Friday, an incredibly strong job market and an economy. Maria bingo. Dagen i want to point out, there was a Consumer Sentiment report that came out from the university of michigan on friday, seven month high on Consumer Sentiment. Virtually none of the respondents, zero, or 1 of the respondents mentioned impeachment. You have wages that are growing in the november report for production and nonsupervisory workers, the growth in wages was near a post recession high, up 3. 7 . Thats higher than the overall growth rate of 3 . What does that mean . It means that income inequality is shrinking in this country. Thats what people feel. Thats what if anybody you talk to, theyre not talking about impeachment, theyre not talking about oh, what did trump say and wringing their hands about that. They know they can get a better job, they know they can get higher wages. Maria thats absolutely right. Dagen theres safety and security in their finances. Thats what matters. Maria incomeen equality, ive b
Catalysts for investors on the horizon. With fed meetings this week and new tariffs set to go into effect this weekend. Joining us, ian winemore weve been paying close attention to these big trade headlines. How much is this influencing what were seeing on wall street these days i think its overstated as to how much its actually influencing wall street. I think theres two things at this point the first is that theres so much liquidity being pumped into the marketplace by central banks. They Just Announced another round of qe, even though theyre not calling it that. And youve got positioning, which is a very big deal a lot of hedge funds and active managers are lagging again some for the last ten years, and because of that, they cant afford to miss a rally you see this synthetic short base, where people are long cash, and thats why selloffs like today, youre not seeing a whole lot of followthrough, because need to hold until the end of the year. Ian is with us for the next hour we have
Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton
Artificial intelligence and the role of the United States. On stage. To my immediate left, is andrea thompson. She was the former under secretary of state for arms control. She was the National Security advisor to the Vice President and most importantly, 25 years of service flying in combat zones and served your country nobly. I am thrilled to see my old friend here. As many of you know, she was the former deputy National Security advisory advisor. She was the Deputy Director of the cia. She is currently at columbia university. The underus today is secretary of defense for policy. She was the cofounder and ceo and is the cofounder and managing partner at west exec advisors. Who are helping a lot of small companies. Openingd to make remarks. I will keep them brief because we have had a long day and we have covered a lot of ground. I think we have talked about research, applications, talent. This notion of the Global Positioning or the geostrategic positioning is one that is really found
Country nobly. Welcome. I have a great pleasure of having Anders Rasmussen with us, former danish primer to, chairman of the Danish Liberal Party and secretarygeneral of nato. Most recently he is the ceo of rasmussen global as well as the founder of the alliance of democracies which we will get to a little later. Thrilled to see my old friend haynes here, the former Deputy National security adviser, more importantly the Deputy Director of the cia and she is currently at columbia university. Also with us today is michelle flournoy, the under secretary of defense for policy, the cofounder and ceo, the managing partner at west executive advisors helping a lot of small companies. I told them to make opening remarks. I will keep them very very brief because we had a long day and covered a lot of ground. I think we talked about research and applications and talent. This notion of the Global Positioning or geostrategic positioning is one that is founded on the notion of norms and values and t