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Manus a warm welcome to bloomberg daybreak europe. Do you believe that phase one trade deal between the u. S. And china is the most momentous day in trade history . Those are the words of lighthizer. Bank of america, a cracking note out this morning. Get ready. It will be frontloaded. 5 up on the s p 500. To e old rates are going bang up. Nejra how worried should we be about the potential curse of phase one and done . We have seen a risk rally. The phase one trade deal for china but also the u. K. Election, but the question this morning, as we sit here going into 2020 becomes is the absence of some bad news going to be enough for risk assets or do we actually need more good news to come along . Manus indeed. To the markets. There are the believers, the doubters, and there are a course those people that have yet to be convinced. The yuan is truly one of the believers. We come off that break point down to one of the biggest 1 ony drops moving by friday. What does it take to rerate you wa ....
Good monday morning. Welcome to squawk alley. Obviously watching the dow down 142. Oil is the story of the day. Prices surging following attack on the Worlds LargestOil Production facility in saudi arabia, disrupting the Global Supply of crude. Brian sullivan in houston with more on this hi again, brian. Reporter hey, carl, good morning. Playing a little zeppelin rock and roll there the market is rocking and rolling. So many effects from the attack, moments ago the u. S. Telling saudi arabia they believe they came from iranian soil lets put size and scope into perspective. I know you talked about how big this outtake facility really is, and it is not completely analogous. Heres a good example. We showed it earlier 5. 7 Million Barrels off line, facility is 7 millio ....
Desk the bullish call on the machinery manufacturer why one says the environment is better than people think the Halftime Report begins right now. Even had time to put my name in there happy monday your Investment Committee today is joe, josh brown, stephen weiss. We have another very special guest with us on this monday lets begin with the markets and maybe the bold call by global cio scott minerd he says the s p 500 could rally another 15 this year. It could take the index just below 3500 that was take the dow to 31,000. Im only like 24 years old. Amazing you started when you were two. Youve been very right youre more of a bond guy. Why are you saying stocks can rally . We do more than stocks. We do macro also it also plays into each other here this rally, whether youre looking at bonds, stocks, high yield. Its all being driven by liquidsty. The central backs around ....