more on this development let s bring in wall street journal columnist henninger and dan and based on evidence that s swirling around in the public how strong is this case? that s an easy question to answer paul. because maybe a thousand or more people have already answered it. unanimously, it is not a strong case. it just isn t which raises the mystery of why it s being brought. what trump is being accused of which is related to the possibility of paying hush money to adult film ac tres years ago is a misdemeanor under new york state law. prosecutor bragg is thinking about elevating it to a felonny under federal law which most specialist say they ve never seen something like that happen before especially with the former president. so the question becomes what is going on exactly with prosecutor bragg? he was under a lot of pressure from his staff before this to do it two prosecutors resign one where a book about it. i think there s the possibility paul that he s facing
there more pain ahead? less as jason chairman stuart ceo of strategic strategy firm. a welcome here and happy new year to you. so, i think after this a dreadful year in the markets, are we going to see some relief in 2023? was paul i m not so sure. i think for some higher-quality companies that can generate their own cash i think it might be a better year. i also think there s a lot of froth there s a lot of annual spirits treated by free money during the culvert era. we are in for another difficult year in my opinion. especially for companies that do not have a lot in the way of profits or cash flow. paul: your political analyst dan clifton who i follow, he argues the year after a midterm election is usually very good for stocks, historically speaking. why could this should be different? well i think this could be a little bit different because normally in a presidential election cycle, administration take the hit earlybird to make the hard decision early in the grease the
quicksilver record job market. businesses are investing in america at record rates. this is partly strongest rebound in american manufacturing and over three decades. that is not selling a recession to meet. let s bring in heaven he s a former chairman of the council of economic advisors and distinguish a visiting fellow at the hoover institution. great to see you my friend. you got inflation right you got the gdp numbers right, you said this is going to be a negative quarter, the second in a row. how bad is this, at least a stagflation not recession, how long is it going to last? it is a very bad. it s going to get a lot worse in the second half of the year, sadly. i think one of the reasons is going to get a lot worse as the biden administration is in denial and they re not pursuing policies that are necessary right now to help the fed out. what are the things they keep saying is we are not really in recession because the labor market is strong. but they re not really l
paul: welcome to the journal editorial report. president biden celebrated his 81st birthday as concern grows among democrats that the incumbent president could lose to donald trump in a 2024 rematch. nbc news survey finds biden trailing the former president in a general election matchup for the first time in that poll as his support among younger voters plummet in what could be a warning sign the key group is peeling away amid the israel/hamas war and doubts about his age. the string of bad polling news for the president. karine jean-pierre says the white house is not worried. no alarm happening behind the scenes and i m not going to comment on everybody who has something to say. our perspective is it is not about age. it is about the president s experience which i would put the president s stamina and wisdom and ability to get this done on behalf of the american people against anyone. paul: let s bring in fox news contributor karl rove. the white house press secretary can
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