Were looking at 1. 5 growth. That is better than no growth but still not typical recovery growth which is what worries greg smith. You have been looking at this for a long time. It is the strength of this recovery that concerns you. It is still percolating along but not robustly. What you worried about . It is percolating, you stole my thunder, you average two quarters out. Neil of i dont Connell Mcshane will come up with the chart. If you go back to 20122013 the Commerce Department this 2 growth rate seems to be the norm. The lowest since any recovery since the Second World War and here is what concerns me. Fiscal policy is not working. Wind will jack lew and penny said down and say this policy is not working, we need to change course . The fed policies zero Interest Rates, not working. Neil we are not back to the rates, were certainly back of the maps and why dont cynics like craig realize that . They are wrong. There is so much malloy investment going on now as a result of zero rate
Brexit. That came up to a 15, 16 month high. Coming to brexit, i just dont know if she has a plan. I think that is the confusion today. Emphasis appears to be on immigration. Represented in the market. Coming up we have several guest. Charles peabody managing director of compass. Is here to talk about systemic increase. Deutsche banks chief economist joins us to help make sense of store for a Europian Union minus one. Time, the market. Lets get the global score card up. Relatively flat in the united states. Percentage point. Today in losed frankfurt. 128. 78 down. Two opposing forces. Throughout the uk is positive. He politics thats whats weighing on sterling. The pound sliding after the pledged rime minister to start pulling the uk out of the Europian Union by march. Theres no such thing as a ifference between soft brexit and hard brexit. Hard brexit is a conscious reject trade is a false dichotomy. Whether people like it or not, the country voted to leave the and that means we are go
Bank rallied. Coming off record lows from the equity come this story has legs. This withill follow the former Philadelphia Fed president coming up in just moments. Later, the ceo of one of the largest u. S. Automakers, ford, will be joining us. A lot to look forward to. Jon, we are seeing a little bit rally. Of a relief that has been the story over the last couple days. Deutsche bank up on the session. Similar story on the ftse. The fx market, not much price action. The opec jawbone in overdrive. That story has legs. The commodity market is a little bit stronger. Brent up by 2. 4 . Almost streaking back to a 47 handle. Twoyear yields in germany, alltime low yield. Today, in a secondary market, worth 1. 5 basis points. Yesterday, negative, negative, negative, negative yields. Bonds are back in their box. Alix what happened to the yields backing up . That seems to have gone off the ledge. Lets check in with their bloomberg team. Guy johnson is in london having the latest on the Banking S
What would that do to investor euphoria . Well talk about that, coming up in a moment. Theres another entrance into the fast food space today. Bojangles. Take a look at that huge first day move soaring on this first day of trading. Up. Weve seen that menu before. Ha, ha, ha. Were here for two hours, folks. Uber may be looking to ditch google maps and, get this pay 3 billion with a b dollars for another service. What are they going to get for 3 billion . People gave it to them, apparently. All these crazy ams of money another story we talk about all the time. In the markets, the Dow Jones Industrial average close to the highs of the session, higher by 271 points a gain of 1. 5 . S p is also higher by more than 1 . So is the nasdaq. Nasdaq is up 53, almost 54 points. Were still talking about whether or not it could regain this 5,000 level. Its recovering at 4,999. Gosh. Good chunk of the session. All right. Lets get to our Closing Bell Exchange today. A lot to get to with our guests. We
With the doj . One year in his tenure at the top of the Justice Department, two attorneys who know, harry litman and john yoo come here to discuss in moments. Hello and welcome to fox news night, im Shannon Bream in washington. Lets kick things off of the intrigue at the Justice Department with White House Correspondent kevin corke. Shannon, what an evening, right . We are talking about twotiered justice, that is what critics are arguing after the fbi decides to close an investigation make that the doj decides to close an investigation into former fbi official andrew mccabe, who has been accused of lying to officials. Now, keep this in mind, that is all happening while we have been studying and watching very carefully, cases involving roger stone and Michael Flynn, who have been accused and even convicted of doing essentially the same thing, and that is lying to authorities. It is an absolute disgrace that they took two years and put my family through this experience for two years befo