stock keeps going lower. buying small chunks incrementally on the way down. in a bear market use wider scares after you make a purchase, you need to wait for the stock to go down before you buy more over the very long-term, you find you are taking advantage on opportunity most people -- you don't believe me just look at this chart of the s&p 500. look at those hideous declines during thecial crisis in 2008, 2009 within a couple of years, you would have made a killing. how about that nasty bear of 2011 we snapped back even more rapidly. warren buffett has an incredibly long time. don't get me wrong, if you have a shorter time horizon, if you are a hedge fund manager and you need to be up, you cannot approach a bear market you will lose enough money the vast majority of you are not running hedge funds, you don't need to make money every day or even every month or year what you need is a long-term strategy that lets you rack in multigains you don't need to be so concerned with short-term performance. this is not to hang on to loser stocks the ugliest most vicious market, they wi

if you want to mow where the stock market might be headed i say keep your eyes on the bonds. i know the bond market is boring as all get out but it's larger than the stock market and more importantly it's very important to the the overall direction of stocks back in the day when i was running my hedge fund i'd call in from the road the same way. if i had to be away from my desk i'd begin every conversation by asking where are the bonds that's how much it mattered to me but stock market investors forget the bond market all the time they forgot in 2000 even though the bond market told me the economy was softening near the dotcom peak. they forgot in 2001 when interest rates were too competitive versus stocks and caused a massive selloff they forgot it when the fed raised rates 17 times in lockstep fashion in the leadup to the financial crisis, precipitating the worst downturn since the great depression there were countless taper tantrums where federal officials will strike a hawkish tone and everyone freaks out rates are going higher quickly when the yield on the ten-year treasu

know wolf richter over there does a lot of analysis of the housing market of the auto market of stock markets of bond markets and he says you know he looks at what's overvalued what's not and he gives some reasons for it so it's a good sign we've interviewed him many times but his article here on these dot com shares and there are soaring valuations in the soaring stock market he's got an interesting explanation for this huge new prop under the stock market is a one time affair crash insurance with an expiration date but it's working while it lasts in may with great and perfectly orchestrated fanfare u.s. corporations announced plans to buy back one hundred seventy three point six billion dollars of their own shares sometime in the future it was the largest monthly buyback announcement ever and some of the announcements were expertly time to overcome operational debacle so again he's looking at their actual results and he sees a lot of operational deficiencies there that would normally impact the stock price but they've timed the. share buybacks to have huge announcements biggest ever one hun

stock market, bond market.re important, our federal reserve or the european central bank >> right now, the european central bank is more important for the very reason that if they follow through with tapering their purchases, we hit a net negative on quantitative easing. >> which they're staill doing. >> yes >> they're still doing it. they're calm of years behind us. >> a couple. that's an understatement as far as stock market investors are concerned, they don't care who is printing the money, as long as it's printed they want somebody to print it >> what will happen? if you own a -- i know you're not a stock market investor. if you own -- >> we can't all be stock jocks like you, brian. >> if you are the s&p 50 on and watching the ecb with a sideways glance, what are you watching for? what is most important >> it's pretty simple. my colleague, peter bookfar, who founded the firm with me he's of the opinion that if dragge blinks, we could push the rally out further. if he pulls back on tarping and -- >> that's g

in the stock market, we saw a rally like we did with the turkish lira. rkish market is 2% lower. investors want something more. they are looking for more policy certainty on the economic front. they rely on external financing. they are one of the most vulnerable in the emerging markets. the result suggests the status quo. that does not produce healthy results. policyded some macro framework. are we going to continue seeing expansionary, aggressive growth policy? will they return to more moderate policy with rebalancing the economy which is overheating. the geopolitics of play externally, we have rarely seen relations with the united states and turkey so bad. for thes this all make turkish population at the moment? nail on the head. there is a big domestic conversation. there is double-digit inflation. he did not win by a huge margin. the central bank is another question that is highly contested. they are in a guessing game. when it comes to foreign relations, you look it was happening with united states, 70% of the turkish electorate erdogan. for mr. we l

and we have it here and it means the stock market could be fine for a little bit >>> i like to say there'smewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see you monday narrator: in this episode of "american greed"... captain darryl wright has a purple heart and isn't afraid to show it. darryl used his purple heart, flaunted it, and he weaponized it. narrator: as a wounded warrior, wright collects more than $700,000 in government benefits until an undercover investigation unravels this "hero's" story. 99.9% of that stuff is not true. that did not happen. i think he enjoyed getting free money. we started to refer to this as the "purple heart fraudster case." narrator: wright's victims are veterans who feel their sacrifices have been tarnished by his lies,

. >> i think it's very wrong to use the stock market as a pxy for th u.s.conomy. interest rates are going up, and if i had to make a'mbet, and not an economist, i don't believe that the stock market is goin to continue to grow at the level it has between now and 2020. you're going to see a sea change. so, listen, the economy is strong. i give president obama credit r that. i give president trump some but you also have systemic problems in the country, the likes of which we have not h in a long time. >> howard schultz stepping off the starbucksut stage probably not stepping out of the headlines. i'm andrew ross sorkin for "nightly b >>> well, starbucks investors aren't t t happy about departure of howard schultz. the news sent shares of the stock lower in trading today.ou no those same investors want to know what is next for starbuckshend how company plans to overcome a number of challenges. kate rogers has that part of the story for tonight. >> reporter: it's a new era for starbucks as founder and executive chairman howard schultz steps awe he made into nam

stock market futures today.er higher open and we see futures start to pick up steam in the right direction. the dow fell 53 commands to be up five, nasdaq up 22. cautious trading woken up the numbers they are the numbers bear print the ftse down by 27. cac 26. dx 102. cheryl: stocks are all moving higher. japan's nikkei up a quarter of a percent. shanghai composite china of three quarters of a percent. >> apple moves towards becoming the first trillion dollars company and the stock market. what is next for apple in the tech sector. "fbn:am" continues right now. cheryl: and it's almost 5:30 a.m. in new york. tuesday, june 5th. i'm cheryl casone. >> and tracey carrasco and for lauren simonetti. cheryl: i'moping the next big thing will be the apple cart. tracee: imagine not win. in hours, millions of voters will head to the polls in eight states. big ras watch. california, new mexico and south dakota. congress is up for grabs in montana, iowa and new jersey, alabama and mississippi also holding primaries today. tru

i like the s&p 500 but i'm perfectly satisfied with the vanguard total stock market index fund.broader. maria: what do people need to know about their 401(k) plan. i feel like people put their money in the 401(k) and they don't necessarily know what the plan is invested in. is there any advice you want to give us in terms of managing their 401(k) plan? >> well, the less you manage your 401(k) plan the better. make some choices, asset allocate -- allocate your assets, to some degree based on your age, and you can do that of course through these popular target date retirement plans in which vanguard is so totally dominant it's almost not worth talking about, and gradually build up a bond position over a period of time. but the other option is even simpler and that is buy the balanced index fund, you'll be 60% in stocks and 40% in bonds for the rest of your life and that may even be a better strategy. only time will tell. maria: it's so important, jack, just this week we learned that the social security fund is going to be tapping into its fund for the first time in 36 years. peopl

stock markets have fallen around the world after the us threatened to impose more tariffs on china. beijing says it will respond in kind and has called on president trump to be more rational. and a clip of the french president has gone viral. emmanuel macron was far from impressed when this teenager addressed him informally as "manu", during an official visit. putting the boy firmly in his place, mr macron told him "you call me mr president." that's all from me for now. stay with bbc news. and the top story here in the uk: the government has announced a review of the use of cannabis for medicinal purposes. it follows a series of appeals from parents who want their children to be able to access drugs derived from the banned plant. now on bbc news all the latest business news live from singapore. us stock markets tumble but asian equity recovers as further tariffs on chinese goods from the us. beijing accuses washington of blackmail. football fever is running high. world cup goals. good morning asia, hello world, glad you could join us another exciting world asia business report. in e

cheryl: taking a look to your stock market futures. ent stories higher than what we've seen the last few days. the dow down six days in a row. the dow was down 124. s&p of 9.5, nasdaq up 23.5. cheryl: stocks in asia seem green as well. the shanghai yuppie quarter of a percent. the hang seng up three quarters of a percent. >> optimism is feeding into europe as well. the ftse up 96. cac and dax in the green as well. gerri: did tom brady just hint at his retirement? "fbn:am" continues right now. cheryl: 5:32 a.m. in new york and it's wednesday, june 20th. good morning, everybody. i'm cheryl casone appeared gerri: anat gerri willis. that is the debate. the immigration debate. homeland security secretary kirsten nielsen forced out of a mexican restaurant last night after an angry socialist mob confronted her. listen. >> shame on nielsen, shame on trump. shame on nielsen, shame on trump. shame on nielsen, shame on track. gerri: can even go to dinner. senior policies at the independent women's forum. state representative and republican u.s. se

one the most horrifying things you can see in the stock market is a powerful rally in the wrong stocks, general mills. that is trouble. without any understanding of the damage it is leaving in its wake for the rest of the market unless there are vast sums of money coming in to the sidelines. you need to more cautious. when you see the defensive -- in order to time when to expect more of a sustained rally. in the meantime, look for opportunities to buy high quality names where the stocks and not companies are broken and beware of management, only to see the stocks go right down. remember, the coast isn't clear until the vast pro preponderance of stock groups go higher. maybe it is something worth waiting for. "mad money" is back after the break. ♪ south l.a. is very medically underserved. when the old hospital closed people in the community lived with untreated health problems for years. so, with the county's help we built a new hospital from the ground up and having citi as an early investor worked as a signal to others to invest. with citi's help we built a wonderful maternity ward an

know wolf richter over there does a lot of analysis of the housing market of the auto market of stock markets of bond markets and he says you know he looks at what's overvalued what's not and he gives some reasons for it so it's a good sign we've interviewed him many times but his article here on these dot com shares and there are soaring valuations in the soaring stock market he's got an interesting explanation for this huge new prop under the stock market is a one time affair crash insurance with an expiration date but it's working while it lasts in may with great and perfectly orchestrated fanfare u.s. corporations announced plans to buy back one hundred seventy three point six billion dollars of their own shares sometime in the future it was the largest monthly buyback announcement ever and some of the announcements were expertly time to overcome operational debacle so again he's looking at their actual results and he sees a lot of operational deficiencies there that would normally impact the stock price but they have time to. share buybacks to have huge announcements biggest ever one hun

what the market is flying many stocks are in bull market mode, you don't need to worry about most of positions when you're on the defensive, you need to recognize many stocks you bought during better times may not fit the new environment. when the economy is slowing and the market is getting slams you can't hang on to everything. if you try to defend your positions in a market that turns against you that is a recipe for you to get blown out of the stock market and when i say "defend" i mean you can't treat a declining market like it's a buying opportunity where you just keep chipping away. you'll quickly run out of capital. anyone would maybe you'd be unprepared to buy more if we go lower. yet when the market gets negative, you need to get more select selective. that's why i rank my stock at all times for my actionalerts.com members one are stocks i buy right now, three is stocks i sell that way i know which stocks to defend when things get tough and i know which ones to cut or use the sources of capital to buy the one, let's say tech is getting hammered but you think it will rebound

you know, november 10th, 2016, all these -- oh, my, global markets are going to collapse, the stock market's going to catecait kra . t"the new york times" had to admit today that things are crazy good. >> wow. because i remember my great friend paul krugman thrashing all of us and saying that the economy was going to go into a deep recession, and the stock market was going to crash. i guess the day after the election. so it's a little bit different, the reality. today was another great day for jobs, up 223,000. wages are rising. unemployment is falling. >> laura: we went through it all. >> small business numbers did very well again today. manufacturing reports did very well again today. it's never perfect, but we're on the right track. and you know what, the big issue for my critics and the president's critics and the economic area, you'll never get to 3%, you can't beat 2%. well, right now, we're running four quarters, 2.9%, and the second quarter, according to the atlanta model gdp now, 4.7%, that's their estimate. i'll be happy with 3%. >> laura: when was the last time the economy had a q

know wolf richter over there does a lot of analysis of the housing market of the auto market of stock markets of bond markets and he says you know he looks at what's overvalued what's not and he gives some reasons for it so it's a good sign we've interviewed him many times but his article here on these dot com shares and there are soaring valuations in the soaring stock markets he's got an interesting explanation for this huge new prop under the stock market.

began data didn't end up mattering that much in the stock market it mattered to the wood market and this may not matter that much, but it's certainly -i mean, it's almost pro rated to the stock market but it is shocking >> it's different. >> shocking rocket i mean, rocket man now putting that bac rocket man and, you know, back to the pop song. >> yeah. elton john's song, once again. >>> a t to process here not the least of which is the relationship with south korea. >> they've been throwing cars at us in order to make it to the bullwork they're able to do it i want to know what is -he did negotiate a bilateral south korea but i think there's a lot of pressure on south korea to start doing things a little bit more on the road. >> and now they're, i guess they're learning more about the war ga at least for now. these >> that was interesting. >> yeah. our chief international correspondent has been working e and can tell us what happens next, including pompeo moving to seoul. hi, michelle >> reporter: yeah. that's the next stage of diplomacy begins here, carl. thank you so much. you hit a lo

traders having a tough time making sensef why i call the yo yo stock market. the white house backing off s of those harsh measures to restrict chinese investments in the u.s. the reality is, trade issues and a potential trade war are f from over. tech stocks wasted no time rolling over, so semi-conductor names that would be -- utilities, consumer staples, they all closed higher. bank stocks haven't budged. that a record. goldman sachs, morgan stanley they're down 20% fl their recent highs. they're in bear market territory. these banks are getting hammered by fears of a flattening curve.y enid provide some relief today. oil is over $72. oil is a much smaller sector than banks and technology. we're coming u on the end of the month and of course the end of the second ioquarter. pe funds and other groups are likely moving around a lot of money. h they'ring to rebalance their holdings. for "nightly business report," i'm bob pisani at the new york stock >>> and, by the way, today's strange market was just another example of what has bee an unusual year for stocks mik

we'll get you in in a moment >> is that a different group of people the base of the stock market is it a different mix? >> one company i have that gives no guidance is costco. that stock has done well there have been quarters they'll have quirks in the numbers here and there that trips the market up. that's more rare but overall, the stock's doing well a company like home depot. a perfect example. they don't give quarterly guidance but they give longer term guidance when they articulate it one or two years, they're talking about the investments they're making they're preparing investors for the impact of the investments in their quarterly results. >> marty, what do you think about all of this? >> i come from the perspective that for 20 years i was on the management side and running a company. and having to go through that quarterly treadmill of meeting

stock market futures on the right. dow jones down five points, s&p data point in nasdaq down 12 points. turning to european stocks opening closer across the pond. a strong reaction to the fed in the european central bank today. every market we watch in the red. kristina: fed stocks under pressure. down almost 1% in stocks and create down nearly 2%. cheryl: back at home, a new feature that will make i felt even more secure. that's good for all of us. maybe not so good for the police. "fbn:am" starts right now. 5:01 a.m. in new york. thursday, june 14th. by the way, president trump's birthday today. if you're watching from a heavy burden day. good morning, everybody. i'm sure personae. kristina: enzyme kristina partsinevelos and for lauren simonetti. cheryl: your iphone will be more secure. first, the big news of the day. a potential bidding war brewing over 25 century fox. breaking the news right here on the network yesterday. comcast making an unsolicited $65 billion all cash offer. an 18% premium over an offer from wal

asset stocks i do want you to have what is known as exposure, that is a technical term, to the stock market and i try mightily to convince you that it is worth it to do so stocks have created so much wealth over time if you don't believe me, read warren's buffet golden anniversary. why do they work they represent the sum progress. you get to be along for the ride and i want you to be along for the ride in that responsible way which is most definitely owning an index fund. i like a fund that gives you a total return and offering that is found among various fund houses. if you aren't offered one, then of course go to the s&p 500. here is my bottom line, the show has changed over time from when we pick stocks for you, to one where we educate you about stocks there is only one problem, we know you like stocks too or you wouldn't be watching. which is why when we come back, we explain why we bother to delve in individual stocks as well after we profess undying love for index funds as the way to go. larry in massachusetts. >> caller: your nightly focus sessions remind me of roosevelt's fireside c

best any '90s it was the stock market. re the financial collapse it was the housing market. what aboutno is it bitcoin? >> i don't really see the excess that would bring a recession right now. as you say, it's hard to see that. you also don't have the policy, you don't have an inverted yield curve, or, you know, we've only had excessive confidence for maybe a year. but there are some that could be problematic. i think private on equity is in a bigger bubble that is the -- there'seen a lot of investment in that over this entire cycle, a lot more companies have gone private. we don't know much about that market. losure, t of less di which makes it riskier overall. so i do wonder a bit about that possibility a a growing risk. we do have, you know, still sluggish growths in many parts of the world.eu pe, for example, even emer emerging worldlowing down that could raefrt than the u.s. dying and killing oes the of the world, make this time it's different. there's risk whenever you have a recovery approaching ten years, but i've got to admit, i don't see it. i think the recoveries

the stock market going lower can cause a recession. i know that might sound somewhat counterintuitive. if the 70% of the economy is driven by the consumer and it's an overlay of the stock market. stock market feels good and feels great they spend money. if the stock market starts to back off, people don't feel as strong about things, our economy gets weaker and then it feeds on itself. >>> tech failing to buck the selling trend today. is there more pain ahead our next guest thinks so. he's over at the plasma to make his case. what are you looking at? >> thanks for having me. it's great to be back. i want to talk a little bit about tech. we've been positive on tech for some time. what we're starting to worry. everything is coming up roses. what we're concerned about, really, that's causing a concern, it's actually causing a paranoia and perhaps it's just our catholic guilt but at the end of the day you're seeing preannouncements to the positive sides, analyst upgrades and every time we talk to clients, to analysts, to corporations, it's

down well very ugly because we've seen the stock market go way down then it would back up ok but this is proving my point steve ok we have these really good extremes going on here the markets are down the stock market is doing very very well everybody knows that but when we made the announcement i think it dropped two hundred fifty points again this predictability that's the issue i'm trying to highlight here and also here what they what two hundred fifty points with all due respect and today's market of twenty five thousand two hundred fifty points is nothing so are you saying well we're actually here on the right the edge we're already there we're action ok we're going to jump in here we'll continue our shouting out the guy thing when he got out but after a short break we'll continue our discussion on trade war stay with our team. you can see a good. church secret indeed catholic priests accused of sexually abusing children can get away with it would literally like to call this the do graphic solution so what the bishop needs to. do then he finds out that the priest is is a perpetra

known well you know how many many times have we seen the stock market go way down it did then it would back up ok but this is proving my point steve ok we have these really good extremes going on here the markets are down the stock market is doing very very well everybody knows that but when we made the announcement i think it dropped two hundred fifty points again this predictability that's the issue i'm trying to highlight here and also here what they what two hundred fifty points with all due respect today's market of twenty five thousand two hundred fifty points is nothing so are you staying home where are you i don't really care either at the edge worried a reaction ok we're going to jump in here we'll continue our shouting out the guy thing when he got out but after a short break we'll continue our discussion on trade or stay with r.t. . to. compensate anything he was. to say. you can't fire you know it won't be another election until twenty twenty and he's gliding into twenty eight so you probably won't even lose many representatives of support in the in this election and this y

meantime, billionaire hedge fund manager who had called the 1987 crash is now predicting a stock market rally into the year end paul tudor jones sat down with andrew, and this is what he had to say >> if you were running the fed right now, what would you do >> i think rates would be 150 basis points higher right now. it's where they should be. we got 3.8% unemployme and negative real rates, and we have a 5% on the way to a 7% budget defic deficit. the last time that we had unemployment rate where it is now was 2000 we were running a budget surplus at that time 2.5%. you're talking about bond scarcity at that time, and now we've the exact opposite we got fiscal policy that literally came from another gal laxy, and we have monetary laxity, and that brew got the stock market so jacked up. >> and what do you think it's going to happen in the third or fourth quarter, though >> i think we'll see rates move significantly higher beginning some time late third quarter, early fourth quarter, and i think it'll be interesting because i think the stock market also has the ability to go a lot higher

known well you don't have very many times have we seen the stock market go way down then it went back up ok but this is proving my point steve ok we have these really good extremes going on here the markets are to the stock market is doing very very well everybody knows that but when we made the announcement i think a drop two hundred fifty points again this predictability that's the issue i'm trying to highlight here and also hear what two hundred fifty points with all due respect and today's market of twenty five thousand two hundred fifty points is nothing so are you staying home which is where you actually are the really the edge worried or worried action ok we're going to jump in here we'll continue our shouting not the guy saying what he did but after a short break we'll continue our discussion on trade war stay with our team. i've been saying the numbers mean something they matter to us is over one trillion dollars in debt. in ten dollars timestamping each day. eighty five percent of global will you long for the old bridge with six percent market thirty percent i just want to s

but around the world. >> have eseen that in other countries, where the stock market increases along withhe economy as a result of more female labor participation >> around the world, the stocks are really heavily influenced by the united states because the u.s. makes up over half the world's stock market and the u.s. economy is largely driven by consumer spending. so the more a country exports to the united states, the more sensitive they get to our gdp growth so for example, korea exports about 4.6% of their output to the united states. and that's a very large amount as compared to say like japan. >> so to the spirit of sarah's question, am i understanding you correctly, that in countries where you have seen an increase in female. labor for the participation you have or you have not been able to correlate a rise in stock market capitalization? >> well, what we are looking at is how the increase in the u.s. female labor force would increase the other countries. >> but on what do you base that if you have not been able to track a similar empirical result in other countries >> what we base

known well probably not only because we've seen the stock market go way down then it went back up ok but this is proving my point steve ok we have these really good extremes going on here the markets are to the stock market is doing very very well everybody knows that but when we made the announcement i think a drop two hundred fifty points again this predictability that's the issue i'm trying to highlight here and also here what they what two hundred fifty points with all due respect in today's market of twenty five thousand two hundred fifty points is nothing so are you staying home which is where i don't really care although they were already there were action ok we're going to jump in here we'll continue our shouting on the guy thing when he got back after a short break we'll continue our discussion on trade for stay with our team. joining me every thursday on the alex island show and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you there. radially reinforce rammed earth bricks is what they really are. this more than seventy houses

have your position over the summer is the time to get into these stocks en masse >> you can't market it. >> yeah, actually, on this narrow topic of timing the election, you can, with each election in the summer is where the vitriol gets the highest and the stocks get beaten down >> you have celgene and amgen and the big ones >> we're going to leave it there. >> josh, thank you very much >> jus ahead, the trades on lululemon, workday, and more in the blitz. that's after this. this is a story about mail and packages. and it's also a story about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you theextreme risk of burstd a pipes and water damage...y... soon, insurance companies won't pay for damages. that is, not if they can help prevent damages from happening in the first place. at cognizant, we're turning the industry known for processing claims into one focused on prevention with predictive analytics, helping them proactively protect the thi

the nasdaq declining .9% many bulls were hardened that the stock market sclclawed its y back up. it shouldn't have become as a surprise and the market shouldn't have been hit all that hard in the first place. if china decides to respond aggressively, and tariffs do sound aggressive, so we probably will get hit again so don't get cozy about the rebound. now with that in mind, let's go to our game plan for next week this could be a tumultuous series of days particular with the new tariffs that just came out tonight many investors believe the president will be rational and the tariffs will be put off eventually that is not president trump's idea of rational listen to what he says about trade. he doesn't blame the chinese for taking advantage of our lays a fair policies. he blames our previous leaders whether or not that is a useful way to view international trade, that doesn't matter. like some sort of judgment, like he doesn't know what he is doing, he is the president of the united states. it is how the president sees the situation that matters to wall street the president wants to

every time the stock market every time there's an announcement. here's an announcement out potential trade wars the stock but potential trade wars the stock market goes way down and arc it goes way down and also companies both in china maltais also companies both in china multinationals in china where the nationals in china that what where you get out why was i was where i'm down why was i was well down where i have found where i was and how many how many times have we seen it and how many how many times have we seen the stock market go way down then it was off the market go way down then it would back up ok this would back up ok but this is proving my point steve ok we have to prove my point steve ok we have these really good extremes going on here these really good extremes going on here the markets are to the stock market the market soared the stock market is doing very very well everybody knows that it is doing very very well everybody knows that but when we made the announcement i think but when we made the announcement i think a drop two hund

for global stock markets, it is seen as a negative. it is seen as negative for the stock markets. however, a major positive is that we are continuing to see significant growth in the u.s. economy. the u.s. economy is continuing toto grow on a consistent level and d is showing no signs yet tt the higher u.s. interest rates arare actually waititing on u.s. economic, which is good for the global economy as a whole, on the basis that if the u.s. economy is performing well, it should lead to some positive ramifications of it later, because it was the u.s. economy that entered the global financial crcrisis first in 200. it appears to have exited the crisis. we need to see signs of growth in europe, including the united kingdom. of course japan as well. olivia: finally, the historic summit is over in singapore, but local businesses are still feeling the effect. yuka: whether the summit on tuesday will bring about lasting peace on the korean peninsula is yet to be seen. for singaporean businesses, the events were immediate and fruitful. a trump cocktail very popular among thousands of jou

threatens even more terrorists on china world stock markets just as washington ask laid it out. trade row with beijing. also on the show by obama said a one german answer printers are getting ready to leave turkey and blame a declining economy under the current president. this t w business live from berlin . after its shock arrests yesterday german luxury comic audi has announced a temporary replacement for c.e.o. who got started but i'm sure it will take over as acting c.e.o. while startling remains under arrest shorter's a member of out his board of directors ways serve as head of marketing and sales shake up started when prosecutors arrested former chief executive start love they were concerned he was attempting to influence witnesses in the criminal investigation into the diesel emissions scandal at the steering wheel of audi for eleven years that's a quick check on how the markets are taking all this in with parts who's standing by in frankfurt willie brown short is he the right man for the job but why did it take so long to replace starter. i don't think there's an answer

are how the companies perform and if you look at the us stock market, most major companies are doinginess terms, there are only eight countries in the world which are in recession and those eight are war—torn countries like yemen, for example, if this trade war continues, and we see these issues bubbling, will this growth continue? it will be the magnitude of these trade wars. it is a little bit tipped attacks. he chinese economy, china will probably expect what has been happening. you can see an expected back and forth in the negotiations. currently nothing serious has happened. that is not a major commodity in a global economy these days as it was 30 years ago. it sounds a bit like dick cheney but the markets like the certainty of uncertainty, yes? markets like to train on volatility. —— trade. they like that. they like the unpredictability of donald trump as long as it's not damaging. would you like to access cctv in your area? long as it's not damaging. would you like to access cctv in your area ?|j find this kind of creepy. 0pening like to access cctv in your area ?|j find this

facebook hasn't been able to crack the market neither has amazon, nor netflix which stock was up huge today. and alphabet's google. google hasn't been willing to play play. f.a.n.g is going to rally the most because f.a.n.g isn't china. china is now gm's largest market still the stock got hit today just like boeing some are betting that gm is going to be a loser there. if you want to do business there, you need to partner up with a local company they are all in bed with chinese affiliate, they would be cutting off their nose to spite their face another reason why the u.s. can win. another point. now politically, china has a clear edge when you have an authoritarian state, you don't need to worry about public opinion you can take it wherever you want it. president trump needs to keep congress happy or they can roll back everything he has done. economically, i think we have a leg up broke down badly last night with more than 1,000 stocks falling more than 10%. chinese government has gone to prop them all up but that is a trillion dollar under taking every time you ask me to recommend a

right now take a look at how the stock market ended the week. >>> home health aids are in high demand we have more on what it takes to be a successful caregiver. >> you introduce yourself and that's a lot for me. >> the 39-year-old is in a room. some 3 million home health aids. >> it is considered the fastest growing area of employment of that period of time. the demand will grow as we see the ageing of the population >> every single day 10,000 seniors and over 90% of them want an age at home. it can make the live of families and clients much easier. steady opportunities for work rs and row walks. >> home watch care givers gives background checks and trains vee yan an online course aids say the work pays off on a typical day she may help a patient get out of bed, check their vitals >> very good pause >> or perform lighter tasks like keeping a patient company. >> when give the care the clients or family members appreciate whatever little i do. >> because there is so much demand and shortage of ages that have a more demanding client tell they are starting to see waging pick up, a trend

tuones famously called the stock market cash back in october of 1987. >>> and today's upgrades an. downgrad dumont mine grading was rated from morgan stably the potential approval of new projects and price target now $40 and that stock was up slightly to $38.79. that same analyst at morgan stanley downgraded brett gold from equal weight and the firm said the stocks underperformance looks set to hrntinuegh the rest of the year, price target now $12 and that stock fell a fraction to $13.16. >>> twitter price target ras raised to $50 in morgan stanley and one of the highest and the nall sites the potential for higher advertising revenue and the firmaintains the over weight rating on that stock as well. shares rose 5% to $43.49. still ahead, the biggest problem facing small business owneri >>> general motors is watching development on trade very os y. gm ceo said today the automaker has not altered its investment plans but she did add that the uncertainty will have s somet of impact eventually. >>e we seeing cost increases but again i think there is still -- depending on how decisions

if it's going to be a bear market, those stocks would be working. >> what's your sense of when the markett know if yo call this a panic, a 1% move in the dow with the amazing run-up it's had sometimes reacting quite differently to them. >> there hadn't been a little diminishing effect that's mostly because small caps and tech gave you a place to hide on a given day. i think the market really wants to resist the idea this is a broad-based game changer s&p 500 earnings estimates are not going down very much >> going up in some cases. >> and now if that's kind of the head fake, that's your problem the folks at b of a merrill are saying a lot of this looks topee right now. the corporate fundamentals are hanging in the u.s. credit markets are fine it's not as if we're seeing ancillary panic out there. >> a ton of issuance on corporate debt big week for ipos. >> we're swallowing it so far. is the market just growing tired at the wrong time when a lot of thyse these headlines are a bit unfriendly the s&p has not proven itself. didn't get back to the march highs. it's lost june's up side already.

they are paying attention to the stock market.want to see necessarily a tail spin as a result of their poli they are trying to considlarify there are just four different voices and it is hard to reconcile all four of them into one policy. i think the bottom line is china technology and intellectual property. unfortunately steel and autos are collateral damage hoping to protect intellectual property here at home. >> is what you are saying that you think this administration actually doesn't have a high tolerance for a lower stock market and that is why they sent him out just ahead of the closing bell to walk back some of the worst of the investment restrictions that have been outlined in the papers and that they are not going to go so far to let the market fall >> i think so. i think this administration is looking at the stock market as a barometer of their success. and while i do think that they do want to push these trade policies, they don't want to also put the stock market at huge risk. that said, for everyone percentage point

are monitoring all of this with a great concern i talked earlier to an asset manager here at the stock market he told me that his very wealthy clients are already very concerned in these days lots of factors also weighing in also the situation the german government more political chaos for anglo-american and of course donald trump he is really for so many completely unpredictable even though c. n.b.c. reported today that for the first time the majority of americans approve trump's handling of the economy all of this is seen here completely different when you go person for the thank you. and let's bring in mark fried today she author of the crash is the solution why the ultimate collapse is coming and how you can protect your wealth moch are all these signs that a crash is around the corner to this trade war the sentiment here in germany right now the political situation as well we aren't in term of states definitely and we see it economical s. political that we see apparently can shift it everything changes and that you see for example is printing every day one billion euros to buy government