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Charles at this moment all eyes on the Federal Reserve as coronavirus fears rattle the market. Breaks news from boston fed president aaron, give us the news, jennifer. Good afternoon, charles. Boston fed giving a speech in new york this afternoon saying the fed should consider buying a broaderrange of assets besides treasuries should rates go to zero. That policy would require change to the Federal Reserve act, rosenbrend says a facility that could buy assets if treasury agrees to backstop it and offer and hes one that is caution that lowering rates at the risk of pushing investors into riskier assets could lead to bubbles in markets and now suggesting this policy really taking a page out of japans playbook. That would not stimulate the economy. All of this, of course, on a yield when the year on the 10year hitting alltime new low. This is the last time that fed officials w ....
Charles so today investors seeking caution and safety at onetwo punch, disappointing reports on the service economy, the u. S. Service economy and worries that the coronavirus the coronavirus developments now outside of china people monitoring that very closely, but those fundamental developments, they continue to be very good. Ive been talking about corporate earnings to Economic Data and manufacturing and housing, lets bring if right now to discuss ceo rob luna, martin, both of you guys, the last 2 or 3 weeks have been fairly cautious, disappointed in you. [laughter] charles scott, youve been pounding the table, gold first and foremost, grease place to hide out, what else do you see . You can call me gold member, i guess, charles, like the austin powers movie because i think thats where you have to be frankly. And youre right, its not been just like climbing the market or saying, hey, things are going to get bad, its just looking ....
I am director of the harry ransom center, which is pleased to be cosponsoring this Evenings Program along with the lbj library. Bob woodward, as many of you know, has a special tie to the university of texas. In 2003, he and his Washington Post colleague, charles Carl Bernstein placed papers at the universitys harry ransom center. It was a historically significant acquisition, which was fittingly celebrated here, together again this evening. Much has transpired over the following decade. The identity of deep throat was made public. Many hours of white house recordings have been released by the national archives, ....