General once again. Did the cabinet have sight of the legal advice, and did the Prime Minister chief adviser, Dominic Cummings have sight of the legal advice . She will know that i cannot disclose whether i give advice, or the content of any such advice. It has covered by the law offices convention. The question is was the advice shown presumes there was advice. So it simply contradicts the law offices convention. I wish i could answer, but i cant. Following yesterdays Supreme Court judgment, the but i cant. Following yesterdays Supreme Courtjudgment, the Prime Minister presumably got in touch with the Buckingham Palace and offered his apologies to her majesty the queen for unlawful advice. My question is that the attorney general speak to the Prime Minister before that conversation took place . I didnt, no. Seems he cant remember would he agree with me that any reasonable attorney general acting with due care would challenge and perhaps even laugh at any suggestion that five weeks of
200 points after the jobs report ended the day down just 40 points. Meantime the yield on the tenyear yield jump back above 2 President Trump blasting the fed when speaking to reporters earlier today. Were paying a lot of interest and it is unnecessary, but we dont have a fed that knows what theyre doing so it is one of those little things. But if we had a fed that would lower rates, you would have a rocket ship. So what is the market saying now about what it expects for a potential rate cut this month . Didnt bullard and powell dress down the window for a rate cut last week, or at least going from 50 to 25 basis points i think powell should dress down the window i dont think he should cut. At all . The market thinks he should cut but you have a limited amount of ammo so why not string it out longer wasnt the argument that the fed moved too far . One cut too far. And it was more of an ee quill quill equilibrium cut the question is was good news today bad news for that. If you look at f
Regions. As the french sentiment grows be owns, the jazz food is with west and Central African countries. Quoting for the abolition of the powers spot ca from the 8th 10 pm here in moscow, and this is on the international with the latest world news updates is great to have you with us. And we start with news from crimea will quote, Defense Forces have repelled a 2nd key of attack on the crime in bridge as well as the 2 ukranian missed all special down near the bridge. According to the Russian Defense industry, which saved the path as the 200. 00 guided rockets were detected as intercepted earlier on the size of a another attack was attempted on crimea making a 3rd a sold in the span of 24 hours. Oh, successfully repelled his local correspondence with more details as well. What do you see . The quotes were located near the crimean bridge, which is currently operating as usual. Both cars and rail transferred have already set off through the Church Street in the direction of the crimean a
Country seems to be fueling some kind of negative sentiment worldwide. Tom i agreed to start there for the western world. Its not just about china. There disinflation, we dont need a bunch of charts this early in the morning but the vector of deflation and disinflation in china from the beginning of covid and they did covid differently than we did but im sorry, its disinflationary and get you down to a run rate of a positive 1 even with the present deflation and thats not good enough. Jonathan at the same time, the western developed markets are finding inflation and we had deflation in china and people are asking, we are in it now so how long will it last . Lisa and is this the bottom . It could have a more inflationary time later on. How much does china matter as a disinflationary force for the rest of the world at a time were places like the u. S. Are moving away from importing some of their goods and the eu is trying to be more aggressive with lyft service. And we have budget defici
Decline. You can see we are looking at west texas intermediate trading for a 3. 48 83. 48. We will have the results in just a moment. General motors has unveiled its first all electric cadillac escalade. It is called the escalade i q. I caught up with the president of gm about the announcement. The current escalade, we sold over one million units. One out of every three of these suvs in this luxury segment is an escalade. We have an x successful brand and it is an on believable vehicle for General Motors but this is added business. We are going to be the first ones to bring it here with an iconic brand and this is in addition to the internal Combustion Engine escalade and you can see it in the next step of the deadlock the the design language of the escalade. The escalade standard of the world. Matt you already have the hummer, which is on the cutting edge of everything and early adopters who are waiting for a big electric vehicle, i assume went out and got that. Who is left to buy the