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That goes to biogen. But broadcom still up 2 . The 10 year yield, 1. 79 . Guy lets take a look at where we are here in europe. We are trading toward session lows when it comes to stocks. Also a selloff when it comes to the oil market. The stocks now down the stoxx now down 0. 3 . In italy, bonds have been out in front of the story. They certainly been taking a much more cautious approach when it comes to the trade narrative and the Global Economy over the last few sessions. Equity markets have continued to push ever higher. Lets get some analysis on where we are right now. Lombard chief ts economist, joining us now. I want to start with your view of the u. S. Consumer. We seen two big retailers out today, missing. The stocks have been pummeled. Are you worried about the u. S. Consumer . Charles not really, to be quite honest. Guy why not . Charles i think real income is going up at a reasonable rate. The savings rate is not going ....
Miss. While streak drills wework, facing questions about its finances. We get a read on investor appetite ahead of a potential ipo. First, shares of qualcomm falling in after hours trading after the chipmaker gave a downbeat fourthquarter sales forecast. At the highend, qualcomm is looking at 5. 1 billion sales. Analysts predicted that is in 5. 7 billion. Line with a warning issued back in april. Demand for smartphones, particularly in china, would be weak ahead of the introduction of 5g. Joining us is mike regan and sarah mcgregor. Explain whatf all, we are seeing driving this drop. How much does it have to do with china . Mike the revenue forecast for the current fiscal quarter was very light. The eps for the quarter also really light, and adjusted eps of as much as. 75, and the street was looking for 1. 10. It boils down to qualcomms basic business model. It has a controversial practice selling chips to manufacturers, they license chips to them, and they want royalties equal to a ce ....
Economy through the next leg of expansion. We will come back to david we come back to you in just a moment. We what to go to Kevin Cirilli at the white house. Tell us about what happened at the mall. Are you down there . Then i was not there for actual speech but i was hanging around the area. President trump striking in a political tone in his address featuring the first lady. There were a from all of the Different Military branches. He praised prominent africanamerican leaders like Frederick Douglass and Harriet Tubman and he said the u. S. Economy has never been stronger than it is today. It was largely President Trump trying to deliver a unifying speech. He faced criticism from democrats who argued ....
E biden with close ties to hunter and his Investment Firm might soon congressional scrutiny. According to foxnews. Com, both of these aides had jobs with hunter linked firms scd worked with the big guy inside the government when he was vp. So much for that Imaginaryrdingm Wall between the government and hunter. This summer, bidens adult was. Even reportedly living at Whe White Housmaginarye for at t two straight weeks. To the surprise of many staffersuse for ks. , hunters ill fated plea deal is now under investigation at the house judiciary committee. But the bad news does not stop there. Rememberstaffers dill that Special Counsel investigation into joe bidens mishandling of classified documents that was seemingly going nowhere. Apparently, federal ....