Keys of the of the trump presidency, looking to expand the Community Care programs. The last few months have been implement take that we have seen a handful of headlines that have been problematic for the v. A. There is a doctor in West Virginia that might have killed 13 patients. A patient in atlanta passed away. Some bad headlines. We want to sit down with the secretary to find out where he thinks the v. A. Is. He said are still some words and andlems some warts problems with the v. A. But it is much better than two years ago. It is on a much better path toward being Customer Service friendly. The opinion on capitol hill is different, depending on who youre talking to. Some folks have been excited, some folks are worried about the issues of privatization, just how much of v. A. Is being pushed out. A massive agency, a lot of people dont realize how much of the federal budget they ask 2020, 200al billion. There is watching. It is one where we exceed the budget continue to increase. I
Because something looks like it is. That will be deemed a victory. Do you share that . I agree. Even a mini victory will be great for the markets. That is priced in. People are so nervous about a trade war. Businesses and consumers are holding back investing cash right now. 3 trillion sitting in money market fund, the highest in history. People are still neil 3 trillion in money market . Correct. Neil like money under the mattress. That has to be put to work. Money going to put to work. If you get uncertainty lifted that is a whole lot of money going into the markets to lift it higher. Neil the old story of lore, markets in this anticipation might sell on the fact. Where do you think this goes . Certainly this has been an ongoing drama for two years now. Weve seen this movie before. Expectations run high. Then they get dashed. I do think there is some momentum here for at least a truce. Certainly in chinas interest to buy some ago products from the u. S. They have the african swine flu
S p 500 ended in the red check out these moves from citi, bank of america, wells fargo and jpmorgan all in the green. Few days ago rates were plunging birds and cats were living together now look have the banks turned a big corner i dont know about dogs and cats living together if you had to be a cat or a dog i think of myself as a dog. Its not a good question to answer on tv lets go to the markets i think what happened everything got ahead of itself. You go back to tuesday i think before memorial day we power pitched southeast banks. Citi, you know what boring market, slow week, into a holiday, market will rally tl tee gott ahead of itself. When citi discount at that discount tangible book its been a buy. Thats whats happening. I dont think again the landscape has gotten better for the markets. The trading landscape in the short term has does citi have more room yeah well undershot to 61. The head wind that they face still exist today. There are some rays of sunshine based on what the
Read not stop with your. Hello youre watching r. T. International im rosana loquitur thank you for joining us. The u. S. Government has authorized migration officials to use fake social media accounts to monitor people seeking to enter the country this is despite efforts to purge Online Networks of false profiles as done a quarter explains. Fake social media accounts the latest weapon in Homeland Securitys arsenal the departments updated guidelines have officially made cyber disguises fair game for its agents the fraud detection and National Security directorate is updating this privacy Impact Assessment to provide notice that officers may use fictitious accounts or identities on social media platforms to protect National Security Public Safety or to combat immigration fraud Homeland Security claims these fake accounts could be used to clean up the process of Legal Immigration detecting fraud finding weak spots and immigrations vetting system and conducting background checks are all li
Further. Bp shares jump after it sheds alaska assets for 5. 6 billion pulling out of the state after 60 years as it seeks to boost its Balance Sheet thomas cook agrees to key terms of a rescue package with stake holders sending shares sharply lower as brokers warn it may lead to a delisting of the stock a very warm welcome to street signs big day in italy not only on a political front but we have a little bit of data on the confidence front we have Italian Consumer confidence for the month of august thats fallen to 111. 9 versus july at 113. 3. In terms of business confidence, that has fallen to 98. 9 versus 101. 2 in july so that is below the 100 level. Thats fallen to 9. 7 a ton census looking for 99. 8 and thats dropl whiche have seen in july. So moral taking a hit. He called the end to the coalition and called for a snap election now you just saw there on the screen, the euro trading slightly higher versus the dollar you can see its fairly resilient. Let me bring you up to speed in