TRUMP MAKING BIG NEWS TODAY,
ANNOUNCING DURING HIS VISIT TO
THE NATO SUMMIT IN LONDON A
CHINA TRADE DEAL MAY HAVE TO
WAIT UNTIL AFTER THE 2020
PRESIDENTIAL ELECTION WATCH
THIS.
>> THE DEAL WITH CHINA I WANT
TO MAKE IT IF I WANT TO MAKE
IT, IF THEY WANT TO MAKE I
WANT IT IS IF I WANT TO MAKE
IT.
AND -- WE WILL SEE WHAT
HAPPENS.
BUT I AM DOING VERY WELL IF I
WANT TO MAKE A DEAL I DON’T
KNOW THAT I WANT TO MAKE IT
BUT GOING TO FIND OUT PRETTY
SOON?
>> SOME WAYS IT IS BETTER TO
WAIT UNTIL AFTER THE ELECTION
WITH CHINA, BUT I AM NOT GOING
TO SAY THAT I CAN THINK THAT I
JUST TELL YOU IN SOME WAYS I
LIKE IDEA WAITING TILL AFTER
THE ELECTION FOR THE CHINA
DETAIL BUT THEY WANT A DEAL
NOW WE WILL SEE WHETHER OR NOT
THE HE WILL DO A IS GOING TO
BE RIGHTETS GOT TO BE RIGHT?
>> WITH THAT FUTURES
COMPLETELY REVERSED COURSE
DROPPING IN PREMARKET, ALL
MORNING, ALONG WITH YUAN KRUNZ
INVESTORS HOPING FOR QUICK
PHASE ONE DEAL TO MINIMIZE
MARKET VOLATILITY NOT SELL,
THIS MORNING LOWE’S DOW
FUTURES DOWN 234 S&P FUTURES
DOWN 21 NASDAQ FUTURES DOWN 75
% LOWER ACROSS THE BOARD
JOINING US MARK LEHMAN, A
PLEASURE TO SEE YOU THANKS FOR
BEING HERE?
>> THANKS, MARIA
MARIA:  I FEEL LIKE HE WAS
AD-LIBBING THERE.
>> FELT LIKE --
>> WHAT DID I CALL IT EARLIER.
DAGEN:  SPITBALLING TOSSING
IDEAS OUT THERE I HAVE A
THEORY I AM GOING TO WAIT TO
SHARE GO AHEAD.
?
>> I MEAN.
MARIA:  HOW MUCH OF A WORRY?
>> THE MARKET LAST TWO DAYS
4500 POINTS THAT IS 2%, SO
THAT IS NOT NOTHING WE HAVE A
NICE FOURTH QUARTER GOING INTO
END OF THE YEAR PROBABLY MORE
OPTIMISTIC THAN AT ANY TIME
THE REST OF THE YEAR, AND THAT
IS THROWING WATER ON THAT
PROBABLY NOT GREAT GOING INTO
FOURTH QUARTER SAYING I WILL
DECIDE NOT UP TO THEM IT IS UP
TO ME I WOULD EXPECT IF
RHETORIC CONSIDERED MORE DOWN
DAYS THAN UP DAYS?
>> CAN WE TALK CURRENCIES A
PRESIDENT PUTT TARIFFS ON
ARGENTINA BRAZIL, CHINESE YUAN
FALLING ON THIS USE TALK ABOUT
DOLLAR WHERE IT STANDS HOW
MUCH INCREASE IS MARKET FORCES
IN ACTION HOW MUCH IS YOU KNOW
TRADE ACTIONS BY OTHER
COUNTRIES JUST TRYING TO HURT
US?
>> I AM NOT SURE SOUTH
AMERICAN CURRENCIES ARE THE
REFERENCE POINT OF ANYTHING TO
AMERICAN DOLLAR I WOULDN’T
EXPECT -- THEY HAVE BIGGER
PROBLEMS INTERNATIONALIST
TRADE SOME COUNTRIES YOU JUST
MENTIONED.
LISTEN, WHEN THINGS GET TILL
ABOUT TO MARKETPLACE IN 30
YEAR INVESTING AMERICAN THERE
ARE A HAS BEEN PLACE OF
STRENGTH SAFE HAVEN CURRENCY I
GUESS THAT IS GOING TO
CONTINUE THE REST OF MY
INVESTING CAREER BECAUSE THAT
IS WHAT IS HAPPENING I AM NOT
SURE SOME ARE BASED ON TARIFFS
THEY ARE MORE BASED ON
FUNDAMENTALS WHEN WE LIKE OR
NOT OUR ECONOMY CONTINUES TO
CHUG ALONG IS PROBABLY THE
BEST ECONOMY GOING?
>> ISN’T IT MORE THAN CHUGGING
ALONG WE HAVE INCREDIBLE
WEEKEND OF SHOPPING NOT JUST
CHUGGING ALONG?
>> MY POINT WE HAVE BEST
ECONOMY IN WORLD SOME
WEAKNESSES OF CURRENCIES RIGHT
SAFE HAVEN CURRENCY GLOBALLY?
>> WHAT WE SEE DOLLAR GETS
STRONG IT BECOMES A FOCAL
POINT IN TRADE WAR DO YOU HAVE
TO START WATCHING THIS AS AN
INVESTOR, DOLLAR GETS STRONG,
MAYBE THAT MEANS NEW TARIFFS,
STOCKS COME --
>> I THINK THE MARKET IS
TELLING YOU THAT WE’VE SEEN
LAST FEW DAYS RHETORIC GOT
LOUDER OUR CURRENCY GOT
STRONGER FEEDS ON HE ITSELF I
THINK WE DO MAYBE, HAVE TO
TAKE A BLITZ OF A STEP BACK
AND FIGURE OUT WHAT THE
RAMIFICATIONS ARE, BECAUSE
SPITBALLING MAY NOT BE TO WAY
TO GO TO POLICY JAY LOOK NO
FURTHER AS PROOF OF AMERICAN
GREATNESS, THAN BIOTECHNOLOGY
BIOTECH STOCKS TALK ABOUT
OUTPERFORM YOU TILL SAY
UNDERVALUED UNDER OWNED A
CATALYST COMING UP?
>> THIS IS YOUR SPECIALTY?
>> THIS IS OUR SPECIAL STEELE
JANDP SECTOR COVERAGE
ONCOLOGY -- CENTRAL INFORMS
SYSTEM CNS, THIS QUARTER
OVERALL PERFORMANCE GREAT FOR
MARKET, WE’VE HAD OFFER HALF A
DOZEN STOCKS THAT ARE UP OVER
100% THIS QUARTER THAT IS NOT
JUST BECAUSE PEOPLE DECIDED IT
WAS THEY WANT TO GET BACK IN
SECRETARY OF STATE THAT IS
FUNDAMENTAL NEWS LOOK AT TRADE
WARS LOOK AT INVESTIGATIONS
LOOK AT ALL THINGS GOING ON
FUNDAMENTALLY POTENTIAL FOR
SLOWDOWN RUST BELT ET CETERA
NOT SLOWING DOWN NOTIFICATION
IN LIFE SCIENCES HAS
DEFINITELY NOT SLOEDZ DOWN
WHAT WE’RE SEEING MORE
APPROVAL MORE RARE ZS CURED
