editorial report. we hook ahead to 2024 and a new set of challenges and opportunities for the country. i m edward lawrence in this week for paul gigot, and we begin with the u.s. economy which defied expectations in 2023 as inflation fell and recession fierce faded. now the santa claus rally in the stock market giving us another record close this week for the dow jones industrial average and the federal reserve signal rate hikes are done and cuts could be in store for 2024. let s bring in jason trennert, he s the chairman and ceo of strategists and investment strategy firm. jason, let s start overall here, we get this. you know, overall we get some the contrarians won in 2023. so people were projecting the most predictive recession in history, and it didn t happen. so is the recession then off the table for 2024? edward, it probably is. i will say that the recession didn t happen in 2023 partly because we ran a budget deficit of close to 6% of gdp, $2 trillion at full em
election. these people are so fed u -. the election. these people are so fed un- they want election. these people are so fed un- they want a election. these people are so fed up. they want a say election. these people are so fed up. they want a say in election. these people are so fed up. they want a say in this. - election. these people are so fed| up. they want a say in this. there is a choice up. they want a say in this. there is a choice to up. they want a say in this. there is a choice to be made. we need a general is a choice to be made. we need a general election. let the public in to decide~ general election. let the public in to decide. do they want to continue with this to decide. do they want to continue with this utter chaos? in other news, xi jinping has a in other news, xijinping has a third term as china s leader after being in powerfor a decade already. ukrainian president zelensky says renewed russian strikes won t stop a ukrainian military ad
Lyft, Inc. (NASDAQ: LYFT) shares are trading lower in Wednesday's after-hours session on the heels of the company's third-quarter earnings report.
himself didn t hold those positions, then he had employees who did who shared information that was not made public. he shared those in the form of stock tips to romantic partners, friends and assistance. two of his personal pilots also are facing security fraud charges. he had an investment in one biochemical company. he knew the results of a clinical trial which happened yet been made public. had not yet. he strongly advised these two pilots to buy stock in this company. they held onto the stock. the stock rose sharply, the gentleman in question made a lot of money. that s the kind of accusations that are being brought brought the prosecution, but i have to say that a lawyer for mr lewis has said these are without
liz truss s authority and humiliating the prime minister where her intention may have been to defend her. but in doing that, her stock rose, if you like, and she positioned herself as a possible candidate to take over from liz truss and a few days later, the prime minister resigned and here she is in the running to take over. in is in the running to take over. in discussing borisjohnson is in the running to take over. in discussing boris johnson and the discussing borisjohnson and the likelihood of him throwing his hat in for the leadership and becoming prime minister, what the consequences would be once we have the results of the select committee investigation that is going on, could you remind us why that matters? what is the background? the matters? what is the background? tt9: background matters? what is the background? tt9 background is matters? what is the background? tt9 background is the matters? what is the background? tt9 background is the partygate saga, as it became to be