Agenda on the postelection economy, we are joined i larry kudlow, who is very kind to join us from his vacation time. We are thankful for that. He is President Trumps chief economic advisor. Larry, thank you so much for joining us. Mr. Kudlow thank you for having me, ben. Prof. Peterson i will also have a separate ben i will also have a separate conversation with pat mchenry. You can follow along with the h tag rncpolitico. I want to ask you about what President Trump said in 2016 and even before that when he was running for president. He called the stock market a big fat bubble blown up by the fed that was set to explode. I wonder why it is not the same thing now, given the fed is pumping huge amounts of money into the economy. Why is the stock market not a big factor like you said it was in 2016 . Mr. Kudlow it is a completely different situation today than it was in 2016, dealing with the pandemic. And the resulting Economic Contraction permitted getting the pandemic. Premitigating
Private sector economists, and members of the news media for this annual gathering. As you well know, it has been our custom for nearly four decades to welcome you to beautiful jackson hole, wyoming, part of the regions served by the kansas city fed. And i look forward to returning to that setting next year. With this years online format, instead of expressing my gratitude to those who travel from around the globe to attend this symposium while managing jet lag, i will offer my appreciation to those attempting to manage local time zones with the current time no ranges from 6 00 a. M. Thursday to 1 00 a. M. Friday. This year has been an extraordinary one for Monetary Policy and central banking. Many of the issues that we talked about for some time, including the low level of Interest Rates, slower case of growth, effects of heightened uncertainty, and how to effectively communicate Monetary Policy, have been amplified by the economic fallout of the pandemic. For more than a decade, it h
I was at home when i got a phone call from the director of news at the bbc saying thats the queen was gravely ill. He didnt stand on ceremony or offer any small talk clive, how are you . He simply said the queen is gravely ill and can you come in . And i was preparing to fly to italy on a filming trip the next day and i thought. I should go in. I was in the newsnight office because wed had wind, obviously with a note being passed through the house of commons, that something was happening. I know i speak on behalf of the entire house when i say that we send our best wishes to her majesty the queen and that she and the royal family are in our thoughts and prayers at this moment. And of course theres this big protocol, obviously, if the queen had passed away then newsnight wouldnt be going on. But simultaneously i was getting calls, as we were waiting to see if this event was going to unfold, i got a call from don macinnes who was running the events coverage and he said look, would you be
Also home to russias black sea fleet. All four Teaching Unions in england say they will coordinate strikes if members vote for industrial action. This is bbc news. Now on bbc news. Behind the stories, the monarchy. I was at home when i got a phone call from the director of news at the bbc saying thats the queen was gravely ill. He didnt stand on ceremony or offer any small talk clive, how are you . He simply said the queen is gravely ill and can you come in . And i was preparing to fly to italy on a filming trip the next day and i thought. I should go in. I was in the newsnight office because wed had wind, obviously with a note being passed through the house of commons, that something was happening. I know i speak on behalf of the entire house when i say that we send our best wishes to her majesty the queen and that she and the royal family are in our thoughts and prayers at this moment. And of course theres this big protocol, obviously, if the queen had passed away then newsnight woul
Morning. Nineyearold Prince George. And seven year old, Princess Charlotte. King charles iii says he has been a deeply touched by messages of condolences. He says the country has been moved beyond measure by the millions of people paying their respects. Some of the final public mourners to see the queens coffin are walking past now. Lying in state. Closes at half past six this morning. The National Mission that of silence was held across the country last night. Officials say it will be fixed in time for this morning service. Hello and good morning from Central London, on what is expected to be a grand and deeply solemn day. The funeral of Queen Elizabeth ii will take place in Westminster Abby just a short distance from here. It begins at 11 am. Now large numbers have gathered on the mount. Police say they expect record crowds in the capital. An unprecedented Security Operation involving thousands of extra Police Officers and armed voices personnel is underway. The queen has been Lying