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(Bloomberg) Global financial markets are discounting the risk of a “massive conflict throughout the Middle East for now,” economist Nouriel Roubini said.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard as China Strikes Sri Lanka Debt DealIsrael Latest: Blinken Urges Israel to Avoid Harming CiviliansInvestors expect I ....
Confident are you that the two sides can finally thrash out a deal? t can finally thrash out a deal? i wanted to say that from america s prospective expectations for a deal to her of yesterday s meeting were pretty low. the best outcome for the markets was for them to sit down and start conversations and then signal that the negotiations will continue. we know they will meet again on friday and there will be talks between stop in the details of any agreement in that time in between now and friday and then in terms of how confident i am about to deal our baseline scenario is i will still be some kind of compromise where the democrats will have to accept some spending cuts and spending caps in exchange for extending the debt ceiling by 18 24 months but what is concerning is suddenly the exit date has been brought forward quite significantly and most were ....
Do a motion, or pull the motion to vacate and there are more democrats in the chamber than republicans, could we see a democratic speaker or am i i wouldn t go that far, katy, but i think it is one of the things under discussion. for example early on in the process, mccarthy made the argument and came out to the conference and said do you want eric swalwell, that s the name he chose, to start every day with a motion to vacate? because that is what you would get. he apparently backed away from that argue. and i don t know if they found a way to codify that own members of the majority can call for a bhoegs motion to vacate. i don t know if that is possible. but if that is possible, every congress starts with a prayer and a pledge and a motion to vacate. we could be looking at that as a baseline scenario. we knew this next two years was going to be wild, i don t think any of us anticipated it would be quite this wild. a two-minute warning for the ....
Category 4 storm analogies for the economy that the u.s. will kind of slip by a recession? well, mark i have enormous respect for and he s a good friend. i hope he s right. my own view is that the fed now is in the position of hitting the brake harder and at their last meeting in november they thought the chance of the economy having a prolonged slowdown with the rise in unemployment, that s their baseline scenario, not much different than a recession, and having a recession were about equal, and i think unfortunately they now may feel forced to push the economy through thin ice. so unfortunately i think we do have a recession in store for us. the good news is, and this is the only way to put it, a fed-induced recession where consumer and firm balance sheets are where they re at, we should be able to come out of it much more rapidly than we have in previous recessions. certainly than the situation in 2008, 2009. short and shallow. ....