hank smith with just under $10 billion in assets under management. hank it s great to have you this week and thanks for being here. it s night to be with you maria. we have a lot to talk about with the worries over the coronavirus and the credible market that has a record after record this week. we have pretty good jobs numbers, and we did have a good performance. do you want to put new money to work given the worries of a corona virus the worries we could see economy is slowing because the first quarter shutdown and china. even in the face of always record highs? the short answer to that is yes we do. because going into that the 11th year of a bull market, the building blocks foundation if you will is still very, very positive. that is low inflation, low interest rates, growing economy, growing earnings and strong balance sheets. these are the building blocks of actually create returns. that actually hasn t changed with the coronavirus. incrementally the news is gettin
hank smith with just under $10 billion in assets under management. hank it s great to have you this week and thanks for being here. it s night to be with you maria. we have a lot to talk about with the worries over the coronavirus and the credible market that has a record after record this week. we have pretty good jobs numbers, and we did have a good performance. do you want to put new money to work given the worries of a corona virus the worries we could see economy is slowing because the first quarter shutdown and china. even in the face of always record highs? the short answer to that is yes we do. because going into that the 11th year of a bull market, the building blocks foundation if you will is still very, very positive. that is low inflation, low interest rates, growing economy, growing earnings and strong balance sheets. these are the building blocks of actually create returns. that actually hasn t changed with the coronavirus. incrementally the news is gettin
Ago this was called in around 4 15. I can tell you that a man came up to me and told me that he not only witnessed the fire but went up to the door, got kick the door open, got inside and was able to wake up a person in one of the apartments and bring them to safety. We havent had a chance to get the latest information from fire crews. Theyre still as you can see working the scene right here. Well come back live at some point but we want to tell you that this obviously this part of main street is shut down and will be for some time as crews continue to work on this blaze and deal with some hot spots. Its not clear if there were any transports we had one person again tell us that they helped wake someone up who was inside. But fire crews have not been able to say whether theyve transported anyone. We are also told by fire crews no injuries to firefighters that the officials know of at this point. That is the latest here in dar darby. Joyce, back to you. All right, dave, well check back
Suspect which means ice will eventually take custody the man now being held by Philadelphia Police. This just days after prado contrares was arrested for allegedly paying a now 15yearold girl for sex at least five times. Police believe hes also the father every her nine month old baby. To pregnant a 15 years old girl this is heinous crime. I think that justice definitely needs to be served. If he did wrong, then he needs to pay for that. Like anyone of us. Reporter fox 29 started digging into the case and discovered the suspect a mexican citizen was captured in 2001 after federal sources say he entered the us illegally. The feds say he voluntarily went back to mexico only to get back into the us again but still as an illegal alien. This is not right. This is absolutely not right. Reporter its not clear exactly when the suspect will be taken into federal custody. But we can tell you city Officials Say that he will no longer be allowed at any city parks. Back to you. All right, dave, tha
From our studios in new york city, this is charlie rose. George osborne is here. He is britains chancellor of the exchequer. They are currently the fastestgrowing economy of g7. In a wall street journal oped on monday, the chancellor said that research showed his deficit Reduction Plan is working. Budget cuts have been a political issue. The next Parliament Elections are in may of 2015. Surveys suggest that Neither Party will achieve a majority. I am pleased to have George Osborne back at this table. Why are you here . I am here are saying to both the americans and the brits that we do not have to accept, as countries, secular stagnation, longterm decline. If we have clear longterm plans to get on top of our debts, our best days can be ahead of us. I am taking on the same pessimists who said we have to spend our way out of crisis who now say we have to spend our way out of stagnation. I think their argument is that growth rate is too low, that you need more government spending. My argu