President trump tweeting about Jerome Powell again following the fed chairs comments the last hour. Morgan, the president continues to tweet in realtime im reading some of these tweets for the very first time. I can tell you, just a second ago, i was in the west wing and saw Peter Navarro and Robert Lighthizer, just standing just outside of the oval office, presumably set to go in and meet with the president to talk about this chinese retaliation this morning. They didnt talk to me, so i dont know exactly what theyre up to there, but they are within feet of the oval office as of a couple of seconds ago. So the president tweeting, within the past couple of seconds about china, responding here, saying, our country has lost, stupidly, trillions of dollars with china over many years. They have stolen our intellectual property at a rate of hundreds of billions of dollars a year and they want to continue i wont let that happen. We dont need china and frankly would be far better off without t
Has rallied higher. I will give you comments from former treasury secretary Larry Summers. He spoke to david westin about a much higher rate. Bloomberg dollar index continues to gain ground. It has been a lot of strength of the past four weeks as the yields get higher they are more attractive to Foreign Investors who needed to buy dollars to access that. Crude, very interesting traded today. We have inventories a little bit light. Nonetheless, we see nymex crude below 80 a barrel. West texas intermediate going for 79. 84. I want to talk about the housing sector first. 30year Mortgage Rates have top 7 , a threshold double impact affordability, sales, and refinancing activity. Here is Reade Pickert to explain. What do we know about what the 7 mortgage is going to do to the Housing Market, which already seems like it is in a deadlock since home wonders dont want to give up cheaper mortgages they have . Thats exec the right. We have data that shows that the 30year contract rate on a mortga
What were talking about. This is a field of lettuce. The interesting thing is this is after the harvest. What is appears about to get filed under. Why would be plowed . What happens is they go out and measure when the average head of lettuce is the exact right size. Why . Most romaine lettuce is grown for a bag. You go to the store, to trader joes or whole foods, and if you notice, the top is intact. As a result, nature does not grow things perfectly. Some are short, some are tall. The only thing wrong with the food is it is too small or too large. That is it. The other thing you may know emily and her team did a wonderful job. They put out a report on the challenges we face on display codes being mistaken as expiration dates. Settled by sell by, and best by, are confused. You know what the code is for honey . Forever. This says best by october 2015. There are americans that would throw this out, not put their kids at risk, not use expired honey. This is the example. A truck with 7000
One generation earlier, not a state in the nation was yellow or light orange or dark orange. Not any state, louisiana, mississippi, alabama, texas was more than 14 to bees. Now obese. Now were looking at obesity rates higher than 30 in one generation. So whats happened is that this one in six that are food insecure for the first time in human history, hunger and obesity coexist in the same community and same person. Be so if youre going to solve a problem, you better know what the problem is. And the problem, it turns out, for many of the food insecure, the majority, 61 at least, is affordable nutrition. Thats what were talking about, getting them fruits, vegetables, dairy, protein compared with, you know, empty calories, fast food, junk food, etc. Now, i also stole this slide. I was on a panel for partnership for healthier america last year in, down in d. C. , and the gentleman who runs the largest cooperative of Food Service Groups in the United States, a 25 30 billion business, he h
Thank you again. On the next washington journal, margot sangerkatz joins us, looking at Health Care Insurance and costs. Then Sharon Epperson on the 80th anniversary of Social Security and what the future holds for the program. Later, a conversation on the u. S. Foster care system, with the director of policy reform and advocacy. Well also take your phone calls, Facebook Comments and tweets. Washington journal, live each morning at 7 00 eastern on cspan. With the senate in its august break, well feature brook tv programming week nights, starting at 8 00 p. M. Eastern. For the weekends, here are a few special programs. Saturday, august 22nd, live from jackson, mississippi, for the mississippi book festival, beginning at 11 30 a. M. With discussions on harper lee, civil rights and the civil war. September 5th, were live from our nations capital. Followed on sunday with our live in depth program, with former second lady and senior fellow at the American Enterprise institute, lynn cheney.