You can find it on bleeding heartland. Com. Thanks for your time. Guest thanks for having me. Host what grade are you giving congress on the presence . The president . Hasou think this president done what hes about to do do like the decisions they are making . Caller good morning. Im in watching this for quite a while, and everything they say about trump obama did the same thing. I heard nothing about it. We were talking about tesla and an ar as trump, i give him for what he did with the climate to renegotiate. But tesla you were talking about , if everybody would just read for the self and find out who tesla was, theyre using his name, they stole his patent, we in classifiednts right now. If they would classify this, we can help Climate Change. Musk referring to elon on Business Insider that he would no longer serve on the president s Economic Advisory council after the president s decision. You want muska, the ceo tesla. Other news on the russian investigation, heres politico. Puts w
Now, conversation on the pros and cons of raising the minimum wage. From washington journal. Host a discussion about raising the minimum wage with two guests. David cooper, senior economic analyst, and mercatus veronique de rugy. To both of you, thanks for coming on. Over the weekend, we saw several enact a higher minimum wage. On first blush, as they what faces the cities and states as they consider doing that . As far as the minimum wage, what happens . Veronique de rugy, you first. Guest it depends, as we saw with the latest study from washington university, the first increase in seattle from nine dollars to 11 created a hiccup, almost nothing. When you increased it furthermore, then you start seeing a cost or low income workers. So it depends. Not every worker will be affected the same. Some workers will not be affected at all. The question is what happens over time. Host to go back a little bit, who will be the most directly affected negatively and what factors into that . Guest i
Now, conversation on the pros and cons of raising the minimum wage. From washington journal. Host a discussion about raising the minimum wage with two guests. David cooper, senior economic analyst, and mercatus veronique de rugy. To both of you, thanks for coming on. Over the weekend, we saw several enact a higher minimum wage. On first blush, as they what faces the cities and states as they consider doing that . As far as the minimum wage, what happens . Veronique de rugy, you first. Guest it depends, as we saw with the latest study from washington university, the first increase in seattle from nine dollars to 11 created a hiccup, almost nothing. When you increased it furthermore, then you start seeing a cost or low income workers. So it depends. Not every worker will be affected the same. Some workers will not be affected at all. The question is what happens over time. Host to go back a little bit, who will be the most directly affected negatively and what factors into that . Guest i
The message received and understood after a rival came in for some criticism. Weve got this surge when it comes to the chinese currency, the yuan. Forward, the employment report allimportant for the Federal Reserve. All of this to be digested. That drop in treasury yields, about 2. 34. We seen a lot of movement on friday. This is ahead of the jobs report later on tonight. Markets here across the asiapacific. Were looking at a mixed basket. I do want to know that a lot of these markets are session highs or session lows. That, we watch it every day. That,ason im mentioning have a look at the offshore. A big spike down yesterday. Are seeing the weakness push up to about 6. 8 . Hit 100 ight rate yesterday. Closed 60 . Look at where it is. I checked, it was 105 on the overnight deposits. The overnight deposit grid for all here in hong kong. 5500 basis points. Other things and want to mention, the trade deal. 7335, just about flat on that currency. A verythis considered interesting session a
Geopolitical tensions weigh on markets. The u. S. Reviews its plans for north korea after a pyongyang show of force. Calm. G version for Chinese Investment picking up. Lets check the markets. Those trading figures out of china are being felt across the markets. The Australian Dollar is mostly affected by chinese tray numbers. The china gdp figure pretty good. The Australian Dollars saw a jump. It is up 0. 1 . If you look at the function on bloomberg, the south korean won is spiking 3 10 of 1 . We are seeing iron ore feeling the pressure, pressured since entering a bear market. The sovereign bonds, mixed a little bit. We are seeing the u. S. Treasury yields continuing to slump. The australian markets are closed for the holiday. Gdp numbers, china but also geopolitical tensions. North korea and turkey. Plenty to digest. If you look at what happened to the turkish rea, the first gauge of their result and what a rally we saw, as much as 2. 4 strengthening. Vote. Ere seeking a yes we are ju