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Big news out of the United Nations, nikki haley announcing a cut in next years budget after the un voted to call for donald trump to withdraw his plans Israeli Embassy to jerusalem. Varney and company starts right now. Charles lets look at futures, under pressure all morning, fractionally better. Lets bring in zach hour. Everybody wants to know 205k in 2017. In 2017, i dont see why not, certainly lets call it by valentines day a couple points, next year will be a strong year for the stock market, the first half of next year especially. I am worried about a blow off topic for the market sometime next year but that is all the more reason. Charles you could argue this year, last year, the year before, pretty long market, people are calling for it. Prices are not crazy, prices are okay, we are introducing new money into this economy with conditions tight. What i worry about is a ....
According to the articles we dont know how much of it is true but he is willing to give him six billion dollars but he wants to actually still be at least the figurehead of his Company Kingdom holdings that well you know heres a guy whos being threatened with torture being tortured threatened with beheading over there in riyadh at the luxury hotel. And you know. You get towels nice scented soap and a threat of a beheading they will check into the ritz and then you know its a special kind of hotel over there five star six star no stars youre dead but you know heres a story that doesnt get coverage in the u. S. Because after all saudi arabia is the princess kingdom of the kind and beautiful of ever benevolent meritocratic saudis who bestow their kindness upon milk and honey on the world not to be confused with the iranians who have never been violently involved in the altercation and decades and weve overthrown by americans in the ....
Ipoint banks for the aramco and allows women to attend football matches. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Remember the handoff from the United States, gains for a fifth straight session. The european session was strong. We saw the biggest weekly advance since april. We are seeing risk assets continuing with strength into 2018. Outlook from companies will dictate the next move for indices. The u. S. Dollar weaker after pretty much snapping a set of declines. Youre looking at again story standing out. The yen up the most in a week after boj reduced purchases of superlong bonds. Yen slide is looking like a risk aversion team. S p futures a little retreat. Zinc futures outcome of the story around supply side risks, the squeeze around those stockpiles. Lets look at other key risk assets. We have a story on brent crude. Just above 68 a barr ....
Billionaires was thirty eight chinese billionaires on the Bloomberg Index added one hundred seventy seven billion dollars and twenty seven thousand to sixty five percent again that was the biggest of the forty Nine Countries represented a lot of it to do with the likes of tents and ali baba and all these sort of Tech Companies you saw the same in the United States its jeff bezos and Mark Zuckerberg were the two biggest adders and dinners in terms of their wealth i think jeff bezos is now over her hundred billion dollars and that wealth the biggest loser on the list was prince i will lead to bin tell all hes not a tech investor that has done very well in the past year and in fact no deal saudi oil well leads fr ....
Percent again that was the biggest of the forty Nine Countries represented a lot of it to do with the likes of tents and ali baba and all these sort of Tech Companies you saw the same in the United States its jeff bezos and Mark Zuckerberg were the two biggest adders the gainers in terms of their wealth i think jeff bezos is now over her hundred billion dollars and that wealth the biggest loser on the list was prince our lead to bin tell all hes not a tech investor that has done very well in the past year and in fact no deal saudi oil well leads freedom denied after negotiations fail and this is quite a bizarre story because hes one of the biggest tech investors in many u. S. Tech companies. Silence no no the people of twitter are outraged you know theyre often outr ....