Judgment. The number one job of the United States ex to cajunwh secretary is to create an environment in which our 100,000 Public Schools succeed because thats where nine out of ten of our children go. When i was education secretary in the early 1990s i have the privilege of working with a man name david kern. Who has been a chief executive officer of the corporation. He came in as a deputy b education secretary and the time he was the only one of the leading build dash like businessman and he was also the leading businessman who tried to help change Public Education. And david kearns believed itso very difficult to help children by changing Public Education be try to do from within. He respected as all of us do the teachers and the parents in the students who work within the Public Education system but over the last 30 years as his country has worked to try to improve our Public Schools much of that energy has come from outside the Public School establishment. Among those were the gov
Judgment. The number one job of the United States ex to cajunwh secretary is to create an environment in which our 100,000 Public Schools succeed because thats where nine out of ten of our children go. When i was education secretary in the early 1990s i have the privilege of working with a man name david kern. Who has been a chief executive officer of the corporation. He came in as a deputy b education secretary and the time he was the only one of the leading build dash like businessman and he was also the leading businessman who tried to help change Public Education. And david kearns believed itso very difficult to help children by changing Public Education be try to do from within. He respected as all of us do the teachers and the parents in the students who work within the Public Education system but over the last 30 years as his country has worked to try to improve our Public Schools much of that energy has come from outside the Public School establishment. Among those were the gov
I might have met one yesterday, patrick harker. The new philly fed president. Has a business background, academic background. Went to the university of delaware. Interesting guy. Has a Civil Engineering degree and a master in economics. He was trying to be a homer. I know. I got it. I was ignoring it. Thats your first meeting with this guy . Yeah, it was. Hes not as hawkish as charlie plosser. Much more down the middle. Love charlie. Hes on board with a few rate hikes, but not in a hurry to do more. Three more or three total . Three total. Two more. We had kashkari on yesterday. I know. I saw that. You did . I read the transcripts later. You did . Yeah. Some people with that viewpoint like the interview, my viewpoint. You heard, if you read you know what i was saying to him, i think hes crazy. Right. Because youre close enough to the statistical Inflation Numbers to where if youre at all forward thinking at all, now is the time. He just kept trying to defend that position. I thought wh
Good morning. Very warm welcome to Worldwide Exchange here on cnbc. Im wilfred frost. Im seema mody in for sara eisen. Good morning to you. Nice to have you with us. Good to be here. Lets check gobel mlobal market. Futures or i should say u. S. Stocks ending higher yesterday. The s p closing about 1. 6 away from the record closing high. Futures indicating a lower open. Down 3 for the s p 500. Dow jones off by 14, and the nasdaq off by 3. This as we kick off the earnings season for q1. Treasuries have been in focus. Yesterday fed chair janet yellen dropping a hint that rates will be likely rising again shortly. The tenyear yield hanging out around 2. 3 to 2. 4 . Right now at 2. 34. Lets look at equities around the world. Asian Equities First up. The nikkei and hang seng both down a bit today. Hong kong almost down three quarters of a percent. Shanghai up about 0. 6 . European trade to move on to that, we had some data hit the wires. Eurozone industrial output down 0. 3 month on month. I
Yesterday . What did you think . Weird, right . What you are talking about . Went all the way up. Yesterdays session . Yeah. What happened midday that knocked that off . They thought it was the ap story about trumps tax plans, how theyll scrap it and start all over again. I dont know. During the day, the guy in north korea said were this close to nuclear oblivion, the markets just tread water. But then the tax plan. Syria saying, yeah, russia said one more move, were at war. And then the futures didnt move. But then they said something about the tax plan, could be a week late, the markets moved. Thats very telling. How do you price it in . You can kind of when the world ends, it doesnt matter might as well trade until it does. Flight to safety. Im in safety. It doesnt matter. Even oil, with everything happen. When music is playing, you have to dance. Quick heck on whats going chec in europe and then oil. The dax down a bit. Cac, we will call that flat. Virtually unch. It is unch unch.