Well cult our chat shorter and well go right to your questions. For those of you joining us via zoom it would be great if you could write your questions in the q a box, and ill monitor those. Those joining via youtube live, write your questions in the comment section. Those questions will get to us, and please start writing those questions now. Especially if you have already had the pleasure and privilege of reading acknowledge degree knock mick angrynomics. Lets get start of you mentioned in the book that the work is intended to restore economics over angrynomics. Whats to that mean . All right. So, theres a great quote from keens was to move economics into dentistry and we meant that actually figured out how the world works, such a thing that its like a root canal. You need a root canal, painful you facebook it. Nothing special. Part of the process and the sense is the desire toning near the world in that way. And that would be nice if we could get real limits where you can do that o
The culmination of a fouryear saga. We are live in riyadh. Manus a warm welcome by where we are expecting nejra to cross to react riyadh. It could be the narrative the changes the global perspective. Billion. Ised 25. 6 what they make trillion dollars today . Way, the day alibaba ipo, they racked up 38 . We are all lined up to support the kuwaiti and i would be Sovereign Wealth Fund and there is an army of institutions in saudi arabia. They are mitigate the risk and wanted to go well. It to doting want well. Nejra the saudis are doing everything they can. And in the u. K. , the focus is all on tomorrows election and people erp poll has made the risk of a Hung Parliament alive for markets. Manus its amazing how we have pivoted so quickly. Ipos, have amco look at oil. Peter navarro,om no indication of december tariffs. Are we ready for that risk . Thats the question you have to ask yourself. Dollaryen, is it really a safety valve . Look at dollaryen. Fx pain index is back to zero looking
We are seeing quite a lot of stocks rise on the back of hope that the tax plan will move through. We do need to break it down and look at sectors. The stoxx 600 gaining 3. 3 . The eurodollar, we are looking at that because the tax plan c ould affect the dollar. We are expecting a vote. We heard from the president earlier on, saying he has people he could call on two major the tax plan goes through. Could call on to make sure the tax plan goes through. We talk brexit and the outlook for 2018 with Vincent Chaigneau. In the next hour, we break down withs. S. Tax overhaul the Global Economic strategist from blackrock. And later on, we speak with pierre moscovici. We have many questions for him, including the tax plan. Here is sebastian salek. Reporter u. S. Lawmakers are scrambling to lock up support for the tax bill. This would provide a multimillion dollar windfall for the real estate investors. Tax experts say the change, which would allow real estate businesses to take advantage of a n
President trump calling on congress for 1. 5 trillion bill to help fix the country crumbling infrastructure tomorrows report, apple gets a downgrade, disappointing iphone demand and the s p 500 the worst day since may of last year despite the sell off though. Almost, six decades heading into the trading section of the month, each 5. 5. Nasdaq is up 7 for the month. 14 record s p 500 closes is the most since 1955. I have to go back, thats seven years. I heard the speech last night, not only the president , hes literally taking credit for the stock market and hesdone lot to make it so that this rally makes sense. You look at the boeing quarter today. You everyone is skeptical and some of them is antitrump. Come on, this economy is thnot that good. You look at the electricity number, they dont lie and you come back and say listen, what do you want how for real do you want it to be what do you need to see . A 6 gdp number . It is real you can make an argument that it is reflected in stock
We hone youre enjoying the festival and we definitely it invite you to become a friends of the festival today by texting, friend to 520214 book as shown on the sign right over here in the front of the room or visit the friend of the festival booth on the mall your guess makes difference in keeping festival programming tree of chrnlg and supporting critical literacy programs in the community. Out of respect for it the authors and fellow audience members please turn off your cell phone at this moment and now im o going to introduce our authors here with us today so joe, joe is a veteran political journalist hes a founder tore in chief of the memo and editor of large fund of the nation sthiewt. His article have prepared anywhere you host probably ever read them. And hes notably covered every american president ial election since 1980. Hes author of man of the world the future endeavors of bill clinton that is what well be talking about today also father of nineyearold twins who are watchi