Amazon raises cash to pay for whole foods. Goldman sachs takes a game to silicon valley, roosting storage for top tech talent. Betty this is daybreak asia, live from bloombergs u. S. And asia headquarters. I am betty liu, it is just after 7 00 p. M. In new york. After 7 00 a. M. Here in hong kong. I am shery ahn. Volatility falling, the japanese yen, and gold retreating this week. It looks like geopolitical tensions over north korea are waning. But political tensions in the u. S. Are on the rise. Betty you could not see that reflected in the equity markets by any means. That turmoil you are seeing engulfing the president and throughout the country, largely shrugged off by the equity markets. Certainly no rally like we saw the day before. We had markets closing unchanged. Ingestrs still trying to all the news and the impact at my it might have on business and the economy. Shery that Economic Data out of the u. S. Good july retail sales, that probably helped. Lets look at the markets in
Somewhat grim reflections on the state of policymaking in washington, d. C. Showed up in these minutes. Some Committee Members see the likelihood of new stimulative fiscal policy dropping. This also appeared in the minutes. Participants noted that uncertainty about the course of the course of a federal government policy including in the areas of fiscal policy trade and health care was tending to way down from spending and. Iring plans in terms of what fed officials are hearing from businesses in their districts the dysfunction in washington may be beginning to hold back the u. S. Economy. A quick point on Financial Stability and asset valuations. The concerns raised in committee again about real estate valuations. When it comes to the stock market no real red flags. Some Committee Members said that valuations reflected favorable economic factors and there were no new signs of additional leverage being implemented in the stock market. No red flags over start valuations. Back to the deba
Somewhat grim reflections on the state of policymaking in washington, d. C. Showed up in these minutes. Some Committee Members see the likelihood of new stimulative fiscal policy dropping. This also appeared in the minutes. Participants noted that uncertainty about the course of the course of a federal government policy including in the areas of fiscal policy trade and health care was tending to way down from spending and. Iring plans in terms of what fed officials are hearing from businesses in their districts the dysfunction in washington may be beginning to hold back the u. S. Economy. A quick point on Financial Stability and asset valuations. The concerns raised in committee again about real estate valuations. When it comes to the stock market no real red flags. Some Committee Members said that valuations reflected favorable economic factors and there were no new signs of additional leverage being implemented in the stock market. No red flags over start valuations. Back to the deba
Somewhat grim reflections on the state of policymaking in washington, d. C. Showed up in these minutes. Some Committee Members see the likelihood of new stimulative fiscal policy dropping. This also appeared in the minutes. Participants noted that uncertainty about the course of the course of a federal government policy including in the areas of fiscal policy trade and health care was tending to way down from spending and. Iring plans in terms of what fed officials are hearing from businesses in their districts the dysfunction in washington may be beginning to hold back the u. S. Economy. A quick point on Financial Stability and asset valuations. The concerns raised in committee again about real estate valuations. When it comes to the stock market no real red flags. Some Committee Members said that valuations reflected favorable economic factors and there were no new signs of additional leverage being implemented in the stock market. No red flags over start valuations. Back to the deba
Walmart is down on earnings and well dig through that report and talk about the Amazon Effect and shares on alibaba spiking on earnings first up though, the watch is on to see what effect this could have on the trump agenda a few of the quotes jamie dimon i strongly agree with the president s statements must speak against ideas that divide us. Im ashamed of our president s behavior what does this all mean for the agenda and the degree to which business was going to help push it no republican that ive seen has called ut trump by name the way some of these ceos have an theres a desire to get something done in tax reform but repeal and replace that budget are going to be ahead of that and i think that they themselves will be more attracted because of this. If you look at the calendar its probably not possible but it wouldnt have mattered either way because i dont think the ceos are able to influence congress and congress has its own agenda. The thinking was tax reform specifically was goi