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October 7, 2017
Island. will puerto rico will need capital to rebuild and need access to the private markets and it will not do that if it defaults and wipes away all of the debt. plus, keep in mind, about 75% of that debt is held by moms and pops on the mainland who are, who own puerto rican debt through mutual funds and theyre pensioners. it is not wall street. >> okay. fair enough. the, the debt load though is severe. going to be haircuts here for some of these lenders? >> oh, sure. i mean, theyre already ge...
June 6, 2017
1990s. like most retail stores, j. crew had a tough time. they are struggling with a sales slump and a hefty debt load. that apple speaker, you call on siri, like nine devices are going to respond or does it have its own unique alexa-type name? >> it may cost more. >> because its apple. >> all right. "early start" continues right now. >> its not a travel ban. >> that was genuine. >> apparently not. president trump scrambling once again to explain the travel ban, efforts to get momentum behind ...
May 8, 2017
The debt load and taxpayer burden on people fleeing new york. they say that is the reason they leave. it is not sustainable. i care about the individuals. we need to do better. we need to come up with more effective ways to do it. this is a step in this direction. i look forward to the debate. >> you had the cbo score that said you will have many millions of people lose coverage because you are taking money out of the system. how is that compatible with your compassion? >> because that same scor...
December 4, 2016
Right here looking to be at a polling place. in florence, italy. were watching that as we speak with you. nina, youre our financial expert. so what could a no vote mean to the economy there? italy has not been able to get it going and banks are very much in jeopardy. one in particular. >> im glad you mentioned the banks, natalie. what matteo renzi put on the table in terms of the essential questions that are voted on in terms of this referendum, on the face of things, has nothing to do with the ...
November 15, 2016
On monday. all of those stocks are enjoying a buffett bounce. up 7% in pre-market trade. they are taking flight. buffett didnt say what caused his change of heart on the airline industry. a crash in the price of jet fuel. stocks are climbing, but bonds are getting crushed. the yield on the ten-year treasury spiking to 2.3% on monday. incredible jump from the 1.7% before the election. it was as low as 1.36 this summer. one said this move is a violent reaction to trumps economic plans. the spike...
November 8, 2016
Policies that could be problematic. on the trump end you have got policies that would restrict immigration and restrict trade. on the clinton side its unclear whether she would address the debt and the debt load going forward causes problems as well. >> when you look at the tax plans, they say ben stein that hillary clintons plan, when it comes to taxes would reduce the national debt by $5.4 trillion in 20 years. trumps would add $20 trillion over 20 years. look, your concern is -- do you like a...
October 22, 2016
Claims. >> it is a huge challenge. a lot of economists, both left and right, would make the argument there is room for some changes to policy to help jump-start economic growth. we have been stuck around 1% gdp growth year over year for the last couple of years. there is room for growth. certainly, tax reform would be part of that. there has to be a point at which a tax reform plan becomes overly burdensome looking at our debt load. the question is how is he going to pay for it? >> thats exactly...
September 29, 2015
Investors are worried how it will deal with the debt load. another sector bio-stocks getting slapped. and donald trump one-on-one with cnn give details about his tax plan. who he says will benefit, but will it work? next. everyone needs protein, every day. there are more than 20,000 different proteins in the human body.
September 29, 2015
For conservative principles. time for an early start on your money. asian shares fell this morning. european shares down. worries about a global slowdown and demand led by china. the same worries sending prices for raw materials like oil, copper and iron lower. shares of glencorp plummeted 30% yesterday. the investors are worried how the company will service its debt load. that got a lot of attention yesterday. another sector crushed is bio-tech. valiant dove 17% after the subpoena of the comp...
July 6, 2015
1934 when fdr got to work it started to turn up. but if you look at the greek economy, you see its basically flat lined down here. and so they have been living in a situation much like our great depression for the last several years. >> unemployment among young workers, 50%. 50%. >> lets turn to unemployment for a second. unemployment is also worse in greece than it was in the great depression. just by a little bit. i think that is 25% in the u.s. its 25.5% for all workers. to your moinlt much m...