For equities you got stocks trading heavy bank of america says Fund Managers are overweight. Tech the most since 2021. Is there even cash left to buy any dip here from new york, im alex deal with my cohost in london, guy johnson. Welcome to bloomberg markets. Not as intense as it was a few hours ago, but were definitely seeing a strong up risk off kind of move within the market. Diy and holding up those are two things you never want to hear in the same sentence because it really does. To be honest, im just talking about from personal experience. The consumer thing i think is fascinating. Look at what is happening. You got strong wage data out of the uk, youve got marks and spencer, a stalwart of the british high street, coming out and announcing really strong results on your side of the pond. Home depot back to the to the diy thing. The numbers look good. Yeah. Structurally, i think theres a long term positive story, but what but a couple of things. I mean, one, gasoline prices are qui
Also on the programme more questions for the government about who was responsible for moving Asylum Seekers onto the Bibby Stockholm Barge before it had been given the all clear for legionella. And Artificial Intelligence has been transforming how we live. But could ai one day be capable of reading our minds . But first, to the ongoing Recovery Efforts in hawaii. Residents say they had no official warning before they fled for their lives, raising difficult questions about the effectiveness of the Emergency Response and whether more people could have been saved. Early warning sirens failed to sound, according to officials, a failure now under investigation by hawaiis attorney general. Lets go straight to maui. My colleague, helena humphrey, is there for us. Good to see you again. First of all, you have been speaking to officials. Tell is the latest you have been hearing there. Tell is the latest you have been hearing there. Tell is the latest you have been hearin there. ,. , hearing the
Di right there giving you a big wave longest member of the Good Day Team who has been with us, sue not too far 20ers we have had so much fun, celebrating with you. I cannot believe, that was two fridays ago, how much fun it was, thank you. I didnt expect that much fuss so much fun you had to take a week off. That is right. Well to day if you have a lot to do and many of us still do. To do list here. Right, right, lot of errand run and gifts to buy this is a good one. 56 degrees today, little bit on the breezy side, rain on the forecast. Nine out of 10. This morning we were watching shower activity but not much really, just kind of cloudy, temperatures are in the 30s and 40s. Bus stop budd which a warm jacket on you went to have be bundled up, it is seeing a little bit of green on radar there not ensure if that is making it to the ground but fit is it is not much just a sprinkle or two. 43 degrees. Southeasterly wind at five, when winds come out of the southwest that is a milder in a st
Thoughts on the u. S. Military. We have special lines for this question. If you are an active member of the military, call 202 7488000. If you are a retired military service member, call 202 7488001. All others can call 202 7488002. You can also reach us on social media. On twitter at cspanwj. And on facebook at facebook. Com cspan. Good morning. Lets start by taking a look at what the president said earlier this month about the state of the u. S. Military during his comments about his National Security strategy. [video clip] dealt isis one devastating defeat after another. The coalition to defeat isis has now recaptured almost 100 of the land once held by these terrorists in iraq and syria. Great job. [applause] really good. Really good. Thank you. Thank you. We have a great military. We are now chasing them wherever they fully. And we will not let them into the United States. In afghanistan, our troops are no longer undermined by artificial timelines. And we no longer tell our enemie
And happy friday, welcome to power lunch. Aisle melissa three, three major averages all lower this hour the dow is on track for its second straight weekly gain. Investors, again, somehow shrugging off fears about north korea. Check out the movers were watching for you, first solar soaring hitting 52week highs. Reports the u. S. Trade commission is considering slapping tariffs on foreign imports of solar product the crazy moves on finish line retailer was down 11 earlier on its profit miss. Now up 9 , the big move looking more like a short squeeze. The stock has a 29 Short Interest phillips 66 partners rallying the company, buying pipeline, other asset from its Parent Company for 2. 5 billion carmax is surging on its earnings beat. We begin in the nations capital, wilbur ross this morning on squawk box dealing down on the needed changes to na nafta and allout push to get tax reform done. Kayla tausche joins us from washington. Reporter the white house doing fullcourt press, trade teams