stand a lot of things about the president, but the economy is working for me so i m going to stick with him. we know or we re expecting a rate cut this afternoon. speak for a moment about how unprecedented this is. the last time we saw a rate cut was december of 2008 in the throes of the worst financial crisis since the depression. fast forward to today, you could say we re having a bit of a global slowdown, the trade war is causing a hiccup, but you do have a 50-year low in terms of unemployment and the economy is humming. that s right, it is unprecedented, but you also have other central banks around the world cutting rates and president trump has a little bit of cover for the pressure that he s been putting on jay powell from the fact that a leading democratic economist, joseph fu drr rman, janet yellen did as well,
it s amazing. i think your case a recipe sounds a lot better. set your dvrs. never miss an episode of the five. love that. it s been 27 up next. hello, brett. bret: hello, greg. avocado is a fruit. thanks. markets take a nosedive after the federal reserve cuts its prime interest rate. the deep divide among liberal and moderate presidential candidates is on full display during the second round of debates, and president trump wants you to be able to get low-cost prescription drugs from canada. if we will talk live with the health and human services secretary, this is special report. good evening, i m bret baier. it where coming live tonight from los angeles. the federal reserve has cut its prime interest rate for the first time since december of 2008, but wall street was not impressed today. president trump is not satisfied.
in this potential multibillion dollar market well zooming out on the wider world of markets yens it s been a very notable trading week with the u.s. in this is reaching record highs do you think that s set to continue. you know we had a record breaking week here on wall street and there was this old saying on wall street to never bet against the federal reserve so we have the outflow of interest rate cuts by the end of the month that would be the 1st interest rate cut since december of 2008 when the federal reserve basically said rates at 0 percent after the financial crisis hit so that is really what drove the market in the past couple of days if not weeks so now the focus will shift to an earnings season that will start on monday when the 1st big american banks will come out with their earnings reports and overall the outlook for profit growth is rather
determined that this could not have been an accidental fall. in december of 2008 detectives paid one more visit to stephen scharf. they wouldn t tell me what it was for. i had no idea what this was about. i mean, it didn t make sense. 16 years after that fatal night on the cliff police were back and stephen scharf was in for a shock. after all these years you thought it was done. not until they reached behind and hand me this thing, this arrest warrant. coming up the case heads into court with a surprise from the stand. i m here for my mother. stephen and jody scharf s only son has some dark secrets to share. did you see that abuse? i did. severe eczema, or atopic dermatitis, you never know how your skin will look. and it can feel like no matter what you do, you re always itching.
in december of 2008 detectives paid one more visit to stephen scharf. they wouldn t tell me what it was for. i had no idea what this was about. i mean, it didn t make sense. 16 years after that fatal night on the cliff police were back and stephen scharf was in for a shock. after all these years you thought it was done. not until they reached behind and hand me this thing, this arrest warrant. coming up the case heads into court with a surprise from the stand. i m here for my mother. stephen and jody scharf s only son has some dark secrets to share. did you see that abuse? i did. when over the edge continues.