with china on fox news sunday over the weekend he sounded optimistic about a deal being done. i don t want to predict. it is up to the president, not me. but i think the headway has been good. will there be a signing ceremony between the two leaders either in march or april? i will play that from the optimistic side and take the over on that with economic growth. over meaning good, yes. positive. either this month or next? bullish. sandra: the markets had so much uncertainty built into it, though, right, bill, over whether or not it would happen. a lot of the losses are due to boeing that we see now. bill: kudlow has always been a bull. he said i m bullish twice. we ve seen a trend down. weakening overseas in governments and countries and having a drag on us right now. right now we re the tallest
welcome back. former federal reserve chairman ben bernanke offering his account of the financial crisis in his new memoir, the courage to act, giving us candid insights into the difficult time for the u.s. economy. joining us now is ben bernanke, author of the courage to act. good to see you. thank you. thank you for joining us. how would you characterize the economy today? we re moving forward. moderate growth. i think the biggest drag on the economy now is the global economy. you see emerging markets being slow, tchina slowing down. that s a drag on us. our housing sector, auto sector, jobs being created, those things are pretty positive. housing and autos have been pretty strong, particularly autos. i m glad you mentioned autos, that s one area that did come roaring back. in the book, you take us through the dark days in terms of when i always say the lights almost