Ferro. In the equity market, posited by 0. 1 . We go to the commodity market, brent 94 94. 93. Tom i take your point, oil is game changer here and it is not 95, it is how we got here. Can you imagine 97 . Why cant you extrapolated out on the edge of 100 . Right now we are at 100 per barrel. Jonathan what is it influence, what does it change . We have to ask a question from the Federal Reserve into tomorrow. Does this change anything for policy and for forecast next year . Lisa ellens that never says no at Morgan Stanley and another at moody say it could be game changer. Saying anything over 100 for any length of time and we are going to be very sick. On one hand, you have to think about what this might do with a diff disinflationary way but also good prices as Mohamed Elerian was changing. Game changing for inflation or growth . Lisa its a great question. We dont really understand. I dont really understand what the major driver is. Is the demandside or supplied cuts. If you have demand
This is the show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. But first lets get a round up of the news with sebastian salek. Sebastian President Trump has won the latest round of the head of the Consumer Financial Protection Bureau. Thateral judge has ruled Mick Mulvaney can remain acting head of the agency. By thected a bid bureaus deputy director. She is likely to appeal. Wells fargo is facing new problems with its regulator. The officer of the comptroller of the currency because of improprieties in wells fargos mortgage operation. President trump has nominated sometime critic of the Federal Reserve to be a governor of the central bank. Hes a professor at Carnegie Mellon university and a former research director. Earlier, he told congress that the fed had failed to secure the credibility of its inflation targets. The bank of England Governor Mark carney has indicated the u. K. Will review bank bonuses after britain leaves th
It the dollars losing its status as a World Reserve currency and so the population just burns all day trying to nickel and dime each other and the government well this is what you get as well when you have these sort of wealth and income gaps and opportunity gaps is that instead of everybody just having a National Health service or the French Health care system is really good an equal everybodys treated equal here its its its either you are like bled to death or youre given like World Class Health care for nothing for eighty seven dollars a month so those are the only two options so at a certain point and it made so much sense it was so obvious to see this coming is that this couple had eighty five thousand dollars in income and that meant she had to pay that was before taxes by the way so that meant they had to pay two thousand one hundred a month if she just lowered. Two under sixty five thousand or sixty two thousand that she just gets it for free so why go through all that stress o
In on private military contracts in afghanistan they changed. American guys are this is a cause report the show that brings you more news in twenty six minutes and the entire network of them is what. Thats right oh max were going to talk about strategic scams on this episode of the kaiser report and i think these two stories i have here these two headlines juxtaposed together they tell an important story about empire and it is the shrinking wealth home expanding footprint abroad so first im going to look to a story about one of my favorite headlines talked about often and that is the obamacare smart tactic but sad that americans need to be so strategic to afford health care and cornwell considered to drastic strategies in her quest to get Affordable Health insurance premiums last year for herself and her retired husband one was divorce another was taking thirty percent pay cut she chose the latter the maneuver slashed the premiums for the couple who lived in chattanooga tennessee from
Gop is showing incompetence with what he calls, quote, mixed signals. He compared mcconnell and President Trump to abbott and costello. Despite the restoration of a military hotline and at north talks inirst formal about two years, north Korea Remains north korea a great threat. John allens comments to reporters came before you and Security Council meeting on north korea. The council will maintain its unity in ensuring the consequences of defying International Law will be felt by the North Koreans. Because the North Koreans have an opportunity to change course. Added thatsador alan by changing course, north korea could pave the way for greater economic benefits and inclusion for its people. Scientists believe manmade Global Warming caused 2017 to be one of the hottest years on record. Nasa and researchers from berkeley rank last year second only to 2016, even in the absence of el nino which boosts temperatures naturally. The global average temperature in 2017 was about one. 5 degrees f