Yesterday. Perhaps the mine was removed have failed to detonate and the iranians wanted to get rid of evidence that they were behind the attacks. Mike pompeo said yes they were in this morning on fox the president said the attack have quote i read and written all over it. Despite what is happening in the oil patch. It remains at a depressed level. As we speak. Why do we give credit to americas oil glut. We run the show now. And oils at 52 per barrel. They had signed a letter opposing tariffs on china. They harm our economy. The president is losing some support. There is no certainty that a meeting with sheathing ping will take place. And look at this. The stock market shrugging it off. A minor loss of the opening bell. The most of the losses are with two stocks. So far we are not seen the big losses that mightve been expected with all of these problems all over the place. We are seeing us flight to safety. The yield of the ten year treasury is all the way down. That brings the yield do
Ways of look at this, if not more. There are going to be those who say the president lost deterrence, the iranians see they can continue to walk all over him and theyll continue to escalate tensions with some sense of comfort that perhaps the president doesnt have the stomach for conflict. There is another way of looking at this, however. And that is that the United States can use this to galvanize support from the europeans and perhaps from other places around the world to show the International Community that iran is still aggressive, that iran is deserving of the sanctions that we have on them right now, and these sanctions, lets go very clear, are still taking a bite out of the iranian economy, the political and economic isolation is working. So we still have a plan thats been in place by the Trump Administration and it looks right now as if were set to double down on that and perhaps even to recruit others to the cause. Paul there are two interpretations you offered us. Which one
More. There are going to be those who say the president lost deterrence, the iranians see they can continue to walk all over him and theyll continue to escalate tensions with some sense of comfort that perhaps the president doesnt have the stomach for conflict. There is another way of looking at this, however. And that is that the United States can use this to galvanize support from the europeans and perhaps from other places around the world to show the International Community that iran is still aggressive, that iran is deserving of the sanctions that we have on them right now, and these sanctions, lets go very clear, are still taking a bite out of the iranian economy, the political and economic isolation is working. So we still have a plan thats been in place by the Trump Administration and it looks right now as if were set to double down on that and perhaps even to recruit others to the cause. Paul there are two interpretations you offered us. Which one do you side with . I think th
And with utter disdain for the people whose lives they want to run. Good stuff. Thats a blast right at the elites. Thats the president s theme for 2020. They dont care about you but i do. In the last 24 hours, the president s campaign brought in a record 24. 8 million, almost entirely from small donations. In new york city, joe biden raised 20 million entirely from the elites. I think its time we got to the fed, shall we . Five hours from now the Interest Rate decision and more importantly, the outlook for rate cuts later this year. That arrives at 2 00 p. M. Eastern. We will also see if chairman powell responds to the intense pressure for a rate cut that hes getting from the president. A flat market in advance of that. The Interest Rate news from around the world this morning is grim. Not here, no, over there. In four European Countries and japan, things are so bad that when you buy a Government Bond, you dont get any interest. In fact, they keep some of your money. No wonder the mone
More. There are going to be those who say the president lost deterrence, the iranians see they can continue to walk all over him and theyll continue to escalate tensions with some sense of comfort that perhaps the president doesnt have the stomach for conflict. There is another way of looking at this, however. And that is that the United States can use this to galvanize support from the europeans and perhaps from other places around the world to show the International Community that iran is still aggressive, that iran is deserving of the sanctions that we have on them right now, and these sanctions, lets go very clear, are still taking a bite out of the iranian economy, the political and economic isolation is working. So we still have a plan thats been in place by the Trump Administration and it looks right now as if were set to double down on that and perhaps even to recruit others to the cause. Paul there are two interpretations you offered us. Which one do you side with . I think th