Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i
We are asking our viewers to tell us about your experiences with it loans and if you think you regulations are needed. Phone lines are open if you want to start calling in. You can catch up with us on social media. Morning. Od monday we are talking about payday loans. . O they need more regulation after the Consumer Financial Protection Bureau came up with a slate of new proposed rules last week, here is the New York Times story about the payday loan industry which is vilified for charging Interest Rates on shortterm loans that Many Americans depend on could soon be gutted by a set of rules that regulators plan to unveil last week. The Washington Post in their story goes over exactly what those new rules would do. If enacted, the rules would require lenders to verify that borrowers can afford the loans and cap the number of times people can take up success of loans. The Washington Post talks about why this is happening. The bureau says because of the way the loans work now, borrowers w
What problem . Well the book is about most americans tend to assume that markets and deo assume that markets and democracy naturally go together. And the thesis of the book is that in countries with what i call a marketdominant minority, markets and democracy are not mutually reinforcing because markets and democracy basically benefit different ethnic groups. So take indonesia as an illustration. Free market policies in the 1980s and 1990s led to a situation in which the country`s tiny, 3 percent chinese minority controlled an astounding 70 percent of the country`s private economy. The introduction of democracy in 1998 produced a violent backlash. Five thousand homes and shops of Ethnic Chinese were looted and burned. Two thousand people died. A hundred and fifty Chinese Women were raped. The wealthiest chinese left the country, along with some 40 billion to 100 billion of Ethnic Chinesecontrolled capital, plunging the country into a crisis from which it has not recovered. So in countr
This is al jazeera ah hello, im marianna demising wall come to the news, our life from london coming up in the spotlight. The role of iranian drones in the war and ukraine to ron admit supplying russia that is accused of lying about many stranded at sea for weeks. A city says one of 3 migrant rescue ships will be allowed to dock but only for medical checks. Count down to the u. S. Midterms just 3 days, remain and campaigning centers on the Battle Ground state of pennsylvania. We look at the columbia and see back up and see bank help into future proof the global food supply against extreme weather deforestation. To mac, timothy, and im far as small. Have all your latest world cub news tamerinz controversial kits. The african team still dont know what the where to the upcoming role. Cough. Ah, we begin with situation in ukraine and for the 1st time, iran has acknowledged that it sent drones to russia countries. Foreign minister said this on saturday in missing that his country had suppli
Legend. And japanese are facing another winter without nuclear power. People are doing all they can to avoid a power shortage. Japanese leaders are putting the finishing touches on the countrys First Security strategy. The Prime Minister is calling the documents historic. Shinzo abe says his cabinet has been working to rebuild japans security policies. He says their goal is to protect peoples rights and property. Translator i am convinced that the National Security strategy and defense guidelines will become historic documents. They will be the basis of japans future security policies. The Security Strategy is based on the concept of promoting pas schism through international cooperation. It calls for a review of japans ban on arms exports. The new defense guidelines map out a course of action to beef up protection of remote islands in the southwest. They say the Self Defense Forces should have amphibious capabilities so it can recapture islands in case a foreign nation invades, and th