Warrick dunn will join us to talk about his years long fight against racial inequality and how the league is addressing it now. Power lunch starts right now stocks have given up their rebound sdwrurjust turning nega from moments ago you can see were just slightly on the negative side. Essentially, the transimportapo still up thats good news banks were much stronger earlier. Flatti istish ow. Energy has gone negative big movers for the reopenings. All now on flat on the day el tell you why today is important. Were conditioned to buy the dip. Buy the dip worked very well in march. Remember, very rare to have the s p down 5 on a day it happened yesterday down 6 . Buy the dip worked well in march and april and may. The question is will it work now. Take a look at some of the stocks the airline, some of them holding up all right united been talking about all week the crazy moves thats ahead but its holding up pretty well these crazy moves here but its still up off of the lows marathon banks
This as the president S National Security team faces a new shakeup. Murder in rome. What were learning this morning about those two American Teens accused of killing a roman Police Officer. That image of one of the suspects blindfolded in police custody. What police say he told them as one of their fathers speaks out. The crash landing caught on camera. This plane spiraling out of control right after takeoff slamming into a michigan lake. Two people on board. The Good Samaritans who raced to save them. And the duchess big debut, meghan taking on the September Issue of British Vogue guest editing the landmark issue. Were taking you behind the odi am afraid we have to start with sad news. That deadly shooting overnight at a Food Festival in northern california. Families were enjoying the final night of the annual event when shots rang out. It is just awful. The scene quickly turning to chaos. What we know right now, at least three people were killed and 15 injured when a gunman dressed i
System and, of course, in china as well. I think what it means also is that amongst all of the various imbalances in the economy in china right now, the Property Sector might be the weight on the economy that lasts the longest simply because it is going to be such a slow slog in terms of restructuring this debt. We have seen pictures of unfinished buildings, families and even sometimes having to squat in those buildings because they cannot afford to pay the rent and pay their mortgage on these properties. What can china do to try to boost this up . Somehow the key to this issue right now is to complete Unfinished Projects because this will at least keep some of the financing flowing. As you mentioned, many, many projects are presold and the households that buy those properties, they make Mortgage Payments even if they are not able to take delivery of the product but as construction has come to a halt, they stop making those and that means no Income Accruing to the Property Developer th
Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in the quarter that ended in june were watching shares of cava this morning sharply higher the mediterranean restaurant chain reporting earnings per share of 21 cents since going public swinging to profitability from a net loss in a year ago quarter. Revenue of 173 million Beat Estimates of 163 million. Same store sales rose 18. 2 . The cfo attributing some of the strong traffic to increased Brand Awar
Through the us legal system and of course in china as well. I think what it means also is that amongst all of the various imbalances in the economy in china right now, the property sector might be the weight on the economy that lasts the longest simply because it is going to be such a slow slog in terms of restructuring of this debt. We have seen pictures of unfinished buildings, families and even sometimes having to squat in those buildings because they cannot afford to pay the rent and pay their mortgage on these properties. What can china do to try to boost this up . Somehow the key to this issue right now is to complete Unfinished Projects because this will at least keep some of the financing flowing. As you mentioned, the many, many projects are presold and the households that buy those properties they make Mortgage Payments even if they are not able to take delivery of the product but as construction has come to a halt, they stop making those and that means no Income Accruing to