lived and then make rates. buying bonds. the only people that helps are bond funds. steve, take out the crystal ball, given everything we talked about, jobs, the variant, fed, inflation, how do you think the end of the year is going to look? steve? i think it s going to be okay. can you hear me there, stephanie? the i think that inflation is going to work itself out over the next six months or so. the fed is going to raise interest rates. it s not going to be the end of the world to have higher interest rates. and i think we ll be learning to live with this covid as an endemic disease not a pandemic anymore. i think that s what i hope is going to happen with omicron here. and then it becomes part of the process of learning to live with it. people come back to work because they re less scared over time. a reminder 1%, 2% interest rates, that s okay. thank you all so much. we ll leave it there.
are expecting, the market is expecting interest rates to start going up, that s when people are going to start feeling it. qe, they call it, not queen elizabeth, buying bonds. thanks for explaining. you bet. still ahead, president trump s attorneys are in court in just moments responding to the january 6th probe. not surprisingly, they don t want to give information to that committee. we re learning of at least eight republicans who were allegedly at the rally, elected to office. live team coverage next. sustainability is essential to creating a better tomorrow. that s why cisco is committed to achieving net zero emissions by 2040. and we believe our smart buildings solutions can help. providing power to reduce emissions, intelligence to eliminate waste,
extraordinary. the media has made this to be bigger than it was. they can start buying bonds. i recommended they start giving individuals accounts at the fed, the bank of england is starting to talk about this, issuing electronic money and with the executive branch, they could inject liquidity, there s plenty of options other than cutting the short-term rate. rob: another topic, we will talk about iran, the president saying he will increase economic sanctions on iran. you wonder how many more sanctions you can level on a country before-year-old set out. we haven t totally cut them off from the exchange system
bonds have a positive yield so as a flight to safety money is coming to the u.s. treasury bond but it s not because people believe we re strengthening, it s the belief that maybe the u.s. economy would be weakening. that s why you buy bonds. he s shading that, the real measure of confidence the u.s. if there were foreign direct investment into building new plant and equipment that would be a statement of confidence. buying bonds is certainly not one. let s go back to the point that the president has put his hat on the economy. trump s approval rating begins to slip according to that poll. job performance in july 46%, down in august by 3% to 43%. again, this is fox news poll that the president has increasingly become i would say like he s starting to sour a little bit on some of those fox news polls. how significant of that 3% drop in just the course of a month as the economy begins to tank a little bit? well, i don t think it s that
caused a problem with one of the facility s transformers. while it was fun for some, a lot of vendors paid a lot of money to showcase their technology. the lights are expected to stay on for today s sessions. global stock markets mostly lower today. wall street closed down for the first time in 2018 on concerns over china and nafta. u.s. stocks first fell after bloomberg reported that china, the biggest u.s. debt holder, could stop buying bonds. the market dropped further when reuters reported that canada is increasingly convinced trump will pull out of nafta. speaking of nafta, the ford ceo says he s in favor of an update. i mean, the early premise of nafta was really special, and the right thing. but now as we can see how trade has evolved, it needs a modernization. he added that renegotiating is the right move. the thorniest issue of the nafta talks has been over car manufacturing. the trump administration wants more parts sourced in north america, with half produced in