Dream, and if you think it is still achievable today. What is the study of the American Dream . Democrats can call in at 202 7488000. 202 7488001 republicans,. Independents 202 7458002 202 7458002,. You can also catch up with us on social media. cspanwj twitter,. Facebook, facebook. Com cspan. We are talking about the American Dream this morning. One traditional definition of the possibility of starting out poor in this country, working hard, and in the upper rich. If that is your definition of the American Dream, americans are less confident in decades. Only 60 believe in that definition of the messaging. You can see the poll numbers there. We are asking this morning for our viewers on the washington journal to call in and give us your concept of the American Dream. Candidates are already talking about it in their stump speeches. Marco rubio talked about it in his campaign lunch earlier this year. Here is what he had to say. Marco rubio here in america, my father became a bartender, m
Companies progresses. L brands raises its full year outlook as Second Quarter profits beat expectations. Sales at victorias secret, the main growth driver. The great rate debate wages on. We did get the fed Meeting Minutes out of july. Not as dovish as people were expecting. So the economists expecting a september rate hike has been reduced from 40 to 45 ahead of the minutes being released. Futures pointing to a lower open. Were down triple digits on the dow. The nasdaq lower by 28 and the s p 500 also indicating a lower open. This as the ftse cnbc global index, this is a good gauge of stocks around the world. Not just europe but asia as well and were sharply lower in todays trade by 16 points. Very close to session lows. A lot of that having to do with the underperformance in asian markets. Were looking at the xetra dax down triple digits. Thats a 1. 2 move to the down side. The german dax hitting its lowest level since january. Thats a significant move. Just think about how ecb qe po
This week on q a. Journalist scott greenberger. His book on the life and times of chester a. Arthur. Scott greenberger, your book the unexpected president , who is the most interesting character in the book for you . Think Chester Arthur the most interesting character and the book. It is a story of redemption. He is a guy, his father was a very rigid abolitionist reacher, grew up in that preacher. He, shortly after college was a teacher, became a lawyer, moved to new york. Was involved in a very important case that resolved in the desegregation desegregation of you new york city street cars. He was on this moral path and then he served in the civil war, was quartermaster a quartermaster in the union army during the civil war in new york important jobs an with lots of opportunities. After the war, he became in vault involved in machine politics and in particular, he became close to the new york republican boss, a flamboyant character named Roscoe Conkling. Favoriterthur is my character
Just above estimates we begin with wall streets record run futures pointed to a muted open. The dow coming off a fivesession win streak. Plus broken Business Model . Elizabeth warren promising to follow the money when she questions former equifax ceo rick smith in a hearing this morn and pepsi shares are sinking. The beverage and snack giant beats earning but has a lower outlook. The dow, the s p and the russell coming off record highs. The Financial Sector posted its highest in ten years with watches on to see how resilient the market can be. I think what were seeing is a recognition that the economy is better so instead of paying low multiples for, what . Nothing, sorry, go ahead. My pepsi notes. Instead of paying low multiples for companies lets start with the banks. We are going to give the banks a multiple that looks like a stock. Do you know how long its been since i used to speak with brian moynihan, he does a great job and i would say okay lets say you can make two bucks, what
Here with me at post nine, michael santoli, carl has the morning off. And to our top story, facebook fighting back stepping up its response to questions over the role of 2016 president ial election and alleged russian meddling taking out full page ads with the tag line we will fight any attempt to interfere with elections on facebook. Reportedly hiring consulting firms to better communicate with lawmakers in washington as facebook and twitter commit to sending representatives to testify before congress on november 1. Henry, this one keeps getting hotter. Brad smith we had at cyber summit yesterday was saying he had just gotten back from d. C. For the summit. This one is hitting lawmakers where it counts because this is about constituents, social. Thats politics. You are having a collision of most powerful media and Communications Platforms in the world with an industry that everywhere else has been fully regulated for years and the analogy would be if we discovered that comcast tv netw