Advance, if its a very good month if it stays like this, the best june sinceey 40. We keep an eye on that. I remember that one well. Like just yesterday we were covering. A. That we have socalled bond king, jeffrey gundlach. He has turned markedly bearish. That the Federal Reserve doesnt know what he is doing and politicians flummoxed about the debt, whether they want to address it. He has been buying gold. He is optimistic on gold. His read on things a little later in the show. Edward lawrence on what the fed decision could reveal today. The white house want to see rates cut like now, right . Reporter the president made his observations clear. He would like to see that rate cut happen. It is widely expected the fed will keep the federal funds rate, 2. 25, 2. 50. Recent studies say that number goes up at the next meeting to 82 . Were looking for changes in the language of the statement. If the Federal Reserve says they will be patient for future adjustments. How the data changed and lo
Of course, so i think we are a long way from that. Digital currencies are in their infancy. So essentially, not too concerned about, you know, the Central Banks no longer being able to carry out Monetary Policy because of crypto currencies or digital currencies. You know, facebook, i believe, has made quite broad rounds around the world, really, with regulator regulators, supervisors and lots of people to discuss their plans and that certainly includes us. And its something we are looking at. We meet with a broad range of private sector firms all the time on Financial Technology and theres just a tremendous amount of innovation going on out there. The potential benefits here, there are also potential risks, particularly of a currency that could, you know, could potentially have large application. So i would echo what Governor Carney said which is we will wind up having quite High Expectations from a sort of safety and soundness and regulatory standpoint if they do decide to go forward
Back manufacturing. Well, well tell sleepy joe that we found that magic wand. Former Vice President joe biden and 2020 frontrunner said not so fast, tweeting this, lets be clear, trump inherited a growing economy from the obamabiden administration, now he . Process of squandering it, so, panel on, to you, do you think that mr. Biden has any validity in what he is tweeting . I think he has some. The president obama did give a decent economy to President Trump with a job growth 2 million a year, but President Trump does deserve a lot of credit for extending a long bull market and a long growth in the economy, with the tax cut and cut in regulation, ien to like the trade war i dont like trade war and tariffs, it is self sabotage but President Trump deserves credit here. Gdp growth in first 9 quarter of Trump Presidency 2. 7 , compare to last 16 quarters of obama at 2. 3 . The numbers tell the tale and when the Trump Administration took over the presidency, in 2017 it was 1. 7 . Were looki
Rick scott member of Senate Homeland Security Armed severs Budget Committee good morning. Good morning. How you doing. Cheryl good you are bidding to replace mitch mcconnell, as senate gop leader you say you quote believe the hour is later than it seems for our country. And that we need a fresh, new he approach because old way is not working. Tell us more. To well first off my job will be, to fight like hell, for the seat the ideology the policies of the radical left clearly destroying this country, almost 35 trillion dollars debt border wideopen Foreign Policy a disaster weve got a federal government does not representative america anymore weve got to make sure we have Republican Leadership republicans in d. C. That representative republicansaround the country i am a business turnaround guy turned around blis governor of florida when in financial distress we have to turn this country around i am going to fight like hell to do it i am going to make sure i am a partner with donald trump
Hush money trial is entering day 20 this morning as former Legal Advisor to Michael Cohen, Robert Costello will return to the witness stand today for cross examination. Judge merchan clashed with costello yesterday sending reporters out of the courtroom, threatening to hold him in contempt if he continues to, quote, stare him down during the testimony. Costello confirmed that cohen said trump did not know anything about a nondisclosure agreement payment to Stormy Daniels. Cohen also admitted he stole 60,000 from the trump organization. He said, yes, i stole 30,000. When you add it up with taxes it was 60,000. The defense team will likely rest their case today as trump calls for this case to be terminated because of the lies out of Michael Cohen, he said. Joining me is former Georgia State representative, former candidate vernon jones. Its great to see you this morning. I want to talk to you. You were in the courtroom yesterday with former President Trump and it really from what im hear