Reception. We do have a pretty full slate of program today, including three plenary sessions, six Breakout Sessions, the summit concludes this afternoon with what should be a very memorable discussion with most of our top Intelligence Agency leaders. As a reminder, we value your questions. I hope you saw several of your questions asked yesterday, and in particular, start thinking of your questions and get them and so we can get them up on stage. And again, if you see it up there, think will try to have a scrolling thing to remind you of the email address so please get your questions in. Yesterday, you heard a little bit about next weeks classified summit follow one day. Based on your feedback we brought the summit format last year by adding a classified follow one day this year declassified day takes place the week from today on thursday september 12, at nga east campus in springfield. Stacy, thanks again for hosting us out there. We are honored to have odni Deputy Director for Mission
Dow down 64, weve got the s p giving up all of its earlier gains, now lower by 3 points. Nasdaqs clinging to a a 5point gain where it had been up 129 points. Kind of losing some steam. Weve seen in the final hour where things can start getting juiced up once again. Lets look right now at what ises propelling the nasdaq. Its actually china stocks. They are grabbing the top spots on the composite led by netease. Look at that gain, up 5. 25 . The the lift comes on a report by bloomberg that beijing is considering relaxing rules that cap Foreign Investment in public companies. So maybe theyre starting to look like theyre going to be a little bit more propluck publiclytraded companies and not so restrictive. Coming up, famed International Investor mark mobius is going to join us live. He has warned viewers to dodge chinese stocks. Will todays news change his mind . Were going to ask him. Hes coming up at 3 30 p. M. Eastern time. No ree laxing or easing at the Federal Reserve at this hour af
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December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter from north of 3 , 3. 5 well say at the start of the quarter down to only 2. 6 . And i think theres a risk maybe that Consumer Spending which was the major Growth Engine in q2 could fire on a much softer level in the Third Quarter. Alix inventories. We saw it drop on the Second Quarter which is unheard of when youre not in a recession. When is the payback for that . That subtracted about 120 basis points off the headline growth figure. And the expectation was well, that will turn into a significa
We start in ukraine, where there are growing concerns another european Observer Team has been detained in the east of the country. The organization for security and cooperation in europe says it has lost all contact with team of four observers. This comes after a separate team of observers went missing on monday. It is believed they are being held by separatist rebels. Despite the volatile situation in eastern ukraine, the government in kiev says it is making progress towards regaining control. Fighting has left its mark in eastern ukraine. A mortar attack tore through the walls of this hospital friday morning. Kiev has vowed to press ahead with its military offensive until peace and order have been restored. Our military units have removed separatists from the southern and western parts of the donetsk region, as well as from northern parts of the region around luhansk. Europes top security watchdog, the osce, says prorussian militants abducted a second team of observers north of luhan