He will vote no. What are the implications of that for the grahamcassidy bill . Mike as you know, this is a very dramatic moment that almost certainly kills the grahamcassidy bill. The bill could not lose another vote. This means it likely will go down. The amazing thing about this is Republican Leaders again got themselves out on this limb. I dont how many times they need to put their hands on the stove to know this will not have a happy ending for them. Senator rand paul, a hard no. Senator Susan Collins likely no. That is enough to kill it. You look at any of the factchecks about this bill, and this was going to be, of all the different versions, this was going to be one of the hardest on end users. It was arguably rewarding blue states rewarding red states at the expense of blue states. The policy was always problematic. And now we see with senator mccain, the politics also problematic. In senator mccains statement, saying he did this with no joy, the line that was memorable and wi
Coming out 124. 1, in june against last months 123. 3. We are also looking at Current Conditions expectations index, 106. 8. Thats the june against 106. 4 last month now, the Italian Government agreed to wind down two lenders. The deal could cost the state up to 17 billion euros. The government said it would offer additional guarantees to cover potential losses speaking at a press conference, he says it is to avoid disorderly failure of two lenders. This crisis reached a level that required rescue intervention to avoid risks to everyone over disorderly failure. This rescue intervention is directed as favoring account holders and savers of the two banks and in general in favor of the economy of the territory this is one of the most important territories for our National System and economy for the part of small and medium size businesses which certainly plays a major role and historically relies on these banks. You can see shares up 3 after the bank absorbed good assets from lenlders as
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
Well. But i like how you mentioned brazil. To john for air and 10 minutes in brazil but between brazil and the philippines, a lot of emergingmarket politics going on within the student of economics and finance. Of economics stew and finance. Francine now, lets get to the bloomberg first word news. Nejra Bernie Sanders is not going away. He says he will fight for every last vote. Night, he defeated democratic frontrunner Hillary Clinton and the West Virginia primary. Lead inlinton has a big delegates, closing in on the number she needs for the nomination. Meanwhile, Presumptive Republican nominee donald trump won in both West Virginia and nebraska. He faced voters for the First Time Since rival ted cruz dropped out. British prime mr. David cameron may have an awkward time and ofrats when the leaders nigeria at afghanistan visit this week or he told Queen Elizabeth the two countries are extremely corrupt. Prime minister cameron nigerians, the leader is fantastically corrupt. Nigeria and