chairman of the friends of falls bluff, his tactical study is widely considered to be the definitive work on that subject. let s welcome james morgan. (applause) good morning everyone can everyone hear me ok? i will be moving around, so this microphone can i get sound back there do you have sound back there? first of all our topic, our theme a small battles and big results. and balls bluffs meets this criteria. 1700 men on each side the numbers were almost dead even. 1709 confederate, 1700 federals. makes him using to read the officers after actions report because on both sides they insist they were terribly outnumbered by the other side. the numbers were dead even. not only a total number but also at every point of contact during the day as those numbers are increasing up to the ultimate 1700 or so. every point of contact the numbers are fairly close. that is just kind of fun to read the after action reports. small battle general charles stone, union division commander a
first up, stocks are selling off around the globe a day after the president tweeted a threat to hike tariffs on friday after the current 10%. we followed it up this morning, the united states have been losing many years, 600 or $700 billion a year on trade with china sor sorry we ll not be doing that anymore. this is what buffett told becky this morning about trade tensions we actually have a trade war that ll be bad for the whole world and could be very bad depending on the extent of the war. you can t shake your fist first and finger later on. it is not a technique that works well he did say this morning s reaction is rational he said a trade war is bad for everything for bershire. the president took in a couple of numbers, 3.6 employment 3.2 gdp. he s shaking everything. you got to take a shot at it as the president. i think he is we were wondering mnuchin who likes to speak to the press when he s not speaking to whoever he s speaking to. he s been saying it is all
all of the three major averages being on track to lose ground for this week with the gains you are seeing this morning if things continue here the dow and the s&p were down for the first time in four sessions yesterday the nasdaq actually snapped an eight-day winning streak again, bouncing back this morning almost to the exact amount that the declines that were posted yesterday. are you seeing green arrows across the board dax up the cac and ftse up by almost half a percent finally, take a look at the treasury market here in the united states. yields at 2.688% michelle, you are here, right? i mean, if you are here, you re going to work. okay. i was reading the paper will you do this? i don t read you were the one of the best. if you if you are here, why can t we tap your vast prompter reading talents? why is that not i ll do whatever you wish i would like you to stay for three hours. i would do. every day. the stock getting crushed this morning the c
talking about it together and we are honored to have you here not to mention larry lives across the street and is a regular customer here. that makes it so special and personal so please join me in welcoming lawrnece kudlow and brian domitrovic. thank you very much, appreciate it. are we on both microphones? c-span, thank you for covering us. i am lawrnece kudlow, i am a local. when random house started organizing this that works, we will do what we can. penguin random house said a while back when we got this thing written and published it is good to have a couple of local bookstores. how about across the street? terrific idea. we will do a bunch of these, tons and tons of media, people have been wonderful to us, wonderful op-ed piece, this is my co-author and great friend brian domitrovic. brian is the curator or head what is the senior associate. senior associate and longtime friend of mine. his prior book iconoclast is all about the supply-side revival going on
republican front-runner donald trump hoping to get closer to that 1237 number of delegates. that s the number who needs to clinch the nomination. jon: but ted cruz and john kasich say they are not going anywhere. both promise they will stay in the race until the convention this summer in cleveland. rich edson live in washington with the latest. rich? reporter: good morning john and presidential front-runner donald trump has to win more than half the outstanding delegates in these upcoming contests to secure the republican nomination on the first ballot. according to a tally by the associated press, donald trump has 845 delegates. ted cruz has 559.ohio governor john kasich has 148. cruz and kasich, he says to drop out and he also tweeted cruz said kasich should leave because he couldn t get 1237. now he can t get to 1237. dropout, lying ted. cruz and kasich maintain they are the only republicans who can win in november. what we are seeing in maryland and across the country i