Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil david mcilvaine financial help us dig into the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity and news desert during those final few days of the year chinese vice premier and top negotiator leo ho will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has been released while the
Dragging this phase one out for a long time a signing ceremony translations legal scrubs more and more fluff trickling little bits of information every single day to give the markets an illusion of progress but is this thing actually going to get signed i mean multiple analysts have already came out and said that the benchmark exports set by the u. S. Are simply unfeasible as they have exceeded that of 2017 why would china agree to Something Like that. Well i think for the chinese its a question of gaining time for them this entire sauce started with the initiative of mr trump its political theater weve said for a long designed to make mr trump appear for his reelection bid as the protector of the United States making the charlie knees and for that matter everybody else in the world give the United States a better deal beating up on the foreigners for cheating thats as old as methuselah in the world of politics. Next and mr trump is trying it again the chinese know that that can hurt t
Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil David Mckelvey any of the National Media financial help us to get in the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity a news desert during those final few days of the year chinese vice premier and top negotiator leo will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has be
Agreements. I think this a bit more complicated the chinese understand that they get some real immediate advantages tariffs that were set to go into effect wont now thats been agreed to tariffs that were imposed in september are going to be either eliminated or removed its still true that half of what comes from china is subject roughly to a 25 percent tower of but thats less damaging then they would have had to live with if they hadnt made this deal and they know because theyve watched mr trump that whatever they saw him now and what ever the conditions are none of that matters a month from now let alone 3 or 6 compared to what mr trump will be calculating as to the advantage or disadvantage of finding the child. Hes wanting on the one and or finding them a partner to sign the deal with the other hell be watching the stock market to help him decide which way to go its going to be a continuous theater that we have to keep on watching i guess for the rest of point money is not going to
Despite all thats going avrnd e wants to reassure residents. Pg and e says much of the contaminated soil has been found deep under the ground. The toxins have been cancer causing chemicals that could be brought to the surface with more development. Well have more information from tonights meeting when abc7 news reports 11 00 p. M. There was some concern in the east bay over flaring at chevrons richmond refinery. This is what it looked like just before 4 30 this afternoon. You can see the flames there, chevron says it was an equipment malfunction. Developing news out of San Francisco, a deadly officerinvolved shooting after a stabbing on market street. The whole confrontation began with an argument over a sand witch. Yellow tape blocked off the popular tourist spot. It happened on market and fifth streets just a short distance between the westfield mall and the cargo cable stop. Police say two officers were on foot patrol when they saw one man stabbing another man, one officer fired at