President trump warns he will smash the turkish economy. Hong kong calms down after a long and difficult weekend. Leadership in beijing should meet protesters. Get you across some breaking news out of south korea right now. This is the current account balance for the month of august, and it is coming in, contacting on the july figure. Billion. In july, it was 6. 9 billion. We have seen rather disappointing export numbers out of south korea, but however, the current account remains in surplus after the chart, dipping into deficit back in may last year. It is trending a little down. The trade war is weighing on career. The current account balance for the month of august, 5. 265 william dollars. Chari. 5. 265 billion dollars. Shery the Trump Administration put 28 chinese entities on a new trade blacklist. The s p 500 was down. 5 in the regular session. Major indices ended in the red and they were fluctuating between gains throughout the session but we had energy and Consumer Staples leavi
But the bank is hoping to close the deal by year end. U. S. Sends additional troops to the gulf. Iran threats are absurd. Its not the first time he said something ridiculous and laughable. The United States is our allies. The attack was against the whole world, not just saudi arabia good morning welcome to the program. We are closely watching the survey data this morning pmi after a weak read in on Germany Economy and france the numbers crossing for the eurozone, 50. 4 that is 50. 4 the flash pmi estimate was seen higher around 52, so it is weaker than anticipated but it is holding crucially above that 50 break even level. When it comes to the comparison to august, you can tell how quickly we have unwound to trade around the 50. 4 level today. When it comes to the deep level of pain across the eurozone, the manufacturing flagged up flash estimate at 45. 6 this is weaker than the 47. 2 anticipated. Also down probably 47 that we flashed up in august when it comes to services, and this is
That demand is waning in Many Industries just when the fed wants to tighten. Hence while we ultimately drifted lower again today, dow dipping 22 points, nasdaq advancing just 0. 36 . Thank you, apple, for that. But if demand is just fine, thank you, not falling off a cliff, then we can tough this market out together. Not everyone agrees. For example, at the alpha conference yesterday, the vast majority of speakers seemed to write off the prospect of any robust growth in demand either here or worldwide. If you had to boil down the barest thesis, it will go like this. Central bankers are out of bullets. Nothings working. Demands declining. So were headed into the unknown, and lurking in the unknown is a terrible abyss of losses for anyone who owns anything. Stocks, bonds, you name it. While i have a macroworld view, im whats known as a bottoms up guy, a person who looks at demand company by company and makes an aggregate case based on what i can put together. Now, i admit that the demand
Dipping 22 points, nasdaq advancing just 0. 36 . Thank you, apple, for that. But if demand is just fine, thank you, not falling off a cliff, then we can tough this market out together. Not everyone agrees. For example, at the alpha conference yesterday, the vast majority of speakers seemed to write off the prospect of any robust growth in demand either here or worldwide. If you had to boil down the barest thesis, it will go like this. Central bankers are out of bullets. Nothings working. Demands declining. So were headed into the unknown, and lurking in the unknown is a terrible abyss of losses for anyone who owns anything. Stocks, bonds, you name it. Up guy, a person who looks at demand company by company and makes an aggregate case based on what i can put together. Now, i admit that the demand side worldwide is worry some, not dangerous, but worrisome. What we saw in 2007, that was dangerous when Central Banks generated Systemic Risk by tightening into an economic collapse. We dont s