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Social media. On twitter, cspanwj. On facebook, it is facebook. Com cspan. A very good saturday morning to you. You can start calling it now. Having this conversation after a historic week when it comes to opioid litigation. On monday. T happened the drugmaker Johnson Johnson was found to be was on support for contributing to oklahomas Opioid Crisis and ordered by a Court District judge to pay 572 million in fines. On tuesday, Purdue Pharma was reported to be in talks to pay between 10 billion and 12 billion to settle some 2000 opioidrelated lawsuits brought by states, cities, and counties. This was the scene in that oklahoma courtroom when the judge announced his decision in that Johnson Johnson case. [video c ....
Considering that we are hitting at sitting at super low borgen drapes right now john deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the hea ....
Ever since 1071. 00 have always rallied following the fed rate cuts for an average of 6 months markets now currently anticipate a cut from the e. C. B. As deposit rate of at least 10 bits and a resumption of bond buying meanwhile mexico also joined the global easing tide and became the latest country to surprise with a rate cut the 1st in 5 years canada whose yield curve inverted by the most in nearly 2 decades is likely to cut next the bank of japan also announce that it will step in with further cuts and bond purchases in order to keep yields from sliding thailand also plans to step up with a 10000000000. 00 economic boost in order to hit their 3 percent growth and counter an economic slowdown so while markets are now enjoying a temporary reprieve getting a lift from government stimulus worldwide this is borrowed time a rate cut will not save us from recession but it can buy us time like a temporary steroids shot for the market as to. Radar is now price and a floor of negative indica ....
Market stampedes to the bond market. Huawei may be collateral damage. We hear from the companys chief market officer. Sophie Financial Markets taken for a ride on produced terror threats on top of reduced trade when it came to manufacturing pmi. 2 from gains the losses. Check out the dow weighed by. Tocks like nike u. S. Futures hinting at further losses earlier in the asia session. Switching the board to check in on treasuries, rally across the curve sending 10year yields not seen since investors are as boosting their fed easing bets. Of thatd a strength string of we get Economic Data yesterday with japan and south korea pmi in that contractionary territory. An addition, we had news out of hong kong that retail sales had its fifth straight monthly decline. Were also awaiting another slew of earnings from asia. Want to check on the yen here after that trade news. Trump twee ....