This afternoon, we are going to be starting our discussion of the Great Depression and what were going to be doing today is talking about how the Great Depression affected ordinary people. Were going to talk about sort of the nuts and bolts of the situation and the things that people would have experienced in their everyday lives if they were seriously affected by the problems of that decade. Now, i dont normally use images like this, but im using this one for a reason. Grandma survived the Great Depression because her supply chain was local and she knew how to do stuff. Thats a really important concept, and were going to come right back to it at the end of class as well. This really is sort of the theme for the day. Now, in terms of what were going to be talking about, were going to start with an overview of what the problems of the Great Depression were for ordinary people. Sort of the depths of the problem. Well talk about how families tried to cope in terms of their work strategies
Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w
Gave this answer whether asked about a peaceful transition of power. President trump get rid of the ballots and you will have, you will have a very peaceful, there wont be a transfer frankly. There will be a continuation. Charles we get reaction from the rnc coming right now. All that and so much more on making money. Charles recently in a mad dash for the exits weve seen gains turn into losses quickly. Some are comparing this action to the socalled taper tantrum. You remember back in 2013 when there was a great fear that the Federal Reserve was going to turn off the spigot, begin to undo the massive quantitative easing. Dont say to Stuart Varney i said qe. The stock market knows it has the power to moving averagers and shakers, president , congress, ceos, yes, even the Federal Reserve. I think the market rallied big time in august because it assumed there would be more accommodation. Then last week the market had its wakeup call, maybe the fed dont do more. Now the chance of fiscal he
The Chicago Council on Global Affairs. He talked about his experience serving under president and obama. Steve and on behalf of the family, it is my pleasure to welcome you to the distinguished lecture. Mattis in front of an audience of 900 people, a scenario which would be unthinkable today. And the Chicago Council which we founded in 2018. For thes as a form discussion and elevation of diverse perspectives on the big global questions. It can be and policymakers, military leaders, journalists, and analysts throughout the year to discuss their insights with the public. The center produces original research to deepen our understanding of the proposed solutions to critical global the surveyincluding of American Public opinion on u. S. Foreign policy. The 2020 installment will be released later this summer. As the council approaches its totenary, they will continue enhance important work into the second century. Turning to this afternoons program, its my honor to welcome our distinguished
Council of economic advisors director scott good speed. President trump is showing up in bidens backyard. Trumpbacked candidates continue to win major primaries. We have one of our favorite guests who happen to be one of those winners. She joins us on the show next on making money. Charles breaking news, folks, Fund Managers discover the bull market thats right. It is a president ial, political season. So we should expect a lot of flipflops. By the way were getting a lot of them. I got to tell you i lost count on the political front but the one that caught my eye, the flipflop of the week came early in the week when 200 Fund Managers in charge of investing half a trillion dollars changed their positions dramatically over the last few months. These men and women have become more bullish as a plurality of them see a bull market, not a bear market bump. Also they see a doubledip recession. The stock market is more about the economy a year from now, not a proxies for main street today. Bec