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sides, janet yellen does not want a boom bust economy. she just wrapped up remarks. itnne: that q&a just ending and. a fireside chat more than a question and answer panel. very lighthearted moments, talking about her first days and weeks as fed chair as she does wrap up one of the last speeches we will hear from her before she steps down as fed chair. a lot of talk about inflation as well. betty: saying the fed is not certain low inflation is indeed transitory. pretty significant headline coming from her. mention, wide-ranging talk from everything from her first days at the fed, do the most interesting person is she has ever met. certainly covered a lot of bases. as we digest these headlines from janet yellen, let s get to the first word news with jessica summers. jessica: the mexican peso weakened against the dollar. robert lighthizer says there is no evidence canada and mexico will seriously engage in renegotiating nafta. this follows a fifth round of talks. they fe ....
david: it is shaping up to be a very interesting friday. the stories of north korea. dollar-yen giving at the moment. the moment.t this activity story of cutting ratings in china. already know.t we basics, the core of the issue is the amount of debt on the chinese economy has outpaced the size of the economy. it might not be the same as back in 2009. to othercompare china developing economies, that should not be at these levels. downgrade.s haidi: are the ratings agencies behind the curve? people who have been watching china has been saying this is a ticking time bomb. at one point we are going to have to deal with this. just kicking the can down the road instead of the leveraging de-leveraging. they getting from the amount of credit being used to drive growth. not really a happy friday for asian markets. more riskturned a bit off. trading higher from the session low. of northr a report korea saying countermeasures may mean an h-bomb test. when you look at what is hap ....
the labor market remains strong. teen the debt came can still getting kicked down the road and continues. haidi: toshiba agrees to sell its units to the bank consortium. a little while ago, we had an absolute welter of japanese data. it was good in parts. one of the ones that was anodyne with household spending. went it is really showing is how japan s households, perhaps the increase in august, 6/10 of 1% was pretty much expected reversing a slight decline in july. positive signals. auto sales rebounding. we have risk ahead. a slight pickup in inflation and against the backdrop of a central bank that would mark progress on reflation. low unemployment. key.s the wages are still growing, but spending is only just starting to get hired. that is something shinzo abe before an increase in the consumption tax and a couple of years. haidi: that s right. we are wondering, we saw the setback that resulted from the last tax hike. we have been bracing ourselves situation when f ....
business confidence is plunging. haidi: more disappointing news from the factory floor and japan , machine orders slumping, producer prices staying flat. rishaad: the long and short of it, hong kong stocks being targeted by skeptical researchers. of course all this political drama, the british election, james comey and his testimony to congress. having a look at gold. start toshed in and buy gold at times like this as a haven play. this is #502, a look at the last three weeks. have had three weeks of gold prices falling. never mind if you look at gold in sterling terms, but gold is priced in dollars. we could be heading for a negative fourth week third week for gold as well. haidi: that s right. you mentioned that excellent point about gold being a currency play. you look at this chart. it is showing that correlation of the prices metal priced in sterling gaining 2.2% after that calamitous result in the u.k. of election. that is very much isolated when it comes to bul ....
has it spreads to more countries impacting economic markets, causing a state of alarm around the world. it is scary and the fact that it pops up and you don t know where it might be, it s scary. we re just washing our hands you have to be careful. take care of yourself. and fire wall, joe biden hoping he can hold on to, south carolina, as polls show bernie sanders cutting into his lead. south carolina is a state biden must win. you are likely to determine who the next president will be and it all starts here in south carolina. it starts here. for real. and good day, everyone. i m andrea mitchell in washington. president trump is flying back from india wrapping up that visit with one of his significant press conferences. the political targets today including hillary clinton, michelle obama and two women who sit on the supreme court. the president also delivering another dismissal of any russian interference on his behalf after accusing democratic lawmaker ....