and china went up by twenty five percentage point points that would entail a reduction of g.d.p. of point six percent for the united states and one point five percent for china do the math there is a self-inflicted wounds that should be avoided. the guard s message is clearly aimed at american and chinese trade representatives. for weeks now they ve been trying to find a solution to their simmering trade conflict the clock is ticking and international economists hope to trumpet ministration will heed the warning. let s bring in our financial correspondent and scored here. global institutions are sounding the alarm over the state of the world economy but wall street doesn t seem to be overly intimidated well we keep listening to the same old song
there the trade conflict is not positive that breaks it actually could be hurtful to global growth there s nothing really new but first of all we do know do not really know if the trade conflict between the u.s. and china will really escalate or if we might find a solution in the next couple of weeks and we also do not know how possible breaks that might materialize and the i.m.f. keeps lowering their economic growth forecast and on a positive note christine lagarde is still not talking about recession so that s at least a little bit of good news and so wall street hardly reacted to this forecast and here s shares of right helling service list fell below their i.p.o. prize in just their second day of trading what happened there. well for instance there was one analyst coming out with a cell rating on the stock and giving
a solution to their simmering trade conflict the clock is ticking and international economists hope to trump administration will heed the warning. let s bring in our financial correspondent and score to hear our. global institutions are sounding the alarm over the state of the world economy but wall street doesn t seem to be overly intimidated. well we keep listening to the same old song that the trade conflict is not positive that breaks it actually could be hurtful to global growth is nothing really new but first of all we do know do not really know if the trade conflict between the u.s. and china will really escalate or if we might find a solution in the next couple of weeks and we also do not know how possible breaks it might materialize and the i.m.f. keeps lowering their economic growth forecast and on
a positive note christine lagarde is still not talking about recession so that s at least a little bit of good news and so wall street hardly reacted to this forecast and yes shares of right heading service list fell below their i.p.o. prize in just their second day of trading what happened there well for instance there was one analyst coming out with the sale rating on the stock and giving a price target of forty two dollars a share well the stock started trading on friday with seventy two dollars apiece so obviously there is quite some skepticism and maybe lift has been too optimistic when they gave out their stock on friday not that they gave up the stock but maybe the price was just too high and that could be telling for the next big companies waiting with their i.p.o. in the next next couple of weeks select for instance or interest so i m quite certain that the next i.p.o. s will be
laura: there s a host here. here i am i m sorry laura: this is what alexandria ocasio-cortez said to the washington post, i want to say this because we reached out to the post tonight and asked them for a full transcript of what they said. in this interview, sometimes you edit for length and i get that. i wanted to see the full content of what she said. but they edited it for space and i don t know what. they didn t give us the full transcript, we got the printed transcript. she said there s nothing about the republican etiology that is about wealth building or prosperity for the working class. okay, now, that s really interesting, in the washington post, because the washington post just published a piece in september talking about how blue collar wages, the wage increases under trump, the jobs boom has finally reached blew collar workers, will it last? thank god we re finally seeing wages go up. wall street doesn t like that.