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Market. will strong consumer sales outweigh any of those fears? what do you think? it depends on what you mean, outweigh. consumer spending has carried a lot of the economy in the last year with the trade uncertainty. it s a good thing that people are feeling generous at christmas and well enough to shop. neil: we talk about consumer confidence. do you think it will last that way through the season? yeah, i do believe that consumer confidence will likely last to the end of the year. i think we really would need a dramatic shift in trade war talk, something really tangible for the confidence overall to shift. neil: there is concern that the china thing is bumping along. one day we get good comments and other days we get medium comments. ....
Department s office of legal policy in washington. as the times reports, prosecutors normally pursue criminal investigations across the country. they generally don t carry out tasks related to supreme court nominations and this request is an unusual insertion of politics into federal law enforcement according to the new york times. trump nominated kavanagh on monday to replace justice anthony kennedy who is retiring. take a look, $70.38. a possible spike in libyan oil exports and president trump s trade dispute with china have pushed oil prices down again to about $70.30 a barrel. this is a drop of almost $4 in one day. u.s. stocks are trading sharply lower today. the drop down now 9/10 of a point, more than 200 points lower. it s been down all day. this is all trade war talk. so we are going to follow this very closely. as we have noted the markets haven t fully turned on this, but there is reporting that the trump administration is getting ....
Get more promise of more purchases of u.s. goods. i want to read something from the washington post. china knows what it needs from the negotiations. the white house clearly does not. shifting and contradictory demands complicated by in-fighting and reversals and error errors. in short, over here on team usa it has been amateur hour. clearly wall street loves the amateur hour. it means there is no trade war. does it fulfill the promises the president made on the campaign trail to get tough on china? trade wars are not good and the only thing that is easy about them is walking away. i don t know whether or not this administration has decided to put a pause on the trade war talk because the elections are coming closer and closer and the good economy helps republicans ....
A trade war talk to an economist about this and he said you know in the thirty s of the last century when the exports caved in by about sixty percent that was a trade war no one was talking today we re talking we re talking about very little exports that might be affected and so far it s a cold trade war he said it can also be a call to conquer conflict in a dispute but of course the risk of a next life as a collision to a trade war it s there the risk is there. sometimes for thank you very much. tesla s bossy unmask is still fully in charge of the company he helped found that s despite a proposal by some shareholders to strip him of his role as chairman of the electric car maker the move a tesla and annual meeting would have left musk holding only the title of c.e.o. it comes amid worries over new losses at the company overwhelming majority of shareholders voted against it after said tesla was on track to meet production ....
Chinese steel dumping or tariffs or copyright enforcement, it s a far cry from what the president s been saying, especially on twitter, and what his chief economic adviser and his press secretary said today. trade wars are good and easy to win. that s what the president tweeted early last month. well, today responding to the president s new tariffs on goods from china, chinese retaliated threatening tariffs on their own on big american exports including soybeans and cars. this morning with wall street ploized to plunge, the president s chief economic adviser sought to downplay the trade war talk. is that your view, that you can t lose a trade war if you re already $500 billion in a trade deficit according to the president s tally? i m not sure what exactly he s referring to. i haven t talked to him about that. could we lose a trade war? no. how is that? i ll accede to you. i don t see it that way. ....