I love all three of these people. Individually in different ways. Again you all bring such intelligence and such insight. In rigorous honor dash mike honesty to the conversation. Peter teal who spoke with maria on google. The radio host a. M. 970 and saturday night live alone on the canceling the movie of the hunt. In the Energy Analyst global head. You dont want to miss any of these coming up. U. S. China trade. The economist saying that fears of a u. S. China trade war are increasing. And that they no longer expect a trade deal before the 2020 election. President trump threatening to impose a threat on september the first that would mean that every dollar of imports into this country has a tariff on it. Protest in hong kong still ongoing with over 100 Flights Canceled at the airport today. This is a rough start. What do you make of the Goldman Sachs call. I was talking to a bunch of traders who in an observation the trade war is not impacting just our economy but impacting all global
Earnings could well determine whether we get that late summer swoon or, josh, perhaps a surge. Do you think people are too negative today on where the market is . I think we probably need some new tools to measure whats going on in the economy. If youre looking at commodities and saying this is representative, then youre ignoring the fact both Consumer Discretionary and Consumer Staples are within pennies of new record highs. And the fact that those two things can happen concurrently, this massive downtrend in Commodity Prices and this huge uptrend in what the consumer wants to do with their disposable cash is like a non sequitur of commodities being a leading indicator. The fact is theyre global now. Theyre not a good leading indicator for the u. S. The real economy, 70 of which is the u. S. Consumer, is doing just fine. Not great. Not gangbusters, but household formation is happening. Were building and buying homes and people are out in the stores and restaurants. Go out on a saturda
Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things were great. People know all right. Well get to texas in a minute first, an important corporate story to tell you about after a bizarre ceo search, wasnt it . Finally chosen, uber has, expedia Ceo Dara Khosrowshahi to be the next chief executive, he has been with expedia since 2005, credited with expanding the global presence. He immigrated to the United States from iran in the late 70s. He says he was the truth pick for uber he has been very inquisitive, visionary, i guess barry diller met him whe
Federal government i dont want the plane you think i need. I want to plan i know a need for myself and my family. Those numbers are so flawed in terms of what happens in the realworld when people act for themselves in an appropriate way and get the coverage they want. Latest on the health care battle. New details at the republican reform plan starts to take shape out of the white house. The day in the center of a after blackfoot sweep arizona. The raging water killing nine people. Still missing this morning. The search i had. Sending a message to its competitors have a tax hike is said to be working on its own messaging. Features are showing this morning with the dow alltime highs on friday. Weve seen it in market this morning. Dow futures down one point. In your current take a look at france and germany. Ftse 100 about a third of 1 . In asia, stocks in china dipping despite the expected growth of the chinese economy. The shanghai down almost 125 . The nikkei closed for holiday in japa
Let back in. We will have a strong borders again. Weve a much closer look ahead it comes amid a new push to regain parts of most all. The consumer giant dropping his plan a closer look at why one by Warren Buffett is stepping back. The online giant making it even easier to get free shipping. Markets in the u. S. Closed for president s day but checking overseas action in europe you can see mixed markets there. In asia overnight dudes across the board. And a big win for space x. Lodging and leaning its first rocket. That take up is happening. We look at the space race coming up. So much more with me. And we have our team here. Welcome to everybody. When we went through that piece of sound i ask our stage manager in my shouting . My favorite president james k polk. Kitty work on that all weekend. Do four things and he did them all and he did not run again. Good to see you. Former secretary of state for Political Affairs under george w. Bush nicholas burns, u. S. History and Hispanic Chamb