Rosengren. And speaking of the fed, yes, there is more. We have an exclusive interview coming up. Loretta mester is the president of the cleveland fed right after the close. Joining us for the hour is charlie with aerial investments. Was this a big sigh of relief after the data from earlier in the week yeah, you know the markets was really nervous about a recession. Thats the conventional wisdom in the market. Theres a lot of evidence that bulls like me keep pointing to that were not, but you can see when we get even a soso number, the markets react very positively Services Growth is slowing and thats the point of contention right now, is does the manufacturing upset bleed into the consumer . And it does, you have a problem. You had a very strong wage growth its not even the fact that unemployment is going down, its that people feel secure in their job. Its a tight job market. People are not worried about losing their job theyre spending more and were still 70 of consumer economy. If t
Escalating trade war sending stocks plunging with dow closing down more than 600 points friday following a barrage of tweets from the president threatening to retaliate against beijing attacking Federal Reserve Jarome Powell and ordering u. S. Companies to find alternatives to doing business in china. Lets bring in wall street journal assistant Editorial Page Editor James Freeman Allysia Finley and Columnist Bill mcgurn, james, your friend has a phrase he calls the edge of chaos with trade negotiation including china and the u. S. Where each side seeks to decide who can absorb the most pain. Are we there . [laughter] we should there, also said its like a drinking, you may win but you will get hurt too along with the other guy and thats where we are, you see that in the market reaction. These are taxes, the president interestingly acknowledging they are taxes in one of his recent tweets and big reason why we have seen reduced Corporate Investment in the u. S. And around the world. Paul
Stocks plunging with dow closing down more than 600 points friday following a barrage of tweets from the president threatening to retaliate against beijing attacking Federal Reserve Jarome Powell and ordering u. S. Companies to find alternatives to doing business in china. Lets bring in wall street journal assistant Editorial Page Editor James Freeman Allysia Finley and Columnist Bill mcgurn, james, your friend has a phrase he calls the edge of chaos with trade negotiation including china and the u. S. Where each side seeks to decide who can absorb the most pain. Are we there . [laughter] we should there, also said its like a drinking, you may win but you will get hurt too along with the other guy and thats where we are, you see that in the market reaction. These are taxes, the president interestingly acknowledging they are taxes in one of his recent tweets and big reason why we have seen reduced Corporate Investment in the u. S. And around the world. Paul bill, how big a problem do yo
Escalating trade war sending stocks plunging with dow closing down more than 600 points friday following a barrage of tweets from the president threatening to retaliate against beijing attacking Federal Reserve Jarome Powell and ordering u. S. Companies to find alternatives to doing business in china. Lets bring in wall street journal assistant Editorial Page Editor James Freeman Allysia Finley and Columnist Bill mcgurn, james, your friend has a phrase he calls the edge of chaos with trade negotiation including china and the u. S. Where each side seeks to decide who can absorb the most pain. Are we there . [laughter] we should there, also said its like a drinking, you may win but you will get hurt too along with the other guy and thats where we are, you see that in the market reaction. These are taxes, the president interestingly acknowledging they are taxes in one of his recent tweets and big reason why we have seen reduced Corporate Investment in the u. S. And around the world. Paul
This is cnn this is gps, the Global Public square. Welcome to all of you in the United States and around the world. Im Fareed Zakaria coming to you from new york today on the program is rarely tags deeper into rafah whilst ceasefire talks stall and Russian Troops advance shorts kharkiv in the new offensive i will talk about the state of both wars with General David Portrays who has been described as the most the effective American Military commander since eisenhower then the sixweek long election in the World Largest democracy will soon draw to a close and indias Prime Minister modi has perhaps on the brink of winning or third term but what is his record on the economy and what about fears of democratic dk ill ask the former head of Indias Central Bank and at a time when journalists across the globe are under siege, im joined by Pulitzer Prize winner Nick Christophe. In decades of reporting, hes witnessed the aston worst humanity has to offer ill ask him why he remains stubbornly hopef