One. Bloomberg businessweeks editor joel weber is here. What a fascinating read. It was not what we were expecting. Joel no, this was the culmination of a yearlong project, with a writer who was going to travel around the world and wanted to come to us with something special. So we wanted to come up with an amazing idea to hear from laborers, workingclass people who most of us would never hear from. Carol what is fascinating is that it is a global story that took a lot of time and a lot of reporters and translators. Joel so basically, as she went around the world, she would look for people that she thought would embody the spirit of the local community. The beauty of this work is that it captures their voice. We hear from them directly in their voice. So it is not reporting in the traditional sense, it is more of as a told to, being told to the mark and you get to hear from people working in amazon factories in europe as a syrian refugee, or in electronics in asia. There are cogs in th
The same this year what were hoping for, as you go into 2020, is that perhaps 5g starts to be a catalyst for the shares, but youve got to get through the cycle first. What happened to the last half year we spent talking about how services and wearables will make up for whatever weakness there may be in the classic cycle . Yeah, and that hasnt been our call and the problem with the services is that its just too small as a percentage of the total. So services, as one of the examples, you would have to add, for the video service, about the equivalent of ten netflix to offset what the loss you know, the decline in revenue from iphone over the last year so it just gives you a sense of large numbers, because iphone is so large that puts a little context around it. Mike, i mean, apple is trading lower today, but so are the other f. A. A. N. G. Names, as well is this one of those scenarios where we need to be talking about more about the impact that f. A. A. N. G. Has on the Broader Market to
The Halftime Report with scott wapner begins right now. Welcome, good to have you with you on a monday joe terranova, we have the chief Investment Officer and adam parker, ceo, and we begin be the markets. The stocks under pressure this hour follow through perhaps from worries that the strong jobs report may keep the fed from keeping Interest Rates as much as some hoped. Throw in some bignamed downgrades and big picture, joe, okay, we said Morgan Stanley, okay, they have been negative no big shock right . Mike wilson sat on this desk and you have got his view. Now they say theyre putting their money where they their mouth is lowest level in five years big reason lower returns. Al plain and simple. Right call or not . I disagree with the call. Disagree with the call because im not certain first of all, Morgan Stanley as a Wealth Management company, im surprised theyre not giving you where are you going with this capital. I dont want to put it in cash, im not emerging market bonds and In
Been paying close attention to violence in the tenderloin. These images show urban alchemy worker darnell houston firing a gun near hyde in golden gate. He was charged in federal court and got probation after arguing it was self defense. Defense have more more power when it comes to things like like, you know, ammunition and guns and things that they can do and make happen. Now, the sfpd is investigating this case with the help of those recovered shell casing. Its quite possible the feds could get involved, assuming the gun or ammo was made outside california and they link the evidence to a suspect mike. All right. Henry lee live tonight there in the newsroom. Henry, thank you. This is a very shocking and tragic incident that we are investigating now. San jose police are searching for at least one suspect wanted in connection with a double homicide. We first told you about this story on friday when the victims bodies were found in an apartment on park moore avenue, ktvu, south bay repo
A broader index issuing where those declines are coming from. About 1 down on the day. Lets target mike lets take a look at macro markets. Bonds also getting an interesting set of movements. Week 10 year yield up to a 10 basis point move. About one basis point now. About five basis point move earlier. Just under the 4. 70 level. Marcus tried to figure themselves out. New york crude back down below 85 on the day. About a 1. 1 move higher would not give me long, that story has been a little higher and is complicated the question about what inflation looks like ahead. Between higher rates and more regulation, there is a question if corporations can keep putting money to work as they have been. Volume for First Quarterly many announcement, 70 higher than the same period last year. Borrowing costs have been expected to drop interest rates. Mark mcmaster is with me. It is interesting because you did see for a while borrowing costs below higher, really impacting a lot of markets. It shook off