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Time. How much more can this market take before there is longterm effects on the economy . Thank you. Market does short run corrections. About 10 or 11 or something. Weve been through this many times before. I dont think, even though it is a frontpage story and no one likes to see their asset values go down, i just dont think, at this point, it will have much of an impact. , how longlify that this lasts,. How long this lasts, it depends on how deep it goes. I will remember i remember i was a reagan cub scout and i remember the 1987 market crash and president reagan saying the economy is fundamentally sound and the economy grew by 3 or 4 after the crash. I think President Trump said it in this room two nights ago, we just think the economy is sound. Therefore, i dont think this shortterm stock market plunge will have any longterm effect. [indiscernible] not at the moment. If you had a friend that was thinking about going to china, ....
That will give you and i . How we are trading. This is at 33, local high. Crude oil is 46 and . 50 46. 50. There are few stocks higher having to do with masks selling, personal hygiene products, and all of the indices, that includes what you would expect, the cruise, tour operators, they are all very much in the red here and in new york. Minutes inive europe, we seem to have found a floor when it comes to stocks flaw when it comes to stocks. Some signs of stabilization. I have couple a couple emails around five to six minutes ago talking about what level the circuit burgers kick in on the s p. People are getting jittery, and those conversations may be why we see some signs of stabilization in the markets. Its too early to get excited. We will monitor it closely. At 390. Toxx 600 im trying to scratch my head and wonder why the euro is up today. I think there is a straight inferential. We have seen the frontend of the u. S. Curve, the two year segment. There was significant buying, and w ....
Periodicals. Previous books include the complacent class and great stagnation n new book, examines the tension between lack of trust in big business and argues that corporations despite americans are essential in balance, productive and Progressive Society by spurring innovation, rewarding talent and hard work and creating on which tech come to dependent. Tyler cowen with finance and tech industry, both critics and defenders will benefit from reading the book, cowen will be joined by edward, u. S. National editor for Financial Times and author of the retreat of western liberalism. Please join me in welcoming tyler cowen. Thank you very much for the introduction. Delight to be here with tyler. Ive met tyler a million times, have met many years, we dont always agree with each other. Disagreeing without being disagreeable and far more manageable at the end of it. We do agr ....
When the issue as you know they were in the areas that we had played out there. Well so heres the problem though everybody on capitol hill is patting themselves on the back for this historic incredible deeply meaningful trade deal that will impact workers in such a positive way but can we just tell the truth here because politics aside the u. S. Embassy a isnt a great trade deal its in fact only a little bit better than nafta so lets go back over here to the wall where we can break down exactly what is different about this particular deal compared to the original nafta because remember President Campaign that nafta was the worst trade deal in history and the u. S. In ca is the best there are 2 major components to the u. S. In ca that supposedly make it a better deal than nafta the 1st is labor standards so here is how democratic congressman Richard Meale the chairman of th ....