We are seeing a markets trading sideways. A lot of the focus is on potential risks and the potential headwinds that could hit the markets quite hard. A lot of it to do with geopolitics. Keep an eye on the u. S. China trade talks. You can see the stocks europe 600 gaining. A similar move for the s p 500 futures and the 10 year yield is at 1. 54. Coming up, we will be speaking to the shell chief executive. Dont miss that exclusive interview just after half past 10 this morning. Lets get straight to first word news in new york city. Balance sheet growth resumes for the Federal Reserve chairman Federal Reserve, chairman Jerome Powell says dont confuse this for qe. In no way beuld confused with the largescale asset purchases. Neither are the recent technical issues nor purchases of treasury bills we are contemplating to resolve should materially alter the stance of monetary policy. Chairman powell also hinted at the possibility of another rate cut. He was confidence the economic expansion c
And george mason university. Hes a Bloomberg Opinion columnist and has written regularly for the New York Times and contributes to a wide number of newspapers and periodicals. His previous books include the class and great stagnation. In his new book big business, he examines the tension between the lack of trust in big business snd big businesses in the American Economy. He argues that corporations despite americans ambivalence towards them are inessential and balanced, productive and Oppressive Society by spurring innovation, rewarding talent and hard work and created the bounty on which americans have come to depend. The Deputy Editor of Harvard Business review writes tyler cowen mounts a defense of big Business Finance and the tech industry. Both of their critics and defenders will benefit from b ts book. Cowen will be joined in conversation tonight by edward, u. S. National editor from Financial Times and author of the retreat of western liberalism. Please join me in welcoming eit
That corporations despite americans are essential in balance, productive and Progressive Society by spurring innovation, rewarding talent and hard work and creating on which tech come to dependent. Tyler cowen with finance and tech industry, both critics and defenders will benefit from reading the book, cowen will be joined by edward, u. S. National editor for Financial Times and author of the retreat of western liberalism. Please join me in welcoming tyler cowen. Thank you very much for the introduction. Delight to be here with tyler. Ive met tyler a million times, have met many years, we dont always agree with each other. Disagreeing without being disagreeable and far more manageable at the end of it. We do agree on some things. I am going to get into productivity. Let me quickly emphasize tylers productivity. Wonderful book in 2011. Weve had your complacent, we couldnt have no, about every 3 years. Things speed up as we get older. But, anyway, that is a lot of books, one thing i wil
A vegetative state. Next hour kevin and takes you through the weeks top stories. On the cars are up for. Theyre going to do this is done on a. Summers solution here. Its summertime on cars the record everything is sunning. States actually you and i are going to be on vacation while everybody in the world is looking at the solutions that we offer to all the stories that we cover on kaiser report we talked to the likes of no reprints steve keen Michael Hudson we look for solutions to the problems of the world and in fact this 1st segment were introducing this notion of our Summer Solutions for 21000 is i want to say like i want to solution to the kaiser report the kaiser report exists only because of all of the Financial Economic and monetary skullduggery out there in the world and if that didnt exist then we wouldnt need kaiser report its like james grant there are Interest Rate observer said about the head of the Federal Reserve bank their 1st act if he was to take over would be to fir
Theyre going to do this is it done on a. Summers solution here. Its summertime on cars the record everything is sunning. States actually you and i are going to be on vacation while everybody in the world is looking at the solutions that we offer to all the stories that we cover on kaiser report we talked to the likes of no reprints steve kean Michael Hudson we look for solutions to the problems of the world and in fact this 1st segment were introducing this notion of our Summer Solutions for 2019 is i want to say like i want to solution to the kaiser report the kaiser report exists only because of all of the Financial Economic and monetary skullduggery out there in the world and if that didnt exist then we wouldnt need kaiser report its like james grant the Interest Rate observer said about the head of the Federal Reserve bank their 1st act if he was to take over would be to fire himself they dont need a Central Bank Central bank is an impediment to everything that we cherish in our li