Good morning, everybody. Youre watching Market Makers. I am Erik Schatzker. And i am Stephanie Ruhle live at Deutsche Bank. It seems like bloomberg does not want to you and i to reunite. You were on location all last week. I am on location today. I promise it is worth it. Earlier i sat down with the ceo who gave me his recipe of having happy bakers happy bankers. How do you have a happy banker in a country with a socialist president . He claims he knows a way to do it. Remember they just had a massive Capital Raise. Unlike barclays this retrenching is getting away from those capital intensive businesses like fixed income. That 8 billion. We will find out exactly where. I cant wait to see you talk to your former boss. I cant wait to see you. I think i brought some of my former 360 reviews. I am a forger amy i am a mer which the alumni former Deutsche Bank alumni. As you know it is time for the newsfeed. These are the top is in the stores around the world. Top business stories around the
Economy. Its a fine line to walk, but that is what the central bank is saying there today. Speaking of china, growth in the countrys Services Industry edged up in october. A private survey suggesting there are further indications that the economy has stabilized. And Australias Central Bank announcing its keeping its cash ready steady at a record low of 2 . The European Commission out with its latest forecast this morning saying that europes economic recovery will continue into the second half of the year, though, as subdued pace. In the meantime, unemployment will remain high through next year. Well have more from Ross Westgate about how that is affecting european markets, but rye in and out, andrew, back over to you. Thank you, becky. Jpmorgan has talked with the Justice Department and is now said to be gaining momentum again after several disagreements which planned to scuttle the impact between the two sides. The latest in the wall street journal saying that the comprehensive final
I want to look at each of these programs on its own merits, at least any program that is plausible, not any cockamamie idea. I want to look at it on its merits, and often technological elites are instrumental in assessing those programs and often condemning those programs and conditions change. One example of a success eyesight, a controversial example, but im confident i am right about this is the 1996 welfare reform which was the result of a variety of experimentation of the kind both dr. Kling and i endorse at the state level, and also those experiments were designed by heats. Theres a new book out by russell sage called fighting for good evidence, social policy, which recounts the story of how difficult it was to get that, to mount this experiment is going to design them and implement them and then to use their findings. In policy terms. So im all for favoring where they do the right thing. In my conception of what the right thing is. And opposing them an when they dont. I dont thi
Makes no obama apologies for the deal that led to bergdahls release even after criticism continues from members of congress. We want to hear your thoughts this morning. Republicans can call host you can also catch up with us on your favorite social media pages. Host good friday morning to you. The headline in the washington post, obama says no apologies for bergdahl release deal. Thursdayt obama said he cannot give up the chance to save one more life in the war. [video clip] we have a basic principle. We do not leave anybody wearing the american uniform behind. We had a prisoner of war whose health had deteriorated and we were deeply concerned about, and we saw an opportunity and we seized it and i make no apologies for that. We had discussed with congress the possibility that something ike this might occur. But because of the nature of the folks we were dealing with and the fragile nature of these negotiations, we felt it was important to go ahead and do what we did. We are now explai
The troops, the air and the navy did all that bravery and devotion to do. If any fault attaches to the attempt, it is mine alone. That is a note that Dwight Eisenhower carried around with him. He accidentally dated at july 5. He meant to june 5. Never had to release the note because the invasion was successful. Troops crossed the English Channel with an armada of 5000 votes. The Largest Military armada still in history. And they invaded the normandy coast 70 years ago today. For the next hour and a half year on the washington journal, we are going to be live from the world war ii memorial on the mall in washington dc we want to get your calls. We want to talk about dday, the importance of dday, world war ii, and we are going to set aside our third line for those million plus world war ii veterans who are still alive and those of you who remember world war ii. Here are the numbers. Remember d war ii. Here are the numbers. We want to hear from you for the next hour and half. Go ahead and