Recalibration of where Economic Growth is heading. Guy and more evidence of what we have been talking about, low Economic Growth coming out of germany right now. This is Investor Expectations Going Forward and it is the expectations line that really catches my eye. The survey, 51. 8. The expectations, 6. 8. A significant miss Going Forward in investment expectations. Tom one of the big mysteries is euro over the next months and we will be looking at the bombshell Morgan Stanley report as one of our themes this morning. Right now to our first word news on germany. police shot and killed a man who attacked passengers on a train with an ax and a knife. The attacker was described as a 17yearold room afghanistan who applied for asylum. The president of turkey says he narrowly escaped death in the coup attempt. He left the seaside resort just minutes before the coup stormed in. He also said renegade soldiers took over the istanbul airport hours before loyalists maintained control. Theresa ma
Marriage on the oneyear anniversary of the Supreme Court ruling, and america has drifted from the founders original ideas of liberty and justice. And those are just a few of the authors on booktv this weekend. For a complete television schedule, go to booktv. Org. Booktv, 48 hours of nonfiction books and authors, television for serious readers. [inaudible conversations] were going to get started. I have a lot of books to mention, so i want to make sure i get them right. Thanks for all being here, and thanks especially to the folks on our panel, mark, steve and george. Were really pleased that youre here. The last theres been a lot of talk about that over the last generation, maybe the last 40 years really highlights the challenges of measuring economic values. A lot of people take the view there hasnt been much progress, much growth in incomes, economic stagnation over that period of time. And i often try to put the lie to that assertion by asking people whether theyre low income, midd
That ive been thinking about for a really long time. Before i was a fulltime author, i was a High School Computer science teacher. I taught for 17 years at a high school in oakland, and i would teach in this really visual way. I would do a lot of drawing on the board to explain to my students. I always thought, man, a lot of this could really work well in a graphic novel series. I teamed up with a friend of mine named mike holmes, and together we are trying to introduce fundamental Computer Science concepts to middle school kids through comics. Host how did you go from a High School Teacher to a National Book award nominee . [laughter] guest its kind of crazy. Each when i was a fulltime teacher, i would do comics at night, in the morning, in the summers host did you think they could be published . Guest it was for me. Host really . Guest i never thought itd be a source of income. Some people, you know, play golf to relax, and that costs a lot of money. Im going to publish comics to rel
You have to be seeing across the board, every single group is falling. Equity market feels the pain. Alex will talk central banking and the markets. We clearly want to be discussing where we are going ahead with our guests. We will be talking with scott mather, coming up in a bit. Fascinating, his viewpoint on when they will hike. And of course how good that job number has to be. Alix overall we are looking at a market rerating for the fed hikes expectations. It comes to equities, the dax lower. You have emerging markets lower over the last two days, and they are trickling through with a story in the fx market that is stronger that is the stronger dollar. Particularly, dollaryen, 1. 02. You have yen weakness, but is that confidence about the boj in rode a in corrode a commodities are getting hit across the board. Off by 1. 3 . Ti, a 47 handle now for wti. Bond marketsthe friday you saw that big rally ofyields on the front end the curve. The biggest jump, 10 basis points, the biggest ju
Im looking forward to Stanley Fischer to see if he can give us any clues on what the next move from the Federal Reserve is, and we have this huge apple news. Om i think that is a big deal i like how you had Morgan Stanley in your opening. The tension just moving from jackson hole is palpable. Blogught Lawrence Summers in the Washington Post yesterday was almost on the edge of scathing in his criticism of fed officials. We will full all of that into our interview with the vicechairman. Breaking news, this is euro area confidence for the month of august. It is a little bit more forwardlooking and some of the things we have had including gdp. Confidence is at 103. 5. We look at every single piece of data because it is postbrexit. Lets get to the bloomberg first word news. Taylor Dilma Rousseff failed to sway senators. She answered questions for 14 hours in her into each meant trial. Lawmakers on both sides of the aisle expect to vote against her. To end aajoy will try political impasse to