Million to 30 million tons. Next case, the federal reserve, jay powell says hes going to grow the Balance Sheet but dont call it qe4. Okay. I will put it into english. Interest rates are coming down. China trade and Interest Rates, thats why the market will go up at the opening bell. The dow lost 300 yesterday, likely to go up maybe 200 at the open this morning. The s p, the nasdaq, very solid gains this morning as well. Look, theres a lot coming at you throughout todays program. A jury awards 8 billion to a plaintiff who says he wasnt warned about the dangers of a Johnson Johnson drug. 8 billion. One hour from now, we will find out how many jobs are available, upwards of seven million. Two hours from now, jay powell speaks. We are following, yes, we will translate for you as well. This afternoon, the first lady brings youngsters to the white house to outline the dangers of flavored ecigarettes. And we may hear from nba commissioner adam silver. Hes in china, dealing with basketballs b
In europe and japan, Government Bonds pay no interest at all. In fact, when you buy a Government Bond there, you dont even get all your money back. Never in Human History has the lender paid the borrower. Rates are tumbling. This amounts to a worldwide race to the bottom in Interest Rates. Where it leads, i dont know. But its now very likely that our Federal Reserve will drop rates aggressively from here on out, simply to keep pace with everyone else. If they dont, the u. S. Dollar will keep going up, keep disrupting our trade and our economy. I thought that with all this free money flooding into the world, that a lot of it would go into the stock market, our stock market. That is not the case, at least not right now. The dow will open with a big drop, over 250 points to the downside and there will be losses on the s p and nasdaq as well. Other markets are convulsed by it all. Look at gold. Theres a rush to the safety, what they think of as the safety of gold. Its back above 1500 an ou
Aoc and Rashida Tlaib will be questioning the fed chair, Jerome Powell. Income inequality, Climate Change, oh, the evils of capitalism. Stay tuned. All right. Now look at the markets. We have seen a copy of mr. Powells opening remarks. He will say the economy performed reasonably well in the first half of the year. He did also say uncertainties in outlook have increased in recent months. To me, thats the money statement. That seems to be whats moving the market and look at this. The market is moving up. We opened this morning we didnt open yet, but first thing this morning we were down a few points. Now were going to be up about 100 at the opening bell. Look at that nasdaq, up probably three quarters of one percent. Markets going up this morning. Big show for you. Britains ambassador to america, out. And the womens soccer team takes its ticker tape parade. Varney company is about to begin. Stuart im going to call this disturbing video an engine on fire in a delta jet. Now, that was sho
Mr. Garza, welcome back to the program. Always a pleasure to be on c span, talk about the important issues that are impacting every american today. Remind people about the initiative, who you target, and particularly your political point of view. Sure. We are nonpartisan and nonprofit. What we do basically is engage, activate, mobilize the Latino Community around those issues that we feel uphold and honor the freedoms enshrined in our founding charters. And to be a little bit more detailed, we believe that we have centralized way too much power, way too much money, and too much control in the hands of politicians, specifically the federal government but also State Governments, so we work to make sure that we honor the expressions and sentiments of Abraham Lincoln that this is of the people, by the people and for the people. We have two unleash really the prosperity that we can have in the private sector. When it comes then to taking a look at the United States, give us a snapshot of th
Says valenzuela was speeding and suspected of dui. When she lost control at the intersection of desert inn and theme crashing into the barrier. I am glad that he tried his best to save them now a connection between strangers. And comfort to a family in pain , marti glaser 13 action news we continue to follow breaking news with Hurricane Matthew right now is heading toward the bahamas after making landfall in cuba eastern cuba was hammered with high winds, heavy rains and surge flooding. Hurricane and Tropical Storm warnings are now in effect for floridas east coast. From ft. Lauderdale to miami. And the threat for the southeast coast could be growing. So far seven deaths have been reported. In haiti and the dominican republic, we know alot of you have family lets check in with. 13 first alert. Chief meteorologist. Bryan scofield. Whose tracking matthews every move. Bryan. Tonight. Mostly clear. Lows 55 to 59 on the west side of the valley. 56 to 60 on the east side. South winds up to 1