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Encompassing the stock markets and generally, we are seeing. 5 to the downside. Bossuropean central bank suggesting the door is open in perhaps september or thereabouts. In august, they are off on holiday. People factoring that in as but they bad enough, want something straight away and didnt get it. A raise and then settling down to be unchanged at 1. 11. Brexit, the European Commission saying they will not give Boris Johnson an olive branch and renegotiated deal. That hasnt affected things but given the makeup of his cabinet, the path ofeeling least resistance for sterling against the dollar is to the downside. Yen, stable 108. 64. U. S. Dollar index, unchanged at the moment. Lets find out what is going on. In sydney, weve got paul allen with the first word news. China is dismissing the claim that deliveries involving huawei products are simple mistakes. Chinese authorities also suspected fedex of holding up u. S. Bound deliveries involving the equipment. Last month, fedex said it ca
New-yorkUnited-statesMalaysiaJapanShanghaiChinaHong-kongUnited-kingdomTexasIranBeijingGermanyRemember all the talk about airbnb hitting hotels stocks theyre all at 52week highs well explain why this might be the undisruptable space. First, another record for the dow. It was by the classic american stock hitting new highs, boeing up 67 caterpillar 38 . Walmart up 24 , just dollars away from a fresh record how much further can these dow darlings run do you keep buying these classic american stocks even at record highs . Pete what do you think . I think some of these names, absolutely if theyve got the growth or if theyve got something within the Balance Sheet that makes sense to me. I was given flack about this one, it will continue to go up, boeing when you look at this name, we talk about the banks all the time, its a price versus book, right . Were always looking at these various ways of looking at things its not necessarily the pe value. With boeing you have to look at the operating cash flow. If you look at that for bowing, youre looking at a company thats 18 times, compare
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