Cut. Seven of them are forecasting two quarterpoint cuts this year one is forecasting one cut eight are on hold. And one is forecasting a high cut. Eight forecasting a cut. Ser seven is two cuts. One is one cut, one on hold, one hike the result is actually unchanged. However, its down by 50 basis points for 2020 to 2. 1 , down by 1 for 2021 to one quarter point to 2. 4 . The long run also down by a quarter. The long run fund rate to 2. 5 from 2. 8 all of this took place, by the way, without much change in the Overall Economic forecast. A little tweak here on jdp, unemployment let me get to what the statement says about the economy the labor market in the statement says remain strong Economic Activity rising at a moderate rate and thats down from a solid rate in the last. Job gains solid, it says the Unemployment Rate remains low. Same language as last time Household Spending picked up from earlier in the year Business Investment was soft, and they had said it slowed. Overall inflation
Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook changing . Lets ask adam parker, Research Founder and ceo at a cnbc contributor so. Adam, yeah, those have been the narrative threads that worked pretty well. Almost no pullbacks. Some pockets in the market in the last couple of weeks and things have cooled off but not fallen apart. Where does that leave us . I think the bull case is still intact, right . If the average company can have gross Margin Expansion and if i start thinking earnings will be up for the next few years well be ahead 25 ver
Second, but he was in a thing called the civil war. You can understand that. Andrew jackson was really, really treated badly. In fact, his wife died during the process. A lot of people said she died because of the way they were treated. I mean, she was heartbroken and broken in so many other ways. I heard that for years. And i look now, even last night i was saying it. I said, Andrew Jackson or anybody else, when you think of the fake things, nobody has been treated like trump in terms of badly. No, thats true. Thats true. Thats definitely true. There is some truth to that, willie geist. Its hard for me not to also look at the person asking the questions. I mean, are you kidding me . These networks floating trumps lies. Im not going to make fun of it or anything, but it is creating a whole level of lies that people are swallowing whole because they think thats news. They think those are facts. Thats the part thats sad. I mean, its pathetic that donald trump parallels himself to Abraham
Oakland this weekend for the annual marathon. But this year, there is a hint of curry. Also little boy black the woman who made headlines for becoming the Oldest Park Ranger made headlines with part of a new documentary. Good evening, this is nbc bay area news tonight. Im raj mathai. That mold issue in san jose and the big event this weekend in oakland, well get to those stories in just a few minutes. We begin, though, with the headaches at sfo. Hundreds of protesters calling for a ceasefire descended on the airport this morning. They disrupted the international terminal. No flights were delayed or canceled, but the demonstration did cause chaos for a lot of people just trying to get through security and on to their flights. Free, free palestine. Free, free palestine. You can hear them. You can see them. Hundreds of protesters spreading out, trying to disrupt travelers and flight crews. They blocked both the roadway outside the terminal and two security gates inside. That forced the ai
Your equity market right now, totally unchanged on the s p 500. If youre worried about the dates are, do not report it. If youre worried about the market, then sell a depreciate latest news out of china, we have seen these headlines before. Chinese authorities ask you Investment Funds to avoid being net seller of equities. If you do not trade to come if you did not report it, then it is not happen and the answer is at least around the world, especially given the data they have been reporting consistently has been worse than expected so then i guess, in absence of it, people think it is gotten better. Jonathan expectations on wall street around growth on china has changed. Jp morgan had a forecast growth of gdp a 6. 4 this year. This been cut to 4. 8 percent, four handle for a six handle in a number of months. Lisa there are signs peoples bank of china are starting to respond but it is not clear what they can do to generate confidence. I want to go back to the idea that they are not rep