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Is going to. If trump gets his way and is more of an isolationist in the u. S. , we are at a disadvantage. The rest of the worlds deepening their ties. China is trying to launch its own free trade zone. There is a Southeast Asian group of nations that are forming trade ties. Globalization will not stop even though brexit has happened. David given the rhetoric we have heard, if congress doesnt pass that, well lose ground. As you look at the trade picture, theres the u. K. Stand to lose out as a result of this . It is possible they could. If everyone is tied up into trade, there is less room for the u. K. And the u. S. To maneuver. It is a possibility that the west will lose out. David we are still talking about brexit. In the feature section on scotland, leading the Scottish National party. Carol who is she, first of all . She is a long time member of the s p. She was work ....
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continues. Particularly when you have a close friendship and relationship with a partner like canada, it is not as if work we or entry on the arctic s vanishes when the next president comes in. I intend to make sure the next president who comes and agrees with me on everything, but, just in case that does not happen, the u. S. Canadian re ....
Lets look at where the numbers stand right now. The s p 500 the biggest gainer. Up gainer the nasdaq has been flirting with negative territory in the flat line. Its up minimally right there. Lets take a look at whats happening with currencies as well, in particular with the u. S. Dollar and the japanese yen. Kinds been a very seesawed of day, a volatile kind of day for the currency. You can see that a weekend over the course of todays trading session. We started hit right back where we started, around the late morning hour or so. A bit of more weakening and thats where we stand right now, one dollars will get you 108 yen. Lets also pop into my bloomberg, and i want to show you the Sector Health of the s ps 10 sectors, this is the imap function. Eight out of the 10 sectors of the s p are trading positively, energy has been the biggest leader all day, up. 2 materials up 1 . Now, talking about energy, i want to talk about oil, and see ....
Good morning, everybody. I am Erik Schatzker. I ruhle. Happy new year. I will wager mine was cooler than yours. It was definitely warm and beautiful and lovely where i was. But it is warm and beautiful next to my partner, Erik Schatzker. News, the top business stories of the morning. The euro has not been this low in almost nine years. The currency fell below 119 earlier this morning. There is concern elections increase this month could result in the greeks abandoning the euro, or as my partner, eric likes to say plus, the ecb is debating whether to expand economic stimulus. Do you like that . Your favorite. Oil resumed its slump today. Below 55 a barrel for the first time in almost six years. West texas in west texas intermediate is below 51. Boost exports to a record later this month. Oil production now at the highest level since the breakup of the soviet union. The preside ....