From the start. Global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. An hong kong protest take an ominous turn. Place drug guns and fire a shot, as demonstration turned violent again. Shery lets get started with a quick check of markets. U. S. Futures at the moment plunging 1. 1 heard this after we ended the regular session friday and President Trump escalated the trade tensions against china, saying he will boost tariffs. This coming after chinas retaliatory tariffs. On friday we saw a negative sentiment across markets. The dow falling 600 23 points, the s p 500 lower by tack and Technology Energy stocks. After chairman Powell Comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. That felt 3 . Continue to see these fears of recession. Two 10 yield curve. We saw the three 10 yield curve. We are seeing that anxiety play out in the markets. Lets see how things are playing sha
Issues that may ultimately go behind closed doors. I think this is going to be fascinating and important how the republicans and democrats . Questionmocrats mueller. David turns out hes going to do a little more talking. Carol just before they all go out on recess. We are also walking the markets also watching the markets on this wednesday morning. S p 500 futures had a bunch of selling yesterday. S p down three consecutive days. A little bit of support here, up just about 12 point. The eurodollar 1. 13. Crude seeing some support. Concerns over the tensions continuing with iran. You got new york crude up about 1. 8 . David General Mills breaking their earnings right now, which is a bit of a puzzle to me. Net sales came out at 4. 2 billion, a little bit off estimates. 83 asngspershare was 0. 77, but they are down in premarket trading. It looks like there is a little disappointment creeping in. Carol the stock is up about 38 this year, so theres a lot of optimism. Any disappointment abou
Suspects in last octobers killing. A record 71 Million People have been displaced worldwide war, persecution, and other violence. U. N. Refugee agency said today that is an increase of more than 2 million. From a year earlier for the first time, venezuelans fleeing runaway inflation and clinical to hormone accounted for the asylumseekersof and 2018. Global news, 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Buy from bloomberg world headquarters, im taylor riggs. Tolive in toronto, welcome markets. Nejra here that taylor here the top stories we are following from around the world. Trump once one. Wall street banks point to a datadependent central bank. U. S. Equities are holding near highs. Global yields covered down near record lows as we count down to the fed. Crying foul. President trump is on the war path towards currency manipulation. How effective is it in improving an economy . We
Good afternoon, everyone. My name is bill burps. Im delighted to welcome you to the Carnegie Endowment for international peace, and im especially delighted to welcome home to carnegie Nick Rasmussen, the director of the National Counterterrorism center. As nick completes three years as director of nctc and nearly 30 years of Government Service, were very fortunate and very honored that hes chosen to offer a few parting thoughts at the place where his professional journey began, at carnegie, where he served as an intern in the Junior Fellows Program after graduating from wesleyan. Ive known and admired nick since the 1990s when we served together in the state department when nick worked for dennis ross in the special middle east coordinators office. Nick went on to serve as one of the very few senior u. S. Government officials to serve virtually continuously since 9 11 in fighting terrorism around the world first at the white house and then at nctc. We are, over the last three years, he
Is adent trump soninlaw focus into the russian meddling in the election. Investigators are looking into meetings Jared Kushner had with the Russian Ambassador and a banker for moscow. He is a senior white house adviser. Alloy or set it coast or will share what he knows about the meeting. The president met with the japanese Prime Minister before the start of the g7. They disagree on areas such as trade and Climate Change. Its believed the others wont gang up on him. To focus onng terrorism and issues where there is common ground. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. David the president is completing his overseas trip. There are a host of issues for agreement or disagreement. He went to the heart of one of them when he talked about german car exports. He said the germans are bad, very bad. Look at the cars they sell in the United States. We are going to stop that. Matt miller is covering the challengi