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Transcripts For CSPAN U 20160211
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Casting doubt over president obamas isis strategy. The head of kurdish intelligence estimating that isis brings in 6 million a day. That puts the groups annual revenue more than 2 billion, dwarfing the income of other terrorist heavyweights. Here to discuss it all our very own charlie gasparino, dan schaefer of schaefer assess management. Marshall auerbach, institute for economic they having. Were focused on money because that is the name of this program but also what distinguishes this particular group. They have so much more money compared to hezbollah. They control the oil fields. Thats why. You have control of oil fields, even if you melissa huge discount on black market. Free cash flow for them. So it is an easy win for them. What was behind al qaedas success, you know, alarming, trs being financed by usama bin ladens Family Wealth and other wealthy people. Melissa thats a great point. So so decouple terrorism from financing and from money melissa you cant. They need money. One in
Melissa stocks seeing red. The dow plunging more than 200 points with a mixed bag of economic reports. Leading some to fear that Interest Rates may soon be on the rise. Investors also skiddish following a report that isis is plotting imminent attacks on subways here in the u. S. And in paris. Lets bring in todays panel. Fox business as own Charlie Gasparino. We have dan schaefer also from schaefer asset management. Todd schoenberger of jay striker asset management. Thanks to all three of you joining us. What do you think has the markets on edge today . I think it is Interest Rate fears. One of the fed governors, i forget which one, because of strong dollar. Melissa dudley, right. New york fed president. One of the governors or president of a branch of the fed. Melissa anyway. Because of the strong dollar, inflation will be subdued therefore the fed wont have to raise interest its. That sent the market up. People are looking at strong dollar news as potential for deflation. Where you mi
Coverage and risk coverage by the federal government. Not on a whim, but optimistic perspective. 2015 is a better indication of how they view in the level of 2014. Thats why the average premium change between 2014 and 2015 being negative 0. 8 is so amazing. Yes, there is variability. Nashville has a positive 887 and denver an 18. Thats the to which the subsidies are paid. The Second Lowest is actually stable or going down on average across the country. Thats amazing. What about quality . Well, most of you know if you know the quality world, it moves like a glacier. What this shows you is the percentage of recommended care that adults get across the country and researchers got a lot of attention back in the mid2,000s and we are up to 69. Thats impressive. That occurred before the Affordable Care. Quality moves slowly. You cannot claim it has been improved. If you do your power point directly, you can do this. The statistic that has been focused on the most, readmission percentages in th
Melissa sop triumphant headlines today, celebrating middle class comeback. We dug into the numbers and were holding off on the party hats and balloons. A new study find that Median Household Income did increase this year but it lags the nearly 5 behind prerecession levels and even worse, the middle class is now earning less than when the recovery began five years ago. Here to discuss, very own charlie gasparino. Dan schaefer of schaefer Asset Management and Dominic Tavella of diversified financial. This one of the class being things, everything has gotten better, you look at like the chart we had, nothing like what twas before the recession. We have than at screen as well. One of these Election Year things that some leftwing group puts out before this is election that will be largely about the economy still being sluggish. They try to gloss over it. Like unemployment statistics. When you look at unemployment numbers theyre going down, right . But if you look at people underemployed or
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