The german tenyear 32 basis points. What is that going to do at the end of the day if they rethink that inflation target . David and what does it mean . Peggy collins pointed out the u. S. Is taking a look at the same thing because Central Banks are saying we had this to ,rcent, it is not this 2 it is not working out. Do we have to take a different approach . Phillip morris the latest earnings coming out. It really highlights those that can take this environment and deliver to boost their forecast, and those that just cant and dont have the Pricing Power like netflix. David then you have honeywell somewhere in between. It beat on earningspershare, a little soft on revenue. It does seem to be weathering the storm of trade uncertainty at the moment. Alix in the market, lets look at how that push and pull is playing out. Netflix well off the lows of the session. Eurodollar taking a steep leg lower on the news about that reflation rethink that inflation rethink by the ecb. Money flowing in
European equities, up by 8 slaegts 10 off a percent we had pretty Good Movement over it had it last 24 hours because off powells testimony 1. 60 we were over 190 10year note, 2. 056 if youre planning your day its time for the crosswalk flan aer for try to pace yourself and this is right at the it very beginning of your day because youd do vp oorks and later in your day, im watching washington do the same stang and hell not see you. How were going to get numbers from Delta Airlines. After the close. You also have to be aware of ho, thats right im eves dropping youre down to five, are you not . As sooner as the numbers are out, ill give you a free cnbc envelope did you see that engine yesterday with video kw the thingroiding around in the it did. I just saw people complaining they didnt feel like they andaus compensated enough for it sglrts then you would do if you saw that it fer and if you saw nangen come across on a flight i would mang. Ohow would you notify somebody theres not enough
It really is way to early on this monday on august 21st. Im Katty Kay On August 21st in for jonathan lemire. We begin with the Tropical Storm pummeling Southern California. Hilary is already smashing records for rainfall across california with some parts of the State Reporting nearly 3 inches of rain yesterday. In addition to the Tropical Storm, Southern California residents also experienced a 5. 1 magnitude earthquake yesterday. Officials are reporting it did not cause serious damage, but it did produce several aftershocks. In response to hilary, governor gavin newsom declared a State Of Emergency. Hilary is the first Tropical Storm to hit Southern California in 84 years, almost a century. Turning to politics and new polling shows Donald Trumps hold on the Republican Base is as strong as ever. In a yougov survey, trump leads ron desantis, 62 to 16 . In third place is entrepreneur Vivek Ramaswamy. Hes at 7 . All the other candidates at 5 or less. Among them, the poll shows they trust t
Hurricane status. The National Hurricane center said the storm will likely cause catastrophic and lifethreatening flooding in the region. And in parts of the southwest United States through monday. Southern california its already impacting millions of people there. To make matters worse a 5. 1 magnitude earthquake also in Southern California earlier today. As of now there have not been any reports of damage or injuries. In historic rainfall and reports of flooding and Power Outages are already happening in the area. Like you see here in palm springs, california. According to the National Weather service the city has seen 2. 6 inches of rain since midnight in record high for the date. Mexico seen the worst flooding so far in places like santa rosa liana, one person drowned yesterday with his vehicle when it was swept away. Storms expected to be the first Tropical Storm in Southern California and 84 years. Were gonna be following all that for you and bring you updates if we have them thr
Our plan is working. America is coming back. Just put me back in office. Well get it done. Martha President Biden and donald trump clinched their parties nominations as trump makes new inflammatory remarks. Its going to be a blood bath for the country. Martha house intelligence chair mike turner responds, and our conversation with those socalled double haters, voters unhappy with both candidates. I dont think any of us should continue to have this choice of the lesser of two evils. Martha ticking clock. This bill therefore forces tiktok to break up with the Chinese Communist party. Martha the house overwhelmingly passes a bill that could ban tiktok in the u. S. As content creators fight to save it. Members of the house of representatives are so out of touch. Martha whats at stake for National Security and whats next for the wildly popular app. Well ask Silicon Valley congressman ro khanna who opposed the bill. And sharp rebuke. Prime minister netanyahu has lost his way. Martha Senate M