Positive. Saw a real strong rally from the bottoms of 12,8 to above 14,000 and trace to around 113,6, 13,550 you put your feet back in the water again. Youd be buying the dips . Id be buying the dips, cautiously and looking for the news items and looking cautiously at that well. The market is looking for another shoe to drop. Which shoe are you looking at most carefully, the fed news or the mumtales from hewlettpackard coming out . Fundamentals are having more of an impact than expected. Looking at walmart earnings, the market looked at those with a little bit of discouragement. Those are the issues in front of us. Where are earnings Going Forward into the next few quarters . Thanks, harry. As always, the market, a crazy day. Earnings coming up from hewlettpackard. David faber will have that and Bob Benmosche talking about his numbers from aig. Second hour of the closing bell right now. Ill seal you tomorrow. Have a good one. And it is 4 00 on wall street. Do you know where your money
And new guidelines on Cyber Security. Well get to jack lews confirmation in a moment. First the cbo director Douglas Elmendorf testimony. He warned of the sequester could cost 750,000 jobs. Could you tell me in terms of the negative Economic Impact of the sequester, the. 6 , what does that translate in point of lost jobs . Our estimate is that the sequester alone would reduce gdp growth this year by zero point six percentage points. It would lower that gdp at the end of the year. We think that would reduce by about 750,000 jobs. 750,000 jobs between now and the end of 2013, right . Right. That is a whole lot of jobs. We should be working overtime to prevent that kind of job loss. If you were to replace the deficit reduction through that austerity program, the cuts to the sequester with a plan that accomplishes the same amount of deficit reduction spread over the 10 year period, you would not have that hit on jobs . Right. Our analysis, the republican leader, mr. Cantor had it right las
World when he said hes not ready to support donald trump for president. He broke that news with jake tapper a couple of days ago but mr. Trump strongest supporters are apparently ready to play hard ball. Former Vice President ial candidate sarah palin says she will work to unseat speaker ryan in wisconsin. Heres what she told jake tapper on state of the union. His political career is over. But for a miracle. Because hes so disrespected the will of the people. And, yeah. As the leader of the gop, the convention, certainly, he is to remain neutral and for him to already come out and say who he will not support was not a wise decision of his. Ryan told a milwaukee paper to step down as chairman of the Republican National convention if trump asked. By the way, we are talking to one of the reporter who is talked to him in mere minutes to see the headlines of that meeting. Trump hasnt made the request. Lets be clear. And today he also distanced himself from palins threat. But donald trump di
Indictments laid out in the russia probe where does the investigation go now. Former independent counsel, ken star, will join me live plus an exclusive interview with Speaker Paul Ryan, how does the speaker of the house respond to the critics of his new spending bill does he plan to stick around after the Midterm Election . All that coming up right now as we look ahead on sunday morning futures. And in developments this past friday special counsel Robert Muellers russia investigation mueller indicting 13 russian nationals on friday accusing them of interfering in the 2016 president ial election. Coming up in just a moment we will hear from former independent counsel ken star about that but first my exclusive interview with the attorney general Jeff Sessions. I spoke with mr. Sessions a few hours before the indictments were handed down and i asked him about the Mueller Probe including his decision to recuse himself from anything involving russia but i began with the immigration battle a
voice-over: this is bbc news. we will have the headlines for you at the top of the hour, which is straight after this programme. welcome to hardtalk. i m stephen sackur. of all the world s continents, africa is the one likely to see the greatest transformation in the course of this century. it will likely be home to almost 40% of all humanity by 2100. if, by then, africans have benefited from sustainable development, their global economic power will be enormous. if they haven t, then they could be facing cataclysmic levels of economic and environmental breakdown. my guest is the president of the african development bank, akinwumi adesina, sometimes dubbed africa s optimist in chief . is his positivity realistic or deluded? akinwumi adesina, welcome to hardtalk. it s good to see you, stephen. it s great to have you here. you need the world to believe in a bright african future. how is that going right now? it s going pretty well. if you take a look at the african economic out