Hitting Corporate America as a number of retailers step forward to take a harder look on sales and safety and an epic upset in queens as Roger Federer is going home early from the u. S. Open. It is wednesday, september 4th and Worldwide Exchange begins right now. Good morning, good afternoon, good evening, and welcome from where ever in the world you may be watching. Thanks for joining us. Well get to all that we just referenced in a moment but first, new video coming in from overnight in the bahamas. Its difficult to watch. These are the first scenes from Hurricane Dorian you can see the storm leaving a trail of destruction unlike anything that anybody has seen in a long time if ever nearly every structure on many of the islands is either gone or severely damaged with new concerns over the availability of drinking water, food and the basic needs of the people that live there dorian is still a major dangerous storm and its now heading to the florida coast and there is its current path.
What are we doing . Interesting but smart leading the feds beige book. Leading with beige. Check in on regional economies is telling two very different stories. How we are adjusting to the trade war. On one hand the beige book highlighting a retail chain that raised prices on furniture but is considering reversing the price hike because consumers arent buying it meantime, in cleveland manufacturers are feeling the pain by cutting overtime pay rather than laying off workers things looking up in philadelphia and new york. This is like a choose your own adventure book choose your own beige book. Are you allowed to do that . Is the economy headed down the path of new york and cleveland or are we Holding Strong like philadelphia and minneapolis . Gia dam uy adami. Ill be optimistic. Things look okay, not great. Thats reasonable. I think that along with the news out of hong kong where things have been tapered down for a couple of days, thats encouraging. The market is up 3 4 of a percent, 8
Booed Jerry Seinfeld the answer is yes they will want to contrast trump rallies 80 100000 people at the jersey shore beau biden addresses superrich donors on the west coast, the media missed the historic significance of a mass rally in a blue state, trump says hes going to win new jersey which hasnt voted for republican candidate in a president ial reaction in dec decades. Lets get to the markets, we are seeing a little green for st stocks, the dow up 80, the nasdaq up 64, good start to the week Interest Rates are holding steady, the ten year treasury yield right around 4. 5 , but below that for 47 and the two year at 484, bitcoin 62000 is there now, 627, gold down a little, 2353 per ounce its down 20 today. Oil close to 80 but not quite there, 7885, gas, 361 is average for regular, 392 is average for diesel, politics, pull from the New York Times setting the alarm bales ringing in the white house, despite biden spending millions on ads and trump leads five or six key swing states. The
Amazon and a white shoe wall street firm with a noteworthy winning streak im melissa lee, coming to you live from studio b at the nasdaq on the desk tonight tim seymour, carter worth, guy adami, and danny moses stocks in the green with the dow jumping more than 330 points, extending its longest winning streak of the year to seven days the s p and nasdaq closing near their highs of the day markets are in a wait and see period cpi next week, nvidia earnings towards the end of the month so, while we wait for these potential catalysts, we thought it might be a good time to ask the traders what they see as their high eest conviction trad. Guy . Exciting time, guy. I was hoping baited breath stop it come on what is it going to be . That means the one i feel most strongly about. Yes, exactly. Gdx, melms. Why pull up a chart finally, the gold mining stocks are catching up to the underlying commodity, that, obviously, being gold. And gold has been under pressure until today, but you know what,
As a Public Service by americas Cable Television companies and is brought to you today by your cable or satellite providers. Now on book tv we are live with bestselling author Michael Lewis. Mister lewis has written many books including liars poker, moneyball, the big short and most recently the undoing project, a friendship that changed our minds. Michael lewis, you are the author of more than a dozen bestselling books, what makes a good story in your mind, what do you look for . There is no formula. The question you just asked me, ive never really asked myself exactly. What lead me to want to write a book, you have to have a level of passion about it. Itsfinding usually, what it is , its finding an interesting person in an interesting situation that will allow me to work in an interesting idea. B. I feel like i just had to do this if i dont do it wont get done and it should be done because the story should be dealt with. In terms of like you asked me to go to lack a class of Journali