I mean it as a political operating system of the west, the United States, britain, europe. , europe. The political philosophy done that gave rise to our constitutional order. The governments role and protecting those rights if you have a more libertarian view or making it possible for you to have the full enjoyment of those rights if you have a more progressive view. The purpose is to provide liberty and protect liberty. This very purpose in this very end is undermined to protect and give rise to. We will into that. Ten both democrat, republicans, conservatives, do they do they all consider themselves to be liberal democrats to their extent . What we think of as our political spectrum is basically rightleaning liberals and leftleaning liberals or has been until very recent times. What we have seen in the west is largely a debate within the frame of liberalism. We are entering an age where that may be coming to an end. You write that liberalism has failed, now because it has failed shor
Jinping. The world sector is leading the charge today while industrials lag. Joining us for the hour today is Barbara Duran from bda Capital Partners what a year its been. Were on a run well see how far the momentum can take us. What do you think . Its interesting. If you look back a year, the market was 14. 5 and now were at an 18 pe i think the market can continue. I think youve had positive feedback on whats happening in china. I think with the fed, easing three times when we expected them to raise, and global easing among Central Banks around the world, youve got great support for next year. And the valuation, if you just exit out the top five stocks, its 16. 5 and with Interest Rates this low, i think we have more to go. Well see what earnings do in the new year and that ultimately may be the tell on where stocks go from here. Lets focus in on the big stories. Bob is at the exchange and bertha is at the nasdaq, which is trying for its length straight day in the green, and less lee
[inaudible conversations] good afternoon. My name is harold furchtgottroth, senior fellow at the Hudson Institute and i will be your host today. Thank you so much for joining us. We are very pleased and honored to have witnessed the honorable makan delrahim, the assistant attorney general at the u. S. Department of justice. He needs to introduction, and he has been working around issues related to antitrust for a great deal of time. He has a very distinguished resume which you can find at the department of justice website. Before we get started i have two requests. One is if you take your cell phone and put it on silent mode so that we dont have unnecessary interruptions of that sort. The second is for the q a session we will have cards that you can write questions, and those cards are going to be passed around and you can write your questions. They will be collected and i will sort through those. We particularly would like to welcome our cspan guests and or other guests that are watch
Renewed china trade optimism set to fuel further gains of the open retails big week and the tariff impact into the holidays. Best buy, dicks, dollar tree, abercrombie among the retailers reporting today. And ford challenging tesla to a apples to apples tug of war between pickups and elon musk says bring it on three major indices saw record closes, top trade negotiators from the u. S. And China Holding a phone call earlier this morning the two sides continue to work toward a phase one trade agreement. Trade rep lighthizer, mnuchin, both participated in that call and both sides agree to remain in contact over remaining issues on twitter, you said the phone call last night was very important in terms of furthering a deal yeah. It is real ive been skeptical. This was a real call phase one probably happens Financial Services get opened up president may believe that intellectual property is for real that instead of just a soybean buy, a promise to they would respect intellectual property. Do
With beijing and washington talks. We are waiting for had for that. The hang seng raising some of the losses we have seen. Mckay up three quarters of 1 . Asx, which has had a rough time of it. Up 6 10 of 1 . A bad day for manila. David yesterday, we were down 1 that is standing on the screens. Rishaad lets have a look at some of the other asset classes. This is a position we have had. Nickel has had a torrid time should it has entered a bear market. 20 down since the beginning part of september. Prices may snap back next year if the conditions start to reemerge. A bit of a loose side of things that has driven things downward. Investors have continued to grapple with the uncertainty of trade. Lets have a look at what is going with the australian dollar. Just up a fraction at the moment. We had the commonwealth of australias pi numbers. Inwed manufacturing contractor he services. Picture,t the crude . 25 toks at 20 the barrel. The 10 year yield on the japanese bonds. The are yielding eig