average growth has averaged 156,000, that compares to average of 190,000 new jobs a month for the 8 years since the end of the recession, dana, between the global slowdown and the continuing and perhaps intensifying trade war between the u.s. and china, how big a threat to our economy and how big a threat to president trump s fortunes in 2020? i think that the president actually has right on this one, that s across the board in every sector but people seem to be getting nervous, you have a lot of planes on the air, mr. president, you have to land one of these and the trade deals both the china trade deal and also the one with méxico and canada, if you could get those done this year would be good. i did think that neil erwin said i don t think they ll be a recession but slowdown but as long as there s positive growth, i think that jaram powell, he
i think that jaram powell, he will do what he needs to do to help the economy but doesn t want to be bullied into it by the president. chris: pretty hard when the president keeps bullying. i think jarome powell has shown he s independent. i don t think negative interest rates aren t necessarily sign of economic strength as a country you don t necessarily want that. we are ways from negative interest rates, let me pick up on jay powell part, juan, despite signs of slowdown, jay powell there in that session this week reassuring that they re going to do what they need to do to keep the economy going and broadly hinting there will be at least another interest rate cut, talk of 25 basis points, quarter percent, not a full 1% or i love this. [laughter] i like talking i never understood why it has to be 100 basis points rather than 1%,
i think that jaram powell, he will do what he needs to do to help the economy but doesn t want to be bullied into it by the president. chris: pretty hard when the president keeps bullying. i think jarome powell has shown he s independent. i don t think negative interest rates aren t necessarily sign of economic strength as a country you don t necessarily want that. we are ways from negative interest rates, let me pick up on jay powell part, juan, despite signs of slowdown, jay powell there in that session this week reassuring that they re going to do what they need to do to keep the economy going and broadly hinting there will be at least another interest rate cut, talk of 25 basis points, quarter percent, not a full 1% or i love this. [laughter] i like talking i never understood why it has to be 100 basis points rather than 1%,