Spending. Current funding levels expire on september 30. All of the senate live on cspan2. Joining us is rick tyler, now stillh a new book, right. What is the message in the book . I think i wrote it for two reasons, and to different audiences. Lets say its too left and right audiences. A large part of it is a misunderstanding of what conservatism is. A, i wanted to create rational defense of conservatism as write about conservatism an attractive governing philosophy. In the same way that other writers can and have written as about progressivism. Because progressivism and many countries have progressive forms of government are a rational form of philosophy. It is not mine. My philosophy is conservatism. I would like people, at a minimum, who take the progressive point of view, to understand what actual conservatism is. If i think about it, i wrote it for the right for the exact same reasons. I hear a lot of people pronouncing policies often repeated by the president and it gets labored
Two reasons and two different audiences. Lets say it is the left and right audience. I wrote for the left because i often hear conservatism denigrated as a philosophy. Part of that is a large part of it is a misunderstanding of what conservatism is. A, i wanted to create rational defense of conservatism as write about conservatism an attractive governing philosophy. In the same way that other writers can and have written as about progressivism. Because progressivism and many countries have progressive forms of government are a rational form of philosophy. It is not mine. My philosophy is conservatism. I would like people, at a minimum, who take the progressive point of view, to understand what actual conservatism is. If i think about it, i wrote it for the right for the exact same reasons. I hear a lot of people pronouncing policies often repeated by the president and it gets labored labeled as conservative. Will espouse philosophies that are not conservative. I think trade is one of t
Kaplanter kaplan dr. Joining us on the fed, the economics, and how it folds into policy. Joins us, james acey from aberdeen standard. We love having him on for a more holistic view of what is going on. How alone is technology here in its ascent . James i think it looks incredibly alone. If you look at the u. S. Equity market without scratching beneath the surface, the messages that youve had an amazing recovery. The equity market is not just priced return to normality, but it has gone beyond. When you scratch a little beneath that surface. They really are the only things pushing higher, almost regardless of incoming data, regardless of the economic environment we face. That trend is global as well. Youou take the msci world, get a very different picture. If you take tech out of u. S. Equities, you get a very different picture again. It does seem that the market is saying that virus were no virus, whatever the world we are about to face, it is not a bad thing for tech. Quite the opposit
1. 17. Of tech has a lot international exposure. Man,ll hear from catherine Citigroup Global chief economist, and the head of Public Policy research. Is kevin cirilli. Tell us what is in the stimulus bill and when we can expect it to happen . We have new details regarding Senate Majority leader Mitch Mcconnell and that republican proposal we are expecting in the next couple of hours. Unemployment benefits for 70 of workers. That has been a controversial element of this package. Democrats are dug in and say that is not nearly enough to provide Economic Relief for individuals. It will provide another round of 1200 direct payments as well as funneling money to schools for reopening and funding for expanded virus testing. Willdition to that, it allow for Liability Protection oor businesses that are going t incentivize workers to come back provided that they take safety precautions. Democrats are saying that they are dug in on the notion that they want to see much more funding to underserve
4 10 of 1 . P at one point, it seemed boe was taking rates off the table. We will break down the relationship between monetary and fiscal policy. Rocket ipo listing today. Couldpment on a vaccine upend markets. We just had headlines from President Trump which says a vaccine could come around november 3. Risk, lori, all of a sudden we get a vaccine and we get a shakeout . Sector,u look at tech including internet retail, performance relative to broad s p trading in lockstep with trends in the new virus case count. As we see that level off you have started to see wobbles in the tech trade which is fighting back and maintaining dominance. Rumbling has occurred. Worried we might be in a situation where bad news is good news. Good news on the virus front could be bad news for the market if it causes anchors to fall. Moment that be the would that be a moment you switched in a sustained way in the value trade . Lori the vaccine may equal value temporarily. About peoplecerned trying to make a b