The 10 year yield, a 40 basis point move in just a few sessions. Bonds surge today. Is rapidlyread sinking. The yen stronger once again today, trading right now at 10 5. 78. Guy during the asian session, Central Banks disappearing several surprises. New zealand, india, thailand all delivering bigger than expect it rate cuts to shore up their economies against mounting u. S. China trade tension. We are joined by viraj patel, arkera fx and global macro strategist. What are we seeing at the moment . Are we seeing Central Banks trying to deal with the trade narrative . Why are these Central Banks doing what they are doing at the moment . Are they worried about their currencies . Give us your sense. Raj one, the Global Economy is in a slowing down stage. Theop of that, youve got shock adding fuel to the fire, and there seems to be this race to the bottom with Interest Rates and currencies. It is sort of every man for themselves right now in terms of Central Banks. I think most people are lo
Massive slide monday of more than 700 points. While markets were certainly impacted by new china trade tensions, many still talking about concerns over an economic slowdown where do we go from here . Join me now the former chairman of the Federal Reserve, who oversaw the long expansion, except for the one we are in right now. The chairman, Allen Greenspan is with me. Doctor greenspan, always a pleasure to have you, thank you for being here. A pleasure to be here. The week that was, wild swings in the stock market over the u. S. Calling china a currency manipulative over this impasse between the u. S. And china and of course come over worries of a slowdown as the Federal Reserve is lowering Interest Rates how would you assess what we just saw this week in the stock market . I think it is predominantly tariffs. Between china and the United States and similar, irreconcilable differences. And that is causing a high degree of general global instability anything is reflecting obviously in th
Here is todays eye opener, your world in 90 seconds. Jeffrey epstein has been indicted on sex trafficking and conspiracy. An influential billionaire pleads not guilty to new charges. Exactly the kind of abuse of children that the laws were designed to prevent. President trump will no longer deal with the British Ambassador after finding out he called him inept. A toddler from indiana falls from her deagrandfathers arms. His accuser failed to produce evidence. Leaders in hong kong confirm work on the extradition bill that led to protests has been dropped. The bill is dead. Incredible scene in our nations capital, heavy rain, washed out roads, stranded cars. All that 15yearold coco gauffs run came to an end. All that matters. Im too sexy for my shirt going shirtless he wore a shirt for ten minutes. Its j. R. Smith, so no jersey, no problem. I dont know who won. I dont think any of us care. He is going home he made it on cbs this morning. A line drive. Fires the bat up. 22 was the number
To a point. In my opinion, this trial despite what dates anybodys asking for or anything else, it is not going to happen before the election. Plus, the aloha spirit on maui, Lahaina Strong Spray painted on the side of an overpass, but that phrase is being tested every single day. The Recovery Process there painfully slow. Now a key official has resigned as authorities admit theyve searched just 40 of the burn zone. Weve got the latest straight ahead. And deadlier wildfires, record breaking heat and stronger hurricanes all tied to Climate Change, a new study now finds the massive role the richest americans have when it comes to climate emissions, but they arent the ones paying the price. Ill speak with the lead author of that study. But we begin with the move that brings to mind the old adage go big or go home. Former president Donald Trumps lawyers are now officially asking for a major delay in his federal Election Interference Trial in washington, d. C. , asking the judge to push it t
They are going to look back at was going on right now with respect to an 11 before we dive in and you can submit your questions online via webpage, facebook and youtube as well as twitter. Twitter center of surveillance and ill saycenter of surveillance and google, it would take you to the timeline that covers the period from early 20th century, a series of events but use the as we go forward. I want to turn now our panelists here. The Deputy Director of the National Security project, senior director of the center for justice and liberty National Security program and carrie cordero, former assistant u. S. Attorney as well as senior fellow and general counsel at the center for new American Security, thank you for partnering to be with us today. Ill say to break a little bit, i was home sick on 9 11, i was erotically supposed to be in very section of the pentagon was hit by one of the airliners and a little after 9 00 a. M. On the morning, i turned on tv and i saw the tower burning and t