London Stock Exchange. We get perspectivy from one of the rivals terry duffy joins us exclusively here on set. But first, its still on and we are talking about the great roe rotation so many of the desks have been skeptical of maybe even poopooing at times. Showing tahoe strength here in sectors russell, banks, retail to name a few. Whats making you a believer, guy . Its a fascinating question i mean the market has an uncanny way, not that i need help making me look silly. Within a of alltime high of the s p 500. Everything looking fantastic when do i become a believer . You know, i dont know the answer to that but what ill say is the head winds havent gone away that much yes rates backed up probably a healthiy move yes the gold market not exploding up maybe the situation with hong kong has abated but its still there. The market is looking past them. I dont know how to answer the question because the concerns i have i dont think it they dont get resolved in one day. I know how to answe
Or not sure . If you say you are optimistic, 2027488000 is the number to call. 2027488001 if you say you are pessimistic and if you are not sure, 2027488002. You are welcome to share your to share yourr twitter thoughts on our twitter feed at cspanwj and our Facebook Page, you can participate in a poll at facebook. Com cspan. Andw poll done by cbs yougov takes a look at sentiments about the u. S. Economy. Those responded saying 38 of those polled saying they were optimistic about the future of the economy and 35 described themselves as pessimistic. 27 saying they were unsure. Idea ofcomes to the optimism, people are asked why they thought that way. 45 looked at the job market saying it was a sign of optimism naming the economy itself and looking at trade policy. They asked the same poll about personal finances as an indicator of weather people were pessimistic or optimistic. 40 saying when it comes to looking at finances, they were the same as two years ago. 29 saying their finances we
And doing another tax cut specifically for the middle class. At one point he floated a 10 tax cut. This is a political tax cut for the president saying if you elect republicans to the house and keep them in the senate, then you have a united republican government we will deliver another tax cut. That is certainly something possible if they win back the house, but difficult. Even under a divided government that is certainly not likely to happen before the next election. Host is this an effort to help at least with the economy as it stands or are there other factors besides politics involved . Guest politics seems to be the driving factor behind this trump has floated this is a way to get voters on his side and say the democrats are going to raise them, i will lower them. But also the issue of whether we will have a recession or some sort of slowdown is a point of contention the white house. You of the president talking abut a tax cut last week. Saying its great, there was a lot of mixed
Treasury secretary. He spoke on the health of the financial industry and the threat of another crisis. This portion of the National Association or business economics conference is 45 minutes. E is 45 minutes. Welcome to our general session for this afternoon. Im the chief economist at ford and im very pleased to be here today to introduce and moderate a discussion with the president of the Federal Reserve bank of minneapolis. He took office as the president chief executive officer on of 2016. St he serves on the federal open the t economy bringing feds committee bringing in washington. However, i want to preface the noting that day by after he accepted our invitation o speak here today, the fed adjusted its blackout period ahead of its Monetary Policy in facts so that we are within the fed blackout period today. Kind to keep his commitment to be with us here today. He will not be able to talk about the Monetary Policy aspect of his position at the fed. That said theres lots we can talk
Treasury secretary. He spoke on the health of the financial industry and the threat of another crisis. This portion of the National Association or business economics conference is 45 minutes. E is 45 minutes. Welcome to our general session for this afternoon. Im the chief economist at ford and im very pleased to be here today to introduce and moderate a discussion with the president of the Federal Reserve bank of minneapolis. He took office as the president chief executive officer on of 2016. St he serves on the federal open the t economy bringing feds committee bringing in washington. However, i want to preface the noting that day by after he accepted our invitation o speak here today, the fed adjusted its blackout period ahead of its Monetary Policy in facts so that we are within the fed blackout period today. Kind to keep his commitment to be with us here today. He will not be able to talk about the Monetary Policy aspect of his position at the fed. That said theres lots we can talk