Evans. And im bill griffin. Weak day for stocks again. Off the lows, but not by as much as weve been lately weve seen a sell off each day this week and then weve come back come back a little bit but still down triple digits on the dow right now. Whats behind the move and whether this pullback is worth buying plus a top money manager from aria investments will give us her pick right now. Youll to want hear that coming up new developments for the at t time warner deal, including talk of a potential complaint coming from the Justice Department david favor will have the latest for us shortly plus you probably heard President Trump set to speak at the white house in the next half hour or so after returning from that 12 day trip to asia well bring that to you live as soon as it gets under way. Going to talk about a number of things including taxes and trade and other things as well lets start though with this sell off day, the dow down more than 160 points at its low this morning, bob has mo
And south korea. This comes from south koreas cooperation with the u. S. On a shield that is designed to prevent a north Korean Missile attack but obviously china who is very sensitive use it as a Security Threat and has urged its population to stop traveling to korea and stop vacationing there. For some areas of south korea, it was a huge part of their market. Some businesses have been hit by chinas approach to their business. Oliver tell us about that tourism because of there is some interesting examples. It is a strange market where people go to karaoke and there are all these outlets catering specifically to the chinese and their strange activities as they pursue in korea. People have built up their entire business and 70 has declined. At the end of the article was person says it feels like im staring down a dark tunnel. Caroline china using the power of the purse here. It goes back to chinas reaction in the South China Sea and the tensions in that region. Oliver in the market sect
And south korea. This comes from south koreas cooperation with the u. S. On a shield that is designed to prevent a north Korean Missile attack but obviously china who is very sensitive use it as a Security Threat and has urged its population to stop traveling to korea and stop vacationing there. For some areas of south korea, it was a huge part of their market. Some businesses have been hit by chinas approach to their business. Oliver tell us about that tourism because of there is some interesting examples. It is a strange market where people go to karaoke and there are all these outlets catering specifically to the chinese and their strange activities as they pursue in korea. People have built up their entire business and 70 has declined. At the end of the article was person says it feels like im staring down a dark tunnel. Caroline china using the power of the purse here. It goes back to chinas reaction in the South China Sea and the tensions in that region. Oliver in the market sect
Cspan2. And watch any of our past programs online at booktv. Org. Heres a look at the upcoming book fairs and festivals happening around the country. March 14th and 15th the university of arizona with live coverage the seventh annual tucson festival of books the following week the virginia festival of the book will be held in charlottesville, virginia. Then from march 25th through the 29th the city of new orleans will hope a Tennessee Williams literary festival. The Los Angeles Times festival of book will take place on the 18th and 19th of april and also air live on booktv. Let us know about book fairs and festivals in your area and well be happy to add them to our list email us. Hough is this country going to be able to understand another culture or another country that think thursday in hundred year terms . We are lucky in this country if people can have a eightyear plan when a president gets elected for the first time and assumes he will get reelected. How does america deal with thi
Support is the committees outlook, we will likely reduce the securities purchases in further measured steps at future meetings. Of course, continued progress is by no means certain. Consequently, future be adjustments to the pace of asset purchases will be deliberate and dependent on incoming information. Host so, greg ip of the economist, what does all of that mean to the average american . Guest well, so take the most basic aspect of that. One of the aims of the bondbuying program was to hold down longterm treasury yields. Essentially, when you buy a bond, you push up the price, and that pushes down the Interest Rate on it, and because Mortgage Rates are usually linked closely to 3w07bd yield, the more are bought, the more it held down Interest Rates. Over the last eight months as the market became aware the Federal Reserve pulled back on this program, we saw some rebound in mortgage Interest Rates. What mr. Bernanke hope is the that by gradually continuing the process over the comin