Painting a rosier picture of economic fundamentals. Joining us is david zervos, looking sharp with the new haircut. David, what do you make of the fact that we have bounced back pretty nicely . Yesterdays reversal and some followthrough today what does that tell you . I think the trade tensions are definitely a story summer liquidity is the story. It was a pretty aggressive 200point plus move in the s p and the interesting thing from the price action for me is the rate market. The rate market had an incredibly large move. One of the largest weve seen in a while and it really hasnt come back off that much. So while stocks have rallied back, you would have expected maybe rates would have sold off a little more, risen a little more and they havent. So this is maybe telling you more that people are getting comfortable with a fed view that is cuts are coming and probably more cuts are coming than people had been nervous about with the meeting. You know the important thing in that answer, da
Got the jobs number a half hour ago. European markets have been negative lets take a look at how they are doing at this point. They perhaps have been tipping us into a negative territory and they continue to be by a roughly percent. 10yr new yield, thats a key, of course, look at that, 2. 822 people are keeping an eye on that after that jobs number. There is a look at crude oil back over to you, carl well start with the road map with futures pointing sharp lilo ly lower today the s p 500 could post their worst week in nearly two years apple reported weaker than expected revenue guide numbers jim has some thing with his conversation from the ceo tim cook amazon, the company is reporting its biggest profited history last night boosted by prime customers and echo sales we got jobs and google amazon and alphabet and yield and futures today. We walked in this morning with another premarket scare. I am getting tired of the notion of the export of europe to our market is very wrong. The princ
Tuesday we had a meeting of the federal market committee, the Monetary Policy committee, and i was on the phone with new york. Tim geithner didnt even come to the meeting because he was busy trying to figure out what to do with a. I. G. We were on the phone talking about it and i was almost an hour late for the meeting, breech of poto colonel. I was trying to manage the Monetary Policy meeting at the same time we were trying to prevent a. I. G. From failing. Rose the Transpacific Partnership and ben bernanke, when we continue. Rose funding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose the largest regional trade accord in history was reached monday, the Transpacific Partnership links the United States, japan and ten other nations in the pacific rim. The a
Tuesday we had a meeting of the federal market committee, the Monetary Policy committee, and i was on the phone with new york. Tim geithner didnt even come to the meeting because he was busy trying to figure out what to do with a. I. G. We were on the phone talking about it and i was almost an hour late for the meeting, breech of poto colonel. I was trying to manage the Monetary Policy meeting at the same time we were trying to prevent a. I. G. From failing. Rose the Transpacific Partnership and ben bernanke, when we continue. Rose funding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose the largest regional trade accord in history was reached monday, the Transpacific Partnership links the United States, japan and ten other nations in the pacific rim. The a
Also, a new apple tv and ipad pro plus, that apple pencil. A few of the announcements coming out. Well take you there live with the details coming up. Fitbit is on fire these days, up 7 this week. We have the analyst that says that stock is going to 50 a share. Plus, new details on the wall street heavy weight who went to meet with the Chinese Government. More on that story coming up. Thats very interesting. Lets start with the latest from apples event. Im sure hes having to keep talking to us while its going on inside there. Give us a quick recap of what weve whats been unveiled today from apple here, john. Well, you caught me at a good time. Theyre wrapping it up. Ive got more detail than ive had up until this point. And key details on pricing. How does apple talk about pricing in a world where so many carriers are moving away from subsidies . Well, the same way. They will be priced the same as previous generations. The 6 and 6 plus are going to be 100 cheaper, and the 5s will stick