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July 16, 2024
We saw was escalation of the trade war with the latest move being china fixing above seven last night. That is trading at 7. 10 now usdcnh. For adding to the downside, it is the internet and Home Entertainment index in the s p 500, the worst performing group right now. Electronic arts, take two interactive, and Activision Blizzard after the president talked about reframing violence in society, specifically encz and video games as part of the problem specifically mentioning videogames as part of ...
June 28, 2024
It is a safe haven trade and commodities. David the president is getting out of town, traveling for nine days to five cities in four countries. Marty. I want to start with what the president said, he was going to bloomberg best during the slot. Yesterday, when he was at the News Conference with the present of columbia, he was talking about the investigation. Marco rubio came out and said he thinks the president is entitled to his opinion it, but we are a country of laws. Are they having doubts a...
June 27, 2024
Thats the strongest of the expansion. Well get to all the numbers of the premarket relatively steady. Europe is mixed. Yields actually if you just heard ticked up on that wage data. Factory orders, rig count and fed speak today still on the way. Roadmap begins with 156,000 jobs added in december, below what the street was expecting. The last jobs number under president obama. First it was ford then it was gm. This time the president elect goes after toyota sending alarm bells across the nation o...
June 27, 2024
Points. That number is a little misleading, a third of the down ends are higher. United help down about 3. 5 . Thats heavy and is dragging the index down as well. United health bringing down the marks. Keep in mind for the best week so far for the year for the dow. Brian, thank you very much. Welcome, everybody. Im tyler mathisen. A florida man is in Police Custody for allegedly plotting to blow up several east coast target stores. Investigators believe he was attempting to target stock. A man a...
June 27, 2024
Introduction of the person who needs no introduction. Before i do that, i nor wyden mentioned the nba allstar metaphor, i just wanted to follow up on that, the score in the nba allstar game this year was 192182. It was the highest scoring basketball game i think ever. Were hoping our speakers today dont take quite as much offense as the nba did, and were hoping the speakers provide some defense as well. So we look forward to some very good discussions. Alan is the robert d. Burch professor of ec...
June 27, 2024
It would still be possible to increase the profit in foreign jurisdictions, not just to reduce profit in the us so companies have some incentive to send profits to the us even if it is for one tax jurisdiction. If the us is the only country that adopt this plan the loss of Interest Deduction probably means they will be shifting in the other direction as well with respect to interest. That is multinationals in more than one location will to the extent allowed by laws in other countries be encoura...
June 27, 2024
It would still be possible to increase the profit in foreign jurisdictions, not just to reduce profit in the us so companies have some incentive to send profits to the us even if it is for one tax jurisdiction. If the us is the only country that adopt this plan the loss of Interest Deduction probably means they will be shifting in the other direction as well with respect to interest. That is multinationals in more than one location will to the extent allowed by laws in other countries be encoura...
June 27, 2024
World, he is a leader in our profession in numerous honors and awards, the editor of not just one, but of two top journalists in economics. On top of that, ive been the great beneficiary, coauthor with alan on many occasions. Today, hes going to talk about the destinationbased cash flow tax, a proposal for which hes done much of the heavy lifting and main proponent and we can all benefit from his explanation of how it works, why it is a good idea, and what some of the issues are and how they can...
June 26, 2024
Most opponents that he previously faced, watch out when tim kaine comes in. He was flustered and off his game. Mike pence came with his a game and demonstrated a contrast. The important thing for voters to understand that the single most important thing a president ial candidate does is choose their Vice President ial candidate. Tonight, donald trump proved that the kind of people he will put around him are people like mike pence, solid, solutionoriented folks. Mark thank you, and i know some ar...
June 26, 2024
Negotiations with the eu. Anna a very warm welcome to countdown everybody. Manus the torch paper of risk is back on the table. What do i mean . The damage is almost throwing fuel on the fire. European Central Banks considering winding down bond purchases before ending quantitative easing. Are they . They emailed a statement to say manus the story says they have not excluded suspending the past of the current sorry extending the current program, at the end date of march 2017, at the price of 480 ...