Months lets take a look at the treasury markets watching the 10year back up this morning above 1. 8 at 1. 811. Investor tensions remain on iran even with that snap back yesterday. Tensions mounting with the u. S general Qassem Soleimani was buried in his home town of kerman officials have threatened retaliation against the u. S. For the targeted killing the defense secretary has made no decision about withdrawing troops from iraq another surreal day with that letter that came out from a general that was not signed. Later, they came out and said that was a mistake wasnt signed, poorly woorded wasnt in its final form but to let you know, we are withdrawing from iraq. Let me start with that. Flip the order here and start with that letter we spent several very confusing hours at the white house as officials scramble to figure out what the heck is going on after a marine corps general in iraq sent a letter in which he appeared to suggest that in response to the Iraqi Parliament vote to remo
Anticipating a reacceleration in inflation. Im just happy tightening is over. The economy is on a cooling path but it is a gradual path. This is bloomberg surveillance with jonathan ferro, lisa abramowicz, and annmarie hordern. Jonathan the most important hour of this morning begins right now. Good morning, good morning. Your equity market on the s p 500 positive one third of 1 . 30 minutes away from ppi, jobless claims, and retail sales. Lisa will it change anything . Ultimately i want to see if the market cares. How much people start to realize theres something greater under the hood then we are pricing in. Jonathan they can have a conversation about a Balance Sheet doing something about qt. The risk event for a lot of economists is whether those three cuts implied by the median dot drops down to two. Which would track the market in the direction the market did not want to go. Lisa and if jay powell does not sound as rosy about everything, it may be is concerned financial conditions
Janet yellen begins her speech by making the case that the labor market still need improvement. But how much or how the fed might accomplish that is a tricky question third as the recovery progresses, assessment to be labor market needs more nuanced because of the considerable uncertainty about the level of employment consistent with the mandate. She spends the rest of her speech discussing those nuances. Why has Labor Force Participation dropped . She says that is a key question for policymakers. What portion of the decline in Labor Force Participation reflects structural shifts and what portion reflects weakness in the labor market . She runs through a number of other indicators asking why parttime employment remains so high. Why the quits rate is moving up. She talks about wages. You should see wages go up, but if they dont, maybe it doesnt mean there is lack of the market. She doesnt say that Wage Inflation is a problem. She says the fed has 19 indicators theyre looking at. Improve
Visit ncicap. Org] midterm elections. We will hear from our panelists and take a number of audience questions in person. We plan on ending our conversation by 11 30 a. M. Let me introduce our panelists. Daniel cox is a senior fellow in a public opinion. Louis is a fellow at a ei and he was a senior fellow for American Progress or 20 years. It was a long time. Emily is the Vice President of polling at the cato institute. Marco is the director of race and ethnicity at the pew research center. I will let mark introduce the topic and has some slides that will hopefully magically appear behind us and in front of us to set the stage a bit for the conversation. Mark in for the introduction. I want to show you some basic data about how many immigrants are in the country with protections, at least prepandemic, and more about how many are eligible to vote, needing adult u. S. Citizens because that an important group. Not all of eligible voters are registered to vote but we are seeing a number of
Eastern here on cspan. You can follow it online at cspan. Org and on the free cspan now mobile app. Thanks for being on the program. We will have Election Results tomorrow at this program at 7 00 eastern. We will take you live to the American Enterprise institute and a panel looking at the politics of immigrants. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] midterm elections. We will hear from our panelists and take a number of audience questions in person. We plan on ending our conversation by 11 30 a. M. Let me introduce our panelists. Daniel cox is a senior fellow in a public opinion. Louis is a fellow at a ei and he was a senior fellow for American Progress or 20 years. It was a long time. Emily is the Vice President of polling at the cato institute. Marco is the director of race and ethnicity at the pew research center. I will let mark introduce the topic and has some slides that will hope