Numbers while the Major Economies are raising rates and chinas growing below its growth targets. Paul, what are some of the complex sort of Pressure Points that these countries will have to navigate as they forge ahead . Yeah, well, i really think its a Confidence Game at this point, right . So we want consumers to continue to spend. We want firms to continue to invest. So i think having some confidence that the the rate cycle globally is near its peak, the us continues to put up good numbers. Chinas been tweaking some of the measures over the past week in the property market. So its certainly not a disastrous story, but its probably going to come in with a Forehand Build this year on growth and countries are just going to have to figure out how to navigate that given their particular circumstances. So its not a terrible scenario, but its a little bit weaker than were used to in this part of the world where china was powering the region and everyone else was kind of pulled along behind
But enrique tarrio, although he was the last of the proud boys to be sentenced for his role in the violent events of january six, 2021, he was the leader of that group, and thejudge had made it clear that even though he wasnt in washington on the day, that fateful day, he did orchestrate, organise and take credit for what happened. Many viewers will remember, of course, the violent scenes when people died. Many people were injured during the attempts by the proud boys and other right wing groups who supported donald trump to stop the peaceful and constitutional handover of power from one elected president to another. Of course, President Joe Biden won that election of 2020, even though that was denied and they still denied by many supporters of donald trump. Tarrio was in the courtroom, sat in a head to toe in an orange prison, prison issued jumpsuit. As he listened to his lawyers try to plea for some leniency. He stood up himself. He showed a lot of remorse, even though, as the judge
Yields are still high relatively. The bloomberg dollar index continues to come down from the high for the year days ago. 12. 71 the level. Nymex crude has entered correction territory. Down maybe 10 this week alone. Nymex crude trading at 82. 72. Jon we are watching the oil story in canada and the currency story as well. We have seen the Canadian Dollar stronger. A lot of people were thinking the bank of canada has got to continue to navigate the inflation challenge given resiliency in the canadian job market. Smaller economy, but still, the nearly 64,000 jobs created in september was triple what the economists who track these data points were expecting. The Unemployment Rate held steady, 5. 5 . But the wage growth story and we talk about these labor challenges across north america yearoveryear, you saw an increase of over 5 . The inflationary effects are things central bankers are watching closely. Matt yes. Really fascinating beats in canada and the u. S. I mentioned the september jo
In new york. Time in five days, we are in the green. And jim glassman joining us at 8 30. Where are we now . It is a good question to ask on a thursday. Francine it is, and we will look at emerging markets. Here is natural. Nejra britain is going to the polls, london will elect a new mayor. Financed his own race through the republican president ial primaries. Now that he is the presumptive nominee, that will stop. They will raise money for the general election by supporting two people familiar with the plan. Top aides suggest trump may need a billion dollars. In turkey, resident erdogan has won a power struggle that sent Financial Markets plunging. The Prime Minister is expected to step down this month. The two clashes between have undermined confidence in turkeys market. Russians will create three new divisions, about 30,000 soldiers that will be stationed in the western and Southern Military districts. Nato is expected to send troops to poland and the baltic state. Forced 80,000t peo
The Secretary for Financial Services and the Treasury will meet Michael Bloomberg, media mogul and former New York City mayor, on Tuesday. He will also address local business and financial leaders.