Cspan two. S on the sunday morning we want to turn our attention to politics and the latest recordings released late last week by the showing donald, trump supposedly talking about being his own publicist as the miller. M john do these recordings matter . We will let you know in just a moment. In onand comments, coming the line for democrats. 202 also, share your comments on facebook, facebook. Com cspan, or send us a tweet, http twitter. Com cspanwj. More on these recordings is Available Online. Quoting laura ingram, a conservative regular truck talk show host says the media is treating this like its watergate. It doesnt matter, he told chris wallace, questioning whether or not it matters at all. It is stupid, but this is going to heres a portion is released by the Washington Post, last week. Host donald trump claims that that is not his voice. We will hear from him and in his interview from friday, John Cassaday is writing about it this morning. This is the headline a trumpf characte
Lacqu lacquer. Heres what else is happening this hour. Stocks in the green as we get closer to the weekend. S p 500 higher. 25 along with the nasdaq and dow. Led by big gains. Mylan having lows after releetsing a report medicaid grossly overpaid for epipen drug. Young brands seeing a 460 million stake in china unit in a unit of alibaba. Very busy two hours ahead. Including jobs report. Some are calling a dud. Its great. Loved it. The u. S. Economy adding a weaker than expected, 151,000 new jobs last month. Begin with comments from the Federal Reserve and sees the leaseman. Couple guys speaking next week. A week from tuesday, blackout period. Very much on the hawkish side of things. Rates should be significantly higher given look at variety of rules out there. He points out the recent job growth has been about double the population growth. Thats enough when youre at full employment. Inflation he says is the likely to lift. Benchmark rates for the Federal Reserve. The data is consistent
Nasdaq climbed. 98 . You want an impressing stat . Dows lost more than 1,000 points this week, the s p more than 1 trillion worth of market cap has been wiped out. Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. But if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, it wasnt real people. Terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when it climbed to 5200. Made no sense whatsoever, it was it, and while the Chinese Market has managed to come down from 4300 to 3200 the currently level. The sheer number of people who wanted out when the government instituted Circuit Breakers earlier this week
Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job gains this month. But if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when it climbed to 5200. Made no sense whatsoever, it was just people throwing money at it, and while the Chinese Market has managed to come down from level. The sheer number of people who wanted out when the government instituted Circuit Breakers earlier this week while devaluing its currency, it got rid of the Circuit Breakers because it has no idea what its doing. I think the shanghai market would is have at least started the process of roun
Only on, we know it, nasty wig. Thank heavens it is over. Fortunately, i guess, it ended with a pathetic whimpering sell off and not a bang of a selloff, and as i told you all week, do not expect anything good from this market, not now, no way. Dow seeking today, 168 points, nasdaq climbed. 98 . You want an impressing stat . Dows lost more than 1,000 points this week, the s p more than 1 trillion worth of market cap has been wiped out. Sobering and i need you to think about that because thats what were dealing with right now. You think that this market would have been able to go higher with china being able to mount a pretty big bountiful job but if you thoughts that, you would be wrong. First the Chinese Government propped up to the market last night with all sorts of buying, it wasnt real people. Terrific that it didnt go down. We all know the drill, the communist party is making it up as you go along. The massive rally in 2014, when the shanghai was at 2100. In may of last year when