As a Senior Reporter for investigative reporting reveals program. He has written three previous books before homewreckers and the thing is that what he has done again has initially looking at veterans of the war because of his reporting half a million ella terry veterans face long lines waiting for disability compensation. His journalism has sparked federal legislation and congressional hearings what he does leads our response by a government and maybe we will see the same thing when it comes to homewreckers. A dupont columbia Journalism Award winner. Twice nominated for a National Emmy for pbs news hour. He is really good at what he does. We are fortunate tonight to interview him Dorothy Brown professor vaught Emory University nationally recognized scholar of tax policy and extensively on the race implications. When i called her and talk to her about coming in participating she was excited because she was eager to read his book i said i have one better. You can actually talk to him. S
Both sides claiming progress joining us for the entire hour, Karen Finerman, ceo of metropolitan capital welcome. Thanks for having me. This looks like a strong way to end what has been a strong week for stocks. What stood out to you in the rally . To me its the volatility that stands out to me. Volatility both up and down. Im always long bias, no matter what, which is a blessing and a curse. To me this is a scary time i think im a little more in cash than i would be and desk y definitely more protected. I want to be more hedged. So youve been buying puts . Yes over the last week i think the volatility i think it doesnt fully reflect the volatility that is out there, the tweet that could come at any moment. Why do you say its a scary time to me trade is really the issue here, not the fed. I think what keeps cfos up at night is not are we going to get 25, are we going to get 50 its what does our supply chain need to look like, how much can we pass on, how much do we need to absorb. Thos
And Lisa Abramowicz. Jonathan this is bloomberg surveillance, on tv and radio, alongside tom keene and Lisa Abramowiczs Annmarie Hordern. The s p 500 is negative by 0. 3 . Under surveillance this morning. Boston fed president Susan Collins saying the rise of longterm yields surprising tightening financial conditions and persists which reduces the need for further Monetary Policy tightening in the near term. That is where our focus begins. Lisa a what we saw yesterday in the market did not have to do with fed speak with an auction that did not work well. There is a question of whether the fed has lost control of the narrative. Then speakers can keep coming out. We heard from Patrick Harker today. They have lost control of the market is what sign around with what they perceived to be inflation. Jonathan it is easy to blame inflation but they came in soft. Annmarie they will point the hands at congress for a number of reasons because they dont have a speaker. When you look at what the Con
The depth and boundlessness of art. The festival of russian culture lasts a whole year and covers a variety of areas. From the nearest one, at the end of may the chekhov moscow art theater is expected to tour in tokyo. Sergey mengazhev, alexey pichko, east asian news bureau, especially for cultural news from japan. The International Kant Congress began its work in in kaliningrad, the forum dedicated to the tercentenary of the birth of the great philosopher brought together more than 500 scientists from different countries, ready to discuss the most pressing problems of our time. Report by ksenia egorova. It is with the russian anthem that the Kant Congress begins in honor of the tercentenary of the philosopher, who was a russian subject. Here we value and respect not just the patron of our university, but also the greatest thinker who had a huge impact on the history of our country, including being part of the history of our great state. 4 day of the congress, more than 70 foreign part
Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure we are strong strengthening our company for the future. Its all those things. Weve got oil price cut in half. Commodities are at their lowest for quite a few years. Global growth is slow. All those things combine for a lot of winds buffeting around right now in front of us. Joining us for reaction and how it impacts company our team. Doug isnt the only one warning about the Global Economy and actually showing the results from weakness in china, in brazil, russia and in india. Clearly, this is sha