Host Leah Askarinam here with us, the editorinchief of the national journal, hotline, to talk about the core implications of impeachment. Lets talk about the tone, and did it change the tone of campaign 2020, the Impeachment Vote in the house . Guest i dont think it changed the tone, but it added a new vessel for the tone that has already been established. We heard throughout the entire campaign, especially from the republicans, that this is a that 2020 is going to be a referendum on health care, and we heard from democrats that this is going to be a referendum on donald trump. That has not changed. What has changed is now in addition to the republicans using socialism as an attack, they can also now use impeachment. We have seen republicans spent hundreds of thousands of dollars in Congressional Districts, targeting vulnerable democrats hoping that because these voters , supported donald trump in 2016, that they will oust anyone voting to impeach him. Host so they are truly vulnerable
Apple. Be that as it may, the s p is falling for the fifth straight day. Again it is on track for its biggest loss since going back to december. The 10year note, which is a good barometer how people are feeling, if you are nervous, park your money in notes and bonds, people are doing that, these are the lowest yields in the better part of three years. Were keeping an eye on that, keeping an eye on other things were waiting for. President might comment on that or all the above. He wants to up the trade ante. The latest besides affecting tariffs virtually on everything we get with china, he is talking increasingly now it starts at 10 with the remaining goods. It could go up still further. As stuart was pointing out. A lot of other goods and services were talking aabout could easily ratchet and move in different directions. Well keep an eye on that. Also keep an eye on what has been happening on the Precious Metals front. Gold, for example, getting a lot of buying interest, a little less
Sued to be blocked by the Justice Departments antitrust division, having an affect on Corporate America and pending deals. Including our own attempts to sell assets, what it would mean in terms of antitrust, all those deals right now are being recalculated and looked at. Whether these if the Justice Department is not allowing this one to go through, everyone thought it was a slamdunk from antitrust stand point. Would they allow disney to buy foxs studios. They would controls large portion of box office. And comcast to buy content. Will thig they allow verizon toy our content, because they have distribution. It looks like the Justice Department is taking another view of the antitrust. Another aspect. Crazy political cob, donald trump as candidate one said he wanted a spinoff of cnn if this deal of the going through, he said it was too much construction of power, people thought it was a idle threat, but senior aides were actually discussing this topic. By current senior adviser. And othe
Video content distribution have a competitive concern make at t less inclined to pursue joint ventures or future any kind of future ventures with content companies on mobile . I would suggest to you that this lawsuit has the whole world questioning what they will, can, and cannot do. This throws a huge degree of uncertainty to anybody contemplating joint eternities, anybody contemplating. And thats one of the key concerns about this is to take suddenly without any notice and just upturn 50 years of precedent on a transaction like this could have nothing but a freezing effect on commerce in general. So i think that is the significance of this lawsuit thats been draught brought by the department of jut of. So with that, again, we appreciate everybody participating and joining us and thank you, again. Good evening im charles payne. Breaking tonight, at t fighting back. This after the department of justice announced that it will sue to stop the at t merger with time warner from going throu
Announcer at t officials held a News Conference following the announcement that the Justice Department filed a lawsuit to block a proposed merger between at t and time warner. From new york city, this is when he five minutes. 25 minutes. Good afternoon. My name is larry solomon with at t. We have reporters in the room and more than 500 listening on the webcam. Well have prepared remarks from our speakers then we will open up to questions. Are listening on the conference bridge, press star and one and we will get you in for questions. If youre listening or watching on the webcast, click the submit question that man in the upper righthand side. With us this evening, randall stephenson, chairman and ceo of at t. David mcafee, at t general petrocelli, an partner at malvern he admires and our lead trial counsel for time warner. Thank you. Good evening. Appreciate everybody coming on this short notice. A few points. Obviously, we are surprised to be here. Candidly, im a bit troubled by it. W