It was also what came out of pmis. Taylor we had great pmis data. Really showing a divergence between the pmis that you were looking at out of europe where that recovery now seems installed. Most of the analysts said the pmi in the u. S. , dont take us one piece of data as the endall beall, but coming in higher than expectations and that existing home sales data, huge, not only talking about the move to the suburbs but the prices and demand, really something that shows the Housing Market not only in a recovery, but booming. Caroline we were hearing about the potential in real estate and diversified assets. Talk to us about those bets you are making. Where are you looking in that area . Christopher private equity is slow right now. There are not a lot of transactions. People cant travel and do their due diligence. The estate, we are on commercial side, not the residential. What is the value of a mall right now . The departments remain strong. The Office Market is uncertain because none
34. 20 is your level. The nasdaq coming off a fourth positive week. Longest weekly winning streak since december the composting a half percent gain at this point courtney, are you surprised at where we are in the markets given what is going on around the world with the coronavirus its been a while good to see you today. Am i surprised im surprised at how quickly the mark has come back however, we have a market that wants to go up people do want the see things better whether its the onlyis ianalys companies, expectations are very low. The fact we have seen a glimmer of hope, these markets wanted to see that i think well continue to see that rise as we move forward if people can put masks on, we might come out of this faster on the economic front the marks are looking 12 months ahead and saying we see ourselves come out of this and were seeing that with the rise in the s p and market overall. The notion of people being optimistic and wanting to be optimistic you want to be optimistic tha
Groups collapse condor remains an operation flights are running normally but its requested a bridging loan from the government and has said it cannot on our bookings made by a top thomas cook putting affected passengers in the same situation as thousands of others around the world. All of these a chance to d. H. Trace and recharge the batteries not so for the travelers among hundreds of thousands of thomas cook customers wondering how well now theyre going to get home. They just how to get to the r. B. A. Area jet ski and we should get more information but were not too sure that its a nightmare they mistress. Know or want it really foretold. What can you do if youre overseas on a thomas cook holiday and you can continue to enjoy your holiday hes launching. This is the last reproached. Since the 2nd world war and we will be bringing haram every party. Back back to the u. K. As close as possible to their return date 150000 brits need to be flown home in all 600000 holidaymakers are affec
Accommodative policy and more from that interview with Christine Lagarde stepping down from the imf taking the top job of the ecb president in november take a listen to her view of the u. S. Economy right now its the longest period of growth in our country. The unemployment numbers are at rock bottom. Its in a very good place. Her thoughts on trade, china, and the likelihood of a global recession all coming up. First, mark tepper, ceo of Strategic Wealth partners, welcome back youve been surprised, impressed at the resilience of the market during september, which is not seasonally a very strong month september a usually a very sleepy month historically. Its down somewhere between half a percent and a percent, but so far this month, were up about 2 , so thats pretty good. I feel like were in a tina situation, where theres really no better laplace to invest your monday yields have come down on bonds its really not interesting to invest in the euro zone. Tina, there isno alternative. Ther
At a slightest you can get on the markets. The opening arc for 1. Five. The election more about that in a moment we see Companies Reporting state side and in europe as well lets take a look at the markets one by one i the eye beks is performing off by 0. 6 . The foots see off by 0. 1 . Interesting referendum news there. The cac 40 is eking out a modest win of 1. 7 . Now lets go back to our top stories. Spanish banks are leading it spain has called on catalans to accept a move to accept the success net leaders. Tens of thousands of demonstrators took to the streets of barcelona to protest the actions. Speaking to the bbc foreign minister, madrid hoped to reinstate legal order in catalon catalonia. We are going to establish the authorities who are going to rule the daytoday affairs of catalonia hoping, as i said, from the catalan laws and what we are trying to do is restore normalcy, to restore togetherness for the sake of all catalans with disregard and i hope everyone will disregard wh