Continue moving toward more accommodative policy. As Richard Clara suggested, there is no evidence of an overheating labor market and that gives the fed the option to cut. Have seen some slowing in the economy. You are projecting slowing in the growth in the last quarter. We talked to larry kudlow. He said it is going to get better. This is what he said. I think the economy is in a turning zone and i think we have had a soft two quarters, but i think now we will be moving into a much Stronger Economic story. David that is happy to hear. Is there every is there any evidence of that . Carl i think we are turning, but i think we may be looking for a tougher slog over the next couple of quarters. We have been conditioned to two plus percent gdp growth. What we will see in q3 and q4 is a lot of engines of Economic Growth shutting down, with the exception of consumers. With consumers muddling through the pace of spending that would be consistent with what we are seeing on the income side of
That followed the 1968 tet offensive, the u. S. Media documented a growing crisis. Frequent stories of desertion, of drug use, combat, challenges to legitimate authority, along with reports of scandals and atrocities, most infamous of which was the massacre. And internal military documents tell much the same story. So in thinking about what happened after the tet offensive, we suggested that things were different in the period before 1968. So as we Start Talking about posttet, id start by giving you a quick picture of pretet. And the most common claim thats not going to work. The most common claim that originated in the military and circulated through the press is that in vietnam, the United States fielded the best trained, best equipped, best disciplined force in its history. A force with very high morale. Heres general westmoreland speaking in may 1966. Their performance is exceeding my expectations. I have also the journalist peter arnett in 1966 saying, morale is remarkably high. A
And that suggests titling it manpower and morale after tet rather than in vietnam, that something changed. After the 1968 tet offensive, the media documented a growing crisis, frequent stories of malaise, challenges to authority and reports of scandals and atrocities, the most infamous of which was the mai lai massacre. And internal military documents tell much the same story. So in thinking about what happened after the tet offensive, we are thinking about we suggested that things were different before 1968. As we Start Talking about post tet, i thought it would give you i thought i would give you a really quick picture of pretet. The most common claim that originated within the military and circulated through the press is that in vietnam the United States had fielded the besttrained, bestequipped, bestdisciplined force in its history, a force of very high morale. Here is general westmoreland speaking in 1966, their performance is exceeding my expectations. I have the journalist peter
Mildred bliss, who was a great friend of hers. She could let her hair down a bit and explain all the things that were going on in her life. But i think the garden notebook, which is a very important document, takes us through all the things she went through and her spot on comments about maintenance, design flaws. From the beginning, she have this incredible i think that was the most important thing that she brought to her Landscape Design career. That gavecial context her clients, but she would have been nowhere even with both clients she did not have that incredible insight into design and criticism. When i was looking at the program, when they first presented it to me, i had to learn about a little bit of the history. I did not want people to think we had the Beatrix Farrand garden all the way up which was then removed for the Justice Kennedy guarded. Just close, i will give you a little capsule of what happened between the two of them. Because actually, in the 1920s, and this is ve
Gas involving nordstrom. Lets turn to shawn donnan in washington. We are President Trump saying they will have to do a deal but the Chinese Government is in no rush. Theres a consistent theme out of china that they are ready to ride out this trade war and ride out the pressure from donald trump. President trumps approach seems to be to continue to raise the pressure on china. That is an effort to back xi jinping, his chinese counterpart into a corner. The view you here in china is that is a misreading of chinese domestic policy, and that is in a position that makes it even less likely you would get a deal. The leaders are due to meet at the g20 in osaka, japan at the end of this month. A lot riding on that meeting. David we have heard very different stories. We have the president saying another 325 billion of imports he can put caps on you can put tariffs on. A lot of people the market saying something will come out the g20. What is right in your reporting . Can hope forst we is a repe