byron wien, blackstone. the closing bell 37 minutes away. is down 279 points, but first political tensions in hong kong are boiling over. folks, this is just hours ago. not only did china flex its military muscle, it used live ammunition on an 18-year-old. the growing threat to stability in the world's second largest economy and how it could impact the u.s. trade talks. "claman countdown" coming right back with a live report. lanet as with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. do you have the coverage you need? annual enrollment ends december 7th. nos the me to get on a path where you can take advantage of all the benefits of an aarp medicare advantage plan from unitedhealthcare. call today to learn more. these medic

you know byron wien of blackstone?ly. >> byron wien joins us on fox business exclusive. he puts out top january surprises. guess what? he is coming here way before january 1 to give us exclusively what he senses is the october surprise. it could be a good thing. we have the ceo not one of thee horrific ipos, but zoom, which is trading above its ipo. very unusual these days. charles: it is. two great guests. we look forward to the october thing. i like buying on dips. liz, thank you very much. stay with us for the "claman countdown." it begins in a few minutes from now. >>> meanwhile a new study growing reliance on homeowners using high interest payment options like personal loans and credit cards. the study finds on average, homeowners pay $6,000 extra each month despite having low interest alternatives available. jackie deangelis has the latest on the low interest option out there, options, rather that can help folks reduce their debt, right? reporter: good afternoon. great to see you. this is an important finding and

legendary investor byron wien gives us his insight next when "squawk on t see rurhetrt"etns ♪ ♪ ♪ ♪ ♪e street." stocks enjoying a very good friday on the trade meeting this week the. the is meeting with the top trade negotiator in just a few hours. byron wien joins us this morning. >> always good to be here, carl. >> any surprises for you this week >> well, this is a surprise. we'll have to look at the details of the deal, but having a deal with china has been an important impediment to the market and now if this deal is meaningful, that could really allow stocks to move forward again. >> all right so what does meaningful mean and how long does it take before the market believes it's actually going to happen? >> meaningful means that china will stop confiscating intellectual property, that companies that do deals or join ventures with china won't have to turn over their intellectual property that the financial markets will open up and the companies can enter china and do business without a chinese partner. those are some of the key elements i doubt that we'll get all of those at this