Two or three hours ago. The vix comes in from 44 to 41. There is a whole idea of an expanding pandemic all the throughout multiple geographies. There is optimism with Research Houses reaffirming some form of vshaped recovery. It is the oddest monday i can remember. Francine it is a pretty odd monday, although i have to say i have had other odd mondays. Thats get to first word news with ritika gupta. Economyin china the keeps inching its way out of the coronavirus, less industrial output rose 4. 4 percent in may from a year earlier. At missed estimates, and consumer demand is sluggish. Retail sales declined more than expected. So did fixed asset investments. The white house top economic advisers rejecting a more cautious outlook for the economy. Larry kudlow says the chancellor will be the chance will be for a vshaped recovery. He told cnn the Unemployment Rate will fall and 2021 will be another solid year. Kudlow also said the 600 a week on his payments made some americans will end jul
He has a Foreign Policy speech, can he stay on message . If he does, could he gain ground on hillary who has some potential liabilities ahead. Congress about to get its hands on her fbi testimony. The dnc hack could reveal some damaging information, and her husband, the former president , is he a liability on the trail . Well, to the markets, green arrows, what else, to start the week. The dow, s p and nasdaq all in record territory. Big day for your money and we are all over it. Of course, Varney Company about to begin. Trying to insight chaos, threatening institutions we have, police are a government institution. We stand on the front lines of order and liberty. They want to attack order and liberty and after the chaos last night trying to incite chaos. That was Milwaukee County sheriff david clark talking about the two nights of violence in the city of milwaukee. He will be joining us again next hour, but emack, what exactly happened to trigger all of this liz so Sylville Smith had
Tell you about it. Alive garden ramps up sales hope to go draw in more customers and markets this morning, well, we are looking at more decline, the Dow Jones Industrial average open at 100 points after yesterdays pretty good rally. Investors trying to figure out what fed will do. We will bring you all the talk. In Europe Markets off of the lows of the day, you can see, we are looking at fractional moves higher, that was a complete reversal. Best performer there. 39 points higher n. Asia overnight, stocks little change as you will see. The big performer almost half a percent up in kospi index. Check out the price of oil down better than 2 . The International Agency lowering demand on task with oil prices at 45. And a true scary moment for ryan lochte, two men storm the dance room with the stars debut. Joining me to talk about real clear politics Caitlin Burns is with us and brinian and republican strategist tony joining thus morning. Good to see you. Good morning, maria. Maria lots to
Welcome to countdown. It has just gone 6 00 here in london. Is at the heart of the eurozone problem is. News. The Global Financial leadership trying to turn passengers into conference in florida. The frank view on the risk the the backseat djs, uber is eurozone poses. Area is thehe euro keeping up teaming up with spotify. Biggest risk because i do not think the leaders have a true service will roll out vision how to cope with the problem. This month in 10 cities including london, new york and singapore. The consensus view is germany snapchat is collaborating with needs to step up and the Buddhist Bank needs to change Payment Companies were it allows bank ne buddhas users to send money to each other. Is feature called snap cash sbank needs to change snapchats second revenue their tune. Generating product. The side effect will push up the euro a little bit and that how much money has been recovered from bernie made offs has done damage to france and fraudulent Investment Firm italy, i th
European evaluations are more attractive. As soon as they get up, we will look for that hes at bloomberg. Com and get it on our twitter account we will look at that piece and get it on bloomberg. Com and get it on our twitter account. We spoke to the ceo, you see sales of dying but not as much as a market had anticipated. No turnaround for this year. Quarterly sales declined. Sales dropped by 1. 9 . The market thought 2. 6 . 150 Million Pounds invested in lvmh. We caught the with the ball gary and ceo will said 2015 has started well we caught up with the ball very and bulvarian ceo and he said 2015 has started well. It has been solid. They cannot rule out further revisions to the copper production from one of their biggest mining facilities in c hile. Those are the three individual names. Cars has not joined into this rally. Car registrations are up by 7 . Renault at 0. 08 . Autos are the stormers. 38 . The Industry Group that has led the stoxx 600. European car registrations are up 7