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Started falling and the euro thrived new bond purchases drew to a close late 28000 by which time the e.c.b. had bought up something commercial bonds totaling 2.6 trillion euros so a moment of truth for the e.c.b. economist marcus sorry i ve slipped what s for the new name because with markets well sorry i should know if it is worth talking to you and you know what you re talking about i hope so i hope so too you re an economist from saigon tell us what druggy is doing here if he s done the right thing if he s moving in the right direction or if it s any kick the can down the road where there is a lot of public debate amongst one attorney policy expert whether this step which stewart will be taking today is right or wrong so number one he would probably lower the deficit rate 2 point me at minus point 5 minus point 6 and secondly and that s the more important question is whether he will and reestablish the q.e. ....
Program that s an open discussion and we will see what will come out he s done a lot but he hasn t got growth up where he wanted it or inflation he has really done a lot and whatever it takes was really tremendously positive and great sentence his legacy but on the other hand he s going to be the president of the e.c.b. with a name. 8 years time without lowering it was out hiking without raising any texas texas interest rates over the period of time so that s the 2nd part of his legacy and he has put the p.c.b. into a political environment and we will see what christine legarde will be doing out of it just before christina god comes in do you reckon he s going to take this last opportunity to set spock s flying at at his last meeting today i reckon that he will lower the deficit rate and i reckon that he will do something with a q.e. program so he will end his term as he started it how functional is this whole system such a big player e.c.b. ....
Foreign policy, on the economy, it s having-jerome-bettis- on-your-flag-football-team easy. then what i don t understand about joe biden is why doesn t go get em, bus! he talk about the economy? ohhhh! the economy is joe biden can [laughing] make a very credible case that the trajectory of the economy c mon bus, c mon! hey, wait, wait, wait! started in 2009 with barack hey man, i got your flag! i got your flag, man! i got your flag! obama. it has risen steadily, not huge, it s geico easy. with licensed agents available 24/7. but it s risen steadily. and starting from the deepest 49 - nothing! woo! crisis that obama inherited. you could argue about the qe woman: (on phone) discover. hi. do you have a travel card? yep. our miles card. 1, 2, and 3, we could argue earn unlimited 1.5 miles and we ll match it at the end of your first year. about that. but the trajectory of the nice! i m thinking about a scuba diving trip. economy has been good. black unemployment went down 52% woman: ....
Thing, what is going on is the market in the short run there was a big bet that the economy is weakening, getting the fed to lower rates and it is not that week so we get a big boost and that story changed. neil: they say a great report will be reported favorably and a bad report, that sets you up. good news is bad news, bad news is good news but when you talk about the tool i think the fed decided that by cutting rates, not cutting rates, the qe was difficult and there was a bit of hocus-pocus. neil: the president was a critic and do that for me and really awesome. it could be added back in ....
His report. and the warnings are already coming in, this could really backfire. fox news, our analyst and fred gregg jarrett, author of the russia hoax, he says serious qe believed mueller would face, tht he needs to face, like how did he not investigate hillary s campaign over the phony russian dossier? what about strzok and page and their blatant bias? why pick a team a partisan democrats, even hillary s attorney not one republican? and was any evidence in the phony, anti-trump dossier was verified before the fisa warrant was renewed? and what about, by the way, that would be hillary s vice a warrant, conflicts of interest, mueller close to comey, why didn t mueller honor the bedrock principle of presumptions of innocence, equal justice, things like this? and lastly, when the special counsel met with trump for the job to replace james comey, isn t it true that mueller discussed the reason why trump fired comey? ....