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All that and more on making money. Dagen is a rollback in tariffs in the cards to get a trade deal done with china . Both sides reportedly weighing that option as they get closer to putting pen to paper. Edward lawrence, live in washington with more. Hey, edward. Reporter good to see you. Feeling of goodwill between the u. S. And china over trade is starting to seep into tariffs. People familiar with the talks are telling us china would roll back tariffs as part of a trade deal. In an oped in Chinese State media says cancellation of u. S. Tariffs already imposed should be a necessary condition for reaching an agreement. The moneys writer said to be close to the trade talks on the chinese side. The chinese have been working throughout the process to get tariffs removed or repealed, especially tariffs set for december 15th. Those are still set to be added. The trade talks are still happening almost daily. In phone conversations at th ....
Tuesday is in the orange, or red, whatever color it is on your screen there. That is the last hour of trading on both of those days, and it traveled about 3500 points monday in just the last hour of trading, down 1600 points for a time, and then a 500 point or 900 point swing yesterday. As you mentioned, we had a big swing in the last few minutes here well see. Anything happens in the final hour of trade. More from bob on todays move, bob . Reporter other things moving things other than the volatility index today. We were tooling along at a narrow range likely to the upside, and 1 00 hit this is the screen we have up here at 1 00 you can see we started moving down there on the heavier volume two things happened at this time we got a budget deal that implied greatly increased deficit, and we had a soft twoyear auction whats the effect . The effect is bond yields moved up this has been a problem in the past, but, particularly, the levels were at now, so bond yields moved, put up the teny ....
Great to be here. Temperature map behind me you will like this if you like warm weather. Red all over the map this morning. These are not the temperatures this is how much warmer it is right now than this hour yesterday. Boulder 36 degrees warmer right now than this time yesterday. We have what westerly had a westerly flow of winds bringing warm air from the pacific origin into our state. So right now the 20s and 30s for the Higher Elevations 45 in so lieda. 49 salida. 19 though got a cool spot up in greeley. So someplaces are chilly this morning. Around the metro Area Temperatures are all over the preys if you place if you are a i long the foothills its warmer away from the food hills where theres no wind, its 19. We will see the microclimate showing through on a morning like this. We are tracking a new weather system coming into the state. Gusty west winds, 53mileper ....
Warm weather the map we have yellows and reds on the map this morning indicating that this hour today compared to this hour yesterday many places are 10 degrees or better in terms of temperature difference 34 degrees warmer in boulder than this hour yesterday and the reason why gusty west winds are flowing into the state. If you plan to play in the mountains today, areas of above 10,000 feet windstopping 10 to 20 miles mer hour. You have a guest gusty down sloping wind 40s and 50s there and a few places near 60 east side of town mostly 0s and 40s but look at dia we were 38 i believe last hour and we popped up to 52 so they must have a Little Pocket of gustier winds rogue through the area around the airport. Heather jones the weather watcher in aurora checking in with 33 degrees this morning. Theres the new storm system its onshore moved on last little batch of light rain and snow trying to work its way into southwestern colorado. T ....
Unchanged and signaled two rate hikes later on this year. Now, that looks like the fed seemingly has cold feet so what are you doing with your portfolio at this point . Guy . I think you stay with the cold market. I think gold is telling you everything you need to know over the last three weeks to the last month and a half where on every rally in the s p where gold should have sold off it has not and its gone higher. Look at the move today. Obviously hey lot has to do with the weaker dollar here. Again, you have central bank policies. Everybody is in this currency race to zero by definition that supports gold and i think gdx is the way to play it. The problem is they pushed out inflation. They pushed out theres no sign of inflation. I understand theres a host of reasons to buy gold. Inflation hasnt been the main reason to be buying gold at this point but if you see gdx it looks to me like its rolling over, and i dont think you can buy gld or gdx at this point. Actually in this case i t ....