We are getting a headline from it is a of japan and significant number because it is double yesterdays amount. We are seeing bank of england and bank of japan. Are we seeing the limit of what they can do . Tom i am kind of amazed. Francine, it is the most interesting day and then we go into the jobs report tomorrow. Everybody will recalibrate. Theve one item that shows central bank dysfunction that you talk about. Francine if we compare, which i know we will do. Mark carney on the speech june 30 was very careful. Lets get to the bloomberg first word news. Taylor sticking with Central Banks, economists predict the bank of england over deuce the benchmark rate to a record low. Mark carney surprised investors by keeping rates unchanged and they signaled they would cut this month. The central bank will publish the first full assessment of what the brexit vote means for the economy. In london, one person was killed and others injured in a knife attack. Police are looking into whether terror
Up noorn more than 20 . People going towards the stocks. The question, is there going to be a potential cut in dividends. I dont believe so and utilities have ban great performer the last number of years. The hunt for yields is going to continue and the oneyear to 1. 48. Look, in utilities, theyre a special sector, because theyre a regulated entity. Theyll get enough to pay those dividends. See a massive recession, depression that will shut down terms of need for electricity and so forth. They can do fine. Tickle the energy cost coming down. Look at materials, however, stocks like php, i dont see how they maintain div gends going forwa dividends Going Forward. More worried about that. Energy could come down more. Basically okay. Theyll come down. You still need dividends. Telecos . Who knows . Major disruption there. And in some respects, joe, try to get what could be coming. Gdp report, disappointing, business dropoff. People wondering if that forecasts a recession. If business spendi
Of real frustrations and real anger and veto threats. I dont think anybody likes it. Ive heard republicans who support the democrat side. Why does this have to be happening here and now . It is interesting to see who is blaming who. I dont think anyone is happy, this just seems to be the necessary existential context. The Defense Department tends to move ahead of the country on these things. Before run out of time, if this unusual . The chairman seem to indicate cap and frequent. Seemed to indicate that it happened frequently. To make sure that planes are flying and people have enough training. That this is an unnecessary burden put on defense spending. There is this the deal with which changes the debate entirely. We will have to leave it there this week thank you for joining [captions Copyright National cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] speakers look at
Meet with all the time, we understand in politics that you have to say things over and over again for them to penetrate. You in the news business, we tell you once, and weve given you the news. Therefore is no longer news and we dont have to report it again. These things that matter need to be on the front page day after day. With interesting angles and different takes and new perspectives. We get some of that. I dont wnat to shortchange the journalism out there. We need more of that if we are going to get people to focus on what is important. [applause] if we could thank our panel for this clicks on american on American History tv, we will washington journal with guest craig shirley, author of reagans revolution. At 10 00 on road to the white house rewind, in 1976 Republican National convention, and a close race between gerald ford and Ronald Reagan for the nomination. Acceptancefords speech and remarks from Ronald Reagan. I believe the Republican Party has a platform that is a banner
Yesterday when protestors jumped on police cars and smashed through window and fought with Trump Supporters and police last night. We are also waiting on senator Bernie Sanders who is expected to hold a rally in california at any moment. He attacks the disney ceo who makes 646 million in compensation. Theres a lot going on the political front. The clinton campaign, though, frozen today by a new state Department Report that says the former secretary of state broke federal records rules by using her personal email servers. A Political Panel tell us if or how bad it could hurt her campaign. Venezuela, south americans economy in freefall, riots in the streets. What is going on there . In a fox business exclusive, we asked a former u. S. Embassador to venezuela Patrick Duddy how close venezuela is to descending into outright disaster and whether itll split and spill over into other countries, lets start the countdown. Liz for those who fear the fed, youre missing out. Right now on a two day