Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
Better than expected retail Sales Numbers coming out, up fourtenths of a percent. The odds are as high as 75 for a recession, but is he right . Former imf chief economist joins me right now, ken, it is great to have you. Thank you for joining us. Thank you for having me. Maria weve got the Federal Reserve meeting on tuesday and wednesday. Its pretty much baked in the cake that the fed is going to cut rates by a quarter point, 25 basis points. Do you expect that and what is your view of the broad economy right now in. Well, certainly expect that. Theres just no inflation, and they dont really know how much more they can cut it and still not have inflation. Maybe its the trade war, maybe its a global recession going on outside the United States, but whatever. I think the u. S. Economy is Pretty Healthy except the trade wars absolutely weighing on cap x. Its hurting china a lot more than its hurting the United States, but chinas important. China hurting, hurting germany and europe, so the
Better than expected retail Sales Numbers coming out, up fourtenths of a percent. The odds are as high as 75 for a recession, but is he right . Former imf chief economist joins me right now, ken, it is great to have you. Thank you for joining us. Thank you for having me. Maria weve got the Federal Reserve meeting on tuesday and wednesday. Its pretty much baked in the cake that the fed is going to cut rates by a quarter point, 25 basis points. Do you expect that and what is your view of the broad economy right now in. Well, certainly expect that. Theres just no inflation, and they dont really know how much more they can cut it and still not have inflation. Maybe its the trade war, maybe its a global recession going on outside the United States, but whatever. I think the u. S. Economy is Pretty Healthy except the trade wars absolutely weighing on cap x. Its hurting china a lot more than its hurting the United States, but chinas important. China hurting, hurting germany and europe, so the
Better than expected retail Sales Numbers coming out, up fourtenths of a percent. The odds are as high as 75 for a recession, but is he right . Former imf chief economist joins me right now, ken, it is great to have you. Thank you for joining us. Thank you for having me. Maria weve got the Federal Reserve meeting on tuesday and wednesday. Its pretty much baked in the cake that the fed is going to cut rates by a quarter point, 25 basis points. Do you expect that and what is your view of the broad economy right now in. Well, certainly expect that. Theres just no inflation, and they dont really know how much more they can cut it and still not have inflation. Maybe its the trade war, maybe its a global recession going on outside the United States, but whatever. I think the u. S. Economy is Pretty Healthy except the trade wars absolutely weighing on cap x. Its hurting china a lot more than its hurting the United States, but chinas important. China hurting, hurting germany and europe, so the
On retail this week when we had better than expected retail Sales Numbers coming out, up fourtenths of a percent. The odds are as high as 75 for a recession, but is he right . Former imf chief economist joins me right now, ken, it is great to have you. Thank you for joining us. Thank you for having me. Maria weve got the Federal Reserve meeting on tuesday and wednesday. Its pretty much baked in the cake that the fed is going to cut rates by a quarter point, 25 basis points. Do you expect that and what is your view of the broad economy right now in. Well, certainly expect that. Theres just no inflation, and they dont really know how much more they can cut it and still not have inflation. Maybe its the trade war, maybe its a global recession going on outside the United States, but whatever. I think the u. S. Economy is Pretty Healthy except the trade wars absolutely weighing on cap x. Its hurting china a lot more than its hurting the United States, but chinas important. China hurting, hu