Headlines lets go. And unforseen error slowing the United States economy leads or global report today as analyst at two Major Players in Global Finance say the partial Government Shutdown is taking a measurable bite out of growth and may leave the Federal Reserve flying blind on Interest Rates bank of America Merrill lynch says the partial shutdown of seven of thirteen federal agencies which has left eight hundred thousand federal workers unsure of when their next paycheck will rise shaved a tenth of a percent off of merrills estimate of u. S. Growth for the Fourth Quarter of last year reducing that estimate estimated g. D. P. To two point eight percent meanwhile economist at Deutsche Bank raised a key practical problem pointing out that the u. S. Federal reserve which has touted data depended as a principal of Decision Making could be deprived of key data points from government sources including durable goods orders and new home sales if the shutdown drags on while a tenth of a percen
Three point five percent look at that well soon see what that actual q four g. D. P. Number is thats if the government economist at the commerce Departments Bureau of Economic Analysis go back to work when the shutdown is over the release date is set supposed to be on january thirtieth. And turning to specific agencies and functions a u. S. Securities Exchange Commission the f. C. C. And my old agency that my Futures Trading Commission to see f. T. C. Are among the agencies taken offline by the partial shutdown both financial regulators vital functions which include investigating possible violations of securities and commodities laws and review of applications for Stock Offering Exchange Applications and product approval are among the key activities currently being suspended by the shutdown at the s c c only one hundred ten and forest month staff out of the f. C. C. Is a total workforce of forty four one hundred employees or on hand. They handle a limited number of emergencies during t
This is boom bust broadcast around the world and covering the world of phillis and finance and the impact on all of us im part film in washington d. C. Thank you so much for joining we are glad youre on board coverage of the day we take a look at the good the bad and the ugly of those with christie our apparent part plus the massive consumer of what products show begins in las vegas today always cook most of the big picture is there will give us a report and later well look at how some nations around the world Fund Education and the Student Loan Debt in the United States remington a grade of Public Financing joins them all of that directly ahead but first but then some headlines lets go. And unforseen error slowing the United States economy leads are global report today as analyst at two Major Players in Global Finance say the partial Government Shutdown is taking a measurable bite out of growth and may leave the Federal Reserve flying blind on Interest Rates bank of America Merrill ly
Leads or global report today as analyst at two Major Players in Global Finance say the partial Government Shutdown is taking a measurable bite out of growth and may leave the Federal Reserve flying blind on Interest Rates bank of America Merrill lynch says the partial shutdown of seven of thirteen federal agencies which has left eight hundred thousand federal workers unsure of when their next paycheck will rise shaved a tenth of a percent off of merrills estimate of u. S. Growth for the Fourth Quarter of last year reducing that estimate estimated g. D. P. To two point eight percent meanwhile economist at Deutsche Bank raised a key practical problem pointing out that the u. S. Federal reserve which has touted data depended as a principal of Decision Making could be deprived of key data points from government sources including durable goods orders and new home sales if the shutdown drags on while a tenth of a percent off of the expected g. D. P. May not seem like a lot these teen numbers
Reality of the whole thing might blow off in the face of a system that spawned out of control of. All the money that will make everything the current Investment Bank Lehman Brothers start september thirteenth on d. W. London october sixteenth eight hundred thirty four the palace of westminster the Old Parliament building was in flames in spite of desperate efforts it proved impossible to get the fire under control so the firefighters concentrated on saving the oldest part of this vast complex. Westminster hall twenty four hours later most of the palace was a smoking ruling but the huge hall with its richly carved wooden ceiling remained undamaged originally this was part of the royal palace the High Court Sat here and it was the scene of banquets and magnificent state occasions. And Westminster Hall is what you might call the british monarchy premier state department and it has been for nine hundred years. I didnt in fifteen thirty after a previous fire the king in court moved out but