3 years ago this week you and i met tom hartman pass me the baton and i became your big picture host and on that very 1st show we asked are we really that angry our guests were Steve Malzberg now your outspoken in the press host here on r t america and Michael Harrison publisher of talkers magazine the trade publication of talk radio and podcasters and bloggers and michael himself is a talker he hosts the Michael Harrison rap f. M. In washington d. C. And other stations across the usa and as we conduct. This conversation i want to define terms in this context when we say talk radio were talking about the format caricature were not talking about public radio were not talking about sports talk were not talking about our pal dave grave line who comes on once in a while who talks tech on radio the ask the expert show were talking about political talk radio and michael that said is talk radio 1st and foremost entertainment. What a question it depends on the mood of the host and it depends o
Split. Well tell you why invesetors ae piling in today. Energy companies have shut in production we have the latest on the impact of tropical storms marco and laura. Power lunch starts right now thank you, tyler as you mentioned its shaping up to be another record breaking week on wall street. That means even more evidence mounting that stocks are getting pretty expensive bob is following the markets for us bob. Yes it is. Right now we have very light summer volume. We have fairly narrow trading range today. I like what i see and i like what i see for one particular reason for once its not all about Technology Stock it started out that way at the open but it quickly changed and investers decided maybe the tech stocks are too pricey afterall today were seeing Energy Stocks bank stocks out performing, even industrials out performing the Technology Sec tore. Thats a big change of pace for the last couple of weeks i want to show you something to give you an example of how it changed. Apple
The brewing giant refuses to offer guidance for next year the pace of recovery, as you point out is uncertain and is very local infin yan shares jump as they point to a recovery in the chip maker. The outlook is improving within automotive, we have seen recovery. Also korea we expect that the worst is behind us. The threeway deal, President Trump says the u. S. Treasury should be paid a substantial amount of money for facilitating the part of the bid of the chinese app tiktok i think maybe a deal is going to be made it is a great asset but not in the United States unless they have the approval of the United States a very warm welcome to street signs. Lets get right to the Market Action trading has been under way about 60 minutes and has been a very turbulent hour currently about 25 basis points below the flat line. We have crossed into and out of positive territory the results front, some companies actually offering a fairly optimistic recovery on the outlook. Getting investors confide
Learn from one another and Work Together for a Better Future for. Many cars do you all for tuning in come now for go. On t w. Is the 2nd wave already crashing in fresh outbreaks of the coronavirus in china and the us have markets on edge we go to new york for more. The u. S. China trade dispute is alive and kicking it started exactly 2 years ago we talked to the w t o to find out if theres a winner yet. And European Countries are lifting their cross border lockdowns on monday germany lifted its travel ban on the e. U. Countries but will it be enough to save the banks which tourists act as Summer Travel season. Welcome to do that the business i want to get jones and berlin good to have you with us fears of a 2nd wave of covert 19 infections rocked World Markets today china reintroduced restrictions in some areas and undertook a massive test and Trace Initiative following a covert 1000 outbreak linked to a wholesale food market in beijing and use added to an ease about higher corona viru
A massive test and Trace Initiative following a covert 1000 outbreak linked to a wholesale food market in beijing and used added to an isa about higher coronavirus cases in the us the governor of new york warning citizens about the dangers of losing sight of the virus. And fighting the coronavirus pandemic isnt the only problem for the Global Economy as also the u. S. China trade war it started exactly 2 years ago and its still ongoing. But there was surprise of the it may sometimes seem like it but the u. S. China trade war its not the one. Sitting opposite donald trump theres another president brimming with selfconfidence whos determined to make china the worlds economic powerhouse by 2025 but the usa remains in xi jinping is way. The power struggle is sending shock waves around the world with Global Companies caught between the 2 battling giants is what c. E. O. Of Germanys Siemens joe kayser recently told t w so the United States is the number 2 everybodys sort of those well china