Powell Jackson News Today

How apples shakeup is driving the blue chips plus the online surge, best buy notching is 242 gain in ecommerce sales in the Second Quarter but can it last . Trade optimism, u. S. And china officials reaffirming their phase one commitment, the s p is poised to add to its record run. Jim, i saw you last night mentioning those changes to the dow and your general point was dont be fooled in thinking there is as much money indexed to the dow as to the s p. We said that last night, its been the theme ...

Jackson hole goes virtual. Jerome powell gives an update on the central Bank Framework review. We hear from bank of england governor Andrew Bailey and ecb philip lane. No more lockdowns here. Italy joined france and spain and rolling out another nationwide shutdown. Despite rising cases in all three countries. Global infections past 24 million. The eu trade chief phil hogan quit after growing criticism that he broke my wrist rules by going to a golf dinner. Just under an hour away from the start...

We have seen strength. It has reached 690. That could mean a path to a level not seen since january. The hang seng up 1. 5 . Take a look at where we are in terms of emerging markets. They are trading higher. 1 shy of a recent losses. The kospi is up. The south korean assets will be watched today as it is expected to stoper restrictions a flareup. Gold down to 1943. Lets get to first word news with Karina Mitchell in new york. Karina President Trump is welcoming a coronavirus treatment that invol...

That you are really good at portage is, so we are going to do a lot of canoeing. Back then, it used to be birchbark canoes. Of course, lisa was totally wired up in the adirondacks. Did you have anything at all . Lisa no communication, no internet. I am glad to be back, though. A pretty active late august, all things considered. Tom it is, lisa, without question, the most odd august since 1998. Mr. Ferro is still off. It has now gone from vacation to sabbatical for jon ferro. Lisa and i will get ...

Protests as police used Water Cannons for the first time. Manus welcome to daybreak europe. Ae question, are we just on staging post, all out 25 tariffs . Morgan stanley warned of a meaningful risk in the trade war of escalation and a risk of a global recession. If we move to 25 percent on all imports and it sticks. That is the new level of conversation. Escalation risk. Nejra extraordinary times. One trader talking about the fact that President Trump can wreak havoc in ways no one ever thought ...

Water cannons for the first time. We are live on the ground in the 12th week of protests. Welcome back to bloomberg surveillance. I am matt miller here. Good monday morning. I am here for francine lacqua. Lets go to live picks of the g7 meeting. Somedent macron is getting statements giving some statements to the press. Lets listen in. He is probably the best informed. A few words about libya as we agreed yesterday. At the conclusion yesterday afternoon. Ok. Thank you. Matt all right. We are gett...

Fed chair jay powell has to strike a fine balance at jackson hole. Fears of recession swirl, but regional fed president s question the need for more cuts. As i look at where the economy is, it is not yet time. Im not yet ready to provide more accommodation to the economy, without seeing an outlook that suggests the economy is getting weaker. Matt a working weekend at the g7. French president Emmanuel Macron tells Boris Johnson a new brexit deal in 30 days is unlikely to happen, and italy has a f...

We are seeing green on the screen in terms of equities and u. S. Futures. We finished unchanged on the s p 500, so the markets are a little bit risk on. We are seeing that reflected in the bond market. The 10 year has backed up. We have a number of regional president s pushing back against further rate cuts. The dollar is on the front foot as well. Coming up, we are live from jackson hole as investors take positions on how fast and how far the fed will ease. We have a host of stellar interviews ...

Wall street Global Economy editor Jon Hilsenrath. Great to see you guys. We have a lot coming up. James carafano. Mohamed on the economy and markets, former pennsylvania governor on 2020 race and policy director Peter Navarro joins us talking trade, markets and the fed, dont miss a moment of it, big 3 hours, markets have a firmer tone, mix trading dayiest, we are waiting on crucial speech this morning from Federal Reserve jay powell, the central bank chief addressing commentary policy and future...

Has something President Trump does not. That is a central bank he can factor into. When you look at it from a broader standpoint, as the debate continues on to whether or not therell be an economic recession, the president heading into the 2020 reelection cycle by attacking fed chair jay powell, who he nominated. David thanks. We will talk to about that problem with china. In the meantime, lets turn to ben on tax cuts. We had President Trump say he is thinking about tax cuts, including capital g...