Page 2 - Consumer Numbers News Today

Little bit this week. talking a lot next week. top people are going to be speaking the week following. but im not looking for a partial deal. im looking for a complete deal. >> reporter: do you think you need it before the election? >> president trump: no, i dont think i need it before the election. people know we are doing a great job. i have rebuilt the military. scott and i were talking about that. we spent $1.5 trillion. when i came in, our military was depleted. frankly, we didnt have ammun...

Products. so they would like to do something, as you know, were talking a little bit this week, talking a lot next week. and then top people are going to be speaking the week following. but im not looking for partial deal. im looking for complete deal. >> reporter: before the election, sir? >> no, i dont think i need it before the election. people know that were doing a great job. ive rebuilt the military. weve -- scott and i were talking about that, we spent $1.5 trillion. when i came in, our m...

Capital coming to the best game in the globe which is the trump economy. its going into our stock market. >> i sure dont see a recession. we had some blockbuster retail sales, consumer numbers towards the back end of last week. really blockbuster numbers. >> president trump and his economic team pushing back against the indicators that show a potential recession may be on the horizon. joining me now is kathryn ranpel. and if the the economic team wants to be glass half full on the economy, go ah...

China, the white house is trying to tamp down worries. we heard over the weekend from sources explaining to cnn that aides talked the president into waiting until after december by essentially telling him tariffs would hurt families near christmastime. two of the presidents top advisers on the economy spoke on talk shows. heres what they said. >> in this case, the flat curve is actually the result of a very strong trump economy. what we see now is foreign capital coming to the vebest ga of the g...

Ready response for those concerned that a downturn is around the corner. that message -- nothing to see here. >> i dont think were having a recession. were doing tremendously well. our consumers are rich. i gave a tremendous tax cut and theyre loaded up with money. >> the fact is that the fundamentals of our economy are very strong. and you know it we have more people working in this country right now than ever before. >> i sure dont see a recession. we had some block burster -- blockbuster reta...

Every arson a learning experience. >> the facebook didnt find the matches. they created them. lets be clear. okay. they didnt stumble upon a bunch of matches. they are biz net lab, trying to find the are latest match. in europe they have a chart saying why we should break up facebook. they are saying that subscriber growth has gone flat. but revenues from subscribers have gone up. in wall street, thats a buying opportunity for a lot of these politicians, its called, too much power. lets break th...

And this. are they in a position to be making these sort of demands? >> well, not really, charles, because right now you look at the numbers that have come out from the chinese economy from may, imports down 8.5% year on year, thats a real indication of softening demand. their consumer numbers are not very good. the first indications from june on the manufacturing sector show a contracting economy. so, you know, they are not in a good position, but they think they can bluff president trump and b...

Yet it was still a week with investors here being very nervous because of what happened last week on wall street when we saw this correction happening also when you look at todays trading day this really reflects what happened all of this week we are still dealing with a very volatile market on wednesday for example in regards consumer numbers we saw at the roots of index stocks here really dropping and then it recovered the dax will finish this week with a plus of about two point seven percent ...

It is incumbent on the democrats to step up whether it is healthcare, infrastructure, tax reform in the united states senate where there are a number of individuals that are democrats from states where trump was victorious. david: democrats and congress opposing trump will have to be dealing with the electorate who on a local level voted away from democrats toward republicans but sticking on the economy, we have terrific economic news on the last week but you never know it because the president ...

People to feel they have more in their pocket to spend in the mall and holiday season. we go with the same sentiment. they are not rushing out and buying expensive items. there is a trend. and they are cautious about p how much they spend. and going into 2016, that is the right approach to the investment community or consumer over all. and janet yellen will be watching how the consumer numbers will come in and she will be cautious about going forward in raising interest rates in a fast pace. >> ...