Within a difficult market. Whatews flow dominated by is happening between the u. S. And china on the tech front. Of we chat andds tiktok will be prohibited. The Commerce Department said the Chinese Communist party has demonstrated the means and motives to threaten National Security, Foreign Policy of the u. S. Joining us now is bill faries. Overall take on this, and a potential chinese reaction . Is trying to. Raise the pressure to get the parties to some kind of a deal here. They will basically allow tiktok tiktokhey are telling that will not be able to upgrade, do any servicing this sunday, and banning the use of chat in the United States. There are some carveouts, and i think that is why the u. S. Wants to find some agreements. Tiktok is not being banned officially until midnovember, november 12 is the key date. Involveds the parties some time to reach an agreement to address some of the National Security concerns that have been raised. Overall, i think it is probably more of a posi
That would override the bricks of 2 full steel but the British Government says it will not back down despite admitting the bill would breach international rules. Thats all from me for today kevin know and well be here in just under an hour with food coverage of the very latest going on in the wall to join mine coming your way now though with the kaiser report. Hi im max keiser this is the kaiser report. Much to. First as always i will start reminding you that you can find us on social media at mines dot com for its last stacy herberts or max keiser you can find out mines dot com forward slash max kaiser so were moving our social Media Presence over there from twitter and i want to talk about chasing stock splits with marks and king so i see them in my headlines today so i figure ill name check them and talk about them 1st up we have a tweet here that says Robin Hood Schwab outages last week linked directly to tesla and apple split the money ellison generations ear on their robinhood ap
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of
As well as declines in cases across the u. S. Not just big tech winners, jawdropping moves for individual stocks. Roku up 11 . Dicks Sporting Goods up 15. Urban outfitters up 20 weve got them all covered for you. 59 minutes left, what is set to be another record close for s p and nasdaq all we need is a positive finish kayla, welcome. Thank you, sara thank you for having me. Feels like record finishes every senile day we have a great lineup of ceo interviews coming your way on the rest of the show well me with the head of Toll Brothers about his companys strong Earnings Results and whether the Housing Market can keep topping expectations over and over again plus shares of crocs you heard me up. Up 300 just since march we will ask that companys ceo what is driving the foam footwear boom. And also the ceo of etsy says amazon is trying to wipe out its competition by supporting a New California Consumer Protection bill he will join us to discuss that and much more. Its a big show today. Bu
To tony zhang has the one name you could play to cash in. Plus, mike khouw has a way to take some protection on the cheap. And do the dog days of summer have your feeling tired, rundown and listless youre not alone the chartmaster is drilling down on the one sector running low on energy how you can play it for a jolt its time to risk less and make more options action starts right now. It is friday. 2 30 out on the west coast lets get to it. It was a record week on wall street and a remarkable week for the Federal Reserve as well. The nasdaq and the s p hitting fresh alltime highs with the dow turning positive for the year all this after the fed made a major policy shift essentially saying theyre going to allow inflation to kind offe run hotte than normal to help the market tony zhang says theres only one stock that could be a big winner from this. Who is it . I want to take a look at Morgan Stanley because of this tick pickup in rates on the long end of the curve its one of the stronge