A tightening. We dont think theres an inflation problem or anything like that. On the one hand, asset purchases are still going to be continuing. Well still be building our Balance Sheet. The total amount of assets we acquire are probably more certainly monday than was expected in september 2012 or june 2013, so well have a very substantial Balance Sheet, which well continue to hold. And now weve clarified our guidance that we will be keeping rates low well past unemployment of 6. 5 . So, were trying here to get a high level of accommodation. It is true that the purchases are we view as supplementary to the Interest Rate policy. But again, the action today is intended to keep the level of accommodation more or less the same overall and enough to push the economy forward. Dow jones. In an earlier response you sort of laid out the argument or sort of explained why the committee didnt lower the 6. 5 unemployment threshold. Is that conversation over . Have you all put off the table changin
Three young millennials. Do we really know what the heck the fed really did yesterday . I ask this because gold dropped 40 bucks today and the question is whether bernanke was really that dovish or is this the beginning of a longterm exit strategy tightening policy . Oh, and how about some real monetary rules for a change . All these stories and much more coming up on the kudlow report. Beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are here live at 7 00 p. M. Eastern, 4 00 p. M. Pacific. The verdict is in on the obama economy. According to the latest polling, the majority of americans, 59 say, they personally feel the economy has finally begun to recover. But here is the kicker. There may be improvement, but no thanks to the president. 55 disapprove of obamas job on the economy. And the president s overall disapproval has climbed to an alltime high of 54 . Now, these amazingly bad polls make it clear the economy has proved to be no Silver B
Were constantly flooded with information with the News Agencies and every single piece of data is billed as a cacophony. Not every headline matters to the stock market no matter how official and full of gravitas it might sound, but how the heck are you supposed to tell the difference between what matters and what doesnt . In this world of information overload how do you know what truly deserves your attention and what you can pass on . You only have so much time to spend doing your homework on your portfolio so you have to use the time wisely. The squawk on the street, the 9 00 show, but this stuff comes so fast and furiously that you never have time to ask does that even matter . You just presume it has import even if it doesnt. Thats why for my new book, get rich carefully, i looked through five years of bulletins from the Charitable Trust i talk about to see which pieces of data were actually worth paying attention to and which ones were overhyped and unimportant, because i think th
Im michelle carusocabrera. Well get downtown in a minute. Hi, simon. For the second straight day an attack on volgograd. Todays attack killed 14 people. Investigators believe a male suicide bomber is to blame. Muslim terrorists in chechnya said they would do their best to disrupt the olympics. Todays attack comes from yesterday where you can see the explosion at the main train station. In this case investigators believe it was a female suicide bomber. 17 russians were killed in that attack. The shrapnel appears to match making authorities believe two attacks were coordinated. Russias stock market taking the attack in stride, no Real Movement there. The ruble fell 7. 3 against the dollar. A list of etfs that track russia. You can see how they are faring. Is it possible to secure a city like sochi . General, thanks so much for joining us today. What can russia do to make sochi safe . Well, i think by all accounts made a huge effort secure the 50 billion games. A couple thousand athletes.
Billed as a cacophony. Not every headline matters to the stock market no matter how full of gravitas it might sound, but how the heck are you supposed to tell the difference between what matters and what doesnt . In this information overload how do you know what truly deserves your attention and what you can pass on . You only have so hutch time doing your homework on your portfolio so you have to use the time wisely. The squawk on the street, the 9 00 show, but this stuff comes so fast and furiously that you never have time to ask does that even matter . You presume it has import even if it doesnt. Thats why for my new book, get rich carefully, i looked through five years from the Charitable Trust i talk about to see which pieces of data were actually worth paying attention to and which ones were overhyped and unimportant because i think this is a crucial subject. Today i want to share with with you my findings so you could be a more mediasavvy investor. Im a radio, web, parties are g