investors brushed off comments from the chair of america s central bank, jerome powell, who s ruled out an interest rate cut next month. isaac poole, the global chief investment officer at 0reana financial services gave us his outlook on the interest rates and the markets earlier. what we are seeing here is the market really continuing to expect significant rate cuts from the fed and that has helped drive forward returns, as you say, this target was what we were expecting to hit at the end of the year, but we have seen a little bit better than expected economic data is also helping optimism, that earnings growth might pick up a bit in the next few months. so this is all bit in the next few months. so this is all about expectation for rate cuts, mr optimism because of strong earnings? i think it really does reflect rate cut expectations and a growing belief that the us can have a soft landing, because when you look at earnings growth, actual earnings growth has been slow and
language in the report about my recollection of the events, it is even referenced that i don t remember when my son died. how in the hell dare he raise that? frankly when i was asked the question, it wasn t any of their damn business. let me tell you something. since the day he died, every single day. every memorial day, we hold a service remembering him, attended by friends and family and the people who loved him. i don t need anyone, i don t need anyone to remind me when he passed away. the simple truth is, i sat for five hours, passed away. the simple truth is, i sat forfive hours, two days of events, going back years. at the same time i was handling an international crisis. their task was to make a decision about whether the charges in this case. that is their decision to make. that is hisjob. they decided not their decision to make. that is his job. they decided not to move forward. for any extraneous commentary, they don t know what they are talking about. it has no pla
this stems back to 2017, following his role as vice president. but special counsel robert hur has decided not to pursue criminal charges against mr biden. mr biden cooperated with his investigation, and guilt could not be established beyond a reasonable doubt. mr biden previously admitted that a handful of documents were filed in the wrong place, and said that he had immediately turned them over to thejustice department. he defended keeping hold of them saying they were locked in the garage at his delaware home. here s what he had to say about thursday s report. now, i have seen the headlines about my wilful retention of documents. this is not only misleading, butjust plain wrong. he butjust plain wrong. insisted his memory is fine. the he insisted his memory is fine. the special counsel said the president had presented himself as a sympathetic well meaning elderly man with a poor memory. in remarks that took a personal and combative tone at times, president biden said despit
helped drive forward returns, as you say. this target was what we were expecting to hit at the end of the year, but we have seen a little bit of better than expected economic data also helping optimism that earnings growth might pick up a bit in the next few months. so is this all about expectation for rate cuts? is the optimism because of strong earnings? i the optimism because of strong earninus? ~ ., , earnings? i think it really does reflect earnings? i think it really does reflect rate - earnings? i think it really does reflect rate cut - does reflect rate cut expectations and the growing belief that the us can have a soft landing, because when you look at earnings growth, actual earnings growth has been slow and negative for some companies. growth is slowing, it does cast doubt on the possibility of a re acceleration in the interim here. so it leaves that rally a little vulnerable to any failure to reach those expectations. japan s nikkei has crossed the 37,000 mark f
continued to expect continuing to read cuts from the fed, which is held jack forward returns. as you say, this target is what we were expected to hit at the end of the year but we have seen a bit better than expected economic data that is hope and optimism that things might pick up in the next few months. is that things might pick up in the next few months. is this all about the next few months. is this all about expectation - the next few months. is this all about expectation for - the next few months. is this | all about expectation for rate cuts was to mark as their optimism because of strong earnings? it optimism because of strong earnings? optimism because of strong earninus? . , ., . earnings? it reflects rate cut exnectations earnings? it reflects rate cut expectations undergoing - earnings? it reflects rate cut l expectations undergoing belief that the us can have a soft landing, when you look at earnings growth, actually earnings growth, actually earnings growth