Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma
Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma
Restaurant industry including one in oakland say they are more vulnerable to President Trumps plans to deport Illegal Immigrants because its an industry that relies heavily on illegal immigrant labor so the National Restaurant association is helping those restaurants seek sanctuary status to protect employees but because restaurants are private businesses, subject to workplace law and regulations, the movement is being considered largely symbolic. Well see what happens. Thank you. President trump also announced this morning that he will reveal his Supreme Court pick tomorrow. And today, South Carolina governor nikki haley will be sworn in as the u. S. Ambassador to the united nations. Meanwhile, President Trumps pick for health and Human Services secretary is still under fire from democrats. Representative tom price promised yesterday that he will make sure that every american has access to Affordable Health care. He didnt explain how it will happen when obamacare is repealed. Price de
New information in, a manhattan now over for a shooting suspect in ohio. We understand that during this altercation, a sheriffs deputy was wounded. It all started to unfold last night. Deputies responding to a domestic incident when somebody opened fire on the deputy and a second person also shot. At this time we understand that both people are expected to be okay and again that 19yearold shooting suspect now in custody. Back over to you. Good morning, everybody. 5 01. Im aaron gilchrist. And im eun yang. We want to check our forecast right now. A Beautiful Day and warm weather in the future. Meteorologist chuck bell has our weather headlines. Somethings going on in there. I dont know what it is. Neither do i. Back here in the Weather Office something funny going on, no doubt about that. Capital pride festival going on this weekend. To 7 00 p. M. On pennsylvania avenue. So do know if youre going to the festival, it will be a hot one for sure. Temperature at noon on sunday will be near
Diplomats from both countries and the two talking and shaking hands and this afternoon, the two met with entrepreneurs. You can see signs of entrepreneurship and signs of capitalism all over. For example, people opening up their homes and home stays and people picking up people for rides. Now, this afternoon, he met with the entrepreneurs and this is a symbol of capitalism evolving economy. The u. S. Businessmen there included the ceo of the Marriott Hotels who we will hear from at 6 00. We had a chance to speak with them. Many of the selfowned businesses here in cuba had a diplomats including president obama. Elliot, you have had quite an experience here as well. Reporter yeah, we both have. This is the opening that president obama wants to widen here because that number entrepreneurs has grown. You have seen the restaurants in the private homes and the taxi cabs that have grown. A lot of people are saying this is just the beginning. President obama was joined by raul castro. Castro w