I to maim day meeting with no more cuts for year, and Christine Mcgarr first European Bank meeting, also no stimulus there appeared lets talk about all these big stories and find the investment plays with them with me right now to talk about that is that cities private bank david balin. David is good to have in the program. Great to be here. You are making recommendations on billions of dollars under management, private bank. These headlines are important to you because you are investing all across the world. What was the most important headline this week that causes you to change her strategy, if at all. I would they say the most important headline for this week is the Brexit Boris Johnson is the overwhelming majority. We really like uk equities. We like dividend payers in the uk, and we think this once and for all will create the clarity that will allow that market to do better than its done over the cause last year. We needed some clarity and thats for sure. In the evaluation in the
Gerri willis on the floor of the new york stock exchange, blake burman at the white house, and susan li standing by in the news room, make we start with you. Having just emerged from the west wing deirdre and melissa let me lay out the facts right now that we know it. We know that President Trump has been meeting with his trade team or at least met with his trade team earlier today to discuss a way forward whether or not that they would go forward with the december 15 tariff and other options relating to china. At this point, we do not have an announcement from the president from the white house, or any other branch of the u. S. Government there is a phase i trade deal ready to sign between the u. S. And china. Also we havent heard from china anyone with the Chinese Government say that there is a deal to be signed either. We await that. Having said that though i can tell you speaking to one source familiar with everything that has been moving here especially in the last 24 hours that s
January 31, 2020. I to maim day meeting with no more cuts for year, and Christine Mcgarr first European Bank meeting, also no stimulus there appeared lets talk about all these big stories and find the investment plays with them with me right now to talk about that is that cities private bank david balin. David is good to have in the program. Great to be here. You are making recommendations on billions of dollars under management, private bank. These headlines are important to you because you are investing all across the world. What was the most important headline this week that causes you to change her strategy, if at all. I would they say the most important headline for this week is the Brexit Boris Johnson is the overwhelming majority. We really like uk equities. We like dividend payers in the uk, and we think this once and for all will create the clarity that will allow that market to do better than its done over the cause last year. We needed some clarity and thats for sure. In the
When we talk about this, its worth having as a starting point about nafta. Why was it that the administration felt it was to renegotiate nafta . That obviously is the starting point for usmca. Was it that nafta was an unfair, unbalanced agreement . Was it lack of reciprocity . In it that the tariffs left nafta too high, there were obstacles to trade . No to all of those questions. Ight, nafta is a Free Trade Agreement. Zero tariffs on 100 of manufactured goods. 97 of iffs on agricultural goods . Quotas, no obstacles, to of a free, itome fair, reciprocal trade agreement. And since nafta was implemented, american exports to mexico are up over 500 . To mexico a exports have grown right along with that, over 500 . I think you can make a case signed in 1993, a lot has changed in the economy we have n, and so now this whole digital sector. We have this whole sector that didnt even exist. And so modernizing certainly sense. But thats not the reason the administration wanted to renegotiate naf
Letter today, in the letter he accused the party of hate, the democrats of declaring open war on american democracy. President trump wrote the radical dems impeachment quest, you are the ones interfering in americas elections. You are the ones averting americas democracy. You are the ones obstructing justice. You are the ones bringing painandsuffering to our republic for your own selfish, personal, political and partisan game. The president also called the abuse of power charge a completely disingenuous meritless, baseless invention of your imagination adding their second charge of obstruction of congress is preposterous and dangerous. President trump also signaled he is ready for this fight as he has been throughout his entire presidency and his entire life but now he has a new weapon with him, a united Republican Party. I have never seen the Republican Party united. We had 100 of the vote, i believe the senate is equally as well united. I watch Mitch Mcconnell this morning, i watched