Stay updated with breaking news from Main fund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Speech this morning. And alibabas ambition. The chairman tells bloomberg the Company Needs to embrace a to globalmindset expansion. Matt less than half an hour from the start of stock trading here in europe. We are already trading bunds. Futures down across the board. You dont see a lot of enthusiasm for risk assets there. If you look at bunds, you see a little buying but make change ofs screen to a oneday shot what has been stuck in a tight range. 0. 407. Still at just a tiny bit under where we were at the close yesterday. Arent really moving, equities arent really moving. In fact, from the korea story, it doesnt seem like anything is moving. It is still the bank of england pushing markets around a little bit. Guy i think the market had anticipated we would get this missile fired at some point. We thought it would be last weekend, we got a risk rally round of the fact it didnt happen. The market got used to the idea and when the m ....
Coming up in a few minutes. First, we have julie hyman 30 minutes into the trading day. Stocks climbing after smaller clients yesterday, with all three major averages reaching intraday milestones, in part because of consumer stocks and the news we got from individual consumer companies, and also, we have continued to see a rally week after week after week. We take a look at the bloomberg terminal, you look at the effect that dividends has had on the ongoing rally that we have seen for the s p 500. You are looking at the s p 500 in blue here. Is climbing and white. If you look at the total return index, including reinvested dividends can you see how much that magnifies the gains, particularly in recent years, and as Companies Continue to raise their dividends. Not only has the absolute price return worked out well for investors, but also, of course, the dividends have had a big effect. Getting to the consumer names from one of ....
Very damaging for japan and the entirety of japans manufacturing sector. Michael the imf puts out a sunny growth forecast. Christine lagarde sheds light on the report. While we see the sun shining, we are also seeing those clouds on the horizon. Michael the fomc minutes reveal inflation worries. The fed president as some inside insight. I am really nervous Inflation Expectations are low. We are not trying to address all of the relative price changes that occur in the economy we are trying to get that underlying rate. Michael plus, economists consider the conundrum of tax reform. It has to be base broadening as well. Growth will pay for part of it, but not all of it. You might as well assume unicorns will come deliver packages of money. There is no reason to believe this. There are miracles, sometimes productivity growth picks up. And for reasons we dont always understand, but it happens. Michael it is all straight ahead on ....
So temperatures are going to be cooler in the afternoon than what weve been experiencing the last couple days which were the last couple days of my vacation. So nice in the afternoon. Not going to be quite as nice today. So heres a look right now at our temperatures. Its still fairly mild start to the morning. A few of us are in the 30s, pottstown checking in at 38, 44 allentown. 48 philadelphia. 49 millville. These temperatures you might want a jacket but wont need a big coat or anything of that extent. The thing is as we get into the later hours of today, its not going to warm like it has the last few days. So instead of 70s were going to be talking a little cooler conditions out there with the temperatures mostly in the upper 50s to right around the low 60s. Heres a look at radar and satellite. So this picture shows us we have a good bit of clouds overhead right now. Today youll see the clouds thicken through the afternoon hour. A mostly cloudy day but a fairly dry day until this ev ....