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Testifying about the safety of the 737 max. We have the details. Grub hubs failure to deliver. Shares are cratered down 40 wall street abandoning this stock. A top analyst explains why they are waving the white flag. Power lunch starts right now lets take a look at where we stand with the markets. The s p 500 off a record high earlier. The dow is higher but still about a percent away from its all time highs now up just about. 03 of a percent another rate cut is expected steve is looking at that and a key issue troubling the fed in the cnbc fed survey. Lets take a look at what the implications are and then well sge get into that issue. 79 . A bit on the low side for some but its a clear and Strong Majority expecting that rate cut. They is sort of kind of one more cut after october of some kind part of the issue right now, the odds of recession picking up to an 11year high at 34 part of the issue right there, its only one issue. Tr ....
I mean do you read about him today i guess the first question id ask could he be elected president today . I think so. Thats really the challenge of the book, whether we can choose someone who is as principled as he is as president. He did not believe coolidge who was president from 23 to 29 that perception is reality which he thought principle is reality. The challenge for us is we just have to have someone who is good looking and speaks well and good salesman or someone who has good principles. I think we can. We deceive ourselves we need looks alone. Who did he put around himself . Very important question. Coolidge came into office from being Vice President. Unfortunately, the president died so there is a cabinet there and some of them are compromised. We remember harding was a period of scandal so do you keep them. And the modern position might be clean sweep, right . Get them out so you will have the appearance of integrity. ....
The appearance of integrity. But coolidge also prized respect for harding. Those people werent condemned yet, innocent until Proven Guilty and continuity for the people in market. So he kept the cabinet for a while. Eventually some people left. The secretary of the interior left. Coolidge did have an investigation. He named a Bipartisan Team to look into corruption in the harding administration. But he thought first of continuity when he became president in august of 1923. Who was the secretary of the treasury . That would be Andrew Mellon who was his and hardings before hoovers after. He is like bernanke though he was treasury secretary, it was said that three president s served under him. How did that relate to the mellon name that we know now, the mellon bank . Mellon was a very wealthy man and he made much of his mone ....
The economy was broken. And i thought what happened before. And there was a period when it was fixed. And that was Calvin Coolidge. I thought ive got to go back and figure out what went right in the 1920s. Talk about him. I mean do you read about him today . I guess the first question id ask, could he be elected president today . I think. So thats really the challenge of the book, whether we can choose someone who is as principled as he is as president. He did not believe coolidge who was president from 23 to 29 that perception is reality which he thought principle is reality. The challenge for us is we just have to have someone who is good looking and speaks well and good salesman or someone who has good principles. I think we can. We deceive ourselves we need looks alone. Who did he put around himself . Very important question. Coolidge came into office from being Vice Preside ....
Before. And there was a period when it was fixed. And that was Calvin Coolidge. I thought ive got to go back and figure out what went right in the 1920s. Talk about him. I mean do you read about him today i guess the first question id ask could he be elected president today . I think. So thats really the challenge of the book, whether we can choose someone who is as principled as he is as president. He did not believe coolidge who was president from 23 to 29 that perception is reality which he thought principle is reality. The challenge for us sauven we just have to have someone who is good looking and speaks well and good salesman or someone who has good principles. I think we can. We deceeve ourselves we need looks alone. Who did he put around himself . Very important question. Coolidge came into office from being Vice President. Unfornl the president died so there is a ca ....