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Currency what runs the economy the main reason is inflation because a raise in the value of the u. S. Dollar immediately translates to a race in the price of almost everything in the early 20th century argentina was one of the richest countries in the world thanks to the export of beef wheat and other farm goods but things changed in the 1930 s. Because of the Great Depression the United States and political instability and since then i didn t. Know has defaulted on its sovereign debt several ti...

Global threats keeping haven bulls happy and the yen expected to outperform the g10 years. Peers. Petrol bombs, tear gas and rubber bullets fly as Chinas National Day approaches. We want to get you to breaking news on the terminal now. Industrial production from south korea for the month of august, something of a miss, 1. 4 contraction for the month. The survey expected a 1 contraction for the year on year figure. 2. 9 contraction of the market had been expected, a contraction of. 2 . Decline in...

Half the stocks above their 200 day moving average. To 30 down about 20 depending on what you want to pick. Keep in mind the yom kippur holiday. Your 10 year yield. Taking up slightly. Not quite what i would call a huge selloff in treasuries but you are seeing some people reposition, some folks like citigroup saying this is more of a reset, more they correction until that bond rally resumes. Crude oil Holding Around the 53 level looking for the impetus out of the eia data. That seemed to be a ne...

And saudi arabia suspect iran is the true culprit certainly looking like iran was behind these attacks. Our Intelligence Community at this very hour is working diligently to review the evidence u. S. Secretary of state mike on payor has been deployed to saudi arabia the state Department Said he will coordinate efforts to counter iranian aggression in the region despite iran denying any involvement foreign minister jahvid zarif tweeted in defense of the whos these the us isnt upset when its allie...

The market is taking it is a positive sign, i am not sure it is entirely such a big step forward. David as you suggested, it depends on what is going on inside the white house and inside the president s mind. He has been adamant he wants a full loaf, not half a loaf. Is there any evidence you might not he might back off on that . Under a lot of pressure from the midwestern farmers, the base he has. Pledges of chinese purchases of soybeans and pork and other farm commodities might go a long way t...

Details about that complaint take a look inside the house intelligence hearing where right now where they are preparing for a hearing with the director of National Intelligence Joseph Maguire who has been a key figure in the administrations handling of that whistleblower complaint, lawmakers certainly going to have a lot of questions ahead of this hearing. They received a declassified version of the whistleblower complaint and those details now being passed on to the public the whistleblower com...

Rosengren. And speaking of the fed, yes, there is more. We have an exclusive interview coming up. Loretta mester is the president of the cleveland fed right after the close. Joining us for the hour is charlie with aerial investments. Was this a big sigh of relief after the data from earlier in the week yeah, you know the markets was really nervous about a recession. Thats the conventional wisdom in the market. Theres a lot of evidence that bulls like me keep pointing to that were not, but you ca...

They blame higher costs, they blame amazon for the competition in shipping, and of course, they are blaming china and the tra war, blaming the Global Economy as a whole. We have a huge show for you. Look at this lineup. Senator roger wicker will be grilling social Media Companies on the hill next hour but we have him first. Sarah Huckabee Sanders on that fiery Cory Lewandowski hearing. Martha maccallum on Elizabeth Warren getting grilled by Stephen Colbert. And tom brady and Dennis Rodman are on...

Havenots in the United States grew last year to its highest level in more than 50 years when tracking income inequality. That is according to figures released by the census euro today. The areas with the most income inequality last year were coastal places with lots about open washington, d. C. , new york, and connecticut. As well as areas with good property, puerto rico and louisiana. Utah, alaska, and iowa had the most economic equality. New protections can be on the way for undocumented immig...

A hope that after this election they will be resumed now the taliban is launching military offenses but its also launching a diplomatic one theyve been sending delegations to moscow and to china and showing a sign that perhaps they would like to get back to the negotiating table and that maybe not too far in the distant future all right to tony bertie there in kabul tony thank you its a key Border Crossing between iraq and syria will be reopened on monday the al qaim crossing has been closed sin...