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Slumping and Global Growth concerns back in the headlines, as chinas Economic Data comes in weaker. Joining us for the entire hour, final hour of trade is keith bliss, managing partner and ceo of iq capital usa. Keith, welcome thank you very much you and i were just chatting about the fact that you were noting that youre kind of surprised that the stock market isnt down even worse. I think its really resilient and speaks to the trend weve been seeing throughout the last 30 days for sure and ive been a big believer that well continue to trend higher throughout the rest of the year but think of Something Like this that happened 45 years ago, when we did have real supply concerns and the kingdom of saudi arabia was the big player in the market now its much more dispersed we were not a big player. At all. For a variety of reas ....
U. S. Officials say there is a lot to be done if the two sides are to reach a deal. Some of the biggest backers of Softbanks Vision Fund appear to be having second thoughts. We are live in san francisco. Shery lets get you started with a quick check of how wti crude is starting to trade at the moment. We are seeing a little bit of pressure, down 1. 7 . Still above the 60 a barrel level. This coming up to the biggest gain since february of 2009. 13 jump after those drone attacks on Saudi Arabia Oil facilities. Also at a time where we saw a decline last week of 3 . We continue to see this demand picture not so clear for the oil markets given the ongoing chinau. S. Trade tensions and the ongoing slow down of the Global Economy. At the moment, we are seeing a little bit of pressure from wti, down 1. 7 . In two hours ....
Give us a sense of the area. Its a very strange vibe on the streets here admittedly. People are having a bit of difficult time just remember images that we saw come out last night and its the first time that weve seen in the protest already mass attackers coming after protestors and they were beating them pretty savagity with a baton. And it really added a bit of a new dimension to a pretty fast that until now, weve been watching over the past seven weeks and been surprised by the momentum it sustained and surprised the fact that carrie lamb is continuing to maintain ground. David carrie lamb denied the attackers on the protesters came from the government. Is there a sense that the government is behind the attacks . They did really attack the protesters. You know, that would all be speculation at this point. She and the Police Commissioner had a very somber press conference that came out with a lot of officials. And they real ....
Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good ....
The worst atrocity against use in the holocaust. Rocket attacks hit tel aviv and jerusalem. That means all of israel is on the firing line. Troops and equipment are staging on the gaza border. Probably moving towards a Ground Invasion. Israeli defense minister says we are fighting human animals and we act accordingly. Gaza is now under complete si siege, no food, fuel or electricity. Any Ground Invasion complicated by hamas hostagetaking. Over 100 believe held including americans, fastmoving situation. We will update throughout the show. No surprise investors in the selling mode, no safe havens will get to them but the dow looks to be losing a couple of hundred points in the opening bell the nasdaq down 100. The price of oil up whenever war breaks out there is immediate concern of oil supplies, you look at 86 a barrel as we speak. Up 3. Gold is a safe haven moving up still ....