Mind lets go ahead and take a look at the state of the Global Economy and whats moving markets today with Todd Horowitz chief strategist at bubba trading and octavio c. E. O. Of optimists l. L. C. Thank you both for being here today octavia i want to start with you here i want to get your take on this Economic Data that we just talked about what do you make of this possible v. Shaped recovery in germany and with the rest of the eurozone facing inflation issues well off the e. C. B. As targets do you see the central bank injecting more stimulus to get things rolling. Well i think the projections coming from germany are new to the optimistic original the germans of being so minus the optimistic typically now their projections are predication quite a few things 1st of all theyre saying were not going to have further lock sounds and which means theres not going to be further outbreaks of covert im not quite sure how theyre able to make those projections i think the balance the risk in many
In the hot seat as the firm faces claims of Racial Discrimination well bring you up to speed on the latest lawsuits plus as the world handles dueling crises of the coronavirus and Global Economic slowdown greece and turkey have opened a new front for concern as tensions are high in the mediterranean with a packed show today so lets dive right in. And we lead the program with positive data out of europes largest economy in the German Government said tuesday their coverage is going better than expected issuing an upward revision of its Economic Forecast for 2020 german economic minister peter all meyer said tuesday the country is dealing with a v. Shaped of development. The recession in the 1st half of the year was less severe than we had and the upturn after the low and the peak of the restrictions has been faster and more dynamic than we had. However it is true that we are over the worst since may we have a significant recovery in the economy and in services in trade and industry we ex
Recession in the 1st half of the year was less severe than we can see here and the upturn after the low and the peak of the restrictions has been faster and more dynamic than we had. However it is true that we are over the worst since may we have a significant recovery in the economy and in services in trade and industry we expect the recovery effort he continues for the rest of the year. Germany is now predicting a contraction in Gross Domestic Product of 5. 8 percent rather than the forecast of 6. 3 percent anticipated in late april the government also expects growth of 4. 4 percent in 2021 meanwhile inflation in the euro zone turned negative in august for the 1st time since 2016 annual inflation for euro zone countries fell to minus point 2 percent in august from point 4 percent in july reported number is far less than the European Central banks target of just under 2 percent so with all this in mind lets go ahead and take a look at the state of the Global Economy and whats moving m
All in the bay area, low clouds, lots of this mo the afternoon hours, we are watching the fire zone forecast is welcome to the wind picks up, nothing too extreme around time is 50 miles an hour. More of your forecast a few minutes. Standing by right now we have an update on the commute. Reporter good morning, we have traffic that is moving along slowly on some of these commutes at the bay bridge toll plaza for example. You will see its backed up all the way to the main metering lights which are on, this is about a 15 minute delay, nothing unusual about that should be gone by 8 00 unless it is a problem this is the 880, i moved too quickly for me. Here it is, goodnews. If you are leaving the city in fremont, the crash is clear, traffic on the ultimate pass approach is still very heavy. The south a commutes to 80 in san jose and all the other freeways are doing well, lets get back to the headlines. Straight to a developing story, we are following overnight, hundreds of people took part i
News and opinion website. As always, we will take your calls and you can join the conversation on facebook and twitter as well. Washington is next. Ist good morning, it monday, september 23, 2019. Scrutiny over President Trumps reactions to ukraine have led for renewed calls for impeachment. Also acknowledged yesterday that joe biden came up in that july call. This morning on the washington journal, we are getting your reaction to this story as phone lines are split as usual by political party. Is thets, 2027488000 number. Republicans, 2027488001. Independents, 2027488002. You can also text us and if you do, please include your name and where you are from. That number, 2027488003. You can also catch up with us on social media. On twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good monday morning, you can start calling in now. It was the washington journal over the weekend that led the that julyorting about phone call with President Trump. The wall street journal w