Corrie Driebusch
speaker
416 appearances
8 recordings
1 series
first heard Oct 2018
last heard Oct 2024
Corrie Driebusch’s voice in public audio — every appearance, attributed to the second.
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Appearances
But they were upbeat in a sense that they're going to be having more conversations this coming week.
And that seemed like some sort of progress.
President Trump also, in his public remarks earlier on Friday, said that the U.S.
is, quote unquote, close to a deal with China.
So that also supported the idea that
We're not likely to hit an impasse or not as likely to hit an impasse as maybe was feared a week or two ago.
Yes.
Yes, and investors, and we've spoken about this in past Fridays, that is a number one concern for investors we speak with, is that really high tariffs will be placed on items, and that could severely damage corporate earnings.
Yes, it is.
One of the things that I wrote about in the story on Friday was Citigroup analysts predict that 2019 global growth could be 0.2 percentage points slower if a deal isn't reached.
So that speaks a bit to the stakes.
Yes, and in regards to the retail sales on Friday, another reminder that things are a bit tenuous.
Mattel, the term maker Mattel, issued disappointing 2019 guidance, and its stock had a brutal reaction to that.
It fell severely, triggered a few trading halts on the way down, or a couple trading halts on the way down.
Thank you so much, Charlie.
Yes.
matched
Just in the last seven minutes of trading, the Dow went from having earlier been down about 280 points to suddenly ending just down 60 points and incredibly notching its seventh consecutive week of gains, as you mentioned.
matched
It's hard to really prescribe anything.
matched
Obviously, nothing changed fundamentally.
matched
It could just be some optimism heading into the weekend.
matched
Showing 161–180 of 416 · page 9 of 21
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