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All that and much more on making money. Charles so the question are our hopes really starting to fade for a china trade deal . Commerce secretary wilbur ross actually downplaying a deal between President Trump and xi xinping at the g20 summit next week. With hearings kicking off today on new tariffs where exactly do we go from here . Joining Us Hudson Institute senior fellow, author of, the 100 year marathon, michael pillsbury. Michael, you were saying for a long time, that wall street was getting over its skis, anticipating a deal. It was far too early. You were 100 correct. Thank you. Charles i think wall street is adjusting to a deal may not happen or happen overnight . I wouldnt be overly pessimistic. It is quite possible the two president s will have a very serious talk in private and then come out and Say Somethin ....
Somewhat below 2 . The fed does maintain gradually rising rates. This should be anywhere between the 2 that, two rate increases that some fed Bank President s have been calling for like harker out of philadelphia to as many as four this year which some economists are saying could happen. The dot plot in december said we would have three. The fed also reaffirmed its 2 target rate knits annual statement. Jay powell will become the new chairman effective february 3, sworn in monday at 9 00 a. M. , trish. Trish thank you, adam. Joining me for reaction barrons Senior Reporter and gary kaltbaum, kaltbaum capital management. Gary, people were concerned Interest Rates move higher but shouldnt they . If youre in a better economy shouldnt we have threat of higher Interest Rates< ....
Speaking exclusively, sessions says that recusal is admission of any wrong doing. Its simply that whether or not you can be perceived as fairly deciding a case or evaluating that case. We are moving in through that latest flap. He defended his answers during senate confirmation. I focused on that i had not had any such meetings, was not meeting with russian officials on a continuing basis to advance any campaign agenda. I had met in my office in an official way, that was the answer i gave and that was an honest answer. President trump is standing firmly by sessions saying that he has, quote, total confidence in attorney general but for Senate Minority leader Chuck Schumer the recusal is not enough. There cannot be even the doubt about the impartiality and fairness of the attorney general for the good of the country, attorney general sessions should resign. As you might have g ....