So leaders had a much Better Direct sense of what the people actually thought. You can see a lot of polling data in this and in flushing out exactly what it was americans thought. I will focus a lot on Public Opinion and then we will talk about policy as a reflection of Public Opinion. At the start of the war in europe, my argument is there were two basic positions held almost unanimously by the American People. They wanted britain and france to win the war, to defeat germany, and they did not want the United States to have to fight in that war to make it happen. Over the course of the two plus years of this debate, nothing that happened really change fundamentally, those two points of view. There will be changes in American Opinion, but those two fundamental views remain the same. Even on the eve of pearl harbor, most Americans Still wanted to avoid direct american involvement as a belligerent in world war ii. The great debate moved the American Public in the direction of risking war,
Than 60 of soybean exports before this whole trade war began. Futurespy have rebounded from two years of losses. Trade tensions have appeared to thaw a bit. President trumps tweets earlier that he will sign phase one of the trade deal on january 15 may open the door for more american exports to china. Vonnie thank you. That is renita. Thanks for the entire markets team for the bridge throughout 2019. Our guest,us is eddy. And here with us in studio is bloombergs mike regan. We added 5. 9 trillion dollars in value to u. S. Stocks, to the s p 500 in fact. Hard to believe that number even exists. Mich there it is. One of the real Amazing Stories about this year is the everything rally, whether it be oil, gold, havens, treasuries. The treasury etf is up about 9 for the year. 15 for the year. The Bloomberg Barclays aggregate bond index is up 9 for a return for the year. It is rare to see a year like that were basically everything performs. I think part of it is the fact that we have this hi
These are your markets. There seems to have been the u. S. Saying they will remove the threat in china, which is why we have seen a little bit of moves. Awaye exactly seven days from that election. Opec meets in vienna, brent crude at 62. 91. Moncler, really the stock of the day after that report that kering, the owner of gucci, was interested in buying moncler. They do jackets for the winter, skiing jackets now turned into fashion. That stock price has gained 9. 2 . Moncler at 42. 40 two. Coming up, we talk all things fx. It thing or two to say about the pound. We will also talk about emerging markets. Lets get straight to the bloomberg first word news in new york city. We begin with fiscal stimulus. Japans government pulling out all the stops. Tokyo announcing measures to support growth as the economy contends with an export slump and the fallout from the sales hike. We have learned the total package amounts and is expected to boost growth by 1. 4 . An unexpected hold in india. R. B.
White House Press Secretary Sarah Sanders taking reporters questions about the gop tax reform bill passed by the house yesterday. The Senate Version adopted by the finance Committee Late last night. Both of those are on our website and is use a preview of the see finance committee hearing. But i do know the tv ads that are going to go against the five most important senators on this committee, the tv at of the independent groups will run with of course say senator senator mccaskill and senator casey and senator stabenow and senator nelson are voting against a 4000 raise that this tax cut is going to bestow on them. We know its coming. We know he will have way more money to promote that then we will have to defend it. But thats why amendment is so poor that i just would be nice just to night before we go home to just acknowledge with this tax cut really is not for the middle class tickets for the rich, and holding a higher wages, its a good selling point but we know companies dont just
End Lifetime Appointments for the Supreme Court. James tish, president and c. E. O. Of lowes corporation, he asks the column today, do we want any president who served at most eight year necessary office to power to shape the sxourt therefore the country for 30 years or more . We are headed and implications are troubling. Served the justices have 20 years with Anthony Kennedy pacing the group at 29 years. With Life Expectancy rising, it isnt hard to imagine neil serving intois 49, the middle of this century. Foundersevelopment our didnt foresee when they provided lifetime appointment for the Supreme Court. Appointments probably didnt seem like issue when average retirement age was 60, was case with first 10 justices. E goes on in his column today to propose possible solution, justices should be limited to says. Year term, he the terms would be staggered so every two year necessary june of he president s first and third year in office, the justices term would end and the president to d