And going to school. Yeah. Thats what i was supposed to do yesterday, damn it morning, everyone. Who has segment pitches . Oh, before we begin, id like to say a few words. Ooh, actually, interns arent allowed in this meeting. I just want to say how excited i am to be here. And i want to thank greg for hiring me, and, oh, portia for that great interaction on the elevator this morning. And thank you, carol, for your interesting take on the black lives matter movement. And my daughter katie, the love of my life. When she was born, i needed an episiotomy okay. Thats good, thats enough. Mom. Okay. Thank you. [scattered clapping] well, it seems we have a slow news day on our hands. Cnn is just playing death becomes her. Ooh, i have a pitch. Okay, you know the meme of kermit drinking root beer . Okay, well, you know the rapper plerp . [scoffs] whatever. Ill just riff on the housing crisis. Okay, gene, you can produce that. Produce what . Ack bear got loose in central park. Yeah, ill produce t
Shanghai composite was down by three quarters of a percentage point. In europe, some early trading there, at this hour the bulls have their way the dax is up by 0. 6 . The cac is up almost by 1 the ftse up by 0. 4 . If you look at crude oil prices, crude was up yesterday settled above 46, this morning at 45. 87 big developing story. Londons fire commissioner says theres been a flub of fatalities in a fire that broke out overnight in a high rise apartment. Fire fighters still working to put out that blaze which quickly engulfed the 27Story Building in london. Londons mayor says question also have to be answered over the safety of those towers some residents in the building say they had been advised to stay inside in the event of a fire in another part of the building so no smoke alarms or sprinkler systems set up the fire took place on the fourth floor and spread rapidly. Someone wanted to close it down years ago this building yeah. I immediately its a fire at this point with everything
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
More. Congressman, welcome. Thank you for having me back on. I want to ask you something that happened this week about donald trump, the president , of course, tweeting that perhaps u. C. Berkeley should lose its funding as a result of of the protests and cancelation of a right wing speaker. Hes threatened funding for sanctuary cities such as san jose and San Francisco. As a member of the Budget Committee, is that just bluster to you, or how seriously do you take it . I certainly dont think my republican colleagues would go along with that type of intimidation. There are many people who believe in the first amendment. Im hopeful that on the Budget Committee i will be able to convince republicans and democrats not to do that. Of course i disagree with that. Any of the president s tweets, that type of intimidation messages. On the other hand, theres a possible funding hit on obamacare, the Affordable Care act. The republicans have talked about repealing that. California gets about 15 bil