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It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The First Reading of the u. S. Gdp grew at better than expected rate of 1. 9 . Joining me right now is jason brady, president and ceo of Thornburg Investment management. Its ....
It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The First Reading of the u. S. Gdp grew at better than expected rate of 1. 9 . Joining me right now is jason brady, president and ceo of Thornburg Investment management. Its ....
Equity takeover of the finance section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joins us now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World W ....
State of negotiations as the fateful date approaches beginning in the business mind set lets go. A new trade deal between the United States and japan in the midst of a lingering terror fight between the Trump White House and china and dismal prospects for a new nafta leader global report today the Trump White House announced the signing of the preliminary pact on wednesday hailing new Market Access to japan for us i grew cultural producers a summary from the office of the u. S. Trade representative claimed that the terms of the deal would allow 90 percent of us agree cultural exports to introduce a pan either duty free or with preferential treatment on the other side of the ledger some 40000000. 00 japanese products to the u. S. Will receive similar preferences ....