Very important podcast and author of the new book american oligarch. I found it incredibly detailed and informative. One of the first things that struck me reading the book is it like youre the perfect person for this because yo they have immersed yourself in a dork new jersey politics for a career and now we have not only trump and kushner with so many others running for president. Theres cory booker, rudy giuliani. Right now why do you think there are so many news workers and folks at the upper levels of power in american politics . Guest it is such an interesting question because for so many years but i was covering in the politics is new york and in the cold. Not of course people like Harvey Clinton who ran for president but somehow because new york was iowa or New Hampshire really wasnt in important states except for fundraising purposes and one of the things that happened when trump is elected president has to she was so of this world i have been covering, a world of the new York
A couple of hours ago that if they want to keep pressure on the government and they have to keep out in the streets and people seem to basically be taking the advice the organization of american states is all so weighed in saying that there should be a 2nd round to give some certainty about whats happened here so far president reillys is resisting that he said that its only a matter of time before the electoral tribe you know who says an outright win thing him without any need of a 2nd round. Well still had hail now because there are a move by promises of economic reform that builds protesters continue that fight for political change. Will tell you why angry crowds surrounding the home often a few people trying to put stuff through standoff with police. We got some rather wet weather gradually making its way into western parts of china over the next couple days further east its looking well chief on a dry spell with decent amounts of sunshine to come through here that will if temperatu
Peaceful assembly but also the right to life and bodily integrity there have also been cases of Sexual Assault things that cannot be tolerated. On wednesday some secretary of the interior said he expects that any alleged Human Rights Violations will be thoroughly investigated. We are live in state of emergency and im really tired. But this doesnt not just to fight human rights abuses. Well the majority of protests in the country have remained peaceful theres also been widespread vandalism and hundreds of businesses have been looted a military enforced curfew has been announced for a 5th night in a row and has been extended to other cities of cheating the concern now as more people continue to join in the demonstrations and violate that curfew is that the violence that weve seen over the past few days will only worsen. Between protests that continue to intensify and a government who seems unable to regain the trust of the public. A peaceful solution to the unrest appears to remain out o
Who holds himself out as paragone of d. C. Virtue. Now, seriously trying to topspin today to protect his own personal miss. After a stinging rebuke by the doj Inspector General who found dozens of times comey broke the rules. He is a dangerous example for fbi workers. That is what the i. G. Says. He failed to protect Civil Liberties in order to manufacture a special counsel probe to bring down trump. The debate how comey embodies everything voter fears about the deep state. How comey again, today, continues to be disingenuous with misleading tweets. Also, more officials could be in trouble. To the markets, popping news on china, now wants to resolve the trade fight. Those china tariffs do kick in on sunday. The hot debate, stopping this fight, will it stop the medias recession obsession . We have pro and cons debate there. Democrats reportedly ringing a fire engine red alarm bells. Democrat national committee. The house is on fire. Youre still smoking in bed. Youre making same mistakes
Falling back below 2 . As i said, the s p 500s essentially flat at this moment. The dows just lower the nasdaq down 0. 1 the russell looks down a full percent as regional banks down almost 2 . Joining us for the hour today to break down the Market Action is steve grasso from stuart frankel. Great to have you with us. Good to be here whats your take on this sort of softish session only a day or so after great positive trade news . You have a holiday week, so you have a shortened, abbreviated week you have people looking for either you had a rebalance on friday, you had end of quarter, end of month, end of week. People are starting to take a big, deep breath in. Seeing where they want to reassess, and and redistribute their Equity Holdings its all about the fed people are on fed watch right now. Thats really the only thing that is taking up the brain of a lot of the Market Participants right now. Even though trade is all over the headlines, its still fed. Fed still cut, but the trade tru