Keep in mind the indices are still where they were about a year ago. Some of the smaller indices, transports where where they were 20 months ago. Were coming back to the upper ranges here. I think this is somewhat normal. Keep in mind, the big guy is going to happen real soon. Interest rates are coming down. The fed will lower rates. We have ten years of history when we get easier money, the market likes it, and i think thats a part of whats going on. As far as chinchina, i think th easy money is a catalyst to make it good news. Even though theres no new news because we have been hearing the same for 15 months. Yes, were going to have china trade talks, boy, the market loves that, but behind that, we are look agent a acte acquiescent fed. The consumer continues to do very well. The jobs report out of adp this morning was very promising. I think we all need to sort of take stock here. Our companies that have struggled very difficult job market to hire people, are they really going to st
Make landfall tonight or tomorrow. 250,000 people are currently without power in South Carolina as charleston braces for a possible 10foot storm surge. Can you imagine if governor of North Carolina is expected to make comments about the impact of dorian. Well keep you updated on the storms path throughout the hour. Connell then there is President Trump, expected to speak any moment from now at the white house. A event awarding the president ial medal of freedom to the basketball halloffamer, jerry west. The logo himself. Well bring you any headlines out of that event. Especially if the president talks about other subjects. Gerri willis watching that rally on the floor of the new york stock exchange. Edward lawrence and blake burman are both on the north lawn off the white house elbowing each other out, searching for space there on the lawn but edward, on the tray front, we start with you, sir. Reporter connell there, was a phone call, big phone call between the two trade delegations. T
In some ways, this is not a new thing. People have been writing diplomatic histories of the e the conflict ended. I think a combination of the centennial rethinking of what 19thcentury globalization is. And our current context in which americans are rethinking what it means to be part of a larger world in a postcold war era has generated a lot of rich scholarship in the last decade or so that situates the u. S. Civil war in a broader context. We are fortunate to have three young and excellent scholars who are going to help guide us through this. We look forward to our questions at the end. I will start here to my left, assistantson is professor of history at sacred heart university. Proud to acknowledge he is a High School Scholarship student some time ago. His research focuses on finance during the American Civil War and his first book Global Financial markets and civil war era is slated for publication in 2020. Left of him is andre fleche, a professor of history. His first book, the
Veterans issues and how lawmakers are working to improve Veterans Affairs programs. The event was hosted by the American Enterprise institute. Lets try to get started here. Good morning. Welcome to aei and welcome to our program today. The value of our veterans, our conversation with representatives, mike levin and brad. Im gary smith, im a senior scholar here as strategic studies and im director of aeis program on american citizenship. I amng toi skip a set of am going to skip a set of introductions since we will be talking the next two hours. So those joining us here in joining online or watching on cspan, if you want lengthier bios go to the website and go to the link for the page and you will see everybodys biographies. Let me begin by giving a quick overview of the proceedings. We will first hear from representative mike levin, the recently a district that runs recently elected congressman from californias 49th district, a district that runs along san diego to southern Orange Coun
Joining me on the panel today, gary b. Smith, christina partsinevelos, john layfield, and mr. Steve forbes. Sparking the sell off today, the two and tenyear treasury yield, their curve inverting for the first time today since 2007. I know its a lot of gobbley goock but this move has been a flashing red light ahead of almost all the last recessions for the past 50 years. Heres former Federal Reserve chair janet yellen in a fox business exclusive. Listen. Are we going into a recession so i think the answer is most likely no. I think that the u. S. Economy has enough strength to avoid that, but the odds have clearly risen, and they are higher than im frankly comfortable with. David steve forbes, do you agree . I think we should avoid a recession, david, but the key thing is not about inverted yield curves and stuff like that. Its about what happened on fox this morning, an interview with Peter Navarro who took a very very hardline, undid the good feelings yesterday that were back to the n