Decision. Bullard should have called for 75 basis points and he could have the job when powell steps down to spend more time with his calculations. I agree completely with bullard, his dissent on 50. Whats he thinking . Then i read his comments and said thats pretty smart it made total sense to me. On the bullard side, this gives you a sense of why its so reasonable i would be watching very carefully for any signs of a downturn. Of course, there are views on the other side as well, from the other dissenters i think the center of gravity, clearly the center of gravity on the committee is the second adjustment was appropriate. Thats right. Fed president jim bullard joins us here in just a moment josh got a cameo in that little mashup. Lucky you didnt wear the same tie. Some of my best work. Yeah, you have to give me the heads up on that. Building throughout the day, hopes of the trade deal, really good housing data. Yeah. What are you chalking it up to lets do housing first. Xhp, itb, ho
The u. S. And china agreeing to meet next month. Stocks, as you saw, reacting positively to that were going to talk abdomen goldman shrinking the partner ranks. Interesting story. Up to a dozen executives reportedly negotiating the exit. Is it a sign of a broader shift for this wall street bank . And shares of palo alto, they are up, as you can see the ceo joins us exclusively in a few minutes. Theyre up ahead of the bell, of course, this morning lets start with the markets this morning a chance for jim and i to get back on the same page as to where things stand we also got fairly positive adp numbers. 195,000 private sector jobs added in august. That was above the estimate. The consumer continues to be quite strong in this economy i heard you talking to joe about, you know, were the only ones that talk recession and we got a ten year above 1. 5 again. I thought when i saw its like the bonds also rise i think what weve seen is this endless yield going down versus, say, where the one ye