They really have to make one of 2 choices right choice number one is you have to raise the price on those items so that the consumers have to carry that cost or as a retailer you dont want to anger the consumers so you simply eat the cost yourself. With what theyre left with or both actually because they have to rely on both aspects in order to make their margins work and right now that they will not increase their budget meaning that they will not increase in order to catch up to the rate hikes which ultimately mean that they will end up buying fewer goods overall ok so here we are with the u. S. Retailers say the 15 percent tariff comes along the u. S. Retailers get hurt at christmas time but the chinese retailers they will actually hurt into next year right into next year which is why this year this didnt really impact manufacturing because manufacturers are they got their orders for the Holiday Season from the retailers however these tariffs are not going to extend into 2020 and th
With beijing and washington talks. We are waiting for had for that. The hang seng raising some of the losses we have seen. Mckay up three quarters of 1 . Asx, which has had a rough time of it. Up 6 10 of 1 . A bad day for manila. David yesterday, we were down 1 that is standing on the screens. Rishaad lets have a look at some of the other asset classes. This is a position we have had. Nickel has had a torrid time should it has entered a bear market. 20 down since the beginning part of september. Prices may snap back next year if the conditions start to reemerge. A bit of a loose side of things that has driven things downward. Investors have continued to grapple with the uncertainty of trade. Lets have a look at what is going with the australian dollar. Just up a fraction at the moment. We had the commonwealth of australias pi numbers. Inwed manufacturing contractor he services. Picture,t the crude . 25 toks at 20 the barrel. The 10 year yield on the japanese bonds. The are yielding eig
These retailers and take a huge chunk out of their earnings because we havent seen this since 2013 that we had 6 plus days and 2013 was one of the worst years for retailers securities a lot of days but lets also be clear about this so the american retailers theyre obviously going to take the hit them from what youre saying based on christmas so they really have to make one of 2 choices right choice number one is you have to raise the price on those items so that the consumers have to carry that cost or as a retailer you dont want to anger the consumers so you simply eat the cost yourself. With what theyre left with or both actually because they have to rely on both aspects in order to make their margins work and right now all the Amazon Sellers have been feeling this and 72 percent of them have actually increased the price of their goods furthermore the latest market surveys show that while 60 percent of American Consumers say that they are worried about terrorists when asked about the
Memorial in arlington, virginia, a special veterans day edition of Halftime Report. Now, heres scott wapner and the halftime investment committee. [ cheers and applause and welcome to the womens memorial here in arlington, virginia. We have a great lineup of womens veterans in business including the ahead of womens veterans on wall street and some of todays highest ranking female officers. Were happy to be with you to honor women who have served this great country. Our traders today were going to get to our guests in a few moments. We honor your service. Lets kick things off with the markets. Stocks have been trading around record highs. Im going to defer to you first for obvious reasons. Thank you for being a part of our program. Trade. Thats what it all comes down to yet again. Trump earlier today, the president saying he hasnt agreed to a rollback of tariffs with china in any way. Were still up a little bit. Before we do that, thank you again. More importantly, i think thank you to
Worth of chinese goods those tariffs in theory would take effect on december 15th and yes they would hit video game consoles computer monitors Christmas Decorations all the stuff you care about plus thousands of other items so lets talk about this for a 2nd because kristie if december 15th ok is when these tariffs take effect and when the big question for a lot of people is isnt that too late to really affect christmas were talking about black friday has already passed by then cyber monday is already passed by then. With this kind of squeeze in everything for christmas or we still get hit by this you actually start to hit by because while got a lot of shopping does take place during black friday and cyber monday now increasingly more as more sales go online 30 percent of annual sales actually take place between black friday and christmas and almost over half of the shoppers dont even finish their Christmas Shopping until late in december so this will actually be a huge chunk out of the