Still a dollars story. Bloomberg dollar index looking like the u. S. Dollar is steady in the last 12 hours, but on course for potentially its worse july in a decade. The dollar index is flat essentially. U. S. Dollar, yes, i want to focus on this because 103. 50 is a key line. Modest upside for the u. S. Dollar. Japan downgraded from fitch to negative outlook. But you could see further upside. 103. 50 is a line to watch. In terms of offshore currency in the mainland, or in china, 7. 0 is what we are looking at. The euro is modestly stronger against the u. S. Dollar. Gold and silver and the yield story in the u. S. , gold started to modestly moderate. At. 6 is what we are looking silver also taking a bit of profit. Basiseld story, just 14 points for the twoyear and under 60 for the 10 year. We will see what jay powell says on whether yield control is a discussion they are ready to bring forward for the fed. A look atets have what is going on first word news wise as we look at the u. S.
Been investing heavily overseas and ultimately a lot more Chinese Companies will have to come out. If they are just selling within china are already very established brands in china. A lot of Chinese Brands had to buy talent market. So the internet may create a new base for them to develop. Thats been the case which uses scarcity mark eating and fan clubs to take on no ps and apple, even though they are lowerpriced point. Chinese are frustrated, name a chinese car. Volkswagen. The thoughtful about what they are keeping the volvo named. I know that you cant really create a global brand. One note though sounds vaguely italian, but they did actually buy the idea. So its not like the japanese way that they just buy stuff and hope it works out. There is some crazy things happening. Two weeks ago, almost they are developed the Waldorf Astoria Hotel that nobody seems to justify. Theres a lot of money sloshing around china. There is also a sense that they need to keep talent and keep brands. A
Sais assist up on her book tour. I had the pleasure of traveling with michelle in the uae last fall and hurt about this book, and so its been anticipating it and its an exciting read. I think, through asking the question why we ignore crises that we can see coming until they literally stampede is can i think shes got a new paradigm for thinking about risk, and im excited to hear her discuss some of her ideas and this evening. This book follows two others that i read the one on haitians and dominicans, and i bet put that together. I didnt realize that youre the author of that exquisitely written book she wrote a book on immigration that asks why we get immigration so wrong, even though our prosperity depends on our getting it right. Shes a prolific writer. Shes had a distinguished career in journalism and has also received numerous awards for her leadership, including young Global Leaders aboard for the World Economic forum, and she has also been recognized as a guggenheim fellow, and h
Separation of powers, the legislative power clause of the constitution giving Congress Power to make laws, the story behind that, why we didnt want a king, and how the system of government was set up, how we stood up and proposed we have a king and the Founding Fathers objected to this idea, soundly rejected it. Too much power in one person or group of people in the drift away from separation of powers is something incompatible not just with the constitution itself but stories behind it. Booktv wants to know what you are reading. Tweet of your answer at booktv or posted on our facebook change, facebook. Com booktv. [inaudible conversations] good evening, everyone. I direct Foreign Policy institute and im delighted to welcome you to this evenings Foreign Policy institute conversation with Michele Wucker, she produced an excellent book, the gray rhino how to recognize and act on the obvious dangers we ignore. It is wonderful to welcome michelle, i am grateful to her for putting the site
Service by your cable or satellite provider. [inaudible conversations] im carla freeman, im delighted to welcome you to this evenings Foreign Policy institute conversation with author michele wucker. She has just produced her latest, excellent book, the gray rhino how to recognize and act on the obvious dangers we ignore. Its wonderful to welcome michele to sais, i am so grateful to her for putting us as a stop on her book tour. I heard about this book last fall and so have been anticipating it x its an exciting read and its an exciting read. I think she has sort of been asking the question why we ignore crises that we can see coming until they literally stampede us. I think shes got a new paradigm for speaking about risk, and im excited to hear her discuss some of her ideas this evening. This book follows two others that i read the one on haitians and dominicans that i and i had not put that together. I didnt realize when i met you last fall that you were the author of that exquisitel