From heaven on free glad you could join me we start in poland now where polls are closed off the nations parliamentary election on sunday turnout was high as people voted on whether to give the rightwing nationalist Lauren Justice party a 2nd term in power now the vote was held amid concerns within the e. U. Over the partys commitment to a future democratic system Opposition Party say that the outgoing government has undermined the independence of the judiciary and media as well as making poland less welcoming to ethnic minorities in the l g b t community. Well in warsaw correspondent livia courtis is standing by with us and also in the studio Wojciech Szymanski for. Service hello and welcome to you both i want to begin with you because you have the projected results so can the nationalist no and Justice Party the p. I. A. s govern alone again or will they have to form a coalition or is it too close to call. I think its too close to call. The exit polls in poland are not very reliable
We will dig in and follow every move the cbo out today saying the deficit will increase more than earl remember forecast as david said, retail strengths, lowes up t. Target up, more signs of spending from the consumer charlie, welcome this is your kind of rally day any great reason behind it the American Economy continuing to be 70 consumer form the consumer is in very good shape he walmart had seals up almost 3 , target, home depot showing strong results its very hard to have a recession with dropping unemployment, rising wages and strong consumer spending, and yet some of the members of the fed want to cut 50 basis appoints, double what they did. I dont think theyll succeed. I think theres just as many that dont want a cut at all we need to keep bullets in the gun, this is not the time to be cutting rates in the middle of a Strong Economy frankly i think the president s tweets actually decrease the chance of a cut. Nobody on the fed wants to look like theyre bowing to his whim. Lots
Youre watching the aljazeera news our life my headquarters here in doha coming up in the next sixty minutes the European Union commits fifty three Million Dollars to additional aid for the palestinians following the u. S. Decision to withhold funds. To reexamine our military detention policy and to keep open the detention facilities in Guantanamo Bay. Also multiple promises for the u. S. Military that president state of the Union Address the kuantan of obey prison is to stay open indefinitely. And you have a government remains besieged by separatists inside the president ial palace an aide and aide operations have been suspended in the port city. Also well tell you about why the largest Retail Market for ivory has shut its doors to the trade story and the impact of hong kong. Welcome to the program the European Union is giving an extra fifty three Million Dollars in aid to palestine following the u. S. Decision to withhold funding that use Foreign Policy chief frederick made the announ
51. 94. Coming up on 52 here are the big stories were watching new this morning, defense secretary james mattis responding to north koreas latest threats saying the u. S. Will seek a diplomatic solution. Mattis making those comments at a News Conference in india south korea is reporting that north korea boosted defenses on its east coast after it said it would shoot down u. S. Bombers flying near the peninsula. Shares of apple dropped for a fourth straight session yesterday. Debt klein f the decline follows reports about concerns for demand for the new device on the wall street agenda. The s p caseshiller home prices are out at 9 00 a. M. Eastern august home sales at 10 00 Consumer Confidence also out at 10 chair janet yellen will give the keynote address at the National Association of business economics at 12 45 perm even we will hear from lael brainard, mester and bostic. On the corporate front Carnival Cruise lines and darden report results before the opening bell after the close, w
Good friday morning. Welcome to squawk alley. Jon fortt, sara eisen and me at post 9 on a very busy friday as the market stumbles a bit for the first time in about a week, taking a pause in their historic rally as the president goes to South Carolina for that meeting with boeing. Investors seemingly undeterred this week through headlines and fake news and cabinet changes. The question is, will that confidence continue as the president s policies move closer to implementation . Were joined by richard clarendon at pimco and mike ryans, global strategist at ubs. Good to see both of you. What a week weve had. Its not just been potus. Its been yellen, philly fed, cpi. What can we say this after week weve had . Weve had strong data for several weeks. We had yellen on the hill for Humphrey Hawkins stem. She leaves her options open, didnt show her hand for the march meeting, but strong data. One question, mike, is do you sense there is any rise in complacency, underestimation of the risks, you