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Has accepted the resignation that means that god. Is officially resigned as the Prime Minister and that his cabinet is also resigned. And he is basically now going to be head of a caretaker government with that same cabinet for at least 30 days what happens next is that now the parliament has asked the countrys president by him to choose a successor the next Prime Minister. Typically were told that that process should take 15 days but that if it takes longer than not some of them out of time for a new Prime Minister. 30 days of course this is it off and parliamentary procedures and government procedures typically tend to take longer than the deadlines that are outlined inside of parliament and in the constitution this is really uncharted territory right now its unclear exactly whats going to happen i can tell you though ....
We will dig in and follow every move the cbo out today saying the deficit will increase more than earl remember forecast as david said, retail strengths, lowes up t. Target up, more signs of spending from the consumer charlie, welcome this is your kind of rally day any great reason behind it the American Economy continuing to be 70 consumer form the consumer is in very good shape he walmart had seals up almost 3 , target, home depot showing strong results its very hard to have a recession with dropping unemployment, rising wages and strong consumer spending, and yet some of the members of the fed want to cut 50 basis appoints, double what they did. I dont think theyll succeed. I think theres just as many that dont want a cut at all we need to keep bullets in the gun, this is not the time to be cutting rates in the middle of a Strong Economy frankly i think the president s t ....
Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 , largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0. 9 . Treasury yields, this has been the focus all week, yesterday the intraday on the tenyear yield was 1. 793 we are seeing extraordinary moves on a daytoday basis. Getting close to the twoyear feeling it feeling it feeling it little resecessionary feeling i. We have one other piece of Corporate News to bring y ....
yes, the time has come for a fresh approach to dog food. everyday, more dog people are deciding it s time to quit the kibble and feed their dogs fresh food from the farmer s dog. made by vets and delivered right to your door precisely portioned for your dog s needs. it s an idea whose time has come. all right. the craziness at the border, these migrant surge numbers get more incredible by the day and now you have states and cities like new york and new jersey, arguing who is going to house them and when and how to support and deal with them. it s a mess and the epicenter seems to be eagle pass, texas where you ll find our casey stegall. hey, neil, good to see you. a mess might be an understatement as we ve been reporting on the story for multiple years. crossings have slowed dramatically for the start of new year, and it has been fairly quiet this morning here in eagle pass where we are stationed. yesterday, let s show you some video, we witnessed two large groups ....