Following yesterdays rout john ferroli and dan sculley join us. Happy friday to you both a lot of debate this morning about the jobs number, and the degree to which it tilts the macro debate whats your take its more of the same, which is strong job growth, low unemployment, but disappointing wage numbers which is the story weve seen a bunch of times over the last year or two i dont think this does much to resolve the debate growth looks good. The question is where inflation is going the wage numbers dont scream out that theres a whole lot of inflation worries for the nrt nearterm. Dan, do you agree how long can that dynamic last i would say we had solid news in particular in the manufacturing jobs sector this morning. We may continue to see that as we get infrastructure announcements into january potentially some changes in capex trends as we have fiscal tax reform and tax changes the broader takeaway for our team is that were seeing a rate of change inflection in job growth going back
Neuroscientist, a world expert on the psychological science of smell and someone that im eager to have as a colleague and a friend. In addition to numerous awards and grants for Research Record accumulated over the last 30 years including more than 80 original research host, multiple scholars handbooks and several academic and popular books including the College Textbook sensation and perception the Fifth Addition the sense of desire discovering and thats disgusting unraveling the mysteries of propulsion. She is a soughtafter professional consultant in various industries and is frequently called upon as an Expert Witness in cases involving olfaction. Among commitments as two things are likely to work with dr. Rachel herz adjunct professor and i love dealing with her with studies at brown for Research Teaching and projects related to food. This evening you are in for quite a treat to hear her latest and fascinating book why you eat what you eat the Science Behind a relationship with foo
Crude rollover continued a little bit as the dollar trends higher. David at 10 00 this morning eastern time, President Trump will speak at the conservative Political Action conference outside washington. At 10 15, new yorks William Dudley and Eric Rosengren appeared together in new york here it the fed releases its semiannual policy report to congress. At 12 30, President Trump goes back to the white house to meet with australian Prime Minister malcolm turnbull. Alix we discussed the top three stories of the morning. A 315 billion china blowup. Higher wages may not lead to higher inflation . Where is the inflation in japan . David we are going to welcome Lisa Abramowicz and michael mckee. I heard when they bought the waldorfastoria. This shows some of the places where they made investments around the world. This came from nowhere, for me, and grew really big. Now the Chinese Government is saying, not so fast. So manyis raises issues, especially after what we have seen with hna, another
We have steve ratner, who is with us often. He is one of the advisors. He is about to come here by himself in front of the committee on the tactical issue. We have a lot coming up. On the tax reform issue. We have a lot coming up. Similar story for stoxx 600, down by 3 10. Removing the currency market has truly been unbelievable. 1 buildingr 1. 1 on the rally we saw yesterday. Fourar yield now back by basis point. This is your safety check. Dollaryen down 6 10 of 1 . 112, a huge move. Oil trading on its own fundamentals up 3 10 of 1 . David thank you very much. We will set the stage now. We go to our chief washington correspondent, who is across town. Lets start with the facts. It is fair to say washington was rocked yesterday with this report that supposedly President Trump encouraged fbi director to stop the investigation into flynn. What do we know . Kevin it has been such a busy morning that i have not been able to get to the capital, but and irector james comey, am having trouble
We, of course, welcome those who will join us on cspan booktv in the future. For those watching online, youre welcome to send questions or comments simply emailing us at speaker heritage. Org and, of course, we will post the program on our heritage home page for your future reference as well. Welcoming our guest today and leading our program is dakota woods, Senior Research fellow in our center for national defense. Mr. Woods served in the u. S. Marine corps as well as in an assignment in the office of net assessment. Upon retirement, he helped organize the national bio surveillance integration system. For five years he served as senior fellow at the center for strategic and budget tear assessments budgetary assessments. Please join me in welcoming dakota wood. Dakota . [applause] thank you, jon. Its a real pleasure to have you all here, but to have dr. Crane all the way down from carlisle where he took the hyperloop, was that it . The fastest run hes ever made to d. C. , so were glad