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Dow On The Last Day News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Detailed text transcripts for TV channel - CNN - 20190731:11:48:00

and rising fast. the dow on the last day of the rate cut was down 33% year to date and the s&p had crashed 37.8%. today, stocks near record highs. the s&p is up 20% this year. another very big difference, a president insulting, cajoling, and rage tweeting the fed and demanding lower rates now. i made the economy so strong that nothing s going to stop us. but the fed could have made it a lot easier. i would like to see a large cut and i d like to see immediately the quantitative tightening stop. so why is the central bank considering cutting rates if the economy is so strong? well, preemptive damage control for the president s trade wars and slowing global growth. the question now, how big with this cut be? and what will jerome powell say about it this afternoon when he

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