Strategists on wall street now see elevated recession risks and a possible significant pullback. Joining us is ian winer. Welcome back. Thank you for having me. Today it is the trump comments that are lifting the market friday they were sinking the market what do you do in this environment . You have to stick to the stocks that you really like because theres absolutely no direction in the marketplace the president clearly isnt helping things i think we are just going to continue to stay range bound at the same time, where global rates are and the fed basically saying theyre going to be there and you are in a little range here i think that the uncertainty itself will outweigh whenats happening and see a correction before we run away to new highs. The risks tilted negatively near term negatively for three months i think. Ians here for the hour lets focus in on the big stories today. Live in france with the latest on china trade bob here at the exchange kate tracking the nasdaq ayman, fir
Promote social economic equality and justice these progressive policies will not be free. To our citizens in general and no doubt these are some good decisions entirely internal to india that country can accept interference in its been done in the 1st certainly not india. Pakistan needs to stop interfering in india as a face it needs to stop exporting to india the minute that stops normalcy the problem today has been created because of the stance qualities of a 1000 cuts to be able to stand as a knowledge of the world or the globe or that you. Pakistan needs to back off all the Indian States are not about the only issue that happens isnt just me because but the son is the immediate me wouldnt me its trouble that the minute boston is out of that nation. Ok weve got a interview with pakistans Prime Minister coming up and joining. With me i have the Prime Minister of pakistan mr eman khan its a pleasure to be here in islamabad and thank you very much for hosting me my pleasure my pleasure
What do you make of that well had we not participated in the american war you know after 911 we would not have been the words to risk an tree by participating in the war and i repeat i was against it because you see eightys we were training these mujahedeen people to do a job against the soviet when they occupied of understand so these people were trained by pakistan funded by the american cia and no. A decade later when the americans are going to have honest on these same groups were all in pakistan supposed to say that no not because the americans are there its no longer job its terrorism you know it was a big contradiction and i strongly felt that you know pakistan should have been neutral because by joining in these groups turn against us so we you know we lost 70000 people we lost you know as i said over 100000000000. 00 to the economy and in the end we were blamed for the for the the americans dont see it succeeding of honest i felt it was very unfair on pakistan do you support t
China they have agreed to return to the negotiating table next month in washington. That news has the market pointing up. Will there be a breakthrough to end the stalemate . Edward lawrence live at the white house with the very latest. Reporter reading the crystal ball, the last phone call was 23 days ago. They said they would set a meeting between the primary level, that timeline a little bit delayed. The call happened thursday nine cheese time. On the call it set a meeting for early october. Leading that call there, are the four people on the screen there. U. S. Trade representative, the treasury secretary, the chinese vice premier and Chinese Commerce minister. In a statement from the u. S. Trade representatives office, theyre saying deputy level meetings take place midseptember to lay ground work for meaningful progress. The statement says, the primary level meeting will happen at some point in a few weeks. The chinese statement though said that those meetings would happen in early
Theres not much industry left here so what if weve been building more piles of debt and im going to turn to some of these headlines for the past week that ive observed to show that you know most people on bloomberg and c. And b. C. Will tell you we want lower Interest Rates this is great for the ordinary american right most americans live paycheck to paycheck no matter how much you earn getting by is still a struggle for most people these days 78 percent of full time workers said they live paycheck to paycheck from 75 percent last year according to a recent report from Career Builder overall 71 percent of all u. S. Workers said they are now in debt up from 68 percent a year ago so you see debt piles are climbing. Of course this is what the fed wants with the lowering rates they want the ordinary american to cripple themselves with debt to make. Themselves have fewer choices in life because youve got to get that paycheck to meet the minimum payment on your Credit Card Debt right so 40 y