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Iaii will decline next year. We anticipate the same rates next year as last year. European equity markets pull back and yields fall as german Business Activity contracts for the fourth month in a row suggesting the largest economy is well into the midst of recession. Bond bears retreat. Bill ackman pulled the position on the short position and bill gross is calling concern over the health of the u. S. Economy. And ha anmas releases two m hostages as Emmanuel Macron arrives in tel aviv as diplomatic efforts continue to step up. Happy tuesday. Warm welcome it street signs. We will kick off the show with the latest pmi. The october flash figures. The flash pmi has come in at 46. 5 . That is down from 47. 2 in september. The pmi hitting the lowest level in nearly three years during recession worries. Here is the breakdown. The manufacturing pmi is 43 which is down from 43. 4 ....
As nbc confirms a report that the president ordered Robert Mueller fired, but backed away when the white House Counsel threatened to quit. Im willem marx in london. Lvh shares beat expectations for the Fourth Quarter as Chinese Shoppers buy more handbags and champagne. And shares in swiss fragrance and fragrance manufacturer rise in net profit and a planned hike for its dividend welcome to street signs. We are awaiting President Trumps speech later today, but the president ahead of that speech telling cnbc that he would consider rejoining the Transpacific Partnership speaking to joe kernen in davos, he said he was here to negotiate. I like bila ....
Graduate of the cobart school of business there and subsequently went to work briefly at u. S. Steel and then the u. S. America mercantile exchange. He joined Goldman Sachs in 1990, became a partner in 1994 and rose up to be the head of the Commodities Division and then ultimately the currency commodities fixed income division. And cohead of the Global Securities division. And then ultimately in 2006 became the president and chief operating officer and director. And he is on a tight schedule, so im going to start right now. Thank you for doing this. Im just wondering how much of my bio you memorized. Well, i memorized it a little bit. Pretty good. So are the eagles bigger in washington or wall street . What egos . No egos. None . Neither place. Okay. And have you found since youve become one of the two point men ....
The Economic Club of washington about the republican tax plan earlier today. Can i have your attention, please . Okay. So everybody please sit down. Thank you. Can everybody please sit down . Thank you. As you know, i normally open with some announcements and all those who came to hear those announcements, youll have to wait a little bit. Because gary is on a tight schedule, so were going to start the interview right now and go for about 50 minutes and then gary will have to leave, go back for an announcement at the white house and i will then make my announcements about everything and then the main course will be served then. Okay . So gary, let me first introduce you. Gary is the assistant to the president for Economic Policy and head of the National Economic council. He had the position from the beginning of this a ....
Down, yes. Could everybody please sit down . Thank you. So as you know, i normally open with some scintillating announcements and all those who came to hear those scintillating announcements, youll have to wait a little bit. Because gary is on a tight schedule. So were going to start the interview right now and go for about 50 minutes, and gary will have to leave, go back for an announcement at the white house, and then i will make my scintillating announcements about everything and the main course will be served then. Gary, let me first introduce you, gary is the assistant to the president for the American Economic council. Hes had that position since the beginning of this administration. Hes by background a native of Shaker Heights in the cleveland area. And then subsequently went to work briefly in u. S. Steel then the new york mercantile exchange, he joined goldmansach ....