1948 un declaration of human rights so education should be one of the global Success Stories and yet theres a widening gap between education standards across the world children in developing countries are around 100 years behind those of industrialized nations. So why is that while many children in developing countries have to work outside of school. And Armed Conflicts comparable to them from attending school regularly. In wealthier countries young people typically attend school for an average of 12 years in developing countries for just 6 and a half years. And there are differences within industrialized nations themselves to a childs back. Grounds too often determines that success at School Poverty can be a huge obstacle when it comes to gaining a good education those who can often spend a lot of money on their kids schooling parents spend around 90000000000 euros worldwide on extra coaching every year d partly because theyre afraid their kids wont otherwise make the grade and so the
Trade talks in october and some disappointing data here at home. Home price growth loses momentum Consumer Confidence numbers fall sharply. We are covering all angles of the market and developments out of washington with bob pisani, eamon javers, and ylan mui, also standing by. First, lets bring in steve grasso from Stuart Frankel hes joining us for the entire final hour of trade. What do you make of the price action around these headlines around impeachment i think its what you said, it was the u. N. Presentation and then it led to a little harder stance on china and it went from there to the impeachment hearings or the impeachment process. And then when President Trump said hes going to release the transcripts, the market rallied. Because how incriminating could it be if they were going to release it, right right, they thought there was a smoking gun issue that was going to arise, so if he was going to release it, maybe that wasnt the case, and were back to the impeachment process ag
It really is a mixed picture here the dow is up 49 points, so well off the highs of the session the s p is down fractionally right now, but keep in mind, we are still in striking distance of a potential record close. So the next hour is going to be one to watch closely joining us for that hour is Michelle Mckinnon from Payne Capital management here at post 9. Welcome. Thank you what do you think of this market here . Were poised for gains for the week for all the major averages, but the russell 2000 and the transportation average are both up 5 , week to date. And so are the banks, like you mentioned. What im really looking at is the bond market. We started the tenyear treasury at 1. 55 for the week and now were up to 1. 88 and the longterm treasury are down 5 for the week thats basically two years worth of coupon that you lost. Wow do you think thats going to speak bond holders, that it could go worse than that or not . You know, i absolutely think rates look like theyre going higher h
Im looking forward to talk about the fed and joe biden in one breathe. Maria exactly. Your reaction, markets, i guess jon markets were very disappoint and happened to jay powell several times where hes not doveish as the market expected. Everyone is talking how the stock market reacted, watch the dollar, the dollar is getting a lot stronger, that will be a political problem for jay powell, President Trump does not like seeing the stronger dollar. Maria youre also going to see cut into earnings, multinationals who will be blaming the stronger dollar on weak guidance and weaker than expected performances. In a world with trade is unkern. We will uncertain. We will talk about that. Remember when every president wanted a strong dollar, they wanted a strong dollar from reagan on. Maria they said they did. The president s economic adviser was always in favor of strong dollar. People are giving you money, you must be doing well, so trade deficits where people are giving you money and i love a
Were live on the scene. Deadly winds tearing through the northeast and the new Cross Country storm on the move. Sam is tracking it all. Tik tok blocked. The push for a ban an the new push back on congress. 90 of sales are through tik tok. Wed lose all our customers. With millions of businesses on the line, and why lawmakers on both sides of the law warn the popular app cannot be trusted. Royal photo scandal. Princess kate seen for First Time Since admitting she edited the picture with her kids as questions grow about the future queen. One on one with Jenifer Lewis. The actress and comedienne revealing a harrowing experience. Nothing would move. So i laid there. I said, move your body, baby. Come on. What happened on her trip of a life time . Is your car spying on you . Could it drive your insurance rates higher . Plus the big change coming to air bnb concerning surveillance cameras. Soundtrack of the 80s. Now ive got you in my sights with these hungry eyes celebrating eric carmen, the