House Economic Advisor larry kudlow someone we know and love worked here a long time. Saying that the u. S. And china are getting close to an agreement. He described the talks being very constructive in his words saying the mood music is very nice that has not always been so in these things. He sded that the president is not ready to sign the deal just yet. Also getting word in china, vice premier lu will be holding principal level calls today we are up 60 points about all it is worth, i would say. Right now, hong kong confirming overnight that they have plunged into the first recession in a decade. That marks the second straight quarterly decline. The Financial Hub has been suffering from violent protests, the u. S. china trade war the week of rage continues to boil over. Well get over to matt bradley for more on that andrew, yes you are right. This has been six months of protests this started with the extra diction bill that started over the summer that has been drawn. You can see un
Wilbur ross about the u. S. china trade deal. So were really in a win win position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, certainly retail sal
Position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, certainly retail sales and walmart numbers. It feel like the consumer is the best thing going
So were really in a win win position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, certainly retail sales and walmart numbers. It feel like the consu
Position. Either the tariffs will continue, or well have an acceptable deal with china. So the important thing is to make sure that the deal is what we think it is, make sure that it is consistent with the premises that theyve made to us. Maria and there was a lot of back and forth about that this week. Also this week we saw signs that the consumer is still strong thanks to great retail sales numbers, better than expected earnings from walmart, among others. All of this led to a texassized rally on wall street. And joining me right now to talk about this week and beyond with is the president of the Dallas Federal Reserve bank, robert kaplan. The president of the bank there. And, robert kaplan, its great to have you this weekend. Thanks so much for joining me. Great to talk to you, maria. Maria how would you assess the economy right now . We did get some okay numbers on the consumer this week, certainly retail sales and walmart numbers. It feel like the consumer is the best thing going