Way, with your tax dollars, joe biden speechwriters use rhetoric like that because ever since Donald Trumps election, its been effective, scare a lot of people. But now that democrats hav erace embraced totalitarianism, now that theyre arresting their chieheyrefd political opponents, their rivals, several of his advisors, does the rhetorirsc actually work . . Still in twenty , twenty three , how Doresp Americans respond to Author Authoritarianism who pretend to be fightingonou get i authoritarianism . Do you get it . Ift . You i f you get a moment, look go on youtube like i did todayth and take a look at some ofts the comments on joe biden speech, the video from yesterday, theyre all negative, honestly. Versome of them are very funny. For example, heres one. Its nice that he was able to have a every Single Person that ever showed up at one of his rallies all fit intoe vide a three minute video, said one viewer, another quote, quote,tn i wish youtube would turnha back the dislike vote c
Tech help to drive some of the , a lot of investors will be watching inflation. It is a chart that were quite there with. The pce which is the most some of piece of data the fed watchers out there say the jay powell might indicate what the fed can tolerate inflation above 2 . And it is a position also held by the minneapolis fed president s neel kashkari. There is a collision course between what was he on the fiscal side of things as well. Address the Spending Plans from the white house. And it is increasingly likely that we will speak about it. What would that overshooting inflation. Queen of the Market Reaction was pretty positive to all the headlines today. The s p up over 1 , the dow adding on another. Nasdaq also higher by over 1 . Volume a little bit lower than what was expected. Stockith some of the big stories today. We had some big stories. Ge was one of them in at the ceo came out and said that there might be liabilities for some of the subprime that the company used to be in
Challenge to washington and seoul, korea. We have the world covered here on daybreak asia. We will be live in beijing for chinas plans for a new silk road. In new york, all the details of the global hack attack. He careful as you turn your computers on. Liveis daybreak asia from bloombergs u. S. And asian headquarters. It sounds really ominous. It is just after 7 00 p. M. , those is a big story hospitals and government facilities being attacked, but all eyes will be on the bill and road forum, 78 billion in Infrastructure Spending pledged at the time we are a focus on data, retail sales data out of china. When it comes to the u. S. , theng seems to move much s p 500 2400 for the past couple of weeks. China,a big project from how will the u. S. And the rest of the world react. Earthquakelayy quality . We will examine that later in the program. We seem pretty stuck here. The retail Sales Numbers on friday did not eliminate anymore on where consumers in the market are going, so we will wa
Say they were hit by the firms thirdack as on the expectation of more. We will be in beijing and china. In tokyo to see why japans biggest banks are forecasting a fourth straight dip in profits. Washingtonwill be in as the of work continues over President Trumps dealings with russia and james comey. This is daybreak asia. I am betty liu. Betty liu in new york, where it is just after 7 00 p. M. Yvonne it happens to everyone. It is just after 7 00 a. M. In hong kong. I am shery ahn on tuesday. I have got to say, it is a live it is a live day. Nothing, to be honest, as as whatg happened in the u. S. The s p 500 is close enough 2400. Betty maybe because there was also a lack of Economic News or any really comments in the fed that investors went back to focusing on some old standbys, which, for instance, oil prices. Oil prices routed. And Energy Shares zooming higher. We also saw it on the nasdaq as well as the dow, closing up. It sets us up very nicely for gains in asia. Shery let us see h
The stronger yen has made sake go one of the big losers up the day. A fouryear profit outlook by 58 . Taiwan and malaysia have come online so we go to juliet with a look at what is happening. Not a great day again for investors in this region and we have seen those markets coming online join in the selling we see across most of the region. That big slump coming in from wall street and the u. K. Leading those declines. That we couldts actually see negative Interest Rates pushed even further into the boj policy. We are seeing a lot of those banking stocks coming under significant pressure. Despite that big fall we have seen in a lot of commodities, the Australian Market is flat. Even trying to push up into the upside, crude oil plunging glut in ther that crude market could move through. We see some upside there. Up by almost 10 there. 6 . Ealand down this is the longest losing streak we have seen since the start of the year. The Southeast Asia and markets also being sold off on the open.