Threeweek rally sparked by unprecedented Government Intervention cannot be sustained. The Chinese Government has allowed more than 1400 companies to quit trading. It has banned major shareholders from selling their stakes. President obama has become the first u. S. Leader to visit ethiopia. He arrived in addis ababa last night. He will talk with several African Leaders about the civil war in south sudan. Earlier, he wrapped up his trip to kenya with a call to end corruption. President obama too often, in kenya as in other places corruption is tolerated because that is how things have always been. Here in kenya it is time to change habits and decisively break that cycle because corruption holds back every aspect of economic and civil life. It is an anchor that weighs you down and prevents you from achieving what you could. Vonnie the president urged kenya to treat women better and improve education and welfare. 13 major u. S. Corporations will invest at least 140 billion dollars to redu
Carl, let me start with the Balance Sheet. Give indications on timing or anything else that maybe is left unanswered here . One of the questions regarding the Balance Sheet would be under what conditions will they back away from this plan . The fed wants to operate passively in the background. Under what conditions will the possiblyt boring and rejigger the plan. That is something we would be more inclined to hear about in the press conference. Shery one of the things that you cannot actually avoid is volatility. That people have not really priced that in yet. That the ecbhe doj said that when the doj started this quantitative easing process, it was kind of like an electromagnet and you have seen volatility drop considerably. I think that is an accurate assessment, because now a very large higher is acting out of our is backing out of the markets. What will hinge on the decision for them to raise rates again this year . It will depend on two things. We need evidence that this soft patc
Misconduct. And a whistle blower claims the government enabled an Opioid Epidemic of deaths. We begin this morning with a look at todays eye opener, your world in 90 seconds. This is absolutely the worth fire ive ever seen in california. It looks like weve been bombed. Historic wild fares rage on in california. Wildfires are now the deadliest in the states modern history. We are a long way from being done with this. President trump bypassing congress in trying to reshape Americas Health care system. Were starting in a positive manner. I have to say when you get paul rand ryan on your side thats hard work. I dont think im being fired today. Jason ail deen was back on stage, his first concert since the shooting in vegas. Theyre going to try to make us be scared. To those who try to do that [ bleep ] i dont really cared. Two prison employees were killed during an unsuccessful prison escape. The prison has been secured. Pandamonium. They make their first appearance. Agholor, look at that f
Kroft youre a professor at one of the finest law schools in the country. Is that something that you thought you would be able to do . Shon hopwood laughs no, it makes me laugh hearing you say it out loud, because there are days where it doesnt make sense to me, and ive lived it. Kroft heres why professor shon hopwood is a convicted felon who spent 11 years in federal prison. And as a foolish, reckless, 21yearold in nebraska, listened to a friend with a really bad idea. Shon hopwood he said, what do you think about robbing a bank . Most people wouldve laughed that off, or said maybe we need another beer. Or anything other than that sounds like a great idea, which is what i ended up saying. Im steve kroft. Im lesley stahl. Im Bill Whitaker. Im anderson cooper. Im scott pelley. Those stories tonight, on 60 minutes. I want ycome on mom t easy. Go slow. Lets go mom slow down for the ones who keep pushing. Always unstoppable. Ronoh really . Gs going on at schwab. Thank you clients . Well jd
One of the finest law schools in the country. Is that something that you thought you would be able to do . Shon hopwood laughs no, it makes me laugh hearing you say it out loud, because there are days where it doesnt make sense to me, and ive lived it. Kroft heres why professor shon hopwood is a convicted felon who spent 11 years in federal prison. And as a foolish, reckless, 21yearold in nebraska, listened to a friend with a really bad idea. Shon hopwood he said, what do you think about robbing a bank . Most people wouldve laughed that off, or said maybe we need another beer. Or anything other than that sounds like a great idea, which is what i ended up saying. Im steve kroft. Im lesley stahl. Im Bill Whitaker. Im anderson cooper. Im scott pelley. Those stories tonight, on 60 minutes. Go slow. Come on mom lets go mom slow down for the ones who keep pushing. Always unstoppable. Ronoh really . Gs going on at schwab. Thank you clients . Well jd power did just rank them highest in Investo