Squawk on the Street: Opening Bell 09/12/2019
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 12 September 2019
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street. |
| 0:04.6 | Don't miss a minute of the action. |
| 0:10.1 | Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintanio with Jim Kramer. David |
| 0:13.9 | Faber at the New York Stock Exchange. Future's up here as the Dow tries for its longest win streak. |
| 0:19.1 | In over a year, some goodwill gestures on trade from |
| 0:22.1 | both China and the U.S. Draghi launches open-ended QE to which the president says the Fed must cut, |
| 0:28.2 | despite the biggest jump in core CPI in a decade today, Jobless claims lowest since April. |
| 0:33.9 | Our roadmap begins with tariff pause. The president agreeing to a two-week delay as a gesture |
| 0:39.4 | of goodwill. Stocks point to a higher open. Plus Eurozone stimulus, the ECB launching a new bond |
| 0:44.5 | buying program. Could it impact Fed decision-making in the next week? And as the Democrats get |
| 0:49.5 | set to debate tonight, Elizabeth Warren, who has been closely watching this program proposing a sweeping |
| 0:55.6 | increase in social security benefits financed by taxes on wealth. The president delaying the |
| 1:02.6 | imposition of some new China tariffs as a goodwill gesture. Additionally, China officials say |
| 1:06.9 | that Chinese companies have started inquiring about prices for purchase of U.S. ag. |
| 1:12.7 | All of this coming ahead of planned meetings between the U.S. and China in early October. |
| 1:16.9 | Earlier on Squawk, the Treasury Secretary described the state of trade between those two countries. |
| 1:22.8 | We've had a series of principal-level conversations. |
| 1:25.7 | We have a deputies meeting planned in the next two |
| 1:28.8 | weeks where the Chinese will be coming here and they'll be working on material in advance of |
| 1:34.2 | the vice premier coming here at the beginning of October to meet with Ambassador Lightheiser |
| 1:38.3 | and myself. So we look forward to hopefully making progress over the next few weeks. |
| 1:43.9 | I said tariffs could go up, they could go down, said he's looking at the 50-year bond, |
... |
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