In japan and we still havent got anywhere near the levels of growth that we had precrisis so the output gap between the protect what could have the growth we should have had a more we do have it remains very long yet were were in a bad situation i think and britain. Half a trillion of this quantitative easing and even voices in the military will see committee at the bank of england saying its not working yet well theres voices everywhere now even some of the top Central Central Bank governors raising questions about q. E. Druggy in his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy to create demand in the economy that i think kids need. The roots of the response problem to what we have right now are the roots to be found in postings because. I know youve been wr
A demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing i wages is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the Central Bank Buys up the safe assets the government bonds some of their Corporate Bonds that are held by Institutional Investors those Institutional Investors will then bible and sort in risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality. Well there isnt enough demand in the econ
Doing financially under the current administration, are you better off under President Trump . They want to know what you think and why. If you think you are doing better off we want to hear from you at 2027488000. If you do not think you are doing better off, we want to hear from you at 2027488001. Keep in mind that you can always reach us on social media on and facebookspanwj at facebook. Com cspan. Usa today made the new jobs report its top article, and heres what they wrote about it. Rebounded strongly as employers added 224,000 jobs, even recession fears and a Federal Reserve expected to cut Interest Rates. The Unemployment Rate ticked up from its 50 year low. The Later Department says. Payroll gains for may were 270 2000 from from 75,000. Economists surveyed by bloomberg expected 160,000 job gains. The job report shows that the u. S. Economy continues to create jobs even as we enter the longest period of economic expansion on the record said tony, managing had of citizens bank. B
Jimmy thank you very muc looking good looking good out there thats great welcome to the tonight show. Give it up for the roots, everybody, right there [ cheers and applause well, you guys, the race for the democratic president ial nomination has barely started, and its already getting crazy listen to this former democratic senator mike gravel is thinking about running at 88 years old. [ light laughter ] 88 when they heard that, Bernie Sanders and joe biden were like, hey, whos the new kid . [ laughter and applause thats right we could have a 76yearold, a a 77yearold, and an 88yearold running for president. [ light laughter ] i cant wait for the debates i mean, who wouldnt be pumped about the possibility of listening to a threehour symphony of dry coughs [ laughter and applause [ coughing ] these guys shouldnt be running for president. They should be in a movie about a group of friends taking their last trip to las vegas [ light laughter ] thats thats what i would watch. [ applause ] bu
Do you, do you, want my love, woman. Do you, do you want my faith . I need it. Do you, do you want my love sh do yo. Ashley do you want my l . Im ash as ash Ashley Webster in simonetti. Cheryl im cheryl casone. Ashley markets are up slightly on the dow, 55 points, the s p and nasdaq also up a quarter to a third of a percent. Cheryl continue to watch the bond market. The 10 year is as 2. 04 a loss of one basis points. Ashley tensions in iran continue to have an impact on the oil market, up again, nearly a 50 cents. Cheryl we saw big moves in gold last week. Were at 1404, a gain of a little more than 7. Ashley lets take a look at the stocks in asia, modestly higher across the region, nikkei, shanghai, kospi up to varying degrees. Cheryl europe is in midday trading, the ftse is slightly higher, the cac and dax just a little lower. Ashley now to the top story this morning, iranian leaders threatening to shoot down additional American Military drones, as President Trump is doubling down on