Now. We are at session highs however modest they may be the dow wiping out early losses after white house economic advisers wraps up expectations dont look now, the russell 2000 has entered a death cross well have more on what that is, what it means later, kelly, this hour sounds scary. Lets get more on todays big intraday turn around from bob who is watching the action at the New York Stock Exchange. China trade talk moving the market you heard about mr. Kudlow speaking early one of the comments he made, delisting chinese economy not on the table. A bit lart on, this moved the market more importantly here chinese is ready to do a deal on the parts of the negotiations both sides agree upon. This is part of that 80 deal that we have been talking about for many months. Not only did u. S. Stocks move, chinese stocks move to predictably u. S. Cyclical groups moved into positive territory. Serks mis were negative, materials, industrials, banks. Yields moved up. This 80 deal we keep talk abo
Growth, trade uncertainty, lower inflation. A number of participant thought it would better align the feds benchmark Interest Rate with socalled neutral rate, the rate that neither spurs nor slows growth. Several members want to the maintain rates. Not cut rates last seening. They thought the economy was in fine shape and they wanted to save firepower for when the economy actually deteriorates. There were a couple who wanted a 50 basis point rate cut. We know one of those was st. Louis fed president bullard. Going forward, more concerns about risks to the outlook in terms of trade uncertainty, slowing global growth. They are looking at protests in hong kong. They see a significant probability for a nodeal brexit. They see what is going on in the middle east, how that could impact the outlook for the economy domestically. Several members also discussed the job market. They do still see the job market as strong. However they are looking at weakness in manufacturing and business investmen
On it, and discuss some solutions to the problem. Thats what we do at the heritage foundation. We dont just study the issues, we look for issues we suggest the government do, not just the executive branch, but congress, as well, thanks to address foreign policy, asian policy in particular. We look for conservative mistake, and make no all americans, including conservatives, ought to be concerned about whats going on in western china. Not only because of the situation these people are facing because theyre a minority. That would be a problem itself. A particularly because they face persecution because of their faith. While i may not share their faith personally and many others here may not either. On matters of religious freedom, its important we all hang together on a matter of principle because as ben franklin said, if we dont hang together, we will almost certainly hang separately. Our keynote speaker is going to join us better, a different way to proceed here to accommodate his sche
But willing to leave it scary. You ever get to it just came and you heard the bombs and everything. I understand the people that live, but i feel that im in state. This is my home. I dont wanna run away with the Un Security Council and deadlock over the war. Israel says the un secretary general must reside off the antonio. Put that i suggest that the hum us attack on a israel was it respond to be 6 years of israeli occupation. The or i truck no, the at 8 oclock in the morning here at most go well ready . A ton of updates for your top storage with as our own. A very good morning to you from all of us here at off the international headquarters. So israel says it has now dropped 12000. 00 tons of explosive munitions on palestine since october, the 7th stuff of context. It added the number is equivalent to the power of the ball and the level of hiroshima, the end of world war 2. And so of course, the death toll continues to rise with the palestinians of 5800 lives have been lost. The numbe
Nation divided and under attack by the virus as are so many nations right now. Why is the enemy each other . Or is it . Perhaps, we are still actually more united then we realize. Perhaps we are not building bill nehrinfor people who dont reprt our values. Take a look at some of the recent polls. A gallup poll in the country shows that 15 support abolishing police and this one from reuters shows 18 strongly support defunding them. Here are some supports in the other groups as well. Monuments and statues continuing to be targeted, 73 of americans say that washington and Jefferson Memorial should absolutely stay up. Its a staple showing a Strong Majority of the americans and nations founders as heroes and not bill and going back to september and it shows out thato fox nations polling 25 of americans feel that school should be remote to and showing 68 want schools open in september. Middle of the covid19 virus only 20 of americans say they are satisfied with the way things are going in th