My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. What in your area you are resear
On friday the economy grew 2. 1 percent. It still beat expectations as higher Consumer Spending offset a decline in business investments. The gdp did so from a 3. 1 percent gain in the first three months of the year however. And we did see an impasse on markets. During our talk about that is the ceo of Thornburg Investment management, jason brady with 44 billion in assets under management. Great to have you. It is great to be here. Maria let me get your take on the Second Quarter. This is the advanced number and meaning we will get two or three more revisions but still 2. 1 percent was lower than the first quarter. It was but i still think it is above the potential growth rate as we have an older population is productivity has been really challenged its a pretty good number so we get revisions but it is solid. Maria a solid number. Right before the Federal Reserve meets and we are going to expect to see a rate cut this upcoming week. The fed is meeting on the 30th and 31st. And what is
On friday the economy grew 2. 1 percent. It still beat expectations as higher Consumer Spending offset a decline in business investments. The gdp did so from a 3. 1 percent gain in the first three months of the year however. And we did see an impasse on markets. During our talk about that is the ceo of Thornburg Investment management, jason brady with 44 billion in assets under management. Great to have you. It is great to be here. Maria let me get your take on the Second Quarter. This is the advanced number and meaning we will get two or three more revisions but still 2. 1 percent was lower than the first quarter. It was but i still think it is above the potential growth rate as we have an older population is productivity has been really challenged its a pretty good number so we get revisions but it is solid. Maria a solid number. Right before the Federal Reserve meets and we are going to expect to see a rate cut this upcoming week. The fed is meeting on the 30th and 31st. And what is
Powerful one. Joel weber is here. What a fascinating read. It was not what we were expecting. This was a culmination of a a writer project, with who was going to travel around the world and wanted to come to us with something special. Up with ano come amazing idea to hear from laborers, workingclass people who most of us would never hear from. Carol it is a global story that took a lot of time and a lot of reporters and translators. Im a as shely went around the world, she would look for people that she thought would embody the spirit of the local community. Isn the beauty of this work that it captures their voice. We hear from them directly in their voice. It is not reporting in a traditional sense, it is more like being told to the mark and you get to hear from people working in amazon factories in europe as a syrian refugee, or in alec tronics in electronics in asia. There are cogs in the Global Economy we do not usually get to hear from. Now it is important because they are facing
His 448page report on russian interference in the 2016 president ial election in front of two separate congressional committees. And frustrating lawmakers on both sides with his refusal to stray from the report or make any conclusions as to whether the president should be charged with obstruction of justice. What exactly if anything did we learn from former special Counsel Robert Mueller . Lets ask former Justice Department official and former counsel to the Senate Judiciary committee, greg nunsiata. Welcome, sir. Mess your t. Pleasure to have yo. Let me ask about the issue that was raised by the congressman which is the claim in the report that Robert Mueller issued which was that the president was not exonerated by the report. Is that a violation of traditional prosecutor prosecul behavior and discretion. Yeah, certainly in contrast, in tension with our general an glow american principles of angloamerican principles. Kind of a creation of special counsels statute. Theres been problem