Matters to the markets an your money. Forget trump and xi and china. A new trade war just started well tell you what it is on this wednesday october 2 as Worldwide Exchange begins right now. Good morning, good after, good evening wherever in the world you are watching maybe you are in australia, the home country of acdc if you live around here, this is a scene in new york. It is dark get ready. It is going to be hot. Right now, it is 5 00 in the morning. It is already 73 degrees it is going to hit 89 or 90 degrees. There is your weather hit. Our first ever lets see how the markets are coming off of yesterdays decidedly cold drop. Not only did we fall, we gave up all of our gains from the Third Quarter in a single day. Futures, as you can see, they are down dow futures are off 139 points right now. Remember something about october. October gets a bad rep it is known as a volatile month and one of the worse per forthiformin months of the year the last few years, october has been relative
Decline. Biggest drop since 2009. A real freeze that has hit the manufacturing economy. Thats right. The lowest ism reading this is a kind of this 340 versus last month survey sometimes market moves are inscrutable. Yesterday, markets were up clearly just challenged this idea that the u. S. Economy was resilient enough we are constandly talking about increasing recession fears. Suddenly this data point comes along. The consumer, in 2019, are we dependent on manufacturing to the extent we used to be no. Not even close it is a great swing factor it doesnt go down that much but it also accelerates that much. You take a look at treasury yields yesterday as soon as this number hit 0 years at 2. 089 . We were above 1. 7 on the 10year yesterday. That shows you the market is saying, okay, the fed is likely to give another cut in october not a sure thing probability right now. The october adp report will be released at 8 15 eastern. Reportedly added 120,000 private sector jobs last month johnso
The settlement is completely liberated. It was a powerful defensive unit in the sssu, which was developed for many years. It was possible to knock out the enemy from there as a result of difficult battles. However, the task was completed much faster than military analysts believed and , moreover, it took much less time than in the case of artyomovsky. The militants suffered serious losses, many, including terrorist unit azov were captured. Only a few scattered ukrainian formations managed to escape, abandoning them. Weapons and military equipment. Vladimir putin congratulated the Russian Military on the capture of avdiyevka. The head of state sent a telegram to colonel general andrei mordvichev, under whose command the operation was carried out. The president separately noted each formation that contributed to this victory. Today, the center group of troops, developing the offensive, completely captured the city of avdiivka, donetsk peoples republic republic. The formations distinguish
The settlement is completely liberated. It was a powerful defensive unit in the sssu, which was developed for many years. It was possible to knock out the enemy from there as a result of difficult battles. However, the task was completed much faster than military analysts believed and , moreover, it took much less time than in the case of artyomovsky. The militants suffered serious losses, many, including terrorist unit azov were captured. Only a few scattered ukrainian formations managed to escape, abandoning them. Weapons and military equipment. Vladimir putin congratulated the Russian Military on the capture of avdiyevka. The head of state sent a telegram to colonel general andrei mordvichev, under whose command the operation was carried out. The president separately noted each formation that contributed to this victory. Today, the center group of troops, developing the offensive, completely captured the city of avdiivka, donetsk peoples republic republic. The formations distinguish
The settlement is completely liberated. It was a powerful defensive unit in the sssu, which was developed for many years. It was possible to knock out the enemy from there as a result of difficult battles. However, the task was completed much faster than military analysts believed and , moreover, it took much less time than in the case of artyomovsky. The militants suffered serious losses, many, including terrorist unit azov were captured. Only a few scattered ukrainian formations managed to escape, abandoning them. Weapons and military equipment. Vladimir putin congratulated the Russian Military on the capture of avdiyevka. The head of state sent a telegram to colonel general andrei mordvichev, under whose command the operation was carried out. The president separately noted each formation that contributed to this victory. Today, the center group of troops, developing the offensive, completely captured the city of avdiivka, donetsk peoples republic republic. The formations distinguish