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December 15, 2019
About $155 billion worth of chinese goods including lab tops, cell phones, toys and office supplies. trade headlines have had markets in a chokehold all year, but stocks have still managed to hit record highs largely due to three interest rate cuts from the federal reserve. but last week the federal reserve left rates alone. >> we try to look through the volatility in trade news and trade negotiations. we try not to react. we cant react. monetary policy is not the right tool to react in the very...
December 8, 2019
All of this. north korea claims it carried out a very important test just days after warning of a christmas gift for the united states. what about that presidential relation president trump talks about so much? details just ahead. trade headlines are likely to dominate the action on wall street. in aexactly one week the next round of tariffs are scheduled to take effect. they would apply to about $155 billion worth of chinese made goods. investors are hoping a narrow trade deal with china ca...
December 3, 2019
Dominic chu joining me now with whats going on. dominic, is all of this related to this on going trade war with china? >> well see the thrust of it, the large bulk will be driven by all those trade headlines coming out. the reason were saying that, its the incrementally, somewhat positive trade headlines over the last couple months pushing markets towards record highs. we hit record highs in the stock market on the day before thanksgiving. this was on some kind of assumption, some kind of foreca...
December 27, 2018
If you are close to retirement, you should not be everything in the stock market, right? i know that has been tempting because people have been making so much money for so long. this has been a wake-up call these past few months. unemployment is still low, and the bottom line is, stocks have gone up and up and up, and now i think you are going to see a more normal approach. watch the trade headlines. we know the united states is sending a trade delegation to china at the beginning of the year. w...
December 14, 2018
Dying by trade headlines. china trade headlines. dow closed up 70 points. giving back from the earlier rally. the s&p 500 was flat. nasdaq closed down 0.4%. is starbucks coming to your door step? it is signing on with uber eats. it started testing delivery in miami in september. it will offer it in a quarter of the 8,000 u.s. stores next year. customers will be able to get coffee from the tap. every u.s. store will end coffee brewed coffee by the end of next year. it is part of the plan to sel...
August 19, 2018
Bankruptcy filing happening about three years ago, they seemed to have been working that i way out of it. but in the course of this investigation, you know this is something that will be scrutinized by those looking into their past and what could have led us here. >> thank you. and now this beaks before the bell. here is christine romans. >> hi. an important deadline this week in americas trade war with china. thursday is when the u.s. will be collecting those tariffs. beijing said it would stri...
March 27, 2018
Looking at the number of jobs created in march, but looking at wage greegt. now the attention turns to whether theres a spike in inflation. the question becomes can companies absorb that because of an expected windfall from tax reform to keep those wages elevated and not pass on those higher costs to consumers. >> christine romans, a little more circumspect it seems traders are about the notion of a trade war. >> they change their mind every day based on the headline risk. weve been saying at cn...