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Better than estimated. How would you characterize the recent data and the strength of the economy . Win i would say its solid. We had some outliers, but you look at some models, the atlanta fed has growth somewhere around 2. 3 . The new york fed now has some thing around 1. 2 . I expect the truth is somewhere in between. I think we will avoid recession in 2020. Thats what the yield curve is telling us. We went from an extended period of inverted yield last year to positive. I think markets feel pretty good. That said, we have a few hurdles out there. Vonnie iran the and one of them. How do you see this escalating tension, the titfortat impacting markets, particularly currency markets . Win we started the year pretty much popping open champagne, hitting record highs in the equity market, but we got a serious dose of reality. A. Trump has ignited situation in an already quite unstable region. Iran has pledged retaliation. When, what, where, we dont know. That is not just against u. S. It ....
Morning. Education secretary rick perry calling it a deliberate attack on the Global Economy. Plus oxycontin maker, pharma filing for bankruptcy this morning. First up, though, a series of attacks on two of the Worlds LargestOil Facilities in the news the u. S. Is rejecting that notion saying the scope and the precision of the attack suggests the launch was made by the houthis but, in fact, originated by iran. Iran calling the claims baseless and unacceptable guys, weve been talking all year long about what it could take to produce a true supply shock. I think theyll come back 5. 7 Million Barrels. Look theres a temporary inability to get permian oil. You can only ship so much. You have one harbor who can handle it, two others. Corpus christi not yet i guess what ....
Story making front pages as well, it says Governor Bank of england is being accused of a reviving project theatre, with his warnings about a nokia brexit. Natural cover is it that a mother has been found guilty of murdering her two Young Children 18 days apart. Finally, that guardian leaving the claims in a firm run by borisjohnson allies had secretly built a facebook disinformation network. That was a quick taste at the front pages. Theyre going to start off with the huffington post. By election taking place right now, polls are closed and so, a big test for Boris Johnson. And so, a big test for Boris Johnson. Obviously weve seen stories covered by the paper is because of the website we try to throw it forward to look at what people talk about tomorrow and its going t ....