From Raymond James to get his quick take on the street Google Properties revenue, thaep thats the properties the company owns and operates, 19 to 28. 7 billion that was above what kessler was looking for. Operating expenses were higherx. Ruth porat said there were some unusual items and pointed out 545 million expense related to a legal settlement in france also called out some unrealized losses tied to certain venture investments, although she declined to say which ones switching gears a bit, i asked her about competition. We just heard from amazon. Their ad business is growing very strongly. I asked her how much of a threat she thought amazon was she thought the online ad market continues to grow and her point is it doesnt have to be one winner, its not winner take all. I asked her about wamo as well the team at Morgan Stanley cut their valuation by 40 in part because they said the industry is moving toward commercialization slower than expected i asked ruth porat whether commerciali
A nose in need, deserves puffs, indeed. We are back with the growing unrest in chile. Thousands gathered tuesday for the 12th day of protests. This follows a week of riots, 1people h thousands have been arrested. It started with protests over subway fare hikes but has become a demand for economic equality and improved public services. Wow, startling images. Back at home theres a new development in the case of a missing 14yearold girl from virginia. Authorities have confirmed a sighting of both the teenager and her suspected abductor. Heres abcs linsey davis. Reporter an allout manhunt in the virginia woods after a confirmed sighting of missing 14yearold isabel hicks and bruce lynch, her 33yearold suspected abductor. When isabel was spotted she appeared to be unharmed, which s odo. Anpey sll stay that way. Reporter this is the first time isabels been seen since she vanished from her home in bumpass, virginia, more than a week ago. A Resident Called Police after spotting the pair just af
Balloons increasing 26 to just a little less than 1 trillion. Joining us for the hour is chris verona, Strategas Research partners here we are, we can see it, we can taste it, a new record high and everyone is really calm around hiere. The lack of euphoria is telling. Theres this great divide between perception and reality what are the headlines impeachment, recession, china, pmi under 50 but the reality is, signs of cylicality are starting to show up in every corner of the globe. You see it with semis and with trucking stocks, german dax is at a 52week high, the banks are acting better. I think the tone of the market is so different than what the tone of the front page of the paper says every day and i think thats bullish great to have chris with us for the whole first hour of the show, particularly given that we might have that record alltime closing high for the s p 500 the key level to keep an eye on, by the way, 3025. 9. We are at 3022 at the moment lets focus in on the big storie
The only thing we want is just that is an issue of the government to support the option and if we didnt i would love to finish this is a after the message is given to this is the reason i also use one of these as you mentioned there stat we did have an altercation between supporters of hezbollah and protesters in a square just a couple 100 meters down from where we are at that was digit off an hour before he started speaking what was your this is a figure that the protesters have right that these Political Parties not just has but that will bring their men into the streets to cause trouble i mean give my right give your reaction. To send some some of these groups to try to create some trouble on the streets and just make sure to give me the sun and the city actually take you shopping to go out there for the revolution and make sure to say to them all of them. Want to be part of piece of shit and in. I will probably sit with him in the financial crisis mode of government and part of an.
Software along numerous other factors. And we follow the paris line scooter patrol as it goes fishing in december for the electric scooters. For business on the w m how you know its good to have you with us the u. S. Treasury has announced that the countrys budget deficit sorts to almost a trillion dollars in the 2900 physical year thats a 26 percent jump from 2018 the Trump Administration has spent far more than its tax revenue because of the republican led tax cuts taking advantage of a booming economy Government Spending grew twice as fast as tax revenues the u. S. Treasury secretary Steven Muchin said trumps economic agenda is working well lawmakers fears the government is undermining fiscal just possibility. For more on the subject im now joined by the w. C. Financial correspondent on wall street. These deficit numbers definitely sound worrying at least how do they fit into Donald Trumps view of the u. S. Economy. Well i mean as long as the dollar remains the world currency the da