A sham. All that and more on making money. Charles how many millions of americans find themselves every morning drinking in starbucks, say one of those machky machiados, posts on facebook . Maybe youre one of them. If you dont own the stocks, they can still be great invests f the answer is yes, well find out from our expert david dietze, point view Wealth Management and mitch rochelle. These companies have been around here for a long time. They use it. It is ubiquitous in our lives. Many people are not in the stocks mitch. You mentioned important word. Those are Consumer Products. Maybe starbucks is more tangible than the others. The fact of the matter they are ubiquitous. We see them and touch them every day. The future of commerce is through these type of platforms. It makes sense through the gdp print. All about the consumer. Making sense these are lining up. Charles consumer came in better than expected. Income up more than savings at 3. 8 . Not only consumer powerful, making more
Dot a big show joining the conversation pain Capitol Management is with us and Mitch Rochelle in editorial page ed tore James Freeman great to see everybody this morning. Thank you so much for joining souse so we have a market following bouncing ball of china President Trump, of course, addressed the Economic Club yesterday a event that i attended futures are down this morning but president was talking about china trade negotiations talking about Strong Economy heres a bit of that. Unploim is recently achieved lowest rate in 51 year. Africanamerican unemployment hispanic and Asian American unemployment have all reached lowest rates in history. Nearly 7 Million People have been lifted off very importantly food stamps, 7 Million People off food stamps. Since my election the s p 500 is up over 45 president obama the dow jones is up over 50 . And the nasdaq is up 60 . Their supply chains are cracking very badly. And they are dying to make the deal. Were ones that are deciding whether or no
Reduce our trade deficit very substantially, promote fairness and reciprocity, unlock the vast opportunity for growth. In United States these deals are a became changer for our farmers and our ranchers. We love our farmers, we love our ranchers. Weve been working very hard on this, providing them with significantly enhanced access to a critical foreign market. In a moment ill be, really honoring a lot of folks in the room that are here with us from farm country, ranch country, and were going to be witnessing a historic signing by ambassador Robert Lighthizer, ambassador from japan, a long trip but just got here. Sojiyama of japan. Grateful for the outstanding job youve done with both of you, your staffs, representatives thank you very much. Bob, thank you very much. A lot of work. Were also delighted that secretary of transportation elaine chao is here. Where is elaine . Where is elaine . Hi, elaine. She is busy doing a fantastic job, thank you. Thank you very much. Deputy secretary of
Admissions scandal. What his time behind bars could mean for the rest of the cheating elite. Cashing in on content. Tech giants like netflix and amazon dishing out billions of dollars in the streaming wars. The hollywood titans are joining the fight. Susan fox Business Team coverage, blake burman at white house. Edward lawrence with the latest on trade in d. C. And gerri willis on the floor of the New York Stock Exchange. Lets start with blake. Reporter this ninepage whistleblower complaint alleges that some in the white house were so concerned on the july 25th call between President Trump and new uranium president zelensky, that the white house officials were concerned that the white house used the call for personal gains. That the white house lawyers made sure the call records according to the complaint and transcript were placed on lockdown. The whistleblower alleges because of that concern the transcript was then put on on to a more secure server. Here from the whistleblower compla
Three categories. Despite tariffs and trade uncertainty business is still optimistic about the outlook. Not a whole lot of evidence of inflation in this report, which is interesting in light what we see of feds inflation page. In new york, manufacturers say input prices at a moderate pace. Selling prices flattened out. Reports of impact of pricing as it relates to tariffs were a bit mixed. Respondents feel like it will take a couple month to shake out to see the evidence there. Now i should note that this report does come before the president decided to enact a new tranche of tariffs on chinese imports that mostly target consumers. So take that as you may but bottom line here manufacturers continue to take it in the chin due to trade uncertainty but the Services Sector right now appears to remain intact. Back to you. Deirdre jennifer, thanks so much. Jennifer schoenberger there. President trump speaking moments ago on the trade tensions with china. The president says china wants to mak