Says it will conduct daily repo operations to stabilize the lending market joining us for the hour, jim le camp happy friday investors dont like it when trade delegations cut their trip short. They dont, but god we can buy chinese dog leashes now. Theyve allowed a lot of things to happen and theyre not accelerating things so we need to get beyond what theyre ta talking about, beyond the saber rattling and looking at the actions. We havent ramped up tear i haves in a while then you look at the Federal Reserve board and while a lot of people were disappointed on wednesday when they didnt do too much more than say were going to cut it a quarter of a point, didnt give us a lot to go on in the future, it was more dovish than people look like he set the table for Balance Sheet expansion and Balance Sheet expansion may not be qe, but they could be mistaken as twins at a party its about the same thing. So yeah. I think some of these things are comeing off the boil whether its trade, Federal Re
About chinas economic challenges, calling the country a ticking time bomb. Lets begin with the markets on this final trading day of the week as investors digest todays ppi number interesting, sara. I mean, 0. 1 is not that dramatic we had a negative revision, but coming off the stellar reception to cpi yesterday, maybe it looks a little bit worse yeah, after a zero percent in june, you dont want to see it tick up to 0. 3 in july, which is what we got, and we know Producer Prices are wholesale prices that feed in, so maybe a little deemphasized because we already got the cpi read but you just dont want to traders, investors are on guard for inflation to hook back up. Right . Like, we hope people are hoping that the inflation data, which has shown moderated inflation, been celebrated as good news, will take us down to the 2 target and the feds work is done, but theres a chance that, look, it could be sticky we still see a really tight labor market where wages are rising we see Oil Prices
you can look at the ten-year note at 1.578. welcome back. thank you. to the east coast. it s warmer here. what was your score can you give us a brief update i maintained i stayed in the red. stayed in the red. my pro was even. but it was difficult for me to play it s a difficult game. difficult game to play well. it s hard to get up at 1:00 in the morning, do the show, and go play pebble in front of people they saw some things no one should see we ll talkabout something very serious. we ll get back to that because i want to tell you i saw one of our old friends. that s a good tease. jay z. did you i mean justin zuker i played with him and he made the cut. his short game he s a competitive person have you noticed that? he is competitive. that s one thing we may talk about more you know who else is a cnbc contributor? dr. scott gottlieb, how excited are we we get to talk to him again. coronavirus, 910 people are dead that s making the outbreak de
Zendaya's steamy new film Challengers has set pulses racing across the world, but is the movie based on a true story or a book? Is Zendaya's character Tashi based on a real person? Here's everything you need to know.
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