1 00:00:00,120 --> 00:00:03,560 Speaker 1: Shane, Ryan Bridge, Shane Soldiers here, Harbordesset Management High Shane 2 00:00:03,920 --> 00:00:07,600 Speaker 1: get a Ryan give us an overview of how global 3 00:00:07,640 --> 00:00:09,480 Speaker 1: markets are doing as we start the week. 4 00:00:10,280 --> 00:00:12,119 Speaker 2: Yeah. Look, there's been a few bumps to sure market 5 00:00:12,160 --> 00:00:13,720 Speaker 2: so by this year, but there's a few signs that 6 00:00:13,720 --> 00:00:17,319 Speaker 2: things are starting to stabilize. Last week, USU market was flat. 7 00:00:17,360 --> 00:00:19,360 Speaker 2: Now that doesn't sound great, but it's actually better than 8 00:00:19,400 --> 00:00:21,279 Speaker 2: we've seen for a little while. And it was on 9 00:00:21,360 --> 00:00:24,520 Speaker 2: this sort of more dubbish signals from the US Visual Reserve. 10 00:00:24,600 --> 00:00:29,040 Speaker 2: They were less worried about increasing rates and the market 11 00:00:29,080 --> 00:00:31,479 Speaker 2: continues to struggle with this economic growth slowing down and 12 00:00:31,480 --> 00:00:34,120 Speaker 2: trade concerns. So you todate we're sending the US market 13 00:00:34,120 --> 00:00:37,440 Speaker 2: down three percent. But mister Trump, he's come out and 14 00:00:37,440 --> 00:00:39,120 Speaker 2: said that he will be flexible and tear us with 15 00:00:39,200 --> 00:00:42,000 Speaker 2: China and he may actually his open his stinkingdoms to 16 00:00:42,080 --> 00:00:45,520 Speaker 2: g So could be a better signalants the market's going forward. 17 00:00:45,520 --> 00:00:47,960 Speaker 2: Europe's been the star. The Ryant's up eleven percent year 18 00:00:48,000 --> 00:00:52,440 Speaker 2: to day, all about defense and infrastructure spending. China not badly, 19 00:00:52,479 --> 00:00:55,400 Speaker 2: down two percent, and it's all about stimulus. Here in 20 00:00:55,480 --> 00:00:58,920 Speaker 2: his one, the market was slightly up today a bit 21 00:00:58,960 --> 00:01:01,560 Speaker 2: of strength and aukn Airport ready in main forrat but 22 00:01:01,640 --> 00:01:04,560 Speaker 2: we're still down seven point six percent year today. So 23 00:01:04,880 --> 00:01:07,000 Speaker 2: there's a few months, but we're starting to see some 24 00:01:07,000 --> 00:01:07,640 Speaker 2: better science. 25 00:01:08,319 --> 00:01:12,119 Speaker 3: How worried are they? You mentioned growth? How worried are 26 00:01:12,280 --> 00:01:15,360 Speaker 3: markets about global growth and the prospect? Yes, it might 27 00:01:15,400 --> 00:01:16,119 Speaker 3: be taking a turn. 28 00:01:17,200 --> 00:01:19,240 Speaker 2: It's a really this is what it's all about. And 29 00:01:19,280 --> 00:01:21,040 Speaker 2: you've hit on there. This is why markets are said 30 00:01:21,080 --> 00:01:25,600 Speaker 2: volatile and certainty around growth forecast, particularly rather the trade 31 00:01:26,080 --> 00:01:29,000 Speaker 2: and government efficiency drives. You know, we shouldn't be surprised, 32 00:01:29,000 --> 00:01:31,440 Speaker 2: but we've had a pretty good recovery last year and 33 00:01:31,480 --> 00:01:34,440 Speaker 2: so markets are pretty weary. There's a few data points 34 00:01:34,440 --> 00:01:37,000 Speaker 2: coming up this week that actually might help with that. Tonight, 35 00:01:37,040 --> 00:01:41,080 Speaker 2: we've got US and Russia talking and there's this Purchasing 36 00:01:41,120 --> 00:01:43,080 Speaker 2: manager and this is out of Europe and the US, 37 00:01:43,120 --> 00:01:45,600 Speaker 2: And what a PMI is is it's a lead indicator 38 00:01:45,640 --> 00:01:47,920 Speaker 2: for activity. And then we get later in the week, 39 00:01:47,920 --> 00:01:51,240 Speaker 2: we get, particularly on Thursday, what's called the core Personal 40 00:01:51,280 --> 00:01:54,880 Speaker 2: Consumption Expenditure PCI price indexs and that's what the US 41 00:01:54,920 --> 00:01:57,400 Speaker 2: for the reserve users to set rates. And then we 42 00:01:57,560 --> 00:01:59,640 Speaker 2: end the week on Friday with the University of Michigan 43 00:01:59,720 --> 00:02:02,440 Speaker 2: send the which is all about consumer confidence. There's a 44 00:02:02,480 --> 00:02:05,720 Speaker 2: few real key data points coming up, but we're all 45 00:02:05,760 --> 00:02:07,960 Speaker 2: going to keep watching to see what mister Trumps is next. 46 00:02:08,160 --> 00:02:11,280 Speaker 1: Certainly well Shane, thanks for that, Shane, Solly Harbor Asset Management. 47 00:02:11,919 --> 00:02:15,080 Speaker 1: For more from Hither Duplessy Allen Drive, listen live to 48 00:02:15,200 --> 00:02:18,200 Speaker 1: news talks it'd be from four pm weekdays, or follow 49 00:02:18,240 --> 00:02:20,040 Speaker 1: the podcast on iHeartRadio.