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Saw on friday, you got to remember that this president doesnt want stocks to go down he wants stocks to go higher and thats how you get a day like today where the dow gained 270 points and s p claimed and the nasdaq pole vaulted to 1. 23 trump knew things looked bad after fridays sell off. He decided to Say Something positive and turned things around did he call them did they call him there was a call people, thats beside the point. On friday the president took a harsh stance talking about boost...

Take a look at what happened overnight in asia. The nikkei up about a third a percentage point hang seng was flat, shanghai composite down red arrows across the board. Ftse flat at this point. Cac in france down by. 4 of a percent. The 10year right now looks like it is yielding 1. 63 those continue to wick up ground 30year 2. 1 the count down is on. Apple holding a launch event expected to launch three new iphones. Fee occurs may include upgraded processors and new camera functionality. We could...

Dropping below the s p 500 dividend yield which is crazy. You can make more money on the yield on the s p 500 than on the 30 year. Unfortunately the algorithms are utilizing global yields as the correlation to equities and that seems to happen from time to time. Remember prior to that it was the chinese currency any time that traded above a 7 Point Equities move lower. So youre looking at global yields and youre basically understanding that protectionism doesnt exist in global asset pricing. Wha...

Good wednesday morning, welcome to squawk alley, im Carl Quintanilla and morgan brennan. Retail is a big story this morning. Well start with tech stocks on the rise including facebook and alphabet two tech names in the top five of goldmans most important positions for hedge funds. Our next guest notes that to see acceleration in online ad growth in facebook and alphabet is no surprise to see it in snap, twitter, and pinterest is notable joining us this morning on where goldman sees buy opportuni...

So the market likes that part of it. As i said, were waiting for President Trump. He is speaking with reporters right now. We should have play back of the comments any moment as we start the hour with blake burman on the president. Some of the comments, im looking at headlines around the building where youre standing, comments on taxes interesting. President as usual making a lot of news. Bring us up to speed. Reporter the president you remember yesterday, connell, he gave idea, would endorse th...

Tbhat hammas and the u. S. Hurricane dorian is expected to arrive sometime tomorrow. This as the bahamas got hit with the most of powerful hurricane in history. Category 5. Wind gusts up to 220 miles per hour. A 27foot storm surge. Its highest point is 40 feet above sea level. In the u. S. , five states in a state of the emergency. Florida, georgia, south carolina, north carolina, and virginia. Millions urged to evacuate. 25 billion in damages. Thats the estimate of the cost of this storm. But t...

A lot going on. Leaving a trail of destruction and devastation of the bahamas lets first, what is your for at least five people have been killed. More than 2 million americans and florida, georgia and carolinas have been warned to professional opinion if i may how slowly the Justice Department under the new evacuate, the category two storm attorney general is moving and makes landfall is still unknown. How there has been no accountability whatsoever for anyone involved no matter if for the lates...

Manufacturing was steady with 8,000 jobs added there. Adp numbers coming out at a time where some people are worried about recession. It Shows Confidence businesses continue to higher despite those recession fears. It was the best month for private sector hiring since april. It is interesting, because yesterdays ism manufacturing number was a little weak. It showed some contraction. People were worried about that. This counters it a little bit. I want to look at Mortgage Rates as well. According...

Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad f...

Second thoughts when asked about the escalating trade war the white house, though, now saying he didnt mean that President Trump also was asked if he would invite russia to the g20 gathering next year when the u. S. Is the host country we are live in france. Plus, chuck todd is here to take us through a chaotic week in washington. On the ground in brazil has massive fires ravage the amazon, posing a dangerous threat to the world climate. A big scare at the pga tour golf championship. A Lightning...