . It is looking to promote expedia ceo to run the global firm. He was not on the list apparently, but it looks like he could be the man. We are less than a half hour away from the European Market open. What are we looking at . Couldthe question is, not get anybody else to come in and run the business . Uses it a lot of the time, but it has come under fire lately for other issues, scandal , issues of the like. We are not showing the ftse futures because it is a bank and hopefully everybody in Great Britain is still asleep. We do see euro stocks, futures down, dax futures down, cap ....
Apple is trading 30, away from reaching a 1 trillion market cap the last close above 22,000 thou walk 16th. Is there a peek optimism around the product cycle or does the stock keep riding this wave of enthusiasm yes hopefully we havent gotten there yet. Were about a year and a half into this preiphone 8 party runup. Usually it ends. Either right after the announcement or about a quarter later. The peaks and then we go down for a couple years until we wait for the next cycle. This is a rager though. Apple is up 54 in the past 12 months i mean, hasnt it gotten a little bit ahead of itself, would you say . Well, you know, i think the really important thing weve got here is that weve had a market environment where every stock has done better than you would have thought weve had good Earnings Growth but the reality is pe multiples have expand add cross the entire stock market and apple interestingly enough with a trailing pe multiple ....
Yields dont strengthen. Ten year approaching 2. 34. Road map begins with the tax reform push. Tech is under fire. Senate Intelligence Committee is calling for public testimony from executives at twitter, facebook and google. Another equifax apology. The companys interim ceo shares their new strategy to protect users data first up republicans pulling out all the stops to push their tax reform plan which includes cutting the corporate rate 20. Gary cohn said he disagrees with those who say it will cost 2. 2 trillion because it will be paid for with growth. We think we can be substantially be above 3 gdp growth with what well accomplish on deregulation and tax reform said i he agrees they would have preferred 15 but 20 on corporate is a bright red line, a bright line test if they were going to do that and do repatriation this would be like speaker ryan talked about. It could just happen the fact is that those of us who have g ....
That they have killed five suspected terrorists they were wearing suicide belts which authorities detonated in controlled explosions. Police say both incidents are linked President Trump responding to the attack tweeting the United States condemns the terror attack in barcelona, spain an will do whatever is necessary to help be tough and strong, we love you. Meantime, lets check the markets. The dow fell 274 points yesterday. The second worst session of the year but as you can see, its 1. 25 a big number, but 1. 25 . We always need to mention both because somehow we snuck up past 20,000, so that the big triple digit numbers on a percentage basis need to be put into perspective. It gets people nervous on a late thursday especially a late session selloff, that leads into friday its not awful necessarily this morning, but it is down, showing continuing losses. Treasury yields, t ....
Lovely to hear the song good morning to you. A very warm welcome to you from worldwide exchange. And total eclipse day were only getting 72 , but im still jazzed about it. 72 is pretty high. Make sure you have the right glasses. First lets have a look at the Global Market picture this morning. Futures view, which did sell off a little bit on friday for the week as a whole, the nasdaq and s p down about 0. 6 . The dow down 0. 4 . So despite all of those crazy political we didnt see that much reaction in terms of selloff. This morning just alle little r on the screen. Lets have a look ten year treasury note, yields slipped back below 2. 2 , again partly riskoff buying, but a slightly dovish set of fed minutes that suggested tapering was more the focus going forward. This morning 2. 185 and trading afternoon the rest of the world, asian markets closing mixed. So we have the nikkei down, you can see 0 aboutme. 4 , but chinal higher in ....