apple. be that as it may, the s&p is falling for the fifth straight day. again it is on track for its biggest loss since going back to december. the 10-year note, which is a good barometer how people are feeling, if you are nervous, park your money in notes and bonds, people are doing that, these are the lowest yields in the better part of three years. we re keeping an eye on that, keeping an eye on other things we re waiting for. president might comment on that or all the above. he wants to up the trade ante. the latest besides affecting tariffs virtually on everything we get with china, he is talking increasingly now it starts at 10% with the remaining goods. it could go up still further. as stuart was pointing out. a lot of other goods and services we re talking aabout could easily ratchet and move in different directions. we ll keep an eye on that. also keep an eye on what has been happening on the precious metals front. gold, for example, getting a lot of buying interest
2019. ongoing data out of the likes of china, germany, italy, france, things are slowing down t suddenly moved to the front of the list to worry about. whether that is justified or not, turn a down year into a positive year, with little more than a couple weeks ago, let s ask market watchers lindsey bell, and scott shellady. what is the read there that the markets getting ahead of themselves or adequately reflectings latest concerns about a slowdown? the concerns about a slowdown. everything you mentioned there, nothing has been a surprise. the markets are taking it suddenly we have this sentiment change where everything is a surprise. but it is not. nothing changed since october the 1st except for the sentiment that is the problem. we gone from the overnight trade i m a further time zone ahead of you, we used to see the market down 50 or 60 dow points rally in the u.s., finish higher, we re up 50 or 60 overnight but as we get closer to the open, we sell off before the open
sued to be blocked by the justice department s antitrust division, having an affect on corporate america and pending deals. including our own attempts to sell assets, what it would mean in terms of antitrust, all those deals right now are being recalculated and looked at. whether these if the justice department is not allowing this one to go through, everyone thought it was a slamdunk from antitrust stand point. would they allow disney to buy fox s studios. they would control s large portion of box office. and comcast to buy content. will thig they allow verizon toy our content, because they have distribution. it looks like the justice department is taking another view of the antitrust. another aspect. crazy political cob, donald trump as candidate one said he wanted a spinoff of cnn if this deal of the going through, he said it was too much construction of power, people thought it was a idle threat, but senior aides were actually discussing this topic. by current senior
video content distribution have a competitive concern make at&t less inclined to pursue joint ventures or future any kind of future ventures with content companies on mobile? i would suggest to you that this lawsuit has the whole world questioning what they will, can, and cannot do. this throws a huge degree of uncertainty to anybody contemplating joint eternities, anybody contemplating. and that s one of the key concerns about this is to take suddenly without any notice and just upturn 50 years of precedent on a transaction like this could have nothing but a freezing effect on commerce in general. so i think that is the significance of this lawsuit that s been draught brought by the department of jut of. so with that, again, we appreciate everybody participating and joining us and thank you, again. good evening i m charles payne. breaking tonight, at&t fighting back. this after the department of justice announced that it will sue to stop the at&t merger with time warne
if you are here in the room, raise your hand and we will get you a microphone. if you are listening on the thenrence, just press star one. if you are listening or watching on the web classed webcast, click the ask a question but very with us is randall stephenson, the chairman and ceo of at&t, david mcafee, at&t general counsel, and a partner and our lead trial counsel for at&t and time warner. randall? thank you and good evening. i appreciate everybody coming on short notice. what you are going to hear it are comments from our legal team. i want to make a few points. obviously, we are surprised to be here. candidly, i am a bit troubled. jeff and i entered into this deal with decades of clear legal president demonstrating how this merger would be evaluated. when we announced this deal, the best legal minds in this country agreed that this transaction would be approved since our company do not compete. but, here we are. the government has filed a it stretches the very re