The white house and congressional members are locked in a game of chicken. With 17 days possible, is a deal possible before the time runs out . All that and more coming up on the kudlow report. Good evening. Im larry kudlow. This is the the kudlow report. First up, economists have been telling us for months that a second half economic rebound is coming. And for months, i have completely disagreed. So i think todays tepid retail sales report and a big drop in Consumer Confidence suggests i may have gotten this slowdown forecast right. One time in a row. Lets talk. Here now is steve forbes. Media chairman and editorinchief. The chief u. S. Economist for Deutsche Bank and providing perspective on the numbers and anything else she wants to talk about is mary efner. 0. 2 . The worst in four months. Core retail sales looked lousy. Whats going on here . Two things. At the high level in luxury that continues to be robust. Those are not impacted by it. In fact, they can raise retails on the pro
More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. Time now for some reality checks. Weve waited until all four debates were over so we could see them more holistically than we would one by one. So with a little more than a week before november 6th, ive asked two astute observers, widely recognized for casting a keen and discerning eye on what we journalists often miss, to sum up how they think the debates and the campaigns have served democracy or not. We wont rehash who won or lost. Ultimately each of you has to make that call. We want instead to ask what we did or did not learn about the pickle our countrys in, and how the candidates think we can get out. Kathleen Hall Jamieson is a regular and familiar participant on our broadcast. Expert on
The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. Time now for some reality checks. Weve waited until all four debates were over so we could see them more holistically than we would one by one. So with a little more than a week before november 6th, ive asked two astute observers, widely recognized for casting a keen and discerning eye on what we journalists often miss, to sum up how they think the debates and the campaigns have served democracy or not. We wont rehash who won or lost. Ultimately each of you has to make that call. We want instead to ask what we did or did not learn about the pickle our countrys in, and how the candid
Welcome to worldwide exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Beijing steps up social spending in its latest budget in the bid to boost Living Standards and build out chinas domestic economy. Europe agrees to an antimoney laundering audit of its banks. But the finance minister says the originalin borders on racism. For us, a depositor is a depositor. It does not matter where they come from. A 10 decline in car registrations in february overshadowed the auto show in geneva. Plus, hammer jeanie showcases the 4. 5 million that is a cool looking car. Standard chartered sets this dividend on the back of pretax profit earnings. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. February pmi, 47. 9. 47. 3 was the flash. Its still lower than the 48. 6 in january but the pick up from the flash, the Employment Index 46. 5, 46. 3 was the flash. The final composite pmi, 47. 9. Both germany and france
Sound and as a result control competition. Peters book that talks about aig. He is absolutely right it was central to the narrative. People said derivatives caused a crisis but ignored the fact many problems had nothing to do with derivatives regulated insurance subsidiaries invested in Residential Mortgage backed securities and that pose a problem. The aig narrative did not talk about that because that was not convenient to regulate derivatives. The aig narrative also did not talk about the fact that agee was like the insolvent because that was not convenient. That government needed to distinguish it from Lehman Brothers. They said aig was not insolvent. There would have been a different view is saying it was that they were left out. After it was passed we saw the incident used by regulators one tag phrase as the chairman of the Commodity Futures Trading Commission the subsidiary will spread out our entire economy. With activity in london and new york. Peter has been effective at chal