Controversial. Whats in it for him to take the job . Josh he fancies himself a revolutionary. He thinks he is helping this right Wing Populist Movement that swept across the globe, that got trump the gop nomination and swept him into the white house. Its only appropriate that now that trump is in the oval office that steve bannon will be there right there with him advising him on strategy. Mark is he doing it because he is loyal to trump . Is he doing this because he wants to change america . Josh i suspect its all three of those. If you look what Breitbart News has done over the last few years, they have tried to lead this revolution in the Republican Party and drive out the old guard and bring in new people liked trump, and they basically succeeded in doing that. I think what bannon sees himself in doing is formalizing that victory by taking a powerful role in the white house so he can help a President Trump realize the vision for a different kind of governing and agenda than anythin
Controversial. Whats in it for him to take the job . Josh he fancies himself a revolutionary. He thinks he is helping this right Wing Populist Movement that swept across the globe, that got trump the gop nomination and swept him into the white house. Its only appropriate that now that trump is in the oval office that steve bannon will be there right there with him advising him on strategy. Mark is he doing it because he is loyal to trump . Is he doing this because he wants to change america . Josh i suspect its all three of those. If you look what Breitbart News has done over the last few years, they have tried to lead this revolution in the Republican Party and drive out the old guard and bring in new people liked trump, and they basically succeeded in doing that. I think what bannon sees himself in doing is formalizing that victory by taking a powerful role in the white house so he can help a President Trump realize the vision for a different kind of governing and agenda than anythin
In the next three to six months from opecs new secretarygeneral to the potential for more supply disruptions. We will look into the major Market Drivers for crude. In two hours. G stocks are down. Reversing those gains we saw the last couple of days. My right now, we are paring most losses that we saw out of the payroll jobs number that we saw earlier this morning. Lets take a look at the snapshot of where we stand. The nasdaq is down the most,. 7 . The dow,. 3 there. The s p intraday, we can see right out of the gate after the payrolls came out way worse than expected, we saw the big drop in big drops plunge and this plunge at 10 00. We are paring some of that and off the session lows, but still down about. 4 . I want to show you whats been happening in terms of the sectors for the s p in terms of volume. The falls weve been seeing throughout the day have been coming mostly from this blue bar chart. This is the financial sector. 65 in terms of the volume against the 20 day average acc
The countries failed to take a stand against china over the weekend because they could not reach an agreement. Global news 24 hours a powered by more than 2600 journalists and analysts in more than 100 20 countries. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. To be a hitiphone and apple is enjoying a pop, but china sales continue to slump. How does it impact tim cooks strategies . Plunging after hours. We will break down the numbers. And a Chinese Company is known as the apple am a tesla, netflix of china and is now buying a u. S. Company for 2 billion. We will hear from executives later this hour. Apple shares gaining afterhours with a sales slowdown that was not quite as bad as expected. Backtobackfirst Quarterly Sales declined since 2002 but actual iphone unit Sales Beat Estimates coming in at 44. 4 million. I spoke to the apple cfo who to a mix oft companies developed in emerging markets, something tim cook just reiterated on the earni
Look at the s p 500 over the see seven days, we will again, not much changed, only a. 1 move. Only midcap stockse performed better go. The small caps a little lower, but the midcaps are higher by 3 . We have allegheny technologies, with demandker from aerospace contractors. Crane also Beat Estimates and raised its forecast for the full year as well. Fallingtexas roadhouse after jefferies says we have reached the top in the restaurant cycle. Cadence missed estimates. Its also worth mentioning whats going on in the bond market today. Fiveyear notes, 34 billion worth, showing the weakest demand going back to 2009. This decline in yields weve been seeing is starting to have an effect. , a bit of action turnaround. Popave seen the yields go and a bit of an extension of that after 1 00 p. M. An increasing trend recently and something to Pay Attention to. Vonnie a theme for the week. Lets get a check on the first word news this afternoon. President obama will be hitting the campaign trail thi