Charles the economy continues to be a lot stronger than the expert consensus. This morning gdup 2. 1 , beat consensus. Durable goods up. 6 a percent, beat consensus. Business investment crushed consensus. What does it mean for the markets . I would like to bring in fhn financial chief economist chris lowe and jack ablin of crescent wealth management. Let me start with you. Economic data continues for the most part coming in better than anticipated. It does the same experts. You are part of the expert pool. Say, of course it came in better. The gm strike is over. Of course it came in better but im just, i find it remarkable, it feels like it can continue . It does. And i think thats, if you take a step back, think about how the story has changed in the last three or fourmonth, the biggest thing is we were talking about recession, right . Will it come before the end of the year . Is it a 2020 story . Nobody is talking about recession anymore. The economy is fine. We are growing and i kno
Impeachment resolution of President Trump, and members will begin debate on raising the minimum wage. Now to live coverage of the u. S. House here on cspan. The speaker the house will be in order. The prayer will be offered by our guest chaplain, the reverend john p. Fitzgibbons, regis university, denver, colorado. God, plain most holy please unite and guide the leaders in this house to recognize, to speak for, and to safeguard the vulnerable and the marginalized in all corners of our nation. Help us to hear and to champion the rights of dreamers of all colors, all context, and all ages, especially the young whose ardent desire is to know and to build a better society. Help us to illuminate the path and to advocate for our countrys learners and their teachers so that access to education and the power of knowledge will continue to produce servant leaders committed to democracy, equality, and justice. Help us to unite our hearts and our minds to share freely of our gifts, to reflect crit
Jonathan lets get you to the weekend. Live from new york city, good morning, good morning from our audience worldwide, we are closing out the week and heading towards the weekend, looking for four weeks of gains on the s p 500 with a sprinkle of fed speak. Kashkari, daily, and for the really committed, sunday at chairman powell commencement speech. Lisa im sure everyone around this table is very committed and some are double dipping this week. Yesterday, fed speak was kind of the same, higher for longer to gain confidence. I want to bring you to raphael bostic. If things dont go that way, im not locked into policy but if they go that way, he could see a cut by the end of the year. Annmarie i love how that is the most dovish thing you can get, but this week has shown us that there is a difference between relief and surprise. The data that we got was relieved. Surprised was the First Quarter. This week was relief, the market maybe starts to see buying and it backs off with fed speakers w
Rise as tropical depression harvey moves into indiana. We get the latest from our correspondent on the ground. Remembering the woman known as the peoples princess 20 years after her death in paris. Diana spencer still inspires tribute around the world. We will be looking at how much Hurricane Harvey might have crossed the u. S. Southern state in whats being dubbed by some as the worst storm to hit the country in recent memory. You are watching france 24, im olivia salas are. Here in france, the government is getting back to work with a happy project. It is announcing sweeping labor reforms that hopes to tackle the country us unemployment problem. Employment law was a key Campaign Issue in the president ial election and Emmanuel Macron pledged to change things up. Minister has been sketching out the planned reforms in a press conference today. Lets hear from him. Country of social rights. It will remain so. But we need to also be aware of the situation which is that of a country charact
, i am is daybreak asia Kathleen Hays in new york where it is after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. We will break down some gdp numbers. In line with estimates. But, slowing from the First Quarter. These are preliminary, 2. 7 year on year, in terms of the quarter on quarter. We are seeing growth at 0. 6 . The is slightly off from 1. 1 growth we saw in the previous quarter. The First Quarter was about robust investment. That seems to be continuing on. The Second Quarter, still could be a lot of risks with trade tensions in the u. S. And china. We will see how president moon, how is budget and how this plays out. Bok optimistic on the hike front. Kathleen yes, they are in it for the long haul. One of the Biggest Challenges korea, president moon changing the composition of exportleding from growth, which he has argued on the campaign trail. And, in office, he want something more incomedriven. He wants to raise jobs and taxes. It is a lot to do, but a lot o