Street stocks set to open at new records once again the stock market just hit another all time in history high, meaning 401 k s and jobs everybodys getting rich and im working my off. Shares of deere sliding, ahead of the open. Issuing a profit warning for fiscal 2020 as trade tensions persist. The toys r us come back, after shuttering all the stores, the new Companies First toy store set to open in new jersey this morning as stocks look to set some new records on optimism about trade, Economic Data today is also in the mix. 3q revised up. Business investment up 1. 2 proxy for investment, that was not a good number last month making up for it now. In tune with what the market has been trying to say, which is that we had this soft patch, were pulling out of it, i think there is a real willingness by the market by investors to look through any near term kind of softness in the incoming numbers because they feel as if we kind of escaped the greatest risk i think these numbers would confir
Director and get his take on democratic impeachment efforts as well. The rise of the robots. Nobody denies consequence, but what about the jobs, guest and essence of human life . We have a special segment you wont want to miss. The winners and losers of this week. That and more on making money. Charles new changes too the snap program formerly known as the Food Stamp Program will have work requirements. They are raising a lot of concerns how effective the Government Assistance Program will be if there is another economic downturn. The Trump Administration tightening requirements who receives food aid. The outrage is building. Some headlines out there today. Americans in cold weather states will suffer. 3 Million People could lose food stamps. Another actually calling it immoral and coldhearted. Here to break down the new plan is White House Budget Office acting director russ vought. Thank you for having me charles. Charles media says this is heartless and and cruel to the most vulnerab
Employment report for november can we break the recent trend of slowing growth but we start with tesla, a boost after hours after Morgan Stanley prays raised price target on the stock from 440 to eye, sr. 500. 50 higheren than where it ended on the day pb guy what do you make of it. Adam john as i dont know this to be the case but read going now. I think he is saying the bull case, the price target he raises from 450 to 500. But i dont think he is changing the current price target i guess it doesnt matter. The bottom line is this. He says the potential surge and sentiment through the first half of 2020, the 500 is doable. But im not certain they are changing the price target. With that said its a stock you have to trade. Ill say it gwen, the move from basically 275 to 325, 330 in a Straight Line in october i think we have to revisit that. Rarely do you see a stock have a day move like that and not revisit at. You mean trade it rather than. Absolutely. Rather than own it. 100 . And the
Volatility . Time now for global exchange, where we bring you todays market moving news from all around the world. From london to frankfurt, beijing to hong kong, bloomberg voices are on the ground with this mornings top stories. Want to start in hong kong, where the high court is set to allow the government to reinstate a law banning protesters from wearing facemasks. Earlier in the week, the court ruled this very law unconstitutional. Or Bloomberg China editor leigh joins us on the phone. Came after chief executive carrie lam imposed this mask ban last month by invoking a colonial area Emergency Powers for the first time in a halfcentury. The court struck it down earlier this week and said it was unconstitutional. It has been flouted by protesters who continue to wear masks to shield their identities from police. This comes ahead of sundays district elections here. They are not only a lowkey offense come up at time they are happening after more than five months of protests and a coup
Others to be typical americans, somehow, but they are not a majority of the population. They need more in order to win. The Democratic Party has always been a coalition of out groups, people who are supposed sometimes not to be typical americans but who together when they hold together can be a majority. Of course they dont always hold together, and we get fights within the Democratic Party. And that dynamic has continued even as the composition of the republicans core constituency and of the groups in the Democratic Coalition have chang changed. These were very old Political Parties, Democratic Party formed in 1832 to reelect Andrew Jackson. They succeeded in doing hah. The Republican Party formed in 1854 to oppose the kansas nebraska act of slavery and the territories, they succeeded on that, within a decade or so. But they have continued ever since. And you beginning in your introduction basically going back to election day 2016, you write, quote, panic is a poor guy to reality. The