Extraordinary development. The former new york fed president says the Federal Reserve should not quote, bail out an administration that keeps making bad choices on trade policy. Hes gone political. Dont lower rates to help trumps reelection . An antitrump guy urging the fed to work against President Trump . You got to sthak yohake your he that one. Unfortunately, thats what most financial people are saying today. Hes wrong. Now the market. Even with a sharp yield curve inversion, stocks show a small loss. Down 40 points. Remember two weeks ago, when the inversion appeared, the dow dropped 8800 points in one day. Now the market shrugs. The dow is going to be off 40, s p maybe four, nasdaq down 17. Marginal fractional losses. Weve got a lot more for you. Boris asks the queen to suspend parliament. And a new poll, how is joe biden doing now . Varney company is about to begin. Stuart all right. Here are the latest results from the quinnipiac latest poll. The democrat field, biden 32 . Warr
Jonathan coming up on this program, we had an important conversation with jeff currie. That is all coming up a little bit later. Softer,a little bit negative four points on the s p 500. A marginal move to the downside. Follows thats as yields lower by a basis point. The euro down a dollar six cents. It will lower by about 0. 1 . David Major Development in washington just sense since yesterday. We are joined by kevin up on capitol hill right now. Start with the Health Care Plan. Ryan House Speaker paul finally unveiling his plan to repeal parts of the Affordable Care act. It will keep some key parts of obamacare preexisting conditions in providing health care to folks. That said, the story line is whether or not chief Party Members will fall in line with this. It could be the battle the first battle that Speaker Paul Ryan will have to battle to keep his party in line. The House Freedom caucus is already speaking out against this including some tea party g roups. They cannot advance the
In front of congress. This is the second day today, today was the senate, yesterday was the house, and the fed chairman says theres always a chance at recession, and guess what . The fed isnt taking negative Interest Rates off the table. She likes that tool. Take a listen. Are you considering negative rates . I know you had that question yesterday. Yes or no . I wouldnt take those off the table, but we would have work to do to judge whether they would be workable here. Beyond the spreadsheets you have to ask yourself does the fed understand the true economy for the average person out there. Peter morici and jon hilsenrath. Lot of frustration on wall street with janet yellen. We didnt know there is double speak, shes a highwire act. What do you make of her testimony yesterday and today . Well, you know, shes in a tough spot because the markets are pushing back on the feds view that the economy is getting stronger and that theyre in a position to raise Interest Rates more and you know, s
Rights, the middle class, gender and more. For complete Television Schedule visit booktv. Org. Booktv, 48 hours of nonfiction books and authors, television for serious readers. Now we kickoff the weekend with Peter Kiernan talking about the history of the middle class. [inaudible conversations] good evening. I am the director of the redwood library. Please excuse my voice, my little twins came home with a gifted daddy yesterday and that was watery eyes and scratchy throat. First of all, a bit of housekeeping duties, if there is up fire you go out the front door, just push me aside and i will go down with the ship. Please turn off your cellphones. It gives me great pleasure, when we think about that i mentioned earlier, the word that is offputting to so many people, a public place where operators might try out their orations. A forum, two weeks ago we had the good people from newport show a documentary and richard holbrooke, a man whose values perfectly aligned with the intent of the re
Add to that every man woman child living in philadelpia. With a fair number that is how many people and of people that the imperial between the ages of 16 and 25 never country and in order was on its way out. The country better doing so that worked differently nothing is anything to be more diminishing 22 years from the mandate system. Old dropping of school, you that it has to be all in and dont read at grade level or what is interesting is they math at grade level with no opportunities no Job Opportunities are prol sects . Kept picking up the blocks that is an anchor on our to go home. Middleclass. The solution unfortunately look at incarceration we with any part of the united have 350 Million People that means there is 7 billion nations and. More all of those who were in jail, 25 percent are in with the Wartime Alliance the United States. And the personnel was no country in the world has borrowed it started off with a higher proportion are absolute number of children ben to Rikers I